External broker reports(aggregated public sources), Topline Securities

Topline Securities

Topline Securities is one of the fastest growing brokerage houses in Pakistan. It has strong equity brokerage, economic / equity research, mutual fund distribution, commodity trading and corporate finance & advisory functions. Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

External broker reports(aggregated public sources)

Pakistan: A Full Blown Crisis Ahead of Elections, Implying a Large IMF or China Rescue Is Needed

Military Intimidation Aimed at Bringing Imran's PTI to Power; It May Work, but Will Fuel Instability

India Politics: Will Imran Led Pakistan Be More Aggressive on Kashmir? Implications for Subcontinent

Macroeconomics

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<li>Moody’s has changed outlook of Pakistan’s credit rating to “Negative” from “Stable” while maintaining country’s rating at “B3” (highly speculative). It should be noted that prior to Moody’s announcement, Fitch changed its outlook to “Negative” from “Stable” in Jan’18 while affirming the rating at “B”.</li>
<li>Standard &amp; Poor’s (S&amp;P) has so far maintained Pakistan’s rating at “B” with “Stable” outlook in recent few months. A similar response from S&amp;P cannot be ruled out in the immediate future where it…</li>
</ul>


Moody’s has changed outlook of Pakistan’s credit rating to “Negative” from “Stable” while maintaining country’s rating at “B3” (highly speculative). It should be noted that prior to Moody’s announcement, Fitch changed its outlook to “Negative” from “Stable” in Jan’18 while affirming the rating at “B”.
Standard &amp; Poor’s (S&amp;P) has so far maintained Pakistan’s rating at “B” with “Stable” outlook in recent few months. A similar response from S&amp;P cannot be ruled out in the immediate future where it…


Pakistan Economy: Credit Rating Agencies Turning "Negative"