External broker reports(aggregated public sources), Topline Securities

Topline Securities

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External broker reports(aggregated public sources)

Macroeconomics

<ul><li>Pakistan reported 15 year high monthly current account surplus of US$729mn in Nov 2024, up 111% MoM, taking 5MFY24 current account surplus to US$944bn compared to deficit of US$1.67bn in 5MFY24.</li><li>Higher current account surplus is attributed to decline in trade deficit by 14% MoM and services deficit by 43% MoM, respectively. Similarly, primary deficit also fell by 7% MoM.</li><li>Improvement in goods and services trade balance is on the back of 10% decline in goods imports and 13% decline in import services.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Pakistan reported 15 year high monthly current account surplus of US$729mn in Nov 2024, up 111% MoM, taking 5MFY24 current account surplus to US$944bn compared to deficit of US$1.67bn in 5MFY24.Higher current account surplus is attributed to decline in trade deficit by 14% MoM and services deficit by 43% MoM, respectively. Similarly, primary deficit also fell by 7% MoM.Improvement in goods and services trade balance is on the back of 10% decline in goods imports and 13% decline in import services.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Pakistan Government International Bond (PKSTAN GOVT)

Pakistan Economy - Nov 2024 Current Accounts Surplus Recorded at US$729mn