External broker reports(aggregated public sources), Topline Securities

Topline Securities

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External broker reports(aggregated public sources)

Cross Asset Strategy

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<li>National Accounts Committee (NAC) released GDP estimates for 3QFY24 which have shown a growth of +2.09% compared to -0.42% recorded in 3QFY23. NAC has also released provisional numbers for full year FY24, suggesting growth rate of 2.38%, largely in line with our estimated number of 2.5%.</li>
<li>Sector wise, in 3QFY24, agriculture has shown a growth of 3.94%, industry 3.84% and services 0.83%.</li>
<li>Agriculture: All the constituents of agriculture have contributed positively including important crops (+2.89% due to wheat), other crops (+1.14%), cotton ginning (+61.75%) and livestock (+4.20%).</li>
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<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>


National Accounts Committee (NAC) released GDP estimates for 3QFY24 which have shown a growth of +2.09% compared to -0.42% recorded in 3QFY23. NAC has also released provisional numbers for full year FY24, suggesting growth rate of 2.38%, largely in line with our estimated number of 2.5%.
Sector wise, in 3QFY24, agriculture has shown a growth of 3.94%, industry 3.84% and services 0.83%.
Agriculture: All the constituents of agriculture have contributed positively including important crops (+2.89% due to wheat), other crops (+1.14%), cotton ginning (+61.75%) and livestock (+4.20%).

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 Economy - Pakistan GDP grew 2.09% in 3QFY24; 9MFY24 Avg 2.2% In line with expectations