External broker reports(aggregated public sources), Topline Securities

Topline Securities

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External broker reports(aggregated public sources)

Thematic (Sector/Industry)

Pakistan Technology hardware and equipment / Thematic (Sector/Industry)

<ul><li>Pakistan's Information Technology (IT) exports for Sep 2023 of US$206mn are down by 12% MoM. Segment-wise, Telecom and Computer Services down by 26% and 9% MoM, respectively.</li><li>Sep 2023 IT export inflows are also lower than last 12 month average of US$219mn.</li><li>IT exports in Sep 2023 declined on a MoM basis, mainly due to lower number of working days compared to Aug 2023. Our banking channel checks indicate that higher clearing days impacted the realization of proceeds.</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's Information Technology (IT) exports for Sep 2023 of US$206mn are down by 12% MoM. Segment-wise, Telecom and Computer Services down by 26% and 9% MoM, respectively.Sep 2023 IT export inflows are also lower than last 12 month average of US$219mn.IT exports in Sep 2023 declined on a MoM basis, mainly due to lower number of working days compared to Aug 2023. Our banking channel checks indicate that higher clearing days impacted the realization of proceeds.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 Technology: IT Exports Flat YoY in Sep 2023; IT Exports up 3% YoY in 1QFY24