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)

Thematic (Sector/Industry)

Pakistan It services / Thematic (Sector/Industry)

<ul><li>Pakistan's Information Technology (IT) exports for Oct 2023 of US$238mn are up by 16% MoM. Segment-wise, Telecom, Computer, and Information Services up 49%, 9%, 50% MoM, respectively.</li><li>Oct 2023, IT export inflows are also higher than last 12 month average of US$219mn.</li><li>IT exports in Oct 2023 increased on a MoM basis, mainly due to combination of (1) higher number of working days compared to Sep 2023 and (2) higher realization per day.</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 Oct 2023 of US$238mn are up by 16% MoM. Segment-wise, Telecom, Computer, and Information Services up 49%, 9%, 50% MoM, respectively.Oct 2023, IT export inflows are also higher than last 12 month average of US$219mn.IT exports in Oct 2023 increased on a MoM basis, mainly due to combination of (1) higher number of working days compared to Sep 2023 and (2) higher realization per day.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 increased 16% MoM in Oct 2023; IT Exports up 4% YoY in 4MFY24