Arif Habib Limited issues Pakistan Investment Strategy Report 2021.

• Position: Report

KARACHI -- Arif Habib Limited (AHL) today released its Pakistan Investment Strategy Report for 2021. During a virtual session with media, AHL reiterated the domestic equity market to be an attractive investment avenue and that it expects the KSE100 Index to reach ~51,000-52,000 points by Dec'21.

Tahir Abbas, Head of Research, AHL, began the session providing an overview of the Strategy Report in which AHL states that fundamental economic recovery led by higher activity, stable outlook on the external sector, impressive corporate profitability, strong liquidity and prevailing attractive valuations are likely to ignite buoyancy in the bourse.

With the rollout of vaccines expected in the near future, AHL expects the opening up of global economies - a major trigger for the exports of Pakistan along with continuance of robust momentum of remittances which should lend further support to the external account.

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