PSX gains 2.2% on rate cut optimism

With T-Bill yields dipping below 10% for the first time in four years, investor sentiment at the Pakistan Stock Exchange remained upbeat this week.

Market participants are now eyeing a 0.5% to 1% rate cut in the upcoming monetary policy committee meeting on Monday, January 26. The fertilizer sector led gains on expectations of strong earnings and dividend payouts.

In this week’s Stock Watch, powered by Chase Securities, Nukta’s Shuja Qureshi and Shahbaz Ashraf are joined by Shankar Talreja of Topline Securities for an in-depth discussion on the policy outlook and anticipated corporate results in the fertilizer and banking sectors.

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