EconomyNegative · Do not buyExpress Tribune

SBP reserves edge up $17m to $17.1b

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SBP reserves edge up $17m to $17.1b — Banks, Economy | Shariah PSX

Desk Analysis

How This Affects the Exchange

Sector Effect

Negative · Do not buy

Cautious read for Banks, Economy — price/volume reaction may stay soft near-term.

Sectors & Direction

Desk read

Desk call: Do not buy · Negatively affected

  • BanksNegatively affected
  • EconomyNegatively affected

Companies

MEBL · Do not buyMCB · Do not buyUBL · Do not buyHBL · Do not buyBAHL · Do not buyFABL · Do not buy

Companies Mentioned

  • · Negatively affected · Do not buy
  • · Negatively affected · Do not buy
  • · Negatively affected · Do not buy
  • · Negatively affected · Do not buy
  • · Negatively affected · Do not buy
  • · Negatively affected · Do not buy

Mentions in This Briefing

Sectors: Banks, Economy Negative · Do not buy. PSX tickers: MEBL, MCB, UBL, HBL, BAHL, FABL. Cautious read for Banks, Economy — price/volume reaction may stay soft near-term.

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SBP reserves edge up $17m to $17.1b

Total FX holdings rise to $22.59b; gold falls Rs3,500 as global prices retreat