AABS 812.88 -5.98 AATM 52.32 -1.68 ABL 169.06 -1.84 ABOT 908.32 -9.67 ACIETF 16.12 -0.16 ACPL 229.96 -0.04 ADAMS 63.08 -3.01 ADMM 51.37 -2.23 ADOS 29.00 0.00 AEL 33.68 1.68 AGHA 6.32 -0.13 AGIC 38.71 0.17 AGICR2 5.92 0.27 AGIL 150.72 2.72 AGL 44.71 3.02 AGP 153.57 -2.13 AGSML 8.75 0.00 AGTL 341.04 -11.96 AHCL 14.96 0.07 AHL 130.50 -0.50 AHTM 95.14 5.11 AICL 91.81 -6.45 AIRLINK 123.11 -2.29 AKBL 103.36 -2.59 AKDHL 150.09 -4.87 AKDSL 33.60 -0.46 AKGL 52.21 2.11 ALAC 24.37 -0.03 ALIFE 30.65 -0.10 ALNRS 116.54 -9.96 ALTN 6.50 -0.20 AMBLR4 18.80 0.29 AMTEX 3.80 -0.12 ANL 9.13 -0.26 ANSS 23.50 -1.06 ANTM 70.98 -4.97 APL 577.25 2.30 ARCTM 38.28 0.28 ARM 27.90 0.00 ARMG 55.84 -1.16 ARPAK 129.06 -9.83 ARPL 436.41 31.46 ARUJ 9.60 -0.39 ASC 8.04 -0.11 ASCR2 0.02 -0.05 ASHT 32.30 -3.69 ASIC 38.41 3.61 ASL 16.56 0.01 ASTL 14.45 -0.18 ASTM 98.23 -4.76 ATBA 167.54 -0.97 ATIL 74.02 -0.08 ATLH 1,580.46 -8.52 ATRL 1,118.00 47.40 AVN 27.97 -0.09 AWTX 1,601.11 -160.11 AWWAL 10.00 0.00 BAFL 54.24 -0.84 BAFS 445.83 -6.10 BAHL 150.19 -3.30 BAPL 38.58 -3.37 BATA 846.05 -3.95 BBFL 39.96 -0.79 BCL 65.99 -1.50 BCML 42.60 1.39 BECO 4.37 -0.06 BELA 57.40 3.40 BERG 111.23 -1.04 BFAGRO 29.88 -0.62 BFBIO 119.97 -0.03 BFMOD 21.33 0.63 BGL 9.50 -0.10 BHAT 819.53 0.00 BIFO 114.00 0.00 BILF 38.39 -1.11 BIPL 24.46 -0.15 BIPLS 38.63 -0.36 BML 45.78 -3.72 BNL 5.68 -0.16 BNWM 63.00 -1.79 BOK 28.03 -1.88 BOP 30.88 -0.72 BPL 63.01 1.02 BRRG 46.00 -2.00 BTL 900.60 0.00 BUXL 751.13 0.00 BWCL 439.21 -8.78 BWHL 224.92 -0.82 CASH 50.30 0.30 CCM 42.00 -0.85 CENI 62.79 0.00 CEPB 25.40 -1.11 CFL 59.40 -0.76 CHAS 80.00 0.98 CHBL 9.78 -1.02 CHCC 259.85 -8.14 CLCPS 3.47 -0.06 CLOUD 62.85 0.00 CLOV 6.23 -0.21 CLVL 32.04 0.00 CLVLR 0.08 -0.22 CNERGY 12.81 0.02 COLG 1,177.35 -1.65 CPHL 71.76 1.55 CPPL 94.82 -0.17 CRTM 66.00 -2.00 CSAP 89.86 -0.34 CSIL 5.63 0.02 CSILR3 1.88 0.27 CTM 6.20 -0.10 CWSM 51.18 0.19 CYAN 41.91 -1.06 DAAG 89.10 0.10 DADX 107.58 2.58 DATM 2.35 -0.20 DAWH 275.28 15.28 DBCI 9.93 -0.46 DCL 9.48 -0.13 DCR 40.00 -0.20 DEL 18.30 -0.60 DFML 15.10 -0.20 DFSM 11.23 0.00 DGKC 189.04 -3.83 DHPL 26.55 -0.42 DIIL 77.75 7.25 DINT 55.01 -0.88 DLL 46.03 -1.77 DMC 155.93 -13.07 DMTM 8.56 0.04 DMTX 34.96 0.46 DNCC 15.21 -1.24 DOL 29.91 0.01 DSIL 8.28 -0.37 DSL 4.26 0.04 DSML 51.25 1.24 DWAE 22.29 0.10 DWSM 6.07 0.22 DWTM 9.84 -1.06 DYNO 325.00 1.89 ECOP 51.19 -3.20 EFERT 187.06 -1.44 EFGH 75.72 -4.68 EFUG 127.02 1.02 EFUL 155.59 0.48 ELCM 234.00 0.00 ELSM 149.90 1.25 EMCO 37.62 -1.38 ENGRO 485.38 3.39 ENGROH 261.28 -1.71 EPCL 32.43 -1.87 EPQL 23.20 0.03 ESBL 8.75 0.10 EWIC 54.58 1.46 EXIDE 435.59 -13.34 FABL 90.96 -0.35 FANM 9.15 -0.15 FASM 315.00 8.99 FATIMA 143.16 -6.84 FCCL 51.37 -1.12 FCEL 4.97 0.02 FCEPL 133.21 -4.69 FCIBL 30.82 0.04 FCL 26.49 0.07 FCSC 5.00 0.08 FDIBL 2.92 -0.17 FDPL 4.55 0.03 FECM 23.14 0.64 FECTC 93.70 -3.30 FEM 11.24 -0.76 FEROZ 328.83 -19.17 FFBL 88.94 8.43 FFC 535.11 -3.84 FFL 14.47 -0.28 FFLM 11.70 -0.25 FHAM 30.74 -0.39 FIBLM 15.12 0.10 FIL 271.11 -12.28 FIMM 215.99 13.98 FLYNG 36.11 -1.79 FMLR 47.00 -0.94 FNEL 1.09 -0.04 FPJM 20.65 0.68 FPRM 9.50 -0.60 FPRMR2 1.06 -0.09 FRCL 81.10 -8.90 FRSM 41.15 1.15 FSWL 152.22 -1.95 FTMM 18.09 -0.18 FTSM 39.98 0.17 FUDLM 8.00 0.55 FZCM 244.21 -4.78 GADT 297.24 -0.76 GAL 566.54 -8.57 GAMON 19.90 -0.20 GATI 84.11 -1.18 GATIR 15.04 0.04 GATM 21.40 -1.09 GCIL 32.19 -0.91 GCILB 9.30 -0.22 GCWL 14.03 -0.32 GCWLR 9.01 0.00 GDL 16.76 -0.05 GEMBCEM 11.30 -0.05 GEMBLUEX 6.02 -0.17 GEMMEL 39.28 6.28 GEMNETS 23.72 0.71 GEMPACRA 31.25 -4.75 GEMPAPL 11.00 0.00 GEMSPNL 85.95 8.05 GEMUNSL 20.00 0.00 GFIL 24.25 -2.19 GGGL 7.41 -0.37 GGL 20.00 -1.22 GHGL 39.07 -0.99 GHGL 40.11 -0.89 GHNI 1,158.43 -11.57 GHNL 33.90 -0.30 GIL 2,408.45 215.26 GLAXO 300.07 -5.43 GLPL 700.00 0.00 GOC 165.02 -4.87 GRR 22.15 0.15 GRYL 19.63 1.63 GSKCH 120.23 -3.98 GSPM 6.01 -0.57 GTECH 8.58 -0.22 GTYR 25.49 -0.40 GUSM 9.02 0.51 GVGL 55.73 0.85 GWLC 50.13 -1.03 HABSM 80.72 0.97 HACC 18.65 1.30 HAFL 430.06 0.00 HALEON 694.51 -0.49 HASCOL 18.91 -0.58 HBL 298.77 -2.23 HBLTETF 105.96 0.10 HCAR 213.56 -6.44 HCL 959.26 9.26 HGFA 13.52 -0.38 HICL 8.04 0.03 HIFA 4.71 0.26 HINO 320.46 -5.18 HINOON 921.48 -4.02 HIRAT 5.26 -0.33 HLEL 25.00 1.00 HMB 97.69 -0.78 HMM 5.80 0.01 HPL 3,961.68 51.42 HRPL 20.92 0.42 HSPI 8.81 0.82 HTL 36.53 0.37 HUBC 201.87 -1.13 HUMNL 10.06 -0.11 HUSI 51.03 -0.97 HWQS 17.85 -1.39 IBFL 232.21 -15.29 IBLHL 41.79 -2.09 ICCI 14.02 0.01 ICI 591.53 -3.37 ICIBL 16.07 -0.73 ICL 129.67 -2.33 IDEAL 46.66 0.26 IDRT 33.99 -1.75 IDSM 60.72 3.52 IDYM 128.63 0.63 IGIHL 255.79 -2.11 IGIL 19.00 -0.90 ILP 97.57 -3.48 IMAGE 24.59 -0.30 IML 22.16 1.13 IMS 17.92 -0.68 INDU 1,806.68 -26.32 INIL 156.09 -4.60 INKL 102.10 7.10 INL 21.52 -1.28 IPAK 38.11 0.11 IREIT 7.99 -0.06 ISIL 1,817.66 -5.34 ISL 77.67 -3.82 ITANZ 31.02 -1.98 ITTEFAQ 7.69 -0.06 JATM 32.93 0.88 JDMT 133.33 3.00 JDWS 882.41 86.27 JGICL 75.88 -3.34 JKSM 316.57 -24.71 JLICL 106.10 -1.75 JOPP 160.06 -11.94 JSBL 12.05 0.05 JSBLR1 0.01 0.00 JSCL 20.09 -0.40 JSGBETF 38.96 -0.38 JSGCL 151.31 0.00 JSIL 40.00 3.79 JSMFETF 10.37 0.07 JSML 47.00 -4.00 JSRR 10.52 -0.08 JUBS 51.45 6.29 JVDC 138.53 -0.37 KAPCO 25.76 -0.25 KASBM 1.19 0.00 KCL 161.87 -14.13 KEL 6.60 -0.25 KHSM 11.65 0.00 KHTC 295.01 0.01 KHYT 1,929.95 29.95 KML 8.31 -0.09 KOHC 87.99 -0.71 KOHE 15.51 -0.50 KOHP 20.52 0.15 KOHTM 95.87 -6.63 KOIL 34.81 0.63 KOSM 5.04 -0.16 KPUS 773.91 -28.77 KSBP 219.28 -7.72 KSBP 112.37 -2.61 KSBPR 3.02 0.72 KSTM 12.69 0.49 KTML 42.29 0.34 LCI 216.11 -3.74 LEUL 63.10 -2.20 LIVEN 30.72 -0.28 LMSM 63.91 0.00 LOADS 12.70 -0.17 LOADSR1 0.09 -0.10 LOTCHEM 24.72 -0.18 LPGL 78.16 -3.84 LPL 19.45 -0.45 LSECL 5.51 -0.24 LSECLR 0.36 -0.39 LSEFSL 3.08 0.00 LSEPL 4.65 -0.05 LSEVL 11.68 -0.07 LUCK 406.18 -8.47 MACFL 66.02 5.97 MACTER 240.02 0.02 MARI 641.40 -8.20 MARI 634.37 2.39 MCB 385.17 -7.06 MCBAH 24.00 0.00 MCBIM 155.54 -2.56 MDTL 7.64 0.89 MEBL 552.27 -0.53 MEHT 134.25 -0.77 MERIT 10.21 0.41 META 9.67 -0.83 MFFL 166.73 1.71 MFFLR1 9.01 0.06 MFL 38.16 -0.31 MIIETF 15.87 -0.22 MIRKS 30.71 -1.29 MIRKSR 8.67 0.12 MLCF 91.65 -1.86 MODAM 5.73 -0.09 MQTM 26.49 -1.25 MRNS 58.04 -1.81 MSCL 20.26 -1.69 MSOT 196.51 -2.94 MTL 302.28 0.28 MUGHAL 69.27 -2.74 MUGHALC 62.50 0.50 MUREB 902.25 -37.75 MWMP 71.19 7.19 MZNP-ETF 17.11 -0.23 NAGC 77.00 1.00 NATF 354.14 -3.86 NATM 79.85 7.95 NBP 177.35 -3.10 NBPG-ETF 26.20 -1.95 NCL 35.10 -0.50 NCML 16.34 0.54 NCPL 54.38 -0.73 NESTLE 7,508.75 148.63 NETSOL 118.27 -1.63 NEXT 14.24 -0.76 NICL 260.05 -4.95 NITG-ETF 33.00 0.05 NML 128.12 -4.58 NONS 78.76 -6.08 NPL 61.89 -1.11 NRL 532.38 2.94 NRSL 38.10 1.09 NSRM 220.36 -13.37 OBOY 16.70 -0.25 OBOYR2 0.64 -0.39 OCTOPUS 28.12 -0.48 OGDC 315.13 -4.37 OLPL 47.32 -0.78 OLPL 24.15 -0.45 OLPM 25.00 -0.70 OML 62.60 -0.40 ORIXM 16.29 0.29 ORM 10.32 0.20 OTSU 345.95 4.59 PABC 97.14 -7.26 PACE 9.92 -0.18 PAEL 35.04 -0.96 PAKD 117.13 -2.86 PAKL 53.76 -2.22 PAKMI 1.30 -0.01 PAKOXY 339.93 0.93 PAKQATAR 16.99 -0.66 PAKRI 15.42 -0.07 PAKT 1,319.28 -17.72 PASL 2.50 -0.14 PASL 0.75 0.00 PASM 8.35 -0.02 PCAL 145.04 -6.07 PECO 662.23 -1.77 PGLC 15.77 -0.48 PHDL 50.40 1.60 PIAA 22.17 0.17 PIAB 828.42 57.80 PIAHCLA 21.19 -0.50 PIAHCLB 16,696.00 0.00 PIBTL 14.81 -0.49 PICT 41.11 0.38 PIL 5.22 -0.30 PIM 55.56 -6.19 PINL 10.50 -0.35 PIOC 240.62 -4.39 PKGI 49.07 -3.93 PKGIR 1.36 -0.69 PKGP 35.00 -0.99 PKGS 726.97 -20.02 PMI 4.70 0.19 PMPK 1,431.85 121.85 PMRS 386.33 -2.07 PNSC 500.02 -4.98 POL 718.94 3.14 POML 153.27 0.77 POWER 21.15 -0.86 PPL 219.90 3.20 PPP 145.05 -9.45 PPVC 31.50 1.48 PQGTL 12.46 -0.27 PREMA 31.46 -1.24 PRET 530.07 -27.93 PRL 85.40 2.08 PRWM 63.51 2.51 PSEL 1,196.22 116.22 PSMC 609.00 0.00 PSO 340.19 -4.80 PSX 45.94 -1.11 PSYL 149.98 -9.92 PTC 64.23 -1.77 PTL 48.00 -0.01 QTECH 34.35 -2.56 QUET 14.46 0.25 QUICE 25.05 -1.24 RCML 400.22 -4.78 REDCO 29.09 -1.91 REWM 173.89 13.88 RICL 11.52 -0.48 RMPL 9,100.07 0.06 RPL 14.73 -0.46 RUBY 22.09 -0.66 RUPL 28.56 -0.44 SAIF 42.99 -3.00 SANE 8.07 -1.13 SANSM 119.61 0.71 SAPL 870.00 0.00 SAPT 1,443.26 -36.16 SARC 86.98 -2.50 SASML 344.55 -24.45 SAZEW 1,780.09 -37.91 SBL 13.01 -0.67 SCBPL 59.91 1.90 SCL 750.07 0.07 SEARL 78.08 -0.92 SEARLR2 0.15 -0.10 SEL 25.49 -0.96 SELECT 25.64 0.14 SEPL 149.98 -2.82 SERT 37.72 -0.17 SFL 1,032.13 -97.87 SGF 107.42 -1.67 SGPL 27.48 0.48 SGPL 33.89 -7.52 SGPLR 9.76 -1.21 SHCM 66.78 9.78 SHDT 52.84 -3.16 SHEL 185.01 -4.09 SHEZ 257.03 0.97 SHFA 443.39 -4.61 SHJS 140.76 13.25 SHNI 8.05 0.04 SHSML 354.76 -14.24 SIBL 7.48 0.43 SIEM 1,600.00 -45.00 SILK 1.15 -0.01 SINDM 26.98 -1.46 SITC 743.16 -3.84 SKRS 23.58 0.58 SLGL 13.38 -0.60 SLL 1.70 -0.44 SLM 22.57 -0.73 SLYT 18.28 -2.71 SMBL 2.17 -0.03 SMCPL 38.32 -1.52 SML 94.98 7.72 SMTM 11.90 -0.09 SNAI 36.54 2.88 SNBL 19.74 -0.16 SNGP 89.10 -2.90 SPAC1 14.80 -0.69 SPAC2 13.47 -0.51 SPEL 41.14 -0.41 SPEL 48.93 0.04 SPL 46.04 -4.86 SPLC 1.70 0.07 SPSL 15.18 0.26 SPWL 8.00 -0.30 SRR 16.62 0.22 SRVI 176.39 -1.61 SSGC 23.32 -0.28 SSML 18.89 -0.10 SSOM 414.29 -5.71 STCL 9.35 0.13 STJT 166.14 0.65 STL 23.44 -0.76 STLR 12.19 -0.33 STML 50.77 2.07 STPL 7.82 -0.24 STYLERS 47.85 0.85 STYLERSR 1.72 0.39 SUHJ 22.20 0.00 SURC 138.15 -4.35 SUTM 107.17 2.12 SWL 316.53 28.78 SYM 12.48 -0.10 SYS 121.32 -2.22 SZTM 84.05 -3.91 TATM 141.52 -6.38 TBL 8.79 -0.16 TCORP 19.64 -0.36 TCORP 19.31 -2.20 TCORPR1 0.79 -0.73 TELE 7.50 -0.20 TGL 163.55 -7.56 THALL 525.60 -16.93 THCCL 76.97 -0.97 TICL 1,000.01 -9.75 TISL 4.10 -0.05 TOMCL 31.57 -0.44 TOMCLR 3.81 1.00 TOWL 138.47 -2.84 TPL 22.66 0.26 TPLI 52.40 -5.60 TPLL 21.19 1.11 TPLP 12.73 0.24 TPLRF1 9.36 0.06 TPLT 32.52 0.52 TREET 21.07 -0.43 TREETR2 5.62 0.65 TRG 49.20 -0.80 TRIPF 131.15 4.59 TRSM 13.36 0.55 TSBL 2.46 -0.02 TSBLR1 0.18 -0.04 TSMF 15.41 -1.08 TSML 496.16 -48.73 TSPL 14.37 -0.13 UBDL 26.49 -1.00 UBL 414.07 -8.93 UBLP-ETF 28.01 -0.47 UCAPM 5.48 -0.12 UDLI 16.13 -0.42 UDPL 112.21 -4.69 UNIC 11.20 -0.50 UNITY 8.03 -0.15 UPFL 24,109.20 -590.78 UVIC 19.42 0.42 WAFI 156.08 -4.92 WAHDAT 14.96 0.19 WAHN 260.00 -5.00 WASL 5.85 -0.05 WASLR 0.79 0.15 WAVES 8.97 -0.21 WAVESAPP 8.30 -0.11 WAVESAPPR 0.06 -0.11 WHALE 8.01 -0.19 WTL 1.06 -0.03 WYETH 2,008.00 8.00 YOUW 4.60 -0.20 ZAHID 63.34 -2.62 ZAL 37.28 -0.72 ZIL 325.00 -5.41 ZTL 14.45 -1.30 ZUMA 22.19 0.19

Special Report: Steering next year’s economic ship

January 01, 2024

THE two historical events of 2023 — the breakout of the Israel-Palestian war and the spread of artificial intelligence — will continue to impact geopolitics and geoeconomics across all geographical regions throughout 2024. The post-May 9 change in Pakistan’s political landscape in 2023 and the post-Israel-Hamas adjustments in the country’s geopolitical stance may impact the February 8, 2024 elections. The outcome of the elections and the kind of democracy we may have to live with afterwards, plus the strength of the civil military-run Special Investment Facilitation Council (SIFC) established in 2023, will have a far-reaching impact on Pakistan’s economy in 2024 and beyond. The two most important areas to watch closely will be foreign trade and foreign investment and fiscal-monetary coordination. Although SIFC has been set up exclusively for attracting foreign investment, its defined scope of operations is so wide that steering foreign trade in the desirable direction — dramatic growth in exports at the lowest possible increase in imports — will remain largely dependent on SIFC’s workings. So, let’s see what happens.