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Market Impact: 0.35

Cement, Textile Stocks Biggest Winners From Pakistan Budget

Fiscal Policy & BudgetTax & TariffsEmerging MarketsCompany Fundamentals

Pakistan’s move to lower taxes on selected sectors such as cement and textiles should support related equities by improving after-tax profitability. The policy also signals an attempt to balance growth support with IMF compliance, making it a constructive but measured fiscal step. The impact is most relevant for domestic cyclical names rather than the broader market.

Analysis

Pakistan’s move to lower taxes on selected sectors such as cement and textiles should support related equities by improving after-tax profitability. The policy also signals an attempt to balance growth support with IMF compliance, making it a constructive but measured fiscal step. The impact is most relevant for domestic cyclical names rather than the broader market.

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