Just in:  

You are here: Home»BR Research»Miscellaneous

BR Research: Miscellaneous


Fertilizer numbers for August 2015 are out, but a lot has happened since then. Even then, there is a perspective to those numbers as the increase in feedstock gas price was widely anticipated back in August. It indeed comes as a surprise that urea sales failed to live up to expectations. The widely anticipated urea price increase should have resulted in pre-season bulk buying, which did not happen.
Benefiting from soft food and fuel prices, consumer prices inflation (CPI) in Pakistan continued its southward journey in September 2015. The CPI stood 1.3 percent year-on-year as against market expectations of 1.5-1.7 percent.
On the surface, things could hardly get any better for the country's cement manufacturers. The recently concluded fiscal saw margin expansion across the industry as international prices of key inputs such as coal fell significantly. Domestic demand grew by a solid eight percent; so the double-digit slippage in exports flew under the radar.
On Tuesday's trading session, the KSE-100 fell to its 19-week low, with the benchmark index shedding 475 points to close at 32,214. Historically, August has been considered a month of profit-taking and falling stock prices. This time though, losses in September were much higher.%D%AThe KSE-100 index eased by 7 percent in September, compared to 3 percent in August. Courtesy of gains in July, the index finished a less-severe 6.1 percent in the red for the quarter.
Gone are the days when investors in the countrys capital markets had to contend with the same old lot of listed companies. In recent years, there has been a spate of new listings which have re-invigorated investors interest. The upcoming initial public offering (IPO) of Amreli Steel shall be the eighth new listing for the year and the hype suggests it will be another milestone for domestic equity markets.
There is no doubt that Pakistans import bill for the two months ending August 2016 has dropped by 9.3 percent year-on-year. But much of that decline is led by the softening of global commodity prices even as the quantities purchased rose noticeably in some of the major import items for which data is available.
Export numbers for August reveal that our sugar exports have dropped to zero - according to PBS data, not a single ton of sugar was exported during the month. The reason is simple; the permission given to mills to export the surplus (along with the subsidy being given) expired in July, effectively resulting in a ban.
  • «
  •  Start 
  •  Prev 
  •  1 
  •  2 
  •  3 
  •  4 
  •  5 
  •  6 
  •  7 
  •  8 
  •  9 
  •  10 
  •  Next 
  •  End 
  • »


Index Closing Chg%
Arrow DJIA 16,472.37 1.23
Arrow Nasdaq 4,707.77 1.74
Arrow S&P 1,951.36 1.43
Arrow FTSE 6,129.98 0.95
Arrow DAX 9,553.07 0.46
Arrow CAC-40 4,458.88 0.73
Arrow Nikkei 17,725.13 0.02
Arrow H.Seng 21,506.09 3.17
Arrow Sensex 26,220.95 0.25

New 2015 adidas and Nike Soccer Cleats at Kicks Corner uk

Banking Review 2014

Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-1.998 bln
Exports $1.835 bln
Imports $3.823 bln
WeeklySeptember 21, 2015
Reserves $18.726 bln