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In the recent result season almost all the FMCGs have shown healthy top line growth. Same is the case for National Foods.
PTCL, the telecom giant of Pakistan, is a company in transition. If the preceding five years were the years of transforming the formerly state-run organisation from within, the coming years would have been dubbed by the management as years of consolidation and diversification of revenue streams.
Corporate results are pouring in. Largely in line with market expectations, United Bank Ltd (UBL), the countrys third largest commercial bank, managed to record outstanding growth in its bottom line in CY11 compared to the last year.
FY12 commenced on a good note for local car manufacturers, as from the very start a strong demand for cars is being seen, primarily due to the reduction in levies like GST and SED. The spike in demand stayed throughout 1HFY12, and local car makers were able to sell 72,000 cars in the period, 21 percent higher than the same period in the corresponding year.
Capitalising on its low cost deposit base amid a considerable growth in its investment portfolio, MCB Bank Ltd., the countrys fourth largest commercial bank, has witnessed 15 percent jump in its profits in CY11 compared to the year before.
Finally, it appears that the time to rejoice is not far off for the taxpaying tobacco industry as FBR has taken a step, which is being anticipated to offer some respite in the threat from the illicit sector.
What can one say about the misfortune of Pakistani children!? Despite living in an agrarian economy, only 4 percent of the children aged 6-23 months receive the minimum acceptable diet, according to the Save the Children organisation.


Index Closing Chg%
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Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
Trade Balance $-1.433 bln
Exports $2.167 bln
Imports $3.600 bln
WeeklyApril 14, 2014
Reserves $9.713 bln