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Chartered accountancy remains one of the more sought after professions for Pakistani college students. This is despite the visible plight of CA students who are (or once were) unable to clear their modular exams for years, despite multiple attempts.
Some expected bloodbath on the streets of Islamabad yesterday as the Long March gained strength, but luckily, it wasn to be. The bloodbath was rather witnessed at the Karachi Stock Exchange, which saw its benchmark KSE-100 index fall by a massive 525 points, soon after the Prime Ministers arrest order news broke.
Had you invested in wheat or flour in the past year instead of gold, your investment would have grown numerous folds by now, rightly depicted by a comical illustration in a local newspaper.
Gold has always been especially golden for people in India and Pakistan. But the former, with its population of more than one billion people has a very strong influence of its gold addiction on the global gold market and also on its own national economy.
The precious metal has again gotten the needed boost from all corners of the world. After an erratic spell that lasted as long as the moot over the fiscal cliff, gold prices stabilized a tad once the last-minute deal on the fiscal cliff was reached.
It appears that the continuing economic uncertainties in the Eurozone and the fragile recovery in the US are going to make 2013 another low-key year as far as worldwide spending on IT hardware, software and services is concerned.
Notwithstanding the challenges emanating from soaring fuel prices and fragile global economic landscape, the international air travel burgeoned well in November, as revealed by IATA Air Transport Market Analysis. This is the second month of increase, after a period of continued decline since late 2011.


Index Closing Chg%
Arrow DJIA 17,778.15 2.43
Arrow Nasdaq 4,748.40 2.24
Arrow S&P 2,061.23 2.40
Arrow FTSE 6,466.00 2.04
Arrow DAX 9,811.06 2.79
Arrow CAC-40 4,249.49 3.35
Arrow Nikkei 17,210.05 2.32
Arrow H.Seng 22,832.21 1.09
Arrow Sensex 27,126.57 1.56

ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.309 bln
Exports $1.957 bln
Imports $4.266 bln
WeeklyDecember 18, 2014
Reserves $14.04 bln