Just in:  

You are here: Home»BR Research»All

BR Research: All


The malaise surrounding our textile industry just won end. To throw some fuel on the fire, China plans to release some 4.6 million bales out of its own reserves this year. This is bad news, considering the importance of the Chinese market to our cotton industry.
"We want to build refreshment centers instead of just gas stations" said managing director of Shell Pakistan, Omar Sheikh as he proudly unveiled the company's latest offering; the "new-generation lube bays", on Wednesday.
The government has remained haphazard on power policies but it is crystal clear on the premise that the best bet to win the next elections, is to add adequate supply of power in the system, before 2018. The biggest reason for PPP’s loss in the 2013 elections was that they failed to resolve the power crisis. The PMLN doesn’t want to make the same mistake.
The country’s cement sector is abuzz with expansion announcements, mergers and acquisitions. Within the past few months, three manufacturers have announced expansion plans. Last week, Attock Cement (ACPL) revealed it will expand capacity by 1.1 million tons at a cost of $120 million.
Pakistan just got another inch closer to see Thar coal becoming a reality. The potential has long been known, but it has also long been doubted that the project would ever see the light of the day. The stakeholders met to celebrate the arrangement of $500 million debt for the coal mining and power project. The public private venture has the Sindh Government as the major stakeholder.
FY15 was a year against all hopes for foreign Direct Investment where the net foreign inflows were at their nadir. Energy crisis, security situation, political unrest were proclaimed to be the key factors for the miniscule investment in the country, and the free fall of yearly investment certainly did not set a hale and hearty stage for FY16.
The euphoria amidst selected improved macros has started boosting consumption. But production just hasn gathered pace at all. The retailers are having bonanza while the manufacturers are finding it hard to stay competitive. This is not at all a good omen for an economy struggling to find growth momentum and searching for avenues to create sustainable foreign exchange surpluses.


Index Closing Chg%
Arrow DJIA 16,654.77 2.27
Arrow Nasdaq 4,812.71 2.45
Arrow S&P 1,987.66 2.43
Arrow FTSE 6,192.03 3.56
Arrow DAX 10,315.62 3.18
Arrow CAC-40 4,658.18 3.49
Arrow Nikkei 18,574.44 1.08
Arrow H.Seng 21,838.54 3.60
Arrow Sensex 26,231.19 2.01

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 $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyAugust 27, 2015
Reserves $18.509 bln