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Pakistan’s five sovereign Eurobonds are currently floating in the international market and the government is all set to issue a fresh one soon. It’s good to keep on issuing new bonds in the international market every now and then for better price discovery; but the officials should not be greedy.
Energy interdependence is not a new phenomenon. However, in South Asia it is still in nascent stages. A recent working paper by Asian Development Bank (ADB) presents the study on the economic rationale of electricity trading among South Asian countries, namely: Afghanistan, Bangladesh, Bhutan, India, Nepal, Pakistan and Sri Lanka.
Uncertainty is about the only certain thing right now in the global oil market. International crude oil prices having risen by 3 percent on Monday, dipped by almost the same magnitude the very next day. That said most analysts are of the view that fundamentally there is little room for oil price to go any lower, while excuses for a gradual rebound are plenty.
That Pakistan was able to achieve just a solitary target on nutrition is surely sad but definitely not shocking. The annual report on Global Nutrition puts Pakistan among twenty such countries ? and even the one target achieved appears in jeopardy. The report has come right before the United Nations member states? planning to adopt the Sustainable Development Goals (SDGs) later this month.
Pakistan's current account gap has managed to decrease by 73 percent (or about $1bn) in the two months ending August 2015. But that still isn%9 a moment for hurrah; its just that fate has played an easy hand.%D%AThanks to low oil prices in international market, where average Arab Light prices have dropped by an estimated 16 percent month-on-month in August 2015 alone, the 2MFY16 imports were down by 17 percent. Thats a saving about of $1.3 billion.
In the past couple of years, Dera Ghazi Khan Cement has successively invested into various companies. This trend continued in FY15 as the company acquired a stake of 55.1 percent, in Nishat Dairy. DGKC also raised its stake in Nishat Paper Products Company; from 50 percent to 55 percent.
For the fiscal year 2015, Ibrahim Fibres financials appear quite troubling; the company's top line fell by 22 percent year-on-year, while the bottom line was lower by 8 percent. Gross profits declined by an astounding 37 percent year-on-year, and the already-constricted gross margins took another hit to clock in at 2.2 percent.


Index Closing Chg%
Arrow DJIA 17,050.75 0.82
Arrow Nasdaq 4,810.79 0.41
Arrow S&P 2,013.43 0.88
Arrow FTSE 6,374.82 0.61
Arrow DAX 9,993.07 0.23
Arrow CAC-40 4,675.91 0.18
Arrow Nikkei 18,141.17 0.99
Arrow H.Seng 22,354.91 0.71
Arrow Sensex 26,845.81 0.70

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Banking Review 2014

Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-1.988 bln
Exports $1.835 bln
Imports $3.823 bln
WeeklyOctober 08, 2015
Reserves $20.05 bln