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Starts are aligning for DG. With investments planned other than its own plant expansion, DG Khan Cement (KSE: DGKC) has managed to pull off a decent year, posting 12 percent increase in net earnings, along with a cash dividend of Rs3.5 per share.
It is not just the yellow gold thats in vogue these days; its the white gold as well. According to figures released by the Pakistan Cotton Ginners Association (PCGA), between July 1 and September 1, 2014, cotton arrival to the factories increased by 2.1 percent to over 1.76 million bales compared to same period of last year.
The first half this calendar year remained mishmash for top companies in the non-life insurance sector.
Are protests the new fad? The lawyers’ movement wanting top judiciary’s restoration; doctors and mid- to low-level government servants on strike for pay raise; and civil society protesting against general socio-economic injustice. There is no debate on the point that the brains behind recent protests in the heart of Islamabad wanted to give vent to the public’s pent-up agitation concerning deep injustices.
Much in line with the Group’s apparent policy to list assets, Engro Corp’s power generation business is all set to list Engro Powergen Qadirpur Limited. And it wouldn’t be wrong to say that realising Engro Corp’s value could be a motive behind the Initial Public Offering (IPO).
After a poor show in July, FDI has rebounded in August. As per SBP’s latest data, last month, the net FDI-–gross inflows minus outflows-–went up 227 percent on a year-on-year basis. The August tally is still a paltry $63.1 million, but the massive improvement compared to July, when net FDI had gone down 80 percent, could be seen as a slight reprieve.
Governance is one key issue raised in the ongoing political and social instability. And for a country like Pakistan, social and political unrest indeed perpetuate the vulnerability of poor. Institute for Policy Reforms Pakistan, an independent and non-partisan think tank’s recent report is aptly timed as it reveals how poor governance has taken its toll on the state, society and democracy.


Index Closing Chg%
Arrow DJIA 16,399.67 0.12
Arrow Nasdaq 4,316.07 1.35
Arrow S&P 1,904.01 0.91
Arrow FTSE 6,267.07 0.68
Arrow DAX 8,717.76 1.50
Arrow CAC-40 3,991.24 1.04
Arrow Nikkei 15,111.23 3.98
Arrow H.Seng 23,070.26 0.20
Arrow Sensex 26,429.85 1.23

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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklyOctober 20, 2014
Reserves $13.436 bln