Web Desk
Karachi, January 02, 2018 (PPI-OT): Cement: Domestic dispatch growth expected at 2% YoY in Dec-2017 We expect total cement sales for Dec-2017 to clock in at 3.5mn tons, up just 0.4% YoY. Exports are likely to continue its downward trajectory (down 14% YoY), while domestic dispatches are expected to grow by 2% YoY. Region wise…
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Karachi, January 02, 2018 (PPI-OT): Inflation – Food inflation spikes; Non-food prices continue to lead As per the latest data published by Pakistan Bureau of Statistics (PBS), Dec-17 headline inflation clocked in at +4.57%YoY (down 0.10%MoM) compared to +3.70%YoY (down 0.68%MoM) in the same period last year The non-food basket (up +5.1%YoY in Dec-17) has…
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Karachi, January 02, 2018 (PPI-OT):KSE-100; Upside target remains intact at 41,046 Positive movement continued for the KSE-100 index as it closed at 40,711, up 240 points. Volumes stood at 118mn shares versus 241mn shares traded previously. The upside target for the index remains intact at 41,046, with a chance of later extending towards 41,611. However,…
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Karachi, January 02, 2018 (PPI-OT): Top News Pakistan Petroleum Limited (PPL) announced on Monday that the federal government allowed thecompany to continue production from Sui mining lease for another six months with effect fromDecember 1, 2017.https://www.thenews.com.pk/print/263212-ppl-gets-another-extensionin-sui-mining-lease
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Karachi, January 02, 2018 (PPI-OT): Top News The country’s circular debt has reached Rs 525 billion due to highly mismanaged power sector after toppositions of public sector’s power companies have been occupied by Power Ministry’s officials, well-informed sources told Business Recorder. The circular debt piled up again after the government clearedRs 480 billion soon after…
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Karachi, January 02, 2018 (PPI-OT): Top News The consumer price index (CPI) on year-on-year basis during December 2017 witnessed an increase of4.57 percent as compared to the same month of the previousyear, an official said on Monday. https://www.thenews.com.pk/print/263199-cpi-inflation-up-4-57-percent-in-december-2017
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Karachi, January 02, 2018 (PPI-OT): Top News The State Bank of Pakistan (SBP) has restricted cash US dollar import by Exchange Companies (ECs) at 35percent of total export of permissible foreign currencies in amonth.https://fp.brecorder.com/2018/01/20180102332049/
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