Every Pakistani owes over Rs 101,338 in debt Govt should raise capacity to monitor and manage public debt The debt market is a market for trading the debt instruments like TFCs, Bonds, T-Bills, Commercial Papers, Participation Term Certificate, Corporate and Federal Bonds etc. A debt market establishes a structured environment where these types of debt can be traded with comfort between interested parties. The debt market is also known …
Read More »Islamic bond market whimpering over the dearth of investment avenues
While investors have been increasingly fishing for Shariah-compliant investment options, conventional banks and asset management companies, in order to cater to the growing demand for Islamic products, were seen jumping into bandwagon. Ijarah Sukuks are Shariah-compliant medium term investment instruments with 6-monthly (floating) profit payments guaranteed by the Government of Pakistan (GoP). SBP announces profits for Sukuk every 6 months. Facilities of further investment and premature encashment through reselling …
Read More »Use cellular of technology for banking transactions
Pakistan is the most vibrant market for sale and purchase of mobile connections and cellular phones. The industry is regarded to be the best in Asia in terms of sales. Major cellular companies have eyed Pakistan for increase in sales in double digits; part of the reason being population of 180 million people which creates an automatic demand. In recent times, high demand is witnessed for purchase of mobile …
Read More »E-commerce to bring price stability in the market
Denies role of distributors and retailers The e-commerce is opening new directions and horizon of trade in Pakistan, despite its late arrival in the country yet it has become a burgeoning sector and on the back of rapid growth the experts predict the size of this market is likely to go up from $30 million (spent on online purchases) to $600 million by 2017. It will be interesting to …
Read More »Pakistan retains third spot among top ten stock market performers
Pakistan Stock Market (KSE-100) 1990-2015 decreased to 35147.13 Index points in July 9, 2015 from 35,328.83 Index points in the previous trading day. Stock market in Pakistan averaged 7691.91 Index points from 1990 until 2015, reaching an all-time high of 35,537.69 Index points in July of 2015 and a record low of 538.89 Index points in June of 1990. Below is the latest graph showing impressive growth in the …
Read More »Islamic finance on a rise?
A $2 trillion plus industry, Islamic finance is said to have progressed in leaps and bounds – a staggering average growth of 17.6% during 2009-13 and a further growth forecast at an augmented rate of 19.7% through 2018. While 80% of the finance remains deployed in non-interest-based, conventional banking transactions carried out through Islamic banks or Islamic windows of traditional banking units, 15% is taken up by Islamic bond …
Read More »Reviewing performance of Pakistan market
Reviewing the performance of Pakistan’s stock market may look a little appointing for some analysts but many analysts term this a correction and opportunity to the investors to rebalance their portfolio. A point of concern is substantial out flow of funds. However, this can be termed a short-lived phenomenon, if the incumbent government succeeds in overcoming some of the most contentious issue that include: 1) electricity and gas outages …
Read More »Focusing on halal food
Focusing on production of Halal Products does not pose any problem because of a huge domestic market of nearly 200 million people. The country is a member of the Organization of Islamic Cooperation (OIC) and Islamic Federation; it is the world’s fourth largest Rice producer; fifth largest Dairy producer; fourth largest Wheat producer and fifth largest supplier of Cattle. There are approximately 50 Halal certified companies exporting their produce …
Read More »Smart home appliances market set to witness a significant growth in coming years
BSH joins bandwagon and targeting to become No.1 home appliances supplier in Pakistan Seeing the huge potential of home appliances industry in Pakistan, more and more foreign brands and companies are investing here to capture the local consumer market. After the influx of Chinese companies like Changhong Ruba, BSH Hausgeräte GmbH, a 100-percent subsidiary of Robert Bosch GmbH Germany will also be soon launching Bosch home appliance products in …
Read More »The rhythm of the markets
Profile Lukman Otunuga is a research analyst at FXTM. A keen follower of macroeconomic events, with a strong professional and academic background in finance, Lukman is well versed in the various factors affecting the currency markets. Prior to joining FXTM, Lukman spent two years as a research analyst with international currency broker FXCM, where he focused on technical and fundamental analysis of the global currency, commodity and stock markets. …
Read More »