• As the chart below shows, both new cases and the death rates have peaked globally. The increase in new cases in the US yesterday was 4.4%% (at the peak it was more than 30%). In Western Europe ex Italy, the growth of new cases is only 2.3%. Australia seems to have almost controlled its… Continue reading KASB Ray of Hope: Planning for opening up
Author: Anum Qudsia Siddiqui
Daily News:14th April 2020
Good Morning The State Bank of Pakistan (SBP) on Monday announced the auction for three-year Government of Pakistan (GoP) Ijara Sukuk to raise some Rs 225 billion in the next three months for the federal government. The World Bank has forecast that if the novel coronavirus (COVID-19) lasts longer than expected, Pakistan’s exports could plunge… Continue reading Daily News:14th April 2020
Nasir Ali Shah Bukhari Speaking in The Review Talk Show
Automobile sales witnesses a large decline amid lockdown
The Automobile sales for March 2020 have recently come out. As expected, there is a Year on Year fall of 50%, 59% and 78% seen in Indus Motors, Honda Car and Pak Suzuki Motors, respectively. Similarly, we have seen a 67% and 33% decline in the sales of Tractors for Al Ghazi Tractors and Millat… Continue reading Automobile sales witnesses a large decline amid lockdown
OPEC+ reach a deal; our view does not deem it enough
▪The Organization of Petroleum Exporting Countries (OPEC) and non-OPEC countries,such as Russia, reached a deal on Sunday, with participants agreeing on cutting overallproduction by 9.7 MN BPDs (amounting to ~10% of global supply) up till Jun’20. Thiseffectively brought the price war between Russia and Saudi Arabia to a halt. ▪ Timeline of the talks: The… Continue reading OPEC+ reach a deal; our view does not deem it enough
Daily News:13th April 2020
Good MorningThe weekly inflation during week-ended April 9 against March 26-April 2, 2020 on Week-on-Week (WoW) basis witnessed a reduction of 0.44 percent for combine income group from 125.52 points to 124.97 points, the Pakistan Bureau of Statistic (PBS) revealed. Workers’ remittances increased six percent to $16.9 billion in the first nine months of the… Continue reading Daily News:13th April 2020
Capital market insights with Nasir Ali Shah Bukhari
The KASB Group has been at the forefront of institutional brokerage in Pakistan – with a history dating back to partition of the subcontinent.As one of the oldest capital markets businesses, the Group has been directly responsible for bringing in more than $10bn of global capital into the country.VCast sat down with Nasir Ali Shah… Continue reading Capital market insights with Nasir Ali Shah Bukhari
KASB COVID-19 UPDATE: Don’t eat dogs
China is planning to classify dogs as “pets” in order to avoid people eating them. They are also considering measures to discourage eating of other wild- life. In a way this new policy contradicts the conspiracy theory that the virus was developed in a lab in Virginia. Nevertheless, I do think that crisis will accelerate… Continue reading KASB COVID-19 UPDATE: Don’t eat dogs
Key Legal Issues from COVID19 Driven Economic Disruption
Daily News:10th April 2020
Good Morning The foreign exchange reserves held by the central bank decreased 4.14% on a weekly basis, according to data released by the State Bank of Pakistan (SBP) on Thursday. On April 3, the foreign currency reserves held by the SBP were recorded at $10,722.5 million, down $463 million compared with $11,185.6 million in the… Continue reading Daily News:10th April 2020
