April 29, 2019 (MLN): The Government of Pakistan has announced a public holiday on Wednesday, May 1, 2019, on account of ‘Labour Day’.
The State Bank of Pakistan and the Pakistan Stock Exchange will thereby remain closed that day.
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| Weekly Performance | ||
|---|---|---|
| Jan 15, 2021 | Jan 08, 2021 | |
| PKR InterBank | 160.3320 | 160.1715 |
| KSE100 Index | 45,931.00 | 45,654.34 |
| Avg Daily Volume | 682,133,634 | 625,039,486 |
| Gold (Karachi) Rs/10 gm | 96,794 | 98,251 |
| KIBOR 6M | 7.36 | 7.36 |
| 10Y PIB | 10.20 | 10.01 |
| EUR | 1.2075 | 1.2217 |
| GBP | 1.3581 | 1.3566 |
| CHF | 0.8912 | 0.8853 |
| JPY | 103.79 | 103.866 |
| GOLD | 1827.5 | 1848.5 |
| NY Light Crude | 52.36 | 52.73 |
| Open Market Rates | ||
| Jan 15, 2021 | Jan 08, 2021 | |
| USD | 160.50 | 160.70 |
| EUR | 193.96 | 196.55 |
| GBP | 218.18 | 218.22 |
| JPY | 1.5474 | 1.5473 |
| AED | 43.74 | 43.79 |
| SAR | 42.86 | 42.91 |
| SBP Data | ||
| T-Bill Auction Cutoff Yield | Jan 13, 2021 | Dec 30, 2020 |
| 3M | 7.1691 | 7.1498 |
| 6M | 7.2002 | 7.2000 |
| 12M | Bids Rejected | 7.2900 |
| PIB Auction Cutoff Yield | Jan 06, 2021 | Dec 09, 2020 |
| 3Y | 8.4999 | 8.2400 |
| 5Y | 9.5298 | Bids Rejected |
| 10Y | 9.9900 | Bids Rejected |
| 15Y | Bids Rejected | 10.0000 |
| 20Y | Bids Rejected | 10.5800 |
| Interest Rate Corridor | Jun 26, 2020 | May 18, 2020 |
| SBP Policy Rate | 7.00 | 8.00 |
| SBP Reverse Repo Rate | 8.00 | 9.00 |
| SBP Repo Rate | 6.00 | 7.00 |
| Weekly Indicators | ||
| Jan 08, 2021 | Dec 31, 2020 | |
| SBP FX Reserves * | 13,400.00 | 13,412.30 |
| Bank FX Reseves * | 7,119.00 | 7,099.80 |
| Total FX Reserves * | 20,519.00 | 20,512.10 |
| Jan 14, 2021 | Jan 07, 2021 | |
| SPI (Combined Group) ** | 139.70 | 140.01 |
| Change - WoW (pct) | -0.22 | 0.06 |
| Change - YOY (pct) | 5.77 | 5.81 |
| Monthly Indicators | ||
| December | November | |
| Consumer Price Index (Base 2015-16) | 140.86 | 141.83 |
| Change - MOM (pct) | -0.68 | 0.82 |
| Change - YOY (pct) | 7.98 | 8.35 |
| WholeSale Price Index (Base 2015-16) | 149.79 | 149.28 |
| Change - MOM (pct) | 0.34 | -0.94 |
| Change - YOY (pct) | 5.67 | 5.00 |
| Sensitive Price Indicator (Base 2015-16) | 140.68 | 142.56 |
| Change - MOM (pct) | -1.32 | 1.47 |
| Change - YOY (pct) | 7.92 | 7.98 |
| December | November | |
| Exports * | 2,352.00 | 2,174.00 |
| Imports * | 5,035.00 | 4,311.00 |
| Trade Balance * | -2,683.00 | -2,137.00 |
| December | November | |
| Home Remittances * | 2,436.97 | 2,338.64 |
| November | October | |
| Total Foreign Investment * | -36.25 | 36.63 |
| November | October | |
| Current Account Balance * | 447.00 | 415.00 |
| FY21 | 1,640.00 | 1,193.00 |
| FY20 | -1,745.00 | -1,419.00 |
| November | October | |
| Large Scale Manufacturing Index | 147.32 | 145.36 |
| Change - MOM (pct) | 1.35 | 4.65 |
| Change - YOY (pct) | 14.45 | 7.38 |
| Quarterly Indicators | ||
| Sep 30, 2020 | Jun 30, 2020 | |
| Pakistan's External Debt * | 113,803.35 | 112,858.18 |
| Annual Indicators | ||
| FY20 | FY19 | |
| GDP Growth Rate | -0.38 | 1.91 |
| Agriculture | 2.67 | 0.58 |
| Manufacturing | -0.27 | 5.43 |
| Commodity Sector | -0.05 | -0.90 |
| Services Sector | -0.59 | 3.75 |
| Trade Balance * (July - June) | -23,183.00 | -31,805.00 |
| Worker Remittances * (July - June) | 23,120.97 | 21,739.40 |
| Foreign Investment * (July - June) | 2,038.21 | -54.80 |
| Annual Inflation Rate % (July - June) | 10.74 | 6.80 |
| * Amount in USD Million | ||
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January 17, 2021 (MLN): The financial highlights of the country are brought to light with the economic and financial data releases over the course of the week.
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January 15, 2021 (MLN): The exports of Chemical and Pharmaceutical Products witnessed an increase of 17.92% YoY and a decline of 30.43% MoM to value at USD 89.974 million during the month of December 2020.
The Chemical and Pharma products exported from Pakistan mainly include Plastic Materials, Pharmaceutical products and other Chemicals.
The major chunk of exports under Chemical and Pharma sector during the month was mainly from the Pharmaceutical products which contributed a total of 27.45% of the entire group exports. Total Pharma goods exported during the month under review clocked in at USD 24.7 million, showing a growth of 26.53% YoY and 1% MoM.
The second major component of exports under the Chemical and Pharma Group was Plastic Materials which contributed a total of 20% of the entire group earnings. Total Plastic Materials exported during the month recorded at USD 18 million, marking a significant decline of 39.5% YoY and 72.37% MoM.
On a cumulative basis, the exports of Plastic Material and Pharma products during 1HFY21 jumped by 7.86% YoY and 23.62% YoY to USD 164.43 million and USD 138.75 million as opposed to USD 152.45 million and USD 112.238 million recorded in 1HFY20 respectively.
Meanwhile, the exports of Surgical goods and Medical instruments during the month of December 2020 surged by around 10.33% YoY and dropped by 8% MoM to USD 35.62 million, compared to USD 38.73 million in the previous month and USD 32.28 million in December 2019.
Cumulatively, Surgical goods and medical instruments' export during 6MFY21 witnessed a minor increase of 3% YoY from USD 206.87 million recorded in Jul-Dec FY20 to USD 213.3 million, the latest data released by Pakistan Bureau of Statistic (PBS) showed.
On the import side, the imports of Medicinal products jumped to USD 99.87 million in December 2020 when compared with the import during December 2019 (USD 87.68 million), and November 2020 (USD 78.579 million), thus showing a growth of 13.9% YoY and 27% MoM respectively.
Furthermore, during 6MFY21, the imports of Medicinal products rose by 4.5% YoY to USD 538.94 million from USD 515.42 million reported in Jul-Dec FY20.
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January 15, 2021 (MLN): In the domestic bullion market, the price of 24 Karat gold on Friday remained unchanged and was traded at Rs 112,900 per tola.
According to the data provided by the All Sindh Saraf Jewellers Association, the price of 10-gram gold also remained stationary at Rs 112,900.
On a similar note, the price of 24 karat silver tola and 10-gram silver tola remained static at Rs 1,300 and Rs 1,114.54, respectively.
In global markets, the gold prices reached US $1,847 per ounce, up by US$ 8, while silver was valued at US $25.30 an ounce.
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January 15, 2021 (MLN): The import bill of the Machinery group increased by 18.16% MoM and 1.76% YoY to clock in at $867 million in the month of December 2020.
According to the data issued by the Pakistan Bureau of Statistics (PBS), the major portion of import was associated with Telecom in terms of value, showing an increase of 59% MoM and 26.32% YoY to stand at $258 million during Dec’20. This was followed by the imports of Power Generating Machinery which were recorded at $152 million, up by 49% YoY, Electrical Machinery & Apparatus with $126 million in Dec’20.
The imports of Mobile Phones under the head of Telecom witnessed a considerable 82.5% YoY and 29.28% MoM increase to $214 million during the month under review.
During July-Dec FY21, the imports of the machinery group fell by 4.34% YoY to $4.24 billion. The biggest contributor to the import bill, in terms of value, is Telecom, which showed a significant surge of 36.8% to $1.15 billion. Within Telecom, the imports of Mobile Phones jumped significantly by 52% YoY to $938 million during 1HFY21.
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