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  February 27, 2008 

Statistics
KSE 100 Index
Previous. Index
14,947.54
Current Index
15056.27
Change %
0.72%
YTD ( DEC ' 07)
6.9%

International Indicates
 
Close
Percentage
BSE
17,806.19
0.88%
HANGSENG
23,714.75
1.90%
NIKKEI 255
13,824.72
0.60%
FTSE
6,087.40
1.50%
DJI
12,684.92
0.91%
TSX
1,381.29
0.69%
KLSE
1,375.43
0.33%

S.C.R.A
25-02-2008
12.9
February
152
YTD (July-Date)
91

Money Market Updates
Tbill Cut-off
 
1 year
9.9779%
6 month
9.7269%
KIBOR ( 6 months)
10.26%
PIB (10 years)
10.85%

Exchange Rates
Rs/US
62.48
RS/UK
122.28
RS/EURO
92.225
RS/OMAN RIYAL
163.3785

commodities
Oil
$101.06/barrel
Oil Change in %
2.22%
Gold
$956.50/ounce
Gold Change in %
2.37%

Inflation
CPI (YOY)
11.9%
CPI (July-Jan)
8.6%
CORE INFTN (YOY)
7.8%
CORE INFTN (July-Jan)
6.5%

Economic Indicators
$US (Billion)
14.08
GDP Growth FY 07
7%
Per Capita Income
$925
Population
162.61mn
Trade Deficit
$(10.33) bn
Curr. A/C (Jul'07-Jan'08)
$(7.5 ) bn
Remittances
$3.62 bn
Foreign Investment
$2.26 bn

Economy

US urged to bolster Pakistan's economic aid, trade access
Seeing Pakistan's parliamentary poll as an historic step towards democratic progress, top South Asian experts have urged the United States to bolster economic aid as well as trade access for the country more... (BR)

Qatar Group annuls $225 million cement plant project
Qatar Group of Company has annulled $225 million project for setting up cement plant near Dhabeji, due to delay in legal documentation process by the more... (BR)

Stocks close above 15,000 points for the first time
The KSE-100 index closed at its highest level of 15,056.12 points with a net gain of 108.58 points on the back of strong interest of retail and foreign investors due to more... (BR)


Asif to host ‘show of strength’ party today
The first show of strength by three major parties -- Pakistan People’s Party, Pakistan Muslim League-N and Awami National Party which emerged victorious in the Feb 18 more... (D)

Parties forming new govt given breather: APDM ‘judges day’ on March 9
The All Parties Democratic Alliance (APDM) demanded that President Pervez Musharraf should resign because his policies as well as his political allies were rejected by the people in the Feb 18 elections more... (D)

Clues found to Pindi suicide attack, claims ministry
A number of people suspected to have links with Monday’s suicide blast in Rawalpindi that killed the army’s surgeon-general and seven other people, have been arrested more... (D)

sector Briefing

DG Khan Cement profit declines
The after-tax profit of DG Khan Cement declined to Rs 329.661 million in the half-year period ended on December 31, 2007 as compared to Rs 854.556 million more... (BR)

143 percent rise in cotton imports
After failing to achieve the fiscal target of production, millers and traders are importing huge quantity of cotton, as a result of which its import has raised by 143 percent more... (BR)

Acquisitions, mergers picking up momentum
Corporate mergers and acquisitions (M&A) are picking up pace. People watching the moves suspect that combining assets in the financial sector has been more... (D)

(D): Dawn (BR): Business Recorder
seprator
Research Team:
Ali Khizar Aslam
Department Head

Erum Zehra
Product Analyst 
Zhoaib Kabani
Technical Analyst
Murshed Ali Qureshi
Analyst
Ayub Khuhro
Analyst
Seprator
Disclaimer:
This news update is being circulated for information purposes only and no action is being solicited based on it. Information and calculations presented in this news update have been generated from sources which we believe to be reliable, however we do not represent that it is accurate, complete and should be relied upon.  Pak Oman Asset Management Company Ltd. does not assume any liability on it. This news update or any part of it should not be reproduced, published or distributed without prior permission.