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  March 03, 2008 

Statistics
KSE 100 Index
Previous. Index
15,079.71
Current Index
14,934.30
Change %
0.31%
YTD ( CY' 07)
8.4%
YTD ( FY' 07)
6.08%

International Indicates
 
Close
Percentage
BSE
17,578.72
(1.38)%
HANGSENG
24,331.67
(1.06)%
NIKKEI 255
13,603.02
(2.32)%
FTSE
5,884.30
(1.36)%
DJI
12,266.39
(2.51)%
TSX
13,582.69
(2.0)%
KLSE
1,357.40
(0.80)%

S.C.R.A
29-02-2008
(3.6)
February
155
YTD (July-Date)
93.4

Money Market Updates
Tbill Cut-off
 
1 year
10.385%
6 month
9.8024%
KIBOR ( 6 months)
10.26%
PIB (10 years)
10.85%

Exchange Rates
Rs/US
62.57
RS/UK
124.499
RS/EURO
94.9
RS/OMAN RIYAL
163.068

commodities
Oil
$101.81/barrel
Oil Change in %
(0.75)%
Gold
$983.40/ounce
Gold Change in %
0.97%

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

Economic Indicators
$US Reserves (Billion)
14.14
GDP Growth FY 07
7%
Per Capita Income
$925
Population
162.65mn
Trade Deficit
$(10.33) bn
Curr. A/C (Jul'07-Jan'08)
$(7.5 ) bn
Remittances
$3.62 bn
Foreign Investment
$2.26 bn
Bank Deposits (Jan, 19,08)
3,555 bn

Economy

Deposits of scheduled banks higher by Rs5.58 billion
The State Bank of Pakistan sold Rs6.29 billion worth of 6 month treasury bills at 9.8024 per cent, (against 9.7269 per cent at the previous auction), Rs25.69 more... (D)

Safta to be made more effective for economic co-operation
President Saarc Chamber of Commerce and Industry Tariq Sayeed Sunday said that Safta (South Asian Free Trade Agreement) would be made more effective to revive more... (BR)

Annual Sindh government debt servicing swells to Rs 1.5 billion
The Sindh Government is paying around Rs 1.5 billion per year as loan interest to the international financial institutions on the debts received more... (BR)


Nawaz accuses Musharraf of trying to thwart coalition
Former premier Nawaz Sharif has accused President Pervez Musharraf of trying to "drive a wedge" between his PML-N and the PPP in a bid to thwart the more... (BR)

'My statement not a policy statement': US terms minister's claims 'untrue'
Interior Minister Lieutenant-General Hamid Nawaz (retd) said on Sunday that, in a telephonic conversation with US ambassador in Pakistan Anne Patterson, it had been more... (BR)

PPP can work with Musharraf: Mukhtar
Chaudhry Ahmed Mukhtar, one of the four PPP hopefuls for the office of prime minister, indicated here on Sunday that his party could work with President Pervez more... (D)

100 foreigners invited, Pakistan ignored: Indian war-games
India has not invited Pakistan to witness military exercises being held in Rajasthan, despite extending invitation to about 100 foreign observers more... (D)

sector Briefing

Rs 102 million rise in CFS investment
Investment under CFS at the Karachi share market last week increased by Rs 102 million, or 19 bps, and remained near its upper cap at Rs 54.4 billion more... (BR)

WorldCall earns Rs 307.281 million
The WorldCall Telecom Ltd has earned Rs 307.281 million as profit after tax in the half year period ended December 31, 2007 as compared to Rs 386.412 million more... (BR)

POL price hike to help cut oil subsidy by Rs three billion: Salman
The recent increase in fuel prices will help reduce oil subsidy by Rs 3 billion and this has been done after consulting majority political parties, Finance Minister Dr Salman more... (BR)

(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.