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  March 05, 2008 

Statistics
KSE 100 Index
Previous. Index
14,816.43
Current Index
14,736.34
Change %
-0.5%
YTD ( CY' 07)
4.6%
YTD ( FY' 07)
6.99%

International Indicates
 
Close
Percentage
BSE
16,339.89
(2.00)%
HANGSENG
23,119.87
(1.97)%
NIKKEI 255
12,992.28
0.10%
FTSE
5,767.70
(0.87)%
DJI
12,213.80
(0.37)%
TSX
13,544.38
(0.28)%
KLSE
1,314.02
(1.24)%

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
62.85
RS/UK
124.55
RS/EURO
95.35
RS/OMAN RIYAL
164.050

commodities
Oil
$99.58/barrel
Oil Change in %
(2.69)%
Gold
$966.10/ounce
Gold Change in %
(1.67)%

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
162.68mn
Trade Deficit
$(10.33) bn
Curr. A/C (Jul'07-Jan'08)
$(7.51 ) bn
Remittances
$3.62 bn
Foreign Investment
$2.26 bn
Bank Deposits (Jan, 19,08)
3,555 bn

Economy

Govt may curb direct borrowing from SBP
The Ministry of Finance plans to limit direct borrowing from the central bank and rely more on the market in a bid to lighten the burden of public debt on the government more... (D)

Importing cement from Pakistan: India agrees to provide three trains weekly
The Indian government has agreed to provide three trains weekly for carrying cement consignments from Pakistan for its domestic consumption more... (BR)

Suicide attack on naval institution: Two bombers strike war college in Lahore
Two suicide bombers blew themselves up at the prestigious Navy War College on the Mall Road on Tuesday, killing four Navy employees and injuring 21 others more... (D)


PML-Q and allies in a morale-boosting huddle
The Pakistan Muslim League-Q put up a somewhat impressive show on Tuesday, by having succeeded in assembling newly elected National Assembly members more... (D)

MQM yet to decide on joining opposition
The Muttahida Qaumi Movement has not yet taken final decision about its future role in parliament, although majority of its workers and leaders are of the view that more... (D)

Musharraf may not attend OIC summit
President Pervez Musharraf is reported to be undecided about going to Senegal to attend the two-day Organisation of Islamic Conference (OIC) summit to more... (D)

sector Briefing

KESC allowed 27 paisa raise in power tariff
The National Electric Power Regulatory Authority has allowed Karachi Electric Supply Corporation to increase power tariff by 27 paisa per unit for all categories more... (BR)

52 percent fall in Indian black tea import in 2007
Despite many efforts, both on government and trader communities levels, to boost bilateral trade between Pakistan and India, black tea import from the more ... (BR)

Gold crosses 20,000
The galloping trend in world gold market pushed its price in the country to new record high of Rs 20014 per 10 grams on Tuesday, traders said. The yellow metal reached $981.70, from $980, an ounce in the world market and was expected to hit the 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