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  March 07, 2008 

Statistics
KSE 100 Index
Previous. Index
14,957.80
Current Index
15,145.36
Change %
1.25%
YTD ( CY' 07)
7.59%
YTD ( FY' 07)
9.9%

International Indicates
 
Close
Percentage
BSE
16,542.08
1.23%
HANGSENG
23,342.73
0.99%
NIKKEI 255
13,215.42
1.88%
FTSE
5,766.40
(1.49)%
DJI
12,040.39
(1.75)%
TSX
13,603.32
0.93%
KLSE
1,299.69
1.52%

S.C.R.A
04-03-2008
(32)
March
(27)
YTD (July-Date)
67

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
62.95
RS/UK
125.35
RS/EURO
95.95
RS/OMAN RIYAL
164.59

commodities
Oil
$105.45/barrel
Oil Change in %
0.90%
Gold
$985.00/ounce
Gold Change in %
(0.28)%

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)
14.063
GDP Growth FY 07
7%
Per Capita Income
$925
Population
162.69mn
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

Forex reserves dip to $14.063bn
Pakistan’s foreign exchange reserves fell by $74 million to $14.063 billion in the week that ended on March 1, the central bank said on Thursday more... (D)

InvestCap is now InvestBank
After receiving its renewed investment banking licence from the Securities & Exchange Commission of Pakistan (SECP) on February 29 more... (D)

KSE, Dubai Financial Market sign MoU
The Karachi Stock Exchange (KSE) and Dubai Financial Market (DFM) signed a memorandum of understanding on Thursday to develop and strengthen capital markets more... (D)

Interpol help sought to net wanted people: Names of Benazir, Asif on the list
The government has decided to seek Interpol’s help in tracing 436 people ‘wanted’ by the National Accountability Bureau (NAB). They are believed to have fled abroad more... (D)

Three major parties short of two-thirds majority
The combined strength of PPP, PML-N and ANP in the newly-elected National Assembly is slightly short of the two-thirds majority. However, they may cross the more... (D)

Army should not be dragged into any controversy: Kayani
107th Corps Commanders' Conference was held at General Headquarters on Thursday. Chief of Army Staff General Ashfaq Parvez Kayani chaired the meeting. The conference commenced with Fateha prayers for more... (BR)

PPP delays naming premier candidate
The Pakistan People’s Party (PPP) again put off on Thursday a decision about its candidate for the office of the prime minister more... (D)

sector Briefing

Buffett world’s richest man, Bill Gates third
Warren Buffett, the famed US investor who heads Berkshire Hathaway Inc, replaced his friend and Microsoft Corp founder Bill Gates as the richest man in the world, more... (D)

WAPDA causes major outage in Karachi
Karachi suffered a major power outage on Thursday when the country's main power utility cut the supply because the city's power company had not paid its bills more... (BR)

LPG sector attracts Rs 11 billion investment
The Liquified Petroleum Gas (LPG) sector has so far attracted an investment of Rs 11 billion as result of government's prudent policies and efficient regulation 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