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  March 10, 2008 

Statistics
KSE 100 Index
Previous. Index
15,145.36
Current Index
15,085.18
Change %
(0.3)%
YTD ( CY' 07)
7.16%
YTD ( FY' 07)
9.53%

International Indicates
 
Close
Percentage
BSE
15,975.52
(3.42)%
HANGSENG
22,501.33
(3.66)%
NIKKEI 255
12,782.80
(3.27)%
FTSE
5,699.90
(1.15)%
DJI
11,893.69
(1.22)%
TSX
13,281.72
(0.58)%
KLSE
1,296.33
(0.25)%

S.C.R.A
07-03-2008
2.4
March
(72)
YTD (July-Date)
22

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
62.75
RS/UK
126.58
RS/EURO
96.05
RS/OMAN RIYAL
163.84

commodities
Oil
$104.86/barrel
Oil Change in %
(0.55)%
Gold
$977.00/ounce
Gold Change in %
(0.81)%

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
162.71mn
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

Cement units audit will verify mega projects supplies, production data
The audit of cement manufacturers would verify the supplies made to the mega construction projects, whereas actual production would be confirmed after more... (BR)

Countrywide power crisis: PSO refuses to supply oil to generation companies

After Karachi, now, a countrywide power crisis is in the offing as the Pakistan State Oil (PSO) has issued notice to the Pakistan Electric Power Company (Pepco) of more... (BR)

Inflation touches 14.53 percent
The inflation measured by SPI touched 14.53 percent on week ending March 6 over the same period of last year as prices of essential commodities rose considerably following increase in domestic petroleum prices. The surge in prices of vegetable, more... (BR)


New government to reinstate judges in 30 days: PPP, PML-N agree on government formation

The Pakistan People's Party and Pakistan Muslim League-Nawaz on Sunday signed an agreement to form coalition government and reinstate sacked judges within more... (BR)

JUI to support impeachment move: Fazl

Jamiat Ulma-e-Islam (JUI) President Maulana Fazlul-Rehman here on Sunday said that major political parties of the country had to take the decision regarding the impeachment more...

Taliban in Pakistan: bin Laden 'not an enemy'

A pro-Taliban leader in Pakistan's tribal area on Sunday said that al Qaeda chief Osama bin Laden and fugitive Taliban militant leader Mullah Omar were "not enemies of Pakistan." more... (BR)
sector Briefing

Islamic banking rapidly growing in Gulf
The market for Islamic finance and banking is growing rapidly in the oil-rich Gulf. Thanks to burgeoning wealth and attractive financial instruments. Studies have put the more... (BR)

Discussion held on development of Singapore
An economist, Humayun Iqbal Shami said that Pakistan has reposed great hopes in with the 40 years contract given to a Singapore firm to develop Gwadar port as a more... (BR)

HBL deposits rate grew by 22 percent
Due to customer-friendly policies vis-a-vis introduction of latest technology in the operational system after the privatisation of Habib Bank, the deposits rate of the bank has registered a growth of 22 percent 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