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  March 17, 2008 

Statistics
KSE 100 Index
Previous. Index
15,074.74
Current Index
15,087.47
Change %
0.02%
YTD ( CY' 07)
7.17%
YTD ( FY' 07)
9.54%

International Indicates
 
Close
Percentage
BSE-30
15,760.52
2.60%
HANGSENG
22,237.11
(0.29)%
NIKKEI 255
12,241.60
(1.54)%
FTSE
5,631.70
(1.07)%
DJI
11,951.09
(1.60)%
TSX
13,252.84
(1.41)%
KLSE
1,194.84
(0.54)%

S.C.R.A
13-03-2008
(22.7)
March
(107.5)
YTD (July-Date)
(14.1)

Money Market Updates
Tbill Cut-off
 
1 year
10.385%
6 month
9.8024%
KIBOR ( 6 months)
10.31%
PIB (10 years)
10.85%

Exchange Rates
Rs/US
62.86
RS/UK
126.61
RS/EURO
98.45
RS/OMAN RIYAL
163.771

commodities
Oil
$111.15/barrel
Oil Change in %
1.4%
Gold
$1,025.80/ounce
Gold Change in %
3.02%

Inflation
CPI (YOY)
11.3%
CPI (July-Feb)
8.9%
CORE INFTN (YOY)
8.1%
CORE INFTN (July-Feb)
6.8%

Economic Indicators
$US Reserves (Billion)
14.14
GDP Growth FY 07
7%
Per Capita Income
$925
Population
162.77mn
Trade Deficit
$(12.43) 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

Budgeting exercise starts from March 31
The Finance Division's priorities committee will start its budgeting exercise from March 31, which is likely continue for around 12 days more.... (BR)

ADB to provide $301 million for NHA projects
Asian Development Bank will provide $301 million to National Highway Authority for "National Highway Development Sector Investment more.... (BR)

Unabated inflation, deficits to destabilise economy
Pakistan faces grim economic prospects in the next 12 months and the situation calls for emergency measures to control one of the highest rates of inflation in the world more... (D)


Former coalition partners nominate Farooq Sattar for Prime Minister's slot
A would-be opposition alliance led by Pakistan Muslim League-Q on Sunday nominated MNA-elect from Mutthahida Qaumi Movement Dr Farooq Sattar candidate for the Prime Minister slot more....(BR)

US plane attacks Wana house with precision bombs: Foreign militants among nine killed
At least nine people were killed and nine others wounded when a US plane hit a mud-compound in South Waziristan’s regional headquarters of Wana more.... (D)

Parliament convenes today, faces challenges from day one
The National Assembly will meet here on Monday to start what is being perceived as final round of transition to democracy more... (BR)

sector Briefing

Load-shedding to continue till 2010: Pepco
Power load shedding in the country will continue till 2010 due to its rapidly increasing demand as well as sharp shortfall more... (BR)

Mutual funds industry recorded 88 percent growth in 2007
The mutual funds industry performed very well and witnessed a growth of some 88 percent during the calendar year 2007 more...(BR)

Mobile sector gets $8 billion investment in four years
Telecom companies have invested over $8 billion during the last four years particularly in the mobile sector 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