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  April 15, 2008 

Statistics
KSE 100 Index
Previous. Index
15,430.89
Current Index
15,437.84
Change %
0.04%
YTD ( CY' 07)
9.66%
YTD ( FY' 07)
12.09%

International Indicates
 
Close
Percentage
BSE-30
15,807.64
0.72%
HANGSENG
23,811.20
(3.47)%
NIKKEI 255
12,917.51
(3.05)%
FTSE
5,831.60
(1.08)%
DJI
12,302.06
(0.19)%
TSX
13,683.03
(1.62)%
KLSE
1,233.43
(1.07)%

S.C.R.A
11-04-2008
10.79
April
72.45
YTD (July-Date)
83.10

Money Market Updates
Tbill Cut-off
 
1 year
10.1357%
6 month
9.8686%
KIBOR ( 6 months)
10.35%
PIB (10 years)
11.45%

Exchange Rates
Rs/US
63.37
RS/UK
125.14
RS/EURO
99.94
RS/OMAN RIYAL
165.08

commodities
Oil
$112.41/barrel
Oil Change in %
2.46%
Gold
$930.90/ounce
Gold Change in %
1.16%

Inflation
CPI (YOY)
14.1%
CPI (July-Mar)
9.5%
CORE INFTN (YOY)
9.3%
CORE INFTN (July-Mar)
7.1%

Economic Indicators
$US Reserves (Billion)
13.13
GDP Growth FY 07
7%
Per Capita Income
$925
Population
163.03mn
Trade Deficit
$(14.49)bn
Curr. A/C (Jul'07-Jan'08)
$(8.42)bn
Remittances
$4.12bn
Foreign Investment
$2.61 bn
Bank Deposits
(Jan, 19,08)
Rs.3,628. bn

Economy

Qatar to expand economic ties with Pakistan
Qatar has shown keen interest in exploring upper and lower Sindh for dairy sector investment projects especially along the coastline of Badin and Thatta more... (BR)

Dar promises hard work to address grim economic situation
Finance Minister Ishaq Dar has said that after having released a balance sheet of the grim economic situation left behind by the previous government he will now get on with "fire fighting and damage control" to try and turn it around more... (BR)

Government to introduce investment friendly policies: Hoti
Chief Minister NWFP Ameer Haider Khan Hoti on Monday said that the provincial government would introduce investment friendly policies in the province. Speaking to an 18-member delegation more... (BR)

Interest rate rise likely
The last time Pakistan's annual inflation was more than the 14 percent recorded in March, the country's official interest rates were a lot higher than they are today. That means the State Bank of Pakistan is left with little choice but to raise interest rates more... (BR)


National Assembly demands UN probe into Benazir killing
The National Assembly on Monday passed a resolution to recommend the government to approach the United Nations for a probe into the assassination of former premier Benazir Bhutto, a PPP longstanding demand that President Pervez Musharraf never honoured more... (BR)

Balance to be created in powers of President, Parliament: Prime Minister
Prime Minister Yousuf Raza Gilani on Monday said the independence of Judiciary, Election Commission, and media are among the government's top priorities, and added that balance would be created in the powers of the President and the Parliament more... (BR)

Senate body opposes PSO sell-off
The standing committee of the Senate on Petroleum and Natural Resources (MP&NR) has opposed Pakistan State Oil (PSO) sell-off and directed the government to revisit its decision of divesting this strategic asset more... (BR)

 
sector Briefing

Ogra suggests raise in oil products prices
The Oil and Gas Regulatory Authority (Ogra) has recommended upward revision in oil products prices for the fortnight commencing from April 16 to pass on the impact of the increase in the international market to the consumers more... (BR)

Rafhan Maize declares 350 percent interim dividend
The profit after tax of Rafhan Maize Products Company Limited increased to Rs 351.797 million in the quarter ended on March 31, 2008 as compared to Rs 291.853 million earned in the corresponding period a year back more... (BR)

Textile exports' share down to 48.6 percent in February
The share of the textile exports in overall exports of the country in February 2008 decreased to 48.6 percent from 64.5 percent in February 2007, according to a source in the Federal Ministry of Textile more... (BR)

(D): Dawn (BR): Business Recorder
seprator
Research Team:
Shoaib Ali Khan
Department Head

  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