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  April 22, 2008 

Statistics
KSE 100 Index
Previous. Index
15,676.34
Current Index
15,654.79
Change %
(0.14)%
YTD ( CY' 07)
11.20%
YTD ( FY' 07)
13.66%

International Indicates
 
Close
Percentage
BSE-30
16,739.33
1.50%
HANGSENG
24,721.67
2.17%
NIKKEI 255
13,696.55
1.60%
FTSE
6,053.00
0.06%
DJI
12,825.02
0.19%
TSX
14,237.06
0.86%
KLSE
1,280.00
1.02%

S.C.R.A
16-04-2008
46.58
April
125.78
YTD (July-Date)
136.43

Money Market Updates
Tbill Cut-off
 
1 year
10.1357%
6 month
9.8686%
KIBOR ( 6 months)
10.38%
PIB (10 years)
11.51%

Exchange Rates
Rs/US
64.10
RS/UK
127.64
RS/EURO
101.65
RS/OMAN RIYAL
166.71

commodities
Oil
$117.47/barrel
Oil Change in %
(0.01)%
Gold
$918.50/ounce
Gold Change in %
0.10%

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)
13.04
GDP Growth FY 07
7%
Per Capita Income
$925
Population
163.04mn
Trade Deficit
$(14.49)bn
Curr. A/C (Jul'07-Jan'08)
$(8.42)bn
Remittances
$4.72bn
Foreign Investment
$2.61 bn
Bank Deposits
(Jan, 19,08)
Rs.3,628. bn

Economy

Foreign investment down by 46 percent
The country has failed to capitalise on the elections in attracting more foreign investment as no major rise has been witnessed in the foreign investment, rather it is continuously declining more... (BR)

ECC to discuss economic situation today

The Economic Co-ordination Committee (ECC) of the Cabinet is scheduled to meet here on Tuesday to discuss the country's economic situation, availability position of essential commodities, and impact of inflation on common man, official sources told Business Recorder more.... (BR)

FBR unlikely to achieve Rs one trillion target: MoF
The Finance Ministry on Monday said that though the Federal Board of Revenue has posted a 14 percent increase in tax collection in the first nine months of FY08, yet it was unlikely to achieve annual tax collection target of Rs 1,025 billion more.... (BR)


Graduation condition for contesting poll abolished
A seven-member bench of the Supreme Court on Monday struck down the condition of graduation for candidates to contest elections of the Senate and National Assembly and all the four Provincial Assemblies declaring the provision void more.... (BR)

Zardari, Nawaz hold ‘inconclusive’ talks: Reinstatement of judges
PPP co-chairman Asif Ali Zardari and PML-N chief Nawaz Sharif on Monday held ‘inconclusive’ talks to finalise a plan for reinstatement of judges more.... (D)

Govt thwarts bid for debate on NRO
The government on Monday thwarted a move for a debate on the National Reconciliation Ordinance (NRO) in the National Assembly by terming it sub judice more... (D)

 
sector Briefing

PIA sell-off ruled out
The government on Monday ruled out any possibility of Pakistan International Airline (PIA) privatisation, saying that efforts were afoot to make the national flag carrier a profitable entity in three years more.... (BR)

PSO, Shell: Finance issues Rs 20 billion sovereign guarantee
The Ministry of Finance (MoF) has issued sovereign guarantee to secure Rs 20 billion loan from a banks' consortium for Pakistan State Oil (PSO) and Shell Pakistan against their outstanding oil price differential claims (PDC) more... (BR)

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

  Zhoaib Kabani
Technical Analyst
Shayan Hasan
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