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  April 25, 2008 

Statistics
KSE 100 Index
Previous. Index
15,470.14
Current Index
15,304.90
Change %
(1.07)%
YTD ( CY' 07)
8.72%
YTD ( FY' 07)
11.12%

International Indicates
 
Close
Percentage
BSE-30
16,721.08
0.14%
HANGSENG
25,680.78
1.60%
NIKKEI 255
13,540.87
(0.30)%
FTSE
6,050.70
(0.54)%
DJI
12,848.95
0.67%
TSX
14,069.80
(1.38)%
KLSE
1,293.08
0.38%

S.C.R.A
23-04-2008
3.38
April
146.33
YTD (July-Date)
156.98

Money Market Updates
Tbill Cut-off
 
1 year
10.1357%
6 month
9.8686%
KIBOR ( 6 months)
10.35%
PIB (10 years)
11.54%

Exchange Rates
Rs/US
64.70
RS/UK
127.86
RS/EURO
102.14
RS/OMAN RIYAL
168.27

commodities
Oil
$115.75/barrel
Oil Change in %
(0.27)%
Gold
$891.60/ounce
Gold Change in %
0.25%

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)
12.65
GDP Growth FY 07
7%
Per Capita Income
$925
Population
163.11mn
Trade Deficit
$(14.49)bn
Curr. A/C (Jul'07-Jan'08)
$(9.85)bn
Remittances
$4.72bn
Foreign Investment
$2.98 bn
Bank Deposits
(Jan, 19,08)
Rs.3,628. bn

Economy

Basic accord for Turkmen gas project signed
Pakistan, India and Afghanistan on Thursday signed a framework agreement to buy natural gas from Turkmenistan, despite the cost of laying a pipeline from the Central Asian state having increased to $7.6 more.... (D)

Rupee weakens as low as 67 against dollar
The State Bank of Pakistan on Thursday had to inject dollars in the interbank market to cater to an increased demand for the green back for the second day in a row more.... (BR)

SBP Meeting today
The State Bank of Pakistan has called an emergent meeting of exchange companies today (Friday) at 1600 hours. According to reliable sources, SBP's late evening move resulted in immediate recovery of the Pak currency by one rupee ie Rs 65 to a dollar from 66 to a dollar on the open market more.... (BR)


Peace talks under way in Fata, Balochistan
Prime Minister’s Adviser on Interior Affairs Rehman Malik has said the government is holding talks with all tribal leaders in the Federally Administered Tribal Areas (Fata) and Balochistan more... (D)

Local govts under attack in NA
The local government system enforced by President Pervez Musharraf as the centrepiece of his discredited political scheme faced its most serious challenge in the National Assembly on Thursday more.... (D)

 
sector Briefing

APCMA headquarters raided, output data recovered
The Competition Commission of Pakistan raided the headquarters of All Pakistan Cement Manufacturers Association (APCMA), Lahore and recovered valuable record including computers, giving accurate data on cement production more.... (BR)

PPL third quarter profit rises to Rs 5.676 billion
The profit after tax of Pakistan Petroleum Limited (PPL) increased to Rs 5.676 billion in the period ended March 31, 2008 as compared to Rs 4.655 billion earned in the corresponding period in 2007. The board of directors of the company in its meeting held here on Thursday declared that the company's earning per share surged to Rs 7.52 in the period under review against Rs 6.17 in the same period last year more.... (BR)

FFBL first quarter profit falls to Rs 162.09 million
The profit after-tax of Fauji Fertiliser Bin Qasim Limited (FFBL) has declined to Rs 162.09 million in the quarter ended March 31, 2008 as compared to Rs 374.348 million earned in the corresponding period last year 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