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  April 26, 2008 

Statistics
KSE 100 Index
Previous. Index
15,304.90
Current Index
15,434.74
Change %
0.85%
YTD ( CY' 07)
9.63%
YTD ( FY' 07)
12.08%

International Indicates
 
Close
Percentage
BSE-30
17,125.98
2.42%
HANGSENG
25,516.78
(0.64)%
NIKKEI 255
13,863.47
2.38%
FTSE
6,091.40
0.70%
DJI
12,891.86
0.33%
TSX
14,103.87
0.24%
KLSE
1,288.08
(0.38)%

S.C.R.A
25-04-2008
17.33
April
163.33
YTD (July-Date)
174.31

Money Market Updates
Tbill Cut-off
 
1 year
10.1357%
6 month
9.8686%
KIBOR ( 6 months)
10.39%
PIB (10 years)
11.56%

Exchange Rates
Rs/US
64.85
RS/UK
128.82
RS/EURO
101.37
RS/OMAN RIYAL
168.88

commodities
Oil
$119.44/barrel
Oil Change in %
0.78%
Gold
$895.60/ounce
Gold Change in %
0.66%

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

Foreign exchange reserves holding was not that dismal when Musharraf took over
The Finance Ministry has informed the cabinet, that foreign exchange reserves of the country in the last full year of Pakistan Muslim League (N) Government was $2.4 billion and not $1.7 billion as claimed by the previous government more.... (BR)

FBR takes steps to improve compliance by regulators
The Federal Board of Revenue (FBR) has taken enforcement steps to improve compliance by the regulatory authorities, whose income becomes taxable under Income Tax Ordinance, 2001 from the last fiscal year more... (BR)

THE RUPEE: SBP move helps recover some lost ground
Uncertain business in currency market was seen due to panic buying of dollars and the rupee touched the low at 67 for a dollar, but timely move by the State Bank of Pakistan (SBP) helped the Pakistan currency to minimise its losses during the week ended on April 26, 2008 more... (BR)


Shahbaz to remind Asif of deadline on judges
A PML-N delegation headed by the party’s president Mian Shahbaz Sharif was to leave for Dubai on Sunday night to ‘remind Mr Asif Ali Zardari of the approaching deadline set for reinstatement of judges’ more... (D)

Asif not likely to contest Larkana seat
Pakistan People’s Party co-chairman Asif Ali Zardari is not likely to contest by-election for a National Assembly seat. Sources in the party more.... (D)

 
sector Briefing

Rs 20 billion payment to PSO and Shell: MoF arrangement with banks consortium vetted
The Law Division has vetted the Ministry of Finance's (MoF) arrangement with the banks' consortium for Rs 20 billion payment to Pakistan State Oil (PSO) and Shell for outstanding price differential claims (PDCs). In its opinion, the Law Division said that the government can make an arrangement with the banks for facilitating PDCs payment to PSO and Shell more... (BR)

Attock Refinery awarded by ACCA, WWF
Attock Refinery Limited (ARL) was awarded the "Best Sustainability Report Award 2007" in the local listed companies' category by Association of Chartered Certified Accountants (ACCA) and WWF. Hameed Ullah Jan Afridi, Federal Minister for Environment was the chief guest on the occasion and presented this award to ARL representative at an impressive ceremony held in Islamabad 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