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  April 29, 2008 

Statistics
KSE 100 Index
Previous. Index
15,434.74
Current Index
15,479.22
Change %
0.29%
YTD ( CY' 07)
9.96%
YTD ( FY' 07)
12.41%

International Indicates
 
Close
Percentage
BSE-30
17,015.96
(0.64)%
HANGSENG
25,666.29
0.59%
NIKKEI 255
13,894.37
0.22%
FTSE
6,090.40
(0.20)%
DJI
12,871.75
(0.16)%
TSX
14,103.87
0.00%
KLSE
1,295.31
0.54%

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)
10.37%
PIB (10 years)
11.56%

Exchange Rates
Rs/US
64.47
RS/UK
128.08
RS/EURO
100.82
RS/OMAN RIYAL
167.87

commodities
Oil
$118.51/barrel
Oil Change in %
(0.20)%
Gold
$893.50/ounce
Gold Change in %
(0.22)%

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

Country utilised over $4 billion liquid foreign exchange reserves
The country has utilised over four billion dollars liquid foreign reserves to meet its continuously rising current account deficit as inflows of foreign direct investment were insufficient during current fiscal yea more.... (BR)

New trade policy after consulting: Khaqan
Minister for Commerce, Shahid Khaqan Abbasi said on Monday that the forthcoming trade policy would be formulated in consultation with all stakeholders to make it more accommodative and efficient to propel exports for reducing trade deficit and socio-economic prosperity of the country more... (BR)



Way cleared for gas pipeline accord: Foreign ministers to decide signing date
Pakistan and Iran on Monday cleared way for the signing of the $7.5 billion Iran-Pakistan-India (IPI) gas pipeline agreement after removing the hitches that had stalled the accord more.... (D)

Asif insists on constitutional package: Reinstatement of judges
Asif Ali Zardari said on Monday the reinstatement of judges would be brought about through a constitutional package, but hoped that Pakistan Muslim League (Nawaz) would not part ways with the coalition government more.... (D)

PPP, MQM strike deal
After a series of talks, the Pakistan People’s Party and the Muttahida Qaumi Movement finally struck a power-sharing deal and agreed to form a coalition government in Sindh more.... (D)

 
sector Briefing

UBL earns Rs 4.7 billion profit
The United Bank Limited (UBL) has announced a consolidated profit before tax of Rs 4.7 billion for the first quarter of the year 2008, despite higher provision charge in view of the uncertain macro-economic environment prevailing in the domestic market more.... (BR)

OGDCL first quarter profit rises to Rs 12.243 billion
The profit after tax of Oil and Gas Development Company Limited (OGDCL) has increased to Rs 12.243 billion in the quarter ended March 31, 2008 as compared to Rs 11.514 billion earned in the corresponding period in 2007. The company's earning per share surged to Rs 2.85 in the period under review against Rs 2.68 in the same period last year more.... (BR)

Bank Al-Falah profit increases to Rs 997.718 million
The profit after tax of Bank Al-Falah Limited has increased to Rs 997.718 million in the quarter ended March 31, 2008 as compared to Rs 661.534 million earned in the corresponding period in 2007 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