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  June 30, 2008 

Statistics
KSE 100 Index
Previous. Index
12,452.08
Current Index
12,353.19
Change %
(0.79)%
YTD ( CY' 08)
(12.24)%
YTD ( FY' 08)
(10.28)%

International Indicates
 
Close
Percentage
BSE-30
13,802.22
(4.30)%
HANGSENG
22,042.35
(1.80)%
NIKKEI 255
13,544.36
(2.00)%
FTSE
5,529.90
(0.20)%
DJI
11,346.51
(0.93)%
TSX
14,355.21
0.44%
KLSE
1,190.54
(1.10)%

S.C.R.A
27-06-2008
(14.95)
June
(135.90)
YTD
(221.34)

Money Market Updates
Tbill Cut-off
 
1 year
11.69%
6 month
11.47%
KIBOR ( 3 months)
13.82%
KIBOR ( 6 months)
14.15%
PIB (10 years)
13.42%

Exchange Rates
Rs/US
68.20
RS/UK
136.08
RS/EURO
107.74
RS/OMAN RIYAL
177.72

commodities
Oil
$141.78/barrel
Oil Change in %
1.91%
Gold
$928.40/ounce
Gold Change in %
0.00%

Inflation
CPI (YOY)
19.3%
CPI (July-Jun)
11.1%
CORE INFTN (YOY)
12.3%
CORE INFTN (July-Jun)
7.9%

Economic Indicators
$US Reserves (Billion)
11.29
GDP Growth FY 08E
5.8%
Per Capita Income
$1085
Population
163.59mn
Trade Deficit
$(18.75)bn
Curr. A/C (Jul'07-Jan'08)
$(12.95)bn
Remittances
$5.90bn
Foreign Investment
$3.94 bn
Bank Deposits
(Jun, 14,08)
Rs.3,699 bn

International Indicates
 
Offer
Redemption
POBOP
53.90/-
53.36/-
Return YTD
9.93%
 
NAV
POAF
11.14/-
Retun YTD
10.86%

Inflation
AMC Ratings
AM3+
POBOPAPF
Fund Stablility Rating
A(f)
POAF Fund Rating
AA-

Economy

Oil prices raised by 10-20 per cent
The Oil and Gas Regulatory Authority on Sunday formally notified the increase in prices of petroleum products by 10 per cent to 20 per cent more... (D)

Islamabad may earn $15 billion through export of marbles: Pasdec chief
Pakistan could earn $ 15 billion annually through export of world's best class marble, onyx and granite, found in Pakistan alone. Ihsanullah Khan,Chairman, Pakistan Stone Development Company (Pasdec) said this during an interview withBusiness Recorder more... (BR)

Oil-fired budget to skyrocket inflation: experts
Pakistan's FY 2007-08 budget, which ends on Monday, June 30 did not bring any positive change in the life of the common man, but the new 2008-09 budget, effective from Tuesday, July 1,2008, has totally demoralised all sections of society, experts said more... (BR)

A new PPP running govt, says Fahim
Pakistan People's Party vice-chairman Makhdoom Amin Fahim has said that he has nothing to do with the government which is being run by ‘a new PPP' more... (D)

Writ of govt to be restored in tribal areas, says PM
Prime Minister Syed Yousuf Raza Gilani has said the government is adhering to a three-pronged strategy of political dialogue, development and the use of force to restore normalcy in tribal areas more... (D)

Ministers influenced voters during by-polls: report
A network of NGOs working for free and fair elections in the country has reported that there were unauthorised people present inside many polling stations trying to coerce more... (D)

 
sector Briefing

$36.63mn fished from bourses
Foreign capital flight from the country's equity market did not show any respite as net portfolio investment in the stock market further declined by $36.63 million last week. As a result in FY08, Special Convertible Rupee Accounts (SCRAs) balance shows net outflow to $221.34 million more... (FD)

359 basis points rise in CFS investment rates
The CFS rates at the Karachi share market increased by 359 bps last week to close at four-week high at 20.33 percent as compared to 16.74 percent mainly due to relatively tighter liquidity position at the share market. Total CFS also increased by over 6 percent to close at Rs 32.3 billion against Rs 30.3 billion a week earlier more... (BR)

MD vows to bring PIA at break-even by 2010
PIA Managing Director (MD) Captain Aijaz Haroon has vowed to bring the organisation at breakeven by 2010 more... (D)

(D): Dawn (BR): Business Recorder (FD): The Financial Daily
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