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  August 06, 2008 

Statistics
KSE 100 Index
Previous. Index
9,853.18
Current Index
10,042.47
Change %
1.92%
YTD ( CY' 08)
(28.66)%
YTD ( FY' 08)
(27.07)%

International Indicates
 
Close
Percentage
BSE-30
14,961.07
2.63%
HANGSENG
21,949.75
(2.50)%
NIKKEI 255
12,914.66
(0.10)%
FTSE
5,454.50
2.52%
DJI
11,615.36
2.94%
TSX
13,496.53
0%
KLSE
1,128.86
(1.72)%

S.C.R.A
01-08-2008
(5.08)
July
(5.08)
YTD
(154.94)

Money Market Updates
Tbill Cut-off
 
1 year
11.83%
6 month
11.47%
KIBOR ( 3 months)
13.19%
KIBOR ( 6 months)
13.43%
PIB (10 years)
14.06%

Exchange Rates
Rs/US
72.50
RS/UK
141.18
RS/EURO
111.73
RS/OMAN RIYAL
187.34

commodities
Oil
$118.47/barrel
Oil Change in %
(1.50)%
Gold
$887.80/ounce
Gold Change in %
(1.48)%

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

Economic Indicators
$US Reserves (Billion)
10.49
GDP Growth FY 08E
5.8%
Per Capita Income
$1085
Population
163.99mn
Trade Deficit
$(20.74)bn
Curr. A/C (Jul'07-Jan'08)
$(14.01)bn
Remittances
$6.45bn
Foreign Investment
$5.19 bn
Bank Deposits
(Jan, 19,08)
Rs.3,699. bn

International Indicates
 
Offer
Redemption
POBOP
51.32/-
50.81/-
Return YTD
10.42%
 
NAV
POAF
11.24
Retun YTD
10.73%

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

Economy

SBP may have regulatory oversight of 23 NBFCs:
The Federal Government is contemplating placing deposit-taking Non-Bank Financial Companies (NBFCs) as well as business groups owning both financial and commercial concerns under the supervision of regulatory structure of the State Bank of Pakistan more... (BR)

Oil prices slide below $119
Oil prices fell another 2.0 dollars on Tuesday to beneath 119 dollars a barrel, as slowing US demand for energy offset tensions over crude-rich Iran more... (D)

THE RUPEE: dollar gains 35 paisa on interbank market
Strong demand for dollars, forced the rupee slide further against dollar in the interbank market on Tuesday, down sharply by 35 paisa for buying and selling at 72.25 and 72.30 in process of trading, dealers said more... (BR)

PPP and PML-N narrow differences
Pakistan People's Party (PPP) and Pakistan Muslim League (N) have decided to take other coalition partners, ANP and JUI, into confidence in today's meeting (Wednesday) on main issues including impeachment of President Pervez Musharraf and reinstatement of deposed judges. Asif Ali Zardari and Nawaz Sharif along with their parties leaders discussed all the issues that have been posing threat to the coalition more... (BR)

Musharraf loyalists make ISI their cause in Senate
Loyalists of President Pervez Musharraf leading the opposition in the Senate picked up ISI as their main cause on Tuesday as they stepped up attacks on the PPP-led more... (D)

Taliban statement corroborates MQM warning: Sattar
The Muttahida Qaumi Movement has accused the chief minister and home minister of Sindh and some political and religious parties of hiding the ‘truth about Talibanisation in Karachi' more... ( D)

 
sector Briefing

PSO to close down 16 depots: September 1 deadline set
The government has set the deadline of September 1, 2008 for Pakistan State Oil (PSO) to close down its 16 oil depots in different parts of the country. Sources said the PSO management, which is on the move to meet the deadline for winding up its two-third depots, reviewed the progress on the issue in its internal meeting held in Karachi on Tuesday more... (BR)

Hubco declares 10 percent dividend
The Board of Directors of Hubco has recommended Rs1 per share i.e. 10 per cent final dividend for the year ended on June 30, 2008 more... (FD)

Ogra raises wellhead gas prices by 35pc
The Oil and Gas Regulatory Authority (Ogra) has increased wellhead gas prices up to an unprecedented 35 per cent for 12 production companies with effect from July 1 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