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  August 13, 2008 

Statistics
KSE 100 Index
Previous. Index
10,171.86
Current Index
9,963.58
Change %
(2.04)%
YTD ( CY' 08)
(29.22)%
YTD ( FY' 08)
(27.64)%

International Indicates
 
Close
Percentage
BSE-30
15,212.13
(1.88)%
HANGSENG
21,640.89
(1.00)%
NIKKEI 255
13,303.60
(0.95)%
FTSE
5,534.50
(0.10)%
DJI
11,642.47
(1.19)%
TSX
13,203.19
(1.04)%
KLSE
1,118.78
(0.77)%

S.C.R.A
08-08-2008
1.04
August
(25.79)
YTD
(175.65)

Money Market Updates
Tbill Cut-off
 
1 year
11.83%
6 month
11.47%
KIBOR ( 3 months)
13.25%
KIBOR ( 6 months)
13.50%
PIB (10 years)
13.88%

Exchange Rates
Rs/US
73.57
RS/UK
140.29
RS/EURO
109.61
RS/OMAN RIYAL
191.75

commodities
Oil
$113.08/barrel
Oil Change in %
(0.81)%
Gold
$816.60/ounce
Gold Change in %
0.65%

Inflation
CPI (YOY)
24.3%
CPI (July)
24.3%
CORE INFTN (YOY)
14.7%
CORE INFTN (July-Apr)
14.7%

Economic Indicators
$US Reserves (Billion)
10.16
GDP Growth FY 08E
5.8%
Per Capita Income
$1085
Population
164.05mn
Trade Deficit
$(16.44)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
51.43/-
50.92/-
Return YTD
10.66%
 
NAV
POAF
11.26
Retun YTD
10.73%

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

Economy

Int'l debt soars to a staggering $47bn
Pakistan external debt figure has reached to almost $47 billion by the end of the financial year 2007-08 from the $40.5 billion figure recorded at the end of FY2006-07 more... (FD)

CPI up 24pc on YoY
Pakistan's inflation accelerated to a 30-year high in July, lending support to the central bank's decision to raise interest rates last month more... (FD)

Gold, silver lose shine
Gold dipped by a record Rs1,071 to Rs19,714 per 10 grams in the local market on Tuesday on strong dollar, as its international price also declined to $811 an ounce, market sources said more... (FD)

Musharraf ditched by Sherpao;PPP-S votes for resolution
The PPP-S of Aftab Sherpao, the interior minister in the Shaukat Aziz government, broke ranks with the alliance which had ruled the country since the 2002 elections and voted for a resolution in the NWFP assembly calling more... (D)

Minister's appeal to PML-Q
Pakistan Muslim League-N minister Khwaja Saad Rafiq on Tuesday sent a strong message to the pro-Musharraf PML-Q, making a fervent appeal to all political forces to stop supporting more... (D)

Muttahida to support president
The Muttahida Qaumi Movement has thrown its support behind President Pervez Musharraf and declined Pakistan People's Party's request to stay ‘neutral' during the impeachment process more... (D)

 
sector Briefing

Shell profit swells over Rs 5,137 million in fiscal year 2008
The profit after tax of Shell Pakistan Limited has significantly increased to Rs 5,137.094 million in the FY08 as compared to Rs 706.659 million earned in the same period in FY07. The company's earning per share increased to Rs 93.76 in the period under review against Rs 12.90 in the same period a year back more... (BR)

GSK profit falls to Rs 734.964 million in first half
The profit after-tax of GlaxoSmithKline Pakistan Limited has declined to Rs 734.964 million in the half year period ended June 30, 2008 as compared to Rs 834.840 million earned in the corresponding period last year. The company's per share earning decreased to Rs 4.31 in the period under review against Rs 4.89 in the same period last year more... (BR)

PSO earns Rs 14.053 billion after tax profit
Pakistan State Oil Company Limited (PSO), the leading oil marketing company in the country, has earned a record Rs 14.053 billion profit after tax in the fiscal year ended June 30, 2008 as compared to Rs 4.689 billion earned in the corresponding period in FY07 more... (FD)

(D): Dawn (BR): Business Recorder (FD): The Financial Daily
seprator
Research Team:
Shoaib Ali Khan
Department Head

Shayan Hasan
Analyst
Zhoaib Kabani
Technical Analyst
Salman Kazmi
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