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  August 15, 2008 

Statistics
KSE 100 Index
Previous. Index
9,963.58
Current Index
9,902.35
Change %
(0.61)%
YTD ( CY' 08)
(29.66)%
YTD ( FY' 08)
(28.09)%

International Indicates
 
Close
Percentage
BSE-30
14,724.18
(3.20)%
HANGSENG
21,392.71
0.47%
NIKKEI 255
12,956.80
(0.51)%
FTSE
5,497.40
1.60%
DJI
11,615.93
0.72%
TSX
13,377.22
1.60%
KLSE
1,109.43
(0.28)%

S.C.R.A
12-08-2008
(0.39)
August
(26.17)
YTD
(176.03)

Money Market Updates
Tbill Cut-off
 
1 year
11.83%
6 month
11.47%
KIBOR ( 3 months)
13.26%
KIBOR ( 6 months)
13.50%
PIB (10 years)
13.88%

Exchange Rates
Rs/US
75.60
RS/UK
139.71
RS/EURO
110.62
RS/OMAN RIYAL
193.52

commodities
Oil
$113.86/barrel
Oil Change in %
0.69%
Gold
$816.60/ounce
Gold Change in %
(1.85)%

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
164.06mn
Trade Deficit
$(16.44)bn
Curr. A/C (Jul'07-Jan'08)
$(14.01)bn
Remittances
$0.63bn
Foreign Investment
$5.19 bn
Bank Deposits
(Jan, 19,08)
Rs.3,699. bn

International Indicates
 
Offer
Redemption
POBOP
51.44/-
50.93/-
Return YTD
10.63%
 
NAV
POAF
11.27
Retun YTD
10.79%

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

Economy

SBP measures fail to check rupee slide
The central bank's strict exchange policy measures have failed to stop the fall of rupee against dollar. Analysts said the major reason of this failure is the political uncertainty in the country. As a result the rupee has witnessed depreciation by some 10 percent in the last six weeks more... (BR)

FBR concerned about growing number of non-filers
The Federal Board of Revenue has expressed concern over huge difference between the number of companies registered with the Securities and Exchange Commission of Pakistan and the companies who are filing income tax returns more... (BR)

Oil extends rally
World oil prices extended gains on Thursday after data showing an unexpectedly sharp decline in US motor fuel reserves during the peak demand season, analysts said more... (D)

Charge-sheet against Musharraf will be ready today: Babar
A special committee of the ruling coalition drafting a charge-sheet against President Pervez Musharraf is expected to complete its task on Friday and an impeachment notice will be submitted to the National Assembly secretariat next week more... (D)

Nawaz rejects safe exit to Musharraf
PML-N chief Mian Muhammad Nawaz Sharif said on Thursday that Kashmir was not an internal affair of India because it was a dispute between India and Pakistan more... (D)

Lawyers may soften stance on judges: Coordination council meets today
Despite the expiry of the August 14 deadline given by the legal community for reinstatement of the deposed judges, the National Coordination Council of Lawyers is likely more... (D)

 
sector Briefing

Corporate Results: BOC Pakistan profit swells to Rs 245.669 million in first half
The profit after tax of BOC Pakistan Limited has increased to Rs 245.669 million in the half year period ended June 30, 2008 as compared to Rs 206.413 million earned in the corresponding period last year. The company's earning per share increased to Rs 9.81 in the period under review against Rs 8.24 in the same period last year more... (BR)

WorldCall profit falls to Rs 76.21 million
The profit after-tax of WorldCall Telecom Limited has declined to Rs 76.218 million in the year ended June 30, 2008 (FY08) as compared to Rs 623.536 million earned in the corresponding period last year. The company's earning per share stood at Re 0.10 in the period under review against Re 0.83 in the same period last year more... (BR)

Faysal Bank profit declines to Rs 305.059 million
The profit after tax of Faysal Bank Limited has declined to Rs 305.059 million in the second quarter ended June 30, 2008 as compared to Rs 644.925 million in the same quarter last year. The bank's earning per share stood at Re 0.58 in the period under review against Rs 1.22 in the same period last year more... (BR)

(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