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  August 27, 2008 

Statistics
KSE 100 Index
Previous. Index
9,993.81
Current Index
9,813.66
Change %
(1.80)%
YTD ( CY' 08)
(30.29)%
YTD ( FY' 08)
(28.73)%

International Indicates
 
Close
Percentage
BSE-30
14,482.22
0.22%
HANGSENG
21,056.66
(0.23)%
NIKKEI 255
12,778.71
(0.78)%
FTSE
5,470.70
(0.63)%
DJI
11,412.87
(0.23)%
TSX
13,447.29
(0.68)%
KLSE
1,070.50
(0.76)%

S.C.R.A
25-08-2008
(5.38)
August
(33.10)
YTD
(182.96)

Money Market Updates
Tbill Cut-off
 
1 year
11.83%
6 month
11.47%
KIBOR ( 3 months)
13.56%
KIBOR ( 6 months)
13.72%
PIB (10 years)
14.38%

Exchange Rates
Rs/US
76.00
RS/UK
138.52
RS/EURO
110.37
RS/OMAN RIYAL
194.95

commodities
Oil
$116.66/barrel
Oil Change in %
0.96%
Gold
$832.00/ounce
Gold Change in %
0.82%

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)
9.57
GDP Growth FY 08E
5.8%
Per Capita Income
$1085
Population
164.17mn
Trade Deficit
$(1.64)bn
Curr. A/C (Jul'07-Jan'08)
$(1.01)bn
Remittances
$0.63bn
Foreign Investment
$0.22 bn
Bank Deposits
(Jan, 19,08)
Rs.3,699. bn

International Indicates
 
Offer
Redemption
POBOP
51.65/-
51.14-
Return YTD
10.95%
 
NAV
POAF
11.31
Retun YTD
10.80%

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

Economy

Oil against deferred payments
A top-level official delegation, headed by Petroleum and Foreign Minister, Shah Mahmood Qureshi, has air-dashed to Saudi Arabia to negotiate modalities with the Saudi authorities for a 5 to 6 billion dollar oil facility against deferred payments. The facility would be available to Pakistan for three years more... (BR)

Population may reach 220 million by 2020: ICCI president
Pakistan's population has increased from 34 million in 1951 to 162 million up to 2008 and the addition of 128 million people in just 57 years shows very high Population Growth rate (PGR), which is alarming situation for the development of the country and is causing great stress on financial and other resources, said President, Islamabad Chamber of Commerce and Industry (ICCI), Muhammad Ijaz Abbasi more... (BR)

Countrywide deficit surges to 4,500MW
The severe power shortage in the country surged to over 4,500 megawatts when saboteurs blew up gas pipelines, causing suspension of supplies from Zamzama and Pir Koh more... (D)

 

Presidential election: 34 file nomination papers
The nomination papers of Pakistan People's Party Co-Chairman Asif Ali Zardari, Pakistan Muslim League-N candidate Chief Justice Saeed-uz-Zaman Siddiqui (Retd), Pakistan Muslim League-Q Secretary General Mushahid Hussain Syed and 31 other candidates for Presidential elections have been filed here on Tuesday more... (BR)

Eight deposed SHC judges may take oath today
Eight deposed judges of the Sindh High Court are expected to return to their seats on Wednesday, opening the way for more inductions as the federal government more... (D)

JUI-F sends ‘wish list' to Zardari House
Jamiat-i-Ulema Islam chief Maulana Fazlur Rehman has demanded of the PPP-led coalition government to revive Friday as weekly holiday more... (D)

 
sector Briefing

Bank Al-Habib earns Rs 1,249.104 million profit after tax
Bank Al Habib Limited has gained Rs 1,249.104 million as profit after tax in the half year period ended on June 30, 2008 as compared to Rs 1,127.815 million in the corresponding period in 2007. The board of directors of the bank, in its meeting held here on Tuesday, declared that the bank's earning per share increased to Rs 2.61 in the period under review against Rs 2.36 in the same period last year more... (BR)

Atlas Battery's after tax profit up Rs 106.797 million
The profit after tax of Atlas Battery Limited has increased to Rs 106.797 million in the year ended on June 30, 2008 as compared to Rs 87.510 million in the corresponding period last year. The company's earning per share increased to Rs 15.27 in the period under review as against Rs 12.51 in the same period last year more... (BR)

AHIML posts profit
Arif Habib Investment Management Limited (AHIML) has posted Rs 249.043 million profit after tax for the year ended on June 30, 2008, as compared to Rs 215.424 million of previous year. The company's earning per share increased to Rs 8.30 against Rs 7.18 of previous 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