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September 19, 2008 

Statistics
KSE 100 Index
Previous. Index
9,216.23
Current Index
9,202.31
Change %
(0.15)%
YTD ( CY' 08)
(34.63)%
YTD ( FY' 09)
(25.12)%

International Indicates
 
Close
Percentage
BSE-30
13,315.60
(0.40)%
HANGSENG
17,632.46
(0.03)%
NIKKEI 255
11,489.30
(2.22)%
FTSE
4,880.00
(0.66)%
DJI
11,019.69
3.86%
TSX
12,254.03
(4.03)%
KLSE
991.66
(1.13)%

S.C.R.A
16-09-2008
1.53
September
(12.02)
YTD
(230.48)

Money Market Updates
Tbill Cut-off
 
1 year
11.83%
6 month
11.47%
KIBOR ( 3 months)
13.91%
KIBOR ( 6 months)
14.00%
PIB (10 years)
14.40%

Exchange Rates
Rs/US
77.40
RS/UK
140.14
RS/EURO
110.65
RS/OMAN RIYAL
198.18

commodities
Oil
$97.70/barrel
Oil Change in %
0.35%
Gold
$852.00/ounce
Gold Change in %
(2.96)%

Inflation
CPI (YOY)
25.3%
CPI (Jul-Aug)
24.8%
CORE INFTN (YOY)
16.4%
CORE INFTN (Jul-Aug)
15.5%

Economic Indicators
$US Reserves (Billion)
9.10
GDP Growth FY 08E
5.8%
Per Capita Income
$1085
Population
164.36mn
Trade Deficit
$(3.52)bn
Curr. A/C (Jun'08-Jul'08)
$(2.57)bn
Remittances
$1.22bn
Foreign Investment
$0.22 bn
Bank Deposits
(Jan, 19,08)
Rs.3,699. bn

International Indicates
 
Offer
Redemption
POBOP
52.02/-
51.50/-
Return YTD
11.20%
 
NAV
POAF
11.39
Retun YTD
10.87%

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

Economy

THE RUPEE: dollar rises further on interbank market
The rupee failed to resist erosion in its value in terms of dollar in the interbank market on Thursday, losing 40 paisa for buying at 77.70 and was also down by 35 paisa for selling at 77.75, dealers said. Dearth of dollar like situation persisted as importers were trying to cover the forward buying amid rising perception that the rates may go up further in the near future, they said more... (BR)

Forex reserves drop to $8.91bn
Pakistan's foreign reserves fell $190 million to $8.91 billion in the week that ended on Sept 13, from $9.10 billion in the previous week, the State Bank of Pakistan said on Thursday more... (D)

Dollar slips on persistent US turmoil
The dollar fell against the euro on Thursday on investor nervousness in the face of persistent turmoil in the US financial markets and concern over the health of its banking system more... (D)

 

PML-N urges Asif to quit PPP's co-chairmanship
The Pakistan Muslim League-N has called upon President Asif Ali Zardari to quit his party office before addressing the joint session of the parliament on Saturday more... (D)

PML-Q MPs ask Sharifs to show flexibility
:The Pakistan Muslim League (Quaid-i-Azam) faces collapse if it does not immediately take side in the soon-to-unfold battle for supremacy in Punjab, say party insiders more... (D)

Pervaiz cries foul amid arrests in Gujrat
PML-Q leader Pervaiz Elahi on Thursday accused the Punjab government of resorting to political victimisation by arresting over 175 party workers from Gujrat more... (BR)

 
sector Briefing

PPL declares 10 percent bonus on shares
The 57th Annual General Meeting (AGM) of Pakistan Petroleum Limited (PPL) approved 10 percent bonus on shares in addition to the two interim dividends of 155 percent on Ordinary Share Capital already paid to the shareholders during the year 2007-08 more... (BR)

Prime Minister tells ministry to ensure uniform power tariff across country
Prime Minister Syed Yousuf Raza Gilani on Thursday asked the Ministry of Water and Power to ensure that uniform electricity tariff both during peak and off-peak hours, is applied to the whole country. He also directed the ministry and Wapda to ensure that peak hours are widely publicised to encourage conservation of electricity more... (BR)

Govt pockets 33pc on petrol price: Levies on actual rate
The government is pocketing 33 per cent in the shape of various levies on actual sale price of motor gasoline at Rs81.66 per litre, and on the high-speed diesel (HSD), it is charging Rs9.40 more... (D)

 

(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