BasedLine
LOGO
September 30, 2008 

Statistics
KSE 100 Index
Previous. Index
9,184.15
Current Index
9,182.00
Change %
(0.02)%
YTD ( CY' 08)
(34.77)%
YTD ( FY' 09)
(25.28)%

International Indicates
 
Close
Percentage
BSE-30
12,595.75
(3.87)%
HANGSENG
17,880.68
(4.30)%
NIKKEI 255
11,743.61
(1.30)%
FTSE
4,818.80
(5.30)%
DJI
10,365.45
(6.98)%
TSX
12,126.00
0.00%
KLSE
1,019.72
(0.08)%

S.C.R.A
26-09-2008
(4.73)
September
(14.33)
YTD
(232.80)

Money Market Updates
Tbill Cut-off
 
1 year
11.83%
6 month
12.69%
KIBOR ( 3 months)
14.33%
KIBOR ( 6 months)
14.39%
PIB (10 years)
14.40%

Exchange Rates
Rs/US
77.40
RS/UK
137.23
RS/EURO
109.37
RS/OMAN RIYAL
203.57

commodities
Oil
$95.83/barrel
Oil Change in %
(9.64)%
Gold
$908.50/ounce
Gold Change in %
3.19%

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)
8.82
GDP Growth FY 09E
5.8%
Per Capita Income
$1085
Population
164.36mn
Trade Deficit
$(3.52)bn
Curr. A/C (Jul'09-Aug'09)
$(2.57)bn
Remittances
$1.22bn
Foreign Investment
$0.64 bn
Bank Deposits
(Jan, 19,08)
Rs.3,699. bn

International Indicates
 
Offer
Redemption
POBOP
52.19/-
51.67/-
Return YTD
11.18%
 
NAV
POAF
10.53
Retun YTD
-

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

Economy

Wheat support price raised to Rs 950 per 40kg
The government on Monday fixed wheat support price at Rs 950 per 40-kg, increasing from earlier Rs 625 and made a passionate appeal to the farmers to increasing crop yield target by three million tonnes to ensure food security more... (BR)

Oil drops nearly 10 percent
Oil prices dropped nearly 10 percent on Monday after the US House of Representatives rejected the $700 billion rescue package for the financial sector. US stocks plunged after lawmakers voted against the bailout and major US and European banks needed emergency deals to stave off collapse, sending investors fleeing to the safety of gold and debt more... (BR)

US House kills $700bn bailout
The US House of Representatives on Monday rejected a massive $700 billion bailout package, delivering a severe blow to the Bush administration’s efforts to rescue troubled financial more... (BR)

 

Bush, Singh not sure of Zardari clout: reports
US President George W. Bush and Indian Prime Minister Manmohan Singh had, during their White House discussions on September 25, discussed if President Asif Ali Zardari would more... (D)

Nisar accuses Zardari of acting like Musharraf
Leader of the opposition Chaudhry Nisar Ali Khan has accused President Asif Ali Zardari of bypassing parliament while taking decisions on major issues more... (D)

 
sector Briefing

Bosicar shows profit of Rs 15.121 million
Bosicor Pakistan Limited has registered a profit of Rs 15.121 million after tax in the year ended June 30, 2008, as compared to a loss of Rs 681.266 million in the corresponding period last year. The board of directors of the company declared that the per share earning of the company increased by Re 0.04 in the period under review against the per share loss of Rs 2.37 in the same period last year more... (BR)

SSGC posts Rs 991.067 million after tax profit
Sui Southern Gas Company Limited has posted Rs 991.067 million profit after tax in the year ended June 30, 2008 as compared to Rs 290.379 million in the corresponding period last year. The company's earning per share increased to Rs 1.48 in the period under review against Re 0.43 in the same period last year more... (BR)

SNGPL earn Rs 2.496 billion after tax profit
Sui Northern Gas Pipelines Limited (SNGPL) has earned Rs 2.496 billion profit after tax in the year ended June 30, 2008 as compared to Rs 2.678 billion in the corresponding period last year. The company's earning per share stood at Rs 4.55 in the period under review as against Rs 4.88 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