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October 06, 2008 

Statistics
KSE 100 Index
Previous. Index
9,179.68
Current Index
9,178.97
Change %
(0.03)%
YTD ( CY' 08)
(34.78)%
YTD ( FY' 09)
(25.30)%

International Indicates
 
Close
Percentage
BSE-30
11,827.68
(5.58)%
HANGSENG
16,803.76
(5.00)%
NIKKEI 255
10,473.09
(4.25)%
FTSE
4,589.20
(7.85)%
DJI
9,955.50
(3.58)%
TSX
10,803.35
(0.89)%
KLSE
1,016.70
(0.19)%

S.C.R.A
30-09-2008
(1.94)
September
(16.02)
YTD
(234.48)

Money Market Updates
Tbill Cut-off
 
1 year
11.83%
6 month
12.69%
KIBOR ( 3 months)
14.59%
KIBOR ( 6 months)
14.64%
PIB (10 years)
14.40%

Exchange Rates
Rs/US
78.10
RS/UK
134.91
RS/EURO
104.55
RS/OMAN RIYAL
201.45

commodities
Oil
$88.88/barrel
Oil Change in %
(3.39)%
Gold
$864.20/ounce
Gold Change in %
3.50%

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)
8.13
GDP Growth FY 09E
5.8%
Per Capita Income
$1085
Population
164.50mn
Trade Deficit
$(3.52)bn
Curr. A/C (Jul'08-Aug'08)
$(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
52.32/-
51.79/-
Return YTD
11.40%
 
NAV
POAF
10.56
Retun YTD
-

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

Economy

Country ships out rice worth $562mn
The country's rice exports have surged to a staggering $562 million this month, according to Mian Muhammad Azhar, the Chairman of the Rice Exporters Association of Pakistan (REAP). Chairman Reap talking to private TV news channel, said that in September alone 0.2mn metric tonne basmati rice was exported at an average price of $1,460 a tonne compared to $667 last year.Meanwhile, the sale of non-basmati rice was reported at 0.3mn metric tonnes at $772/tonne as compared $370 previously more... (FD)

Outlanders separate $243mn from bourses1QFY09
Portfolio investments kept oozing out during the first quarter of fiscal year 2009 as foreign investors ejected $243.48 million from the Pakistani equity market amid deteriorating economic situation and prolonged political uncertainty more... (FD)

Punjab govt acts to check wheat prices
The subsidy pattern announced to control surge in wheat prices by Punjab government would prove beneficial if implemented properly. The government has fixed the price of 20 kg flour bag at Rs420. However the subsidised 20 kg flour bag is given at Rs250 to the registered "Nanbais" more... (FD)

 

Zardari, Gilani discuss security challenge
President Asif Ali Zardari and Prime Minister Yousuf Raza Gilani discussed on Sunday matters relating to the forthcoming joint session of parliament to be held to review the security situation more... (D)

‘Joint session of parliament useless’
The planned joint session of parliament is useless because decisions are being taken outside parliament, says a religious leader more... (D)

Opposition will be taken in confidence regarding to joint session
President Asif Ali Zardari has said that all institutions and departments would work jointly to overcome crises being faced the nation, adding that, balance of power would also be ensured among the all institutions more... (FD)

 
sector Briefing

Fertilisers still on fire; DAP up 138pc YoYKhudayar Mohla
Average price of diammonium phosphate (DAP) fertiliser in different parts of the country surged by 138.78 per cent and stood at Rs3097.58/bag on YoY basis 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