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October 13, 2008 

Statistics
KSE 100 Index
Previous. Index
9,199.51
Current Index
9,181.35
Change %
(0.10)%
YTD ( CY' 08)
(34.71)%
YTD ( FY' 09)
(25.21)%

International Indicates
 
Close
Percentage
BSE-30
10,527.85
(7.10)%
HANGSENG
14,796.87
(7.20)%
NIKKEI 255
8,276.43
(9.60)%
FTSE
3,932.10
(8.80)%
DJI
8,451.19
(1.49)%
TSX
9,065.16
(5.57)%
KLSE
934.01
(3.52)%

S.C.R.A
10-10-2008
11.43
October
0.89
YTD
(233.59)

Money Market Updates
Tbill Cut-off
 
1 year
11.83%
6 month
12.69%
KIBOR ( 3 months)
14.82%
KIBOR ( 6 months)
14.90%
PIB (10 years)
14.47%

Exchange Rates
Rs/US
79.20
RS/UK
135.06
RS/EURO
106.30
RS/OMAN RIYAL
207.28

commodities
Oil
$79.54/barrel
Oil Change in %
2.37%
Gold
$867.30/ounce
Gold Change in %
0.97%

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)
8.32
GDP Growth FY 09E
5.8%
Per Capita Income
$1,085
Population
164.56mn
Trade Deficit
$(5.55)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
52.4065/-
51.8824/-
Return YTD
11.50%
 
NAV
POAF
10.58
Retun YTD
-

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

Economy

World Bank renews pledge for $1.4bn loan
The World Bank, which is providing $1.4 billion loan for investment projects and budgetary support to Pakistan, has also identified lack of policy action over the past two more... (D)

CPI inflation jumps to 24.52 percent in three months
The CPI inflation jumped to 24.52 percent during the first three months - July-September 2008 - against 7.07 percent over the same period of last year on the back of continuous increase in the prices of commodities and services with food and energy on top, according to Federal Bureau of Statistics (FBS more... (BR)

SECP, KSE keep market open
With the stock market sinking deeper into the mire, a marathon meeting between the apex regulator Securities & Exchange Commission of Pakistan (SECP) and the Karachi Stock Exchange more... (D)

 

Opposition MPs flex muscle for frank debate: Joint session resumes today
After two days of listening to the military that many said informed them little, it will be the turn of parliament members to speak out on the so-called more... (D)

Pakistan expects India to abide by water agreements
Pakistan expects India to abide by international agreements on sharing of water in the Indus River system, President Asif Ali Zardari said Sunday more... (D)

 
sector Briefing

Cement and textile sectors face gas load shedding
Untimely shutting down the Qadirpur field for emergency maintenance has left the industrial sector in the lurch, as it forced Sui Northern Gas Pipeline Limited (SNGPL) to curtail gas supply to cement, textile, and many other industries from October 11 more... (BR)

Pakistan and China to sign Investment Protocol next week
Pakistan and China will ink an agreement on Investment Protocol during President Asif Zardari's visit to China next week. Pakistan's Ambassador to China Masood Khan told newsmen on Saturday that negotiation between senior officials of Ministries of Commerce of Pakistan and China had been completed on Investment Protocol to make free trade agreement (FTA) more comprehensive more... (BR)

CFS investment slips to Rs 12.9 billion
Total CFS investment at Karachi share market has declined to Rs 12.9 billion at the end of the outgoing week ended October 10, 2008. The CFS rates went up by a massive 89.9 percent at the end of the week, depicting a higher risk perception and dried up liquidity in the market 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