BasedLine
LOGO
June 30, 2009

Statistics
KSE 100 Index
Previous Index
7,163.04
Current Index
7,206.17
Change %
0.60%
YTD (CY09)
22.90%
YTD (FY09)
(41.40)%

International Indicates
 
Close
Percentage
BSE-30
14,785.74.
0.14%
HANGSENG
18,528.51
(0.39)%
NIKKEI 255
9,783.47
(0.95)%
FTSE
4,294.03
1.25%
DJI
8,529.38
1.08%
SSEC
2,975.31
1.61%
NASDAQ
1,844.06
0.32%

S.C.R.A
26-06-2009
9.95
June-09
36.73
YTD
(548.74)

Money Market Updates
Tbill Cut-off
 
1 year
12.24%
6 month
12.43%
KIBOR (3 months)
12.75%
KIBOR (6 months)
12.75%
PIB (10 years)
12.63%

Exchange Rates
Rs/US
81.60
Rs/UK
133.80
Rs/EURO
113.86
Rs/OMAN RIYAL
211.87

commodities
Oil
$72.80/barrel
Oil Change in %
1.83%
Gold
$9942.10/ounce
Gold Change in %
0.15%

Inflation
CPI Gen. May 09(YOY)
14.40%
CPI Gen. (Jul-May 09)
21.60%
NFNE Core INFL May 09 (YOY)
16.60%
NFNE Core INFL (Jul-May 09)
17.70%

Economic Indicators
US$ Reserves (Billion)
11.64
GDP Growth FY09E
4.2%
Per Capita Income
$1,085
Population
165.17mn
Trade Deficit (Jul-May 09)
$(15.22)bn
Curr. A/C (Jul-May 09)
$(8.22)bn
Remittances (Jul-May 09)
$7.08bn
Foreign Investment (Jul-May 09)
$2.22bn
All Scheduled Banks Deposit Base (June 20, 08)
Rs.4,052bn

Daily Returns and NAVs
as of June 29, 2009
 
Offer
Redemption
POBOP
51.1752/-
50.6634/-
Daily Return
19.96%
POASF
62.46/-
60.90/-
Daily Return
18.01%
POAIF
56.95/-
55.53/-
Daily Return
17.55%
POAIIF
55.6008/-
55.0448/-
Daily Return
84.55%
POAF
10.8368/-
Daily Return
(36.46)%
* Daily Returns are calculated as per MUFAP guidelines

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

Economy

IMF seeks information on stock market, NSS, Nepra tariff: meeting in Istanbul on July 3
The International Monetary Fund (IMF), which is to quiz Pakistan's economic managers, led by Advisor to Prime Minister on Finance, Shaukat Tarin, on July 3, 2009, in Istanbul, has sought detailed information on the amount used by the public fund (NIT)-SEF for interventions in the stock market, their impact, stocks holdings by foreigners of shares listed on the Karachi Stock Exchange (KSE), and status of reforms of broker financing (badla), official sources told Business Recorder more...

Domestic debt hits record high
Country's domestic debt jumped by Rs618.3 billion to a historic Rs3.884 trillion during the period July to May of Financial Year 2008-09, the State Bank of Pakistan (SBP) reported Monday. The domestic debt which was Rs3.26 trillion by the end of June 2008 vaulted to Rs3.884 trillion by the end of May 2009 more... (FD)

Petrol, diesel prices to rise Rs6 per litre
The month of July will see rising petrol prices according to the latest announcement made by Ogra more... (D)

'No US money being used on nuclear command and control systems'
Pakistan on Monday rejected as "malafide" reports that US money was being used to enhance safety and security of country's nuclear programme, saying its command and control systems were completely indigenous. "We are fully capable of looking after the safety and security of our strategic assets ourselves," a statement from Foreign Office said more... (BR)

Operation to continue till militants eliminated: Zardari
‘Either the militants have to lay down arms and accept the state’s authority or they have to be exterminated.’ more... (D)

Settlement of Kashmir dispute vital to development of South Asia
Speakers at a seminar have underlined the need to settle Kashmir dispute amicably through dialogue process to bring sustainable development and security in South Asia. Dr Sheikh Shaukat Hussain, a professor of Kashmir University, speaking at the seminar on "Kashmir - The Way Forward" organised by Greater Kashmir Foundation in occupied Srinagar, said that India was buying time since 1947 to delay the resolution of the dispute, KMS reported more... (BR)

sector Briefing

SECP suspends registration of five brokerage houses
The Securities and Exchange Commission of Pakistan (SECP) has suspended the registration of five members of Karachi Stock Exchange (KSE) till the claims against them in the light of the investors' complaints are ascertained and settled in accordance with law more... (BR)

Orix Bank & Orix Leasing merger approved
In separate extraordinary general meetings held on Monday, the majority shareholders of both companies-Orix Investment Bank Pakistan (OIB) and Orix Leasing Pakistan Limited (OLP)-approved the amalgamation of Orix Investment Bank Pakistan Limited (OIB) with and into Orix Leasing Pakistan Limited (OLP) more... (BR)

Export Investment Support Fund to be set up for textiles
Federal Advisor on Textiles Mirza Ikhtiar Baig announces Rs. 40 billion fund and other incentives more... (D)

 
(D): Dawn, (BR): Business Recorder, (FD): The Financial Daily, (DT) Daily Times
Research Team:
Shoaib Ali Khan
Department Head

Shayan Hasan
Sernior Analyst
Imran Altaf
Analyst
Faiz Malik
Database Manager
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