Aug 11 , 2010
KSE-100 Index
Previous Index 10,026.20
Current Index 9,892.32
Change % (1.34)%
YTD (CY10) 5.38%
YTD (FY11) 1.75%

International Indicators
  Close %age
BSE-30 18,219.99 (0.37)
HANGSENG 21,473.60 (1.50)
NIKKEI 255 9,551.05 (0.22)
FTSE 5,376.41 (0.63)
DJIA 10,644.25 (0.51)
SSEC 2,595.81 (1.06)
NASDAQ 2,277.17 (1.24)

August 09 , 2010 0.48
August, 2010 5.02
YTD (FY10) 42.20

Money Market Updates
6m T-bill 28-Jul-10 12.33%
12m T-bil 28-Jul-10 12.45%
3m KIBOR 12.70%
6m KIBOR 12.83%
10 yrs PIB 12.97%

Exchange Rates
Inter-Bank Currency Rates
PKR/EUR 112.77
PKR/GBP 135.45
PKR/USD 85.75
PKR/OMR 220.4

Oil $79.92/barrel
Change in % (1.42)
Gold $1,205.20/ounce
Change in % 0.18

CPI Gen. - YoY (Jun-10) 12.7%
CPI Gen. - FY10 (Jul -09-June 10) 11.7%
NFNE Core INFL - YoY (June-10) 10.4%
NFNE Core INFL - FY10 (Jul-09-June-10) 11.0%

Economic Indicators
GDP Growth FY10E 4.10 %
Per Capita Income $ 1,051
Population 170.18mn
US$ Reserves (July 30, 2010) $16.50bn
Trade Balance (Jul-Jun 10) $(15.33)bn
Curr. A/C (Jul-Jun-10) $(3.51)bn
Remittances (Jul -June 10) $8.91bn
Foreign Investment (Jul -Jun-10) $2.14bn
All Sch. Banks Deposit Base (July 23, 2010) Rs4,646bn

NAVs and Returns
as of August 09, 2010
Funds Offer Redemption
POAIIF 51.0817/-   51.0817/-
Daily Return 7.56%
POAIF 53.58/- 52.24/-
Daily Return (55.81)%
POASF 52.37/- 51.06/-
Daily Return (42.84)%
POAF 11.2290 /-
Daily Return 9.17%
*Daily Returns are calculated as per MUFAP guidelines

Funds Rating
AMC Ratings AM3
POAIIF-Fund Rating A+ (f)
POAF Fund Rating AA-

FBR to unveil new revenue management procedure
The Federal Board of Revenue has decided to issue a new procedure for securing computerised revenue collection record and a foolproof mechanism for maintaining authentic data of cash collection of federal taxes to avoid incidence of misreporting by field formations. more... (BR)

Jul inflation seen up at 12.34pc YoY
Pakistan's consumer price index (CPI), the key indicator of inflation, likely rose by 12.34 per cent year-on-year in July, a slower rise than in June, thanks to a high base affect, according to a Reuters' poll.
July consumer prices were seen rising 12.34 per cent from a year earlier, according to the median of a survey of 10 analysts and economists. The CPI rose by 12.69 percent in June.. more... (TFD)

IMF says it’s set to loan assistance
The International Monetary Fund Monday said that it stands ready to assist Pakistan and its staff has been in touch with Pakistani leadership to assess the situation and discuss ways to help . more... (TFD)







Taliban urge government to reject US aid
he outlawed Tehreek-e-Taliban Pakistan (TTP) on Tuesday urged the government to reject American aid for people affected by deadly floods. more... (T)

BNP leader shot dead in Khuzdar
Attaullah Baloch was riddled with bullets by some gunmen riding a motorbike when he was on way home in his vehicle. more... (D)

Chinese ambassador assured full support to Pakistan

Zhaohui said the people of Pakistan will never be left alone and China is devising a comprehensive plan to help floods victims. more... (D)








Sector Briefing

Cotton industry’s Rs10bn may sink
Prices up Rs200/maund in Punjab due to floods
KARACHI: The cotton industry in Pakistan, the world's fourth-biggest grower, may lose as much as Rs10 billion ($117 million) this season after the worst floods in eight decades, according to FCStone Group Inc . more... (TFD)

SSGC managing director sees serious gas supply problem in winter
Problems regarding the supply of gas in the coming winter would become more serious as compared to the last year, as the demand and supply gap has started to widen, said Managing Director Sui Southern Gas Company (SSGC) Dr Faiz Ullah Abbasi. Addressing the business community on Tuesday, he said it was predicted that gap between the demand and supply of gas would increase in 2010, and added that planning is under way to minimise this gap. more... (BR)

Bullish trend persists on cotton market

Panic buying by mills helped the rates maintain firmness on the cotton market on Tuesday amid tight supply and strong demand, dealers said. The Karachi Cotton Association (KCA) official spot rate surge was maintained by, raising Rs 150 to Rs 6,900, increase for the second day in a row, they said. In the ready business approximately 5,700 bales of cotton changed hands between Rs 6200-7300. more... (BR)

KSE Notices

Lucky Cement Limited - Financial result for the half year ended June 30, 2010
Board of directors have approved the financial result for the year ended June 30, 2010. PAT PKR3.14bn EPS PKR49.70 Cash Dividend of PKR4.00 more... (KSE)

Pakistan Oilfeilds Limited
Mr. Sajjad Nawaz have resigned as Director of Pakistan Oilfields Limited. more... (KSE)



(BR) Business Recorder, (D) Dawn, (N) The News, (DT) Daily Times, (FD) The Financial Daily, (KSE) Karachi Stock Exchange
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