YEAR END REVIEW

S.M. ABBAS ZAIDI, S.KAMAL HAYDER KAZMI
Research Analyst
, PAGE
Dec 29 - Jan 04, 2009

PRICES OF OIL PRODUCTS IN PAKISTAN
PRODUCTS JP-1 JP-4 JP-8 PREMIUM MOTOR GASOLINE HOBC KEROSENE OIL LIGHT DIESEL OIL
Jan-08 48.85 51.73 56.64 53.70 64.88 35.23 32.57
Feb-08 47.39 51.06 55.11 53.70 64.88 35.23 32.57
Mar-08 52.77 55.46 60.75 58.70 69.88 38.78 36.07
April-08 59.47 59.17 67.94 62.81 74.77 41.44 38.59
May-08 67.33 65.70 76.20 68.81 80.77 41.44 44.59
June-08 84.90 80.05 94.81 68.81 80.77 41.44 44.59
July-08 82.10 76.79 87.79 75.69 88.85 49.73 49.05
Aug-08 86.11 79.45 92.16 86.66 96.08 58.37 56.50
Sep-08 75.34 72.13 81.39 86.66 96.08 58.37 56.50
Oct -08 69.01 64.36 75.04 81.66 96.08 61.87 60.00
Nov-08 50.90 42.66 57.01 76.66 96.08 61.87 60.00
Dec-08 42.54 33.55 48.48 57.66 72.08 51.87 48.00
16 Dec-08 36.40 30.78 42.34 57.66 72.08 51.87 48.00
Source: OGRA


EXPORTS & IMPORTS OF PAKISTAN DURING 2008

(MILLION US $)

PERIOD EXPORTS (F.O.B.) GROWTH RATE IMPORTS (F.O.B) GROWTH RATE BALANCE OF TRADE
VALUE CUMULATIVE VALUE CUMULATIVE
8-Jan 1,633 10,869 7.4 3,352 18,825 13.6 -1,719
8-Feb 1,612 12,482 -1.3 2,951 21,776 -12 -1,339
8-Mar 1,833 14,315 13.7 3,549 25,325 20.2 -1,716
8-Apr 1,862 16,176 1.6 3,406 28,731 -4 -1,544
8-May 1,959 18,136 5.2 3,241 31,972 -4.8 -1,282
8-Jun 1,987 20,122 1.4 3,445 35,417 6.3 -1,459
Jul-08 P 1,915 1,915 -3.6 3,143 3,143 -8.8 -1,229
Aug-08 P 1,740 3,655 -9.1 3,152 6,296 0.3 -1,412
Sep-08 P 1,954 5,609 12.3 3,555 9,851 12.8 -1,602
Oct-08 P 1,427 7,036 -27 3,113 12,964 -12.4 -1,686
Nov-08 P 1,595 8,631 11.8 2,269 15,233 -27.1 -674
P: Provisional
Source: SBP

INFLATION (CPI %) SEPTEMBER, 2008-09
  2007-08 SEPTEMBER JULY-SEPTEMBER
Target 2007-08 2008-09 2007-08 2008-09
Overall Inflation 12.0 11.0 8.3 23.9 7.1 24.5
Food Inflation 17.6 - 12.9 29.9 10.0 32.6
Non-Food Inflation 7.8 - 5.0 19.2 4.9 18.4
Non-food, on-energy inflation 8.1 - 5.4 18.9 5.3 18.0
Source: Ministry of Finance


KSE 100 INDEX
MONTHS INDEX
1-Jan 13,666.43
31-Jan 14,017.01
1-Feb 13,974.41
29-Feb 14,934.30
3-Mar 14,816.43
31-Mar 15,125.29
1-Apr 15,209.86
30-Apr 15,122.47
2-May 14,956.82
30-May 12,130.51
2-Jun 12,281.20
30-Jun 12,289.03
1-Jul 12,289.03
31-Jul 10,583.58
1-Aug 10,171.39
29-Aug 9,208.26
1-Sep 9,210.15
30-Sep 9,179.68
Oct 9182.88
Nov 9183.14
15-Dec 8817.10
23-Dec 6924.15
Source: KSE

PER BARRAL OIL PRICES IN 2008 ($)

8-Jan

88.35

8-Feb

90.64

8-Mar

99.03

8-Apr

105.16

8-May

119.39

8-Jun

128.33

8-Jul

131.22

8-Aug

112.41

8-Sep

96.85

8-Oct

69.16

8-Nov

49.76

8-Dec

39.84

Source: OPEC


KSE DURING 2008
MONTH DATE MAR CAP (bn) TURNOVER (mn)
Jan 1 4,204.52 322.487
31 4297.493 158.372
Feb 1 4,287.83 130.21
29 4,618.94 335.109
Mar 3 4,583.89 196.083
31 4,622.92 202.617
Apr 1 4,652.92 218.399
30 4,634.77 219.379
May 2 4,585.71 201.015
30 3,746.20 226.041
June 2 3,971.25 133.318
30 3,777.70 11.485
July 1 3,759.24 46.952
31 3,301.91 115.201
Aug 1 3,178.49 72.835
29 2,881.58 23.863
Sep 1 2882.36 23.619
30 2,847.34 0.985
Oct 6 2,846.28 1.56
Nov 28 2,880.39 0.37
Dec 15 2,702.28 17.86
Source KSE