Business Sector:
Forex reserves down by $133.9m

Monetary policy further tightened

Engro unveils Rs. 3.4 bn expansion plan

BOCP to invest Rs. 214 million in Pakistan

Six steel products' prices raised again: Third increase in one month

Pakistan has finalized its 1st deal of sugar export in last 5 years

Pakistan could export 300,000 tonnes of Sugar in next nine months

SNGPL listen in top-100 businesses

Privatization Commission has decided to start GDR process of KAPCO

Cement per bag price mounts to Rs.240, up by Rs.20

Stocks:
KSE witnessed negative trend in the first half

KSE to introduce Stock Index Futures soon.

SCRA stand at $(60.20) mln FY08TD-SBP.

Politics:
UN probe demanded into Benazir murder case in Senate.

Lawyers observe Chaudhry Iftikhar Day

World:
US, Russia to hold formal economic talks

US Central Bank cut its Fund rate by another 50 basis pts to stand at 3%

IMF lowers global growth outlook to 4.1% from 4.4% for the year 2008-IMF

Banks:
Discount rate increase by 50 basis points to stand at 10.50% for 2HFY08-SBP Governor

SBP has developed a relief package for firms affected from Dec. 27 onwards violence

SBP establishes Consumer Protection Department.

Announcements at KSE:
FFC announced 15% profit, recommends 35pc dividend

Energy Sector:
Oil & Gas Marketing companies are planning to open 300-400 LPG auto stations in next 3 years - Industry Sources

PARCO to set up less-sulphur-content diesel plant, agreement signed with consortium