BasedLine
Date: 31-Mar-2011
KSE-100 Index
Previous Index 11,711.40
Current Index
11,808.61
Change % 0.83%
YTD (CY11) -1.78%
YTD (FY11) 21.46%
KSE-100 Index
Previous Index 19,645.62
Current Index 20,072.10
Change % 1.17%
YTD (CY11) 6.74%
YTD (FY11) 37.28%
International Indicators
 
Close
%age
BSE-30 19,290.18 0.89
HANGSENG 23,451.40 1.70
NIKKEI 225 9,708.79 2.60
FTSE 5,948.30 0.30
DJIA 12,350.61 0.58
SSEC 2,927.15 -0.97
NASDAQ 2,776.79 0.72
 
Close
%age
TASI 6,562.85 0.67
KSE(Kuwait) 6,294.50 -0.45
BSE 1,432.91 0.44
MSM 6,225.36 -1.79
ADX 2,632.92 0.07
DFM 1,542.94 -0.81
QSE 8,386.87 -0.14
Capital Market Overview

Economy positive for last couple of years

Despite several domestic and international challenges, the country's economy is gradually moving towards building basis on sound footings as suggested by the economic indicators. more... (BR)

NAVs and Returns
as of Mar 30, 2011
Funds Offer Redemption
POAIIF
53.2918/-
52.7589/-
YTD Return
8.69%
POIAAF
63.96/-
62.36/-
YTD Return
27.74%
POAAAF
59.36/-
57.88/-
YTD Return
20.30%
POAF
10.81/-
YTD Return
-3.61%
Funds Rating
AMC
AM3
POAIIF
A+ (f)
POAF
AA-
  Feb-11 Jan-11
MoM(%)
AUM's (PKR bn) 203.77 203.27 0.24%
No of AMCs 28 28 -
No of Funds 112 112 -
KSE Market Data
KSE Market Data
Capitalization
Volume
Traded Val.
KSE Return
 
(USD bn)
(Rs. bn)
(Sh. mn)
(Rs.bn)
(YTD)
KSE100
33.79
2,882
42.90
2.86
-1.78%
KSE30
6.80
580
31.35
2.65
-0.39%
KMI30
5.10
435
20.13
1.99
6.74%
KSE All
36.91
3,148
52.32
3.02
-1.60%
Mar 30, 2011
GDR
GDR Closing
GDR (USD)
KSE(Rs)
LSE(Rs)
YTD Chg.
MCB
2.60
205.71
110.87
-8.98%
OGDC
13.74
136.86
117.18
-18.78%
UBL
2.00
61.24
42.64
-10.24%
LUCK
2.35
68.03
50.11
-10.24%
Mar 30, 2011
F.I.P.I.  
(USD 000)
Buy Value
Sell Value
Net Value
Foreign Individiual
26.75
(101.24)
(74.49)
Foreign Corporates
2,312.67
(1950.68)
361,987
Overseas Paksitani
106.48
(157.87)
(51,397)
Grand Total
2445.89
(2209.80)
236,098
F.I.P.I.
Foreign Investment              
Foreign Investors Portfolio Investment (FIPI USD mn)
CYTD
YoY Chg
MTD
Mom Chg.
29-Mar-11
30-Mar-11
Change
Gross Buy
257.65
89.47%
66.44
5.32%
2.62
2.47
-5.72%
Gross Sell
-196.27
26.51%
-81.74
30.98%
-6.16
-2.23
-63.80%
Net Buy/(Sell)
61.39
-53.79%
-12.30
-449.04%
-3.54
0.24
93.22%
S.C.R.A
Country
During the Year July 10 to Date
29-Mar-2011
Cumulative Inflow
Cumulative Outflow
Cumulative
Net flow
Inflow
Outflow
Net Flow
Equity
T-Bill
PIBs
Equity
T-Bill
PIBs
Equity
Equity
Hong Kong
39.98
0.10
-
32.34
-
-
7.75
0.02
0.33
0.33
Luxembourg
59.76
-
-
41.83
-
-
17.93
0.10
0.09
0.01
Switzerland
34.96
-
-
12.01
-
-
22.91
0.01
-
0.01
UAE
4.44
-
-
6.93
-
-
-2.89
-
-
-
UK
129.17
165.15
-
112.58
202.63
2.85
-27.90
0.45
0.50
-0.05
USA
364.449
-
12.27
201.20
-
17.12
158.39
0.27
0.75
-0.48
Total
648.437
165.26
12.27
422.48
202.63
21.54
174.28
2.15
1.70
-0.46
News Clippings
Economy

ADB and World Bank lend $775 million for flood relief

The Asian Development Bank (ADB) approved a $650 million loan for Pakistan on Wednesday to help it rebuild its infrastructure more... (BR)

Import activity back to normal

After two weeks' suspension, import activities have resumed at ports as the Federal Board of Revenue (FBR) has temporarily restored sales tax zero-rating facility for five leading export oriented sectors with immediate effect. more... (BR)

Edible oil prices still high despite fall in world market

In spite of a considerable decline in international palm oil prices, the branded oil and ghee manufacturers are still going with old rates and making high profits, say market players. more... (ET)

 
Company & Sector Update

Parco starts green diesel project

Pak-Arab Refinery Company (Parco) has said that it has successfully commissioned the Diesel Hydro Desulphurisation (DHDS) project, which was completed well before time and within the allocated budget. . more... (ET)

Suzuki and Indus Motor earnings expected to fall

: Top two car assemblers, Pak Suzuki and Indus Motor , will witness a drop in earnings in fiscal 2011 due to rupee depreciation, hike in steel prices and the government's decision to increase age limit for used car imports to five years .more... (ET)

Pakistan likely to harvest good wheat crop: FAO

The Food and Agriculture Organisation (FAO) has said that a large-scale distribution of wheat seeds to the victims of last year's floods in Pakistan is expected to yield enough food for half a million poor rural households. more... (ET)

 

 
Political

Gilani, Singh firm on resolving issues through dialogue
Prime Minister Syed Yusuf Raza Gilani and his Indian counterpart Dr Manmohan Singh on Wednesday agreed on resolving all issues through dialogue and give their nations peace and prosperity. more... (BR)

Hajj scam: Kazmi sent on 14-day judicial remand

Former minister for religious affairs Hamid Saeed Kazmi, allegedly involved in the Hajj scam, was sent on a 14-day judicial remand on Wednesday. more... (ET)

Doctors extend strike to emergency wards

The Young Doctors' Association (YDA) Punjab on Wednesday decided to observe a complete strike extending its boycott of work at teaching hospitals to emergency wards. more... (ET)

 

 
GCC

Bahrain opposition head wants Iran, Saudi out
Bahrain's Shia opposition head Ali Salman on Wednesday warned Iran and Saudi Arabia against using his country as a "battlefield" in a proxy war. Salman urged Iran to keep out of the Sunni-ruled state's affairs and called on Saudi troops to leave the country. more... (BR)

UAE wants to expand Indian investments to new areas
Trade between the UAE and India has grown dramatically in the past few years. In 2009, Nearly 10 per cent of all commodities the UAE imported were from India and more than 14 per cent of all its exports were to India. more... (Zawya)

Egypt's military government promises 'near-September' poll
Egypt will hold a presidential election "within a month or two" of a parliamentary poll promised for September, the transitional military government said on Wednesday. more... (Gulf News)


 

Quote of the Day:

" Research your idea. See if there's a demand. A lot of people have great ideas, but they don't know if there's a need for it. You also have to research your competition". -Magic Johnson


 

 

 

 

 

 

 
Economic Highlights
Economic Indicators
GDP Growth FY11E
4.10%
GDP -2010
$176 bn
Per Capita Income
$ 1,051
Population
175.59mn
US$ Reserves (Mar 19, 2011)
$17.50 bn
Trade Balance (Jul 10- Feb 11)
($10.27bn)
Curr. A/C (Jul 10-Feb11)
($98mn)
Remittances (July 10- Feb 11)
$6.96bn
Foreign Investment (Jul 10- Jan 11)
$1.18bn
All Sch. Banks Deposit Base (Feb 4, 2011)
Rs5,046.86bn
Inflation
CPI Gen. - YoY (Feb-11) 12.91%
   
CPI Gen. - FY11 (Jul- Feb 11) 14.33%
   
NFNE Core INFL - YoY (Feb 11) 9.20%
   
NFNE Core INFL -FY11 (Jul- Feb 11) 9.80%

Money Market

 
Price
Change
29-MAR-11
30-MAR-11
bps
Pakistan Euro Bond Price Yield (Maturity 2016)
86.2713
-0.18%
10.70%
10.75%
5.00
     
29-MAR-11
30-MAR-11
bps
Pakistan Credit Default Swap (CDS 5 year) (USD)    
936.06
930.23
-5.83

KIBOR Rates (%)
1 month
3 month
6 month
1 Year
Bid
13.09
13.27
13.47
13.73
Offer
13.59
13.52
13.72
14.23

Inter Bank Money Market Rates (Last closing ) (%)
Overnight
1 Week
1-Month
3-Month
6-Month
1-Year
High  
13.90
13.60
13.35
13.30
13.45
13.45
Low  
13.90
13.30
13.10
13.05
13.15
13.20

Key Fx Rates
PKR/USD
PKR/EURO
PKR/JPY
PKR/GBP
PKR/AED
EURIBOR
LIBOR
Closing
85.38
120.40
1.04
136.64
23.20
1.54
0.46

T Bill Rates (%)
3 month
6 month
12 month
Avg.
13.18
13.55
13.70
Last Cut Off.
13.25
13.64
13.80
Bond Rates (%) Cut Off
Bid
Offer
Previous
Current
5-Y PIB
14.05
13.90
14.30
14.11
10 Y-PIB
13.95
13.80
14.36
14.12

10 Yr Govt bond (%)
Japan
Germony
US
UK
Australia
India
Brazil
Pakistan
Yield
1.14
3.31
3.31
3.58
5.49
8.02
13.00
13.80
Change bps
1.10
0.80
-5.40
4.00
6.10
1.30
13.00
0.00

Commodities

     
29-MAR-11
30-MAR-11
change
WTI (USD/bbl)    
104.30
104.70
0.38%
     
Brent (USD/bbl)    
114.99
115.27
0.24%
     
Arab Light (USD/bbl)    
110.19
110.14
-0.04%

Domestic
Current
Previous
Change
High Speed Diesel (litre)
82.22
86.09
-4.50%
Furnace Oil (Rs/ton)
68,027.31
66,210.30
2.74%
Cement (Rs. Bag Avg)
373.75
360.00
3.82%
Urea Fertilizer (Rs/bag)
1,195.25
1,096.67
8.99%
Gold 24cr (Rs./10gm) Khi
38,871.00
39,257.00
0.00%
Rice IRRI -6(Rs/100kg)
3,310.00
3,311.00
-0.03%
KCA Cotton (Rs/mound)
12,500.00
12,200.00
0.00%
International
Current
Previous
Change
Coal Spot(USD/ton)
122.90
124.75
-1.48%
Gold Futures (USD/oz)
1,423.02
1,418.50
0.32%
Sugar 11 (USD/lb)
32.51
32.51
0.00%
Steel (USD/ton)
724.97
741.41
0.08%
Wheat (CBT) (USD/bu)
700.50
700.50
0.00%
PTA (USD/ton)
1,525.00
1,530.00
-0.33%
Copper (USD/ton)
9,363.50
9,569.00
-2.15%

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

Separator
Disclaimer:
This Bizz Info 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 Bizz Info or any part of it should not be reproduced, published or distributed without prior permission.