BasedLine
Date: 04-Apr-2011
KSE-100 Index
Previous Index 11,887.13
Current Index
11,809.54
Change % 0.66%
YTD (CY11) -1.13%
YTD (FY11) 22.27%
KSE-100 Index
Previous Index 20,063.68
Current Index 20,150.12
Change % 0.43%
YTD (CY11) 7.16%
YTD (FY11) 37.82%
International Indicators
 
Close
%age
BSE-30 19,420.39 -0.13
HANGSENG 23,801.90 1.17
NIKKEI 225 9,708.39 -0.48
FTSE 6,009.92 1.85
DJIA 12,376.72 0.46
SSEC 2,967.411 1.34
NASDAQ 2,789.60 0.31
 
Close
%age
TASI 6,616.57 -0.09
KSE(Kuwait) 6,271.10 -0.39
BSE 1,418.14 -0.46
MSM 6,228.82 1.00
ADX 2,608.72 0.06
DFM 1,554.45 -0.10
QSE 8,463.76 0.09
Capital Market Overview

KSE-100 climbs 3% amidst renewed interest

The stock market finally managed to break its bearish trend as the KSE-100 index climbed 3.05 per cent (333 points) during the week ended April 1, on the back of renewed investor interest. more... (ET)

NAVs and Returns
as of Apr 02, 2011
Funds Offer Redemption
POAIIF
53.3241/-
52.7909/-
YTD Return
8.67%
POIAAF
64.05/-
62.45/-
YTD Return
18.34%
POAAAF
59.48/-
57.99/-
YTD Return
15.40%
POAF
10.82/-
YTD Return
8.96%
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
34.30
2,925
63.26
3.38
-1.13%
KSE30
6.84
583
34.13
3.12
0.36%
KMI30
5.12
437
24.67
1.89
7.16%
KSE All
37.14
3,167
80.50
3.51
-0.98%
Apr 01, 2011
GDR
GDR Closing
GDR (USD)
KSE(Rs)
LSE(Rs)
YTD Chg.
MCB
2.60
207.54
110.87
-7.73%
OGDC
15.99
135.67
136.37
-18.73%
UBL
2.00
61.50
42.64
-7.45%
LUCK
1.70
67.48
36.25
-9.75%
Apr 01, 2011
F.I.P.I.  
(USD 000)
Buy Value
Sell Value
Net Value
Foreign Individiual
17.74
(48.72)
(30.98)
Foreign Corporates
5,246.53
(3,102.87)
2,143.65
Overseas Paksitani
268.81
(142.83)
125.98
Grand Total
5,533.08
(3,294.43)
2,238.65
F.I.P.I.
Foreign Investment              
Foreign Investors Portfolio Investment (FIPI USD mn)
CYTD
YoY Chg
MTD
Mom Chg.
31-Mar-11
01-Apr-11
Change
Gross Buy
268.31
86.76%
80.10
8.28%
5.10
5.57
9.21%
Gross Sell
-202.80
25.68%
-88.28
30.27%
-3.22
-3.32
-3.10%
Net Buy/(Sell)
65.51
-55.70%
-8.18
-231.61%
1.87
2.25
20.32%
S.C.R.A
Country
During the Year July 10 to Date
01-Apr-2011
Cumulative Inflow
Cumulative Outflow
Cumulative
Net flow
Inflow
Outflow
Net Flow
Equity
T-Bill
PIBs
Equity
T-Bill
PIBs
Equity
Equity
Hong Kong
40.12
0.10
-
32.69
-
-
7.54
-
-
-
Luxembourg
60.59
-
-
45.45
-
-
15.14
0.50
1.23
-0.74
Switzerland
34.96
-
-
12.16
-
-
22.77
-
0.14
-0.14
UAE
4.91
-
-
6.98
-
-
-2.47
-
-
-
UK
131.82
165.15
-
115.28
202.63
2.85
-27.95
1.47
2.62
-1.14
USA
367.68
-
12.27
202.82
-
17.12
160.00
0.07
1.20
-1.13
Total
655.79
165.26
12.27
431.15
202.63
21.54
172.96
2.07
5.20
-3.13
News Clippings
Economy

Economic planning: Govt needs to take a back seat

Pakistan's Planning Commission has started a dialogue with citizens — it is about the so-called New Development Framework, which focuses on economic growth. more... (ET)

Offshorers pour $3mn into KSE

Local bourses continued to tempt foreign investors in the outgoing week as overseas investors have made a net investment of $2.97 million, as per National Clearing Company of Pakistan Limited (NCCPL) data. more... (FD)

Tax evasion: Bring the pain

If the Federal Board of Revenue is to be successful in its drive against tax evasion, it must understand one simple fact: its job is not to be the business community's friend. The FBR must be a businessman's worst nightmare. more... (ET)

 
Company & Sector Update

Petroleum price boost pushes wheat price up

Latest hike in petroleum products prices sparking off boost in vegetable, fruits and other essential items has also affected wheat prices and different varieties of flour. more... (FD)

Afghan transit trade: Resolving the bottleneck

Islamabad has finally released 10,000 Afghanistan bound containers stranded at Karachi ports for the past three months ostensibly under pressure from the US, Khyber-Pakhtunkhwa traders and customs clearing agents said. more... (ET)

Withholding tax reduced from 3.5 to 1 per cent

The government has reduced withholding tax to one per cent from 3.5 per cent on all local supplies made by the textile, carpets, leather, sports and surgical goods sectors in a bid to make them competitive against influx of smuggled goods under the garb of Afghan transit trade. more... (ET)

 

 
Political

Govt to protect contractual obligations with petroleum cos: minister
Minister for Privatization, Water and Power Syed Naveed Qamar on Thursday assured the Petroleum Exploration and Production Companies Association (PPEPCA) that all contractual obligations would be protected in accordance with the law. more... (BR)

BISP will keep encouraging women to set up business: Zardari

President Asif Ali Zardari said on Sunday that the Benazir Income Support Programme (BISP) would support women to set up businesses and become productive citizens of society. more... (BR)

Development of Balochistan priority of govt: PM

: Prime Minister Syed Yusuf Raza Gilani has said that the development of Balochistan is the priority of the Government adding the introduction of Aghaz-e-Haqooe-e-Balochistan is the manifestation of the stern resolve of the Government. more... (BR)

 

 
GCC

GCC rejects Iran meddling
The Gulf Cooperation Council on Sunday expressed deep concern over what they called Iranian interference in their internal affairs. more... (Gulf News)

Al Waleed still tops Arab billionaires with $19.6b
Dubai Thirty-four wealthiest Arabs now control $127 billion (Dh466.09 billion), up from $115 billion last year, according to Forbes Arabia magazine. more... (Zawya)

Dubai SME and NBAD Join Hands to Promote Entrepreneurship
The MoU provides for collaboration and cooperation between Dubai SME and National Bank of Abu Dhabi to increase their reach to SMEs and encourage entrepreneurialism among young Emiratis. more... (Zawya)


 

Quote of the Day:

" To be successful, you have to be able to relate to people; they have to be satisfied with your personality to be able to do business with you and to build a relationship with mutual trust." -George Ross



 

 
Economic Highlights
Economic Indicators
GDP Growth FY11E
4.10%
GDP -2010
$176 bn
Per Capita Income
$ 1,051
Population
175.63mn
US$ Reserves (Mar 26, 2011)
$17.95 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- Feb 11)
$1.23bn
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
31-MAR-11
01-APR-11
bps
Pakistan Euro Bond Price Yield (Maturity 2016)
88.25
0.14%
10.22%
10.19%
-3.30
     
31-MAR-11
01-APR-11
bps
Pakistan Credit Default Swap (CDS 5 year) (USD)    
925.00
895.10
-29.91

KIBOR Rates (%)
1 month
3 month
6 month
1 Year
Bid
13.11
13.27
13.49
13.75
Offer
13.61
13.52
13.74
14.25

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
85.32
121.32
1.03
137.65
23.24
1.56
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
1.16
3.34
3.32
3.63
5.50
7.98
13.01
13.80
Change bps
2.40
1.80
-1.70
2.80
5.10
0.00
4.00
0.00

Commodities

     
31-MAR-11
01-APR-11
change
WTI (USD/bbl)    
107.03
108.30
1.18%
     
Brent (USD/bbl)    
117.18
118.70
1.30%
     
Arab Light (USD/bbl)    
111.89
114.35
2.20%

Domestic
Current
Previous
Change
High Speed Diesel (litre)
92.89
82.22
12.98%
Furnace Oil (Rs/ton)
68,753.88
68,027.31
1.07%
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
39,171.00
39,171.00
0.00%
Rice IRRI -6(Rs/100kg)
3,307.00
3,319.00
-0.36%
KCA Cotton (Rs/mound)
12,500.00
12,500.00
0.00%
International
Current
Previous
Change
Coal Spot(USD/ton)
122.90
124.75
-1.48%
Gold Futures (USD/oz)
1,428.80
1,432.30
-0.24%
Sugar 11 (USD/lb)
32.51
32.51
0.00%
Steel (USD/ton)
727.58
728.89
-0.18%
Wheat (CBT) (USD/bu)
700.50
700.50
0.00%
PTA (USD/ton)
1,525.00
1,530.00
-0.33%
Copper (USD/ton)
9,343.25
9,413.25
-0.74%

Kindly Click here for PDF Version

(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.