BasedLine
Date: 11-Apr-2011
KSE-100 Index
Previous Index 11,848.84
Current Index
11,905.86
Change % 0.48%
YTD (CY11) -0.97%
YTD (FY11) 22.46%
KSE-100 Index
Previous Index 20,045.89
Current Index 20,144.14
Change % 0.49%
YTD (CY11) 7.12%
YTD (FY11) 37.78%
International Indicators
 
Close
%age
BSE-30 19,451.45 -0.71
HANGSENG 24,396.10 0.50
NIKKEI 225 9,768.08 1.90
FTSE 6,007.37 -0.56
DJIA 12,380.05 -0.24
SSEC 3,030.02 0.94
NASDAQ 2,780.41 -0.24
 
Close
%age
TASI 6,606.69 -0.03
KSE(Kuwait) 6,339.30 -0.14
BSE 1,419.17 0.57
MSM 6,326.05 0.26
ADX 2,608.50 0.44
DFM 1,569.80 0.93
QSE 8,744.48 0.87
Capital Market Overview

Thin trade witnessed as market falls 84 points

Bearish activity was witnessed on Thursday amid yet another dull session in the absence of any triggers.

The Karachi Stock Exchange's (KSE) benchmark 100-share index fell 0.71 per cent or 84.34 points to end at the 11848.84-point level. more... (ET)

NAVs and Returns
as of Apr 09, 2011
Funds Offer Redemption
POAIIF
51.5953/-
51.0793/-
YTD Return
8.70%
POIAAF
63.52/-
61.93/-
YTD Return
17.36%
POAAAF
59.09/-
57.61/-
YTD Return
14.65%
POAF
10.66/-
YTD Return
6.85%
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
34.62
2,937
51.60
3.85
-0.97%
KSE30
6.87
582
38.04
3.60
0.22%
KMI30
5.15
437
20.45
2.77
7.12%
KSE All
37.42
3,174
68.09
4.01
-0.77%
Apr 08, 2011
GDR
GDR Closing
GDR (USD)
KSE(Rs)
LSE(Rs)
YTD Chg.
MCB
2.60
207.99
110.29
-7.97%
OGDC
15.99
134.50
135.65
-20.18%
UBL
2.00
64.22
42.42
-5.88%
LUCK
1.70
70.37
36.06
-7.15%
Apr 08, 2011
F.I.P.I.  
(USD 000)
Buy Value
Sell Value
Net Value
Foreign Individiual
15.36
(1,220.68)
(1,205.32)
Foreign Corporates
2,867.60
(1,979.65)
887.95
Overseas Paksitani
217.57
(231.89)
(14.33)
Grand Total
3,100.52
(3,432.22)
(331.70)
F.I.P.I.
Foreign Investment              
Foreign Investors Portfolio Investment (FIPI USD mn)
CYTD
YoY Chg
MTD
Mom Chg.
07-Apr-11
08-Apr-11
Change
Gross Buy
284.45
78.78%
21.69
-24.61%
2.53
3.14
24.11%
Gross Sell
-215.49
19.99%
-15.99
-53.16%
-1.67
-3.48
-108.38%
Net Buy/(Sell)
68.96
-62.00%
5.70
-206.52%
0.86
-0.36
-141.86%
S.C.R.A
Country
During the Year July 10 to Date
06-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
62.19
-
-
48.18
-
-
14.01
0.11
0.64
-0.52
Switzerland
35.43
-
-
12.37
-
-
23.02
-
0.22
-0.22
UAE
5.03
-
-
6.98
-
-
-2.35
-
-
-
UK
135.35
165.15
-
115.95
202.63
2.85
-25.07
1.13
0.15
0.97
USA
371.33
-
12.27
206.41
-
17.12
160.06
1.82
1.84
-0.02
Total
666.91
165.26
12.27
438.40
202.63
21.54
176.82
3.14
2.90
0.24
News Clippings
Economy

CDWP approves 64 projects costing Rs236 billion

The Central Development Working Party (CDWP) has approved 64 projects with a cost of Rs236 billion, which includes foreign aid worth Rs107 billion. more... (ET)

Gas shortages hurting industry, workers

Hundreds of workers lost their jobs and 400 industrial units were closed down due to three-day gas suspension in Faisalabad, which started on Wednesday. more... (ET)

Reserves fall to $17.64bn

Pakistan's foreign exchange reserves eased to $17.64 billion in the week ending on April 2, from a record $17.95 billion the previous week, a senior central bank official said on Thursday. more... (FD)

 

 
Company & Sector Update

Licence regime proposed for LPG sector

As part of steps being taken to solve problems in the liquefied petroleum gas (LPG) market, the government has decided to work out a regulatory regime to ensure a transparent supply chain, according to Federal Minister for Privatisation Syed Naveed Qamar. more... (ET)

Govt prioritising exploration activities

The government is making all-out efforts to accelerate oil and gas exploration activities in different areas of the country to achieving self-reliance, according to Minister for Water and Power Syed Naveed Qamar. more... (ET)

China state co ready to invest $15bn in Pakistan energy sector

China Three Gorges Corp, the country's largest hydropower developer, is ready to invest $15 billion in Pakistan's troubled energy sector to add 10,000 megawatts to its grid in 10 years, a senior company official said on Thursday. more... (BR)

 

 
Political

Heads of 133 universities oppose HEC devolution
President Asif Ali Zardari promised to personally look into the issue of the devolution of the Higher Education Commission (HEC) even as the vice chancellors of 133 universities backed the HEC's demand to be spared from being devolved from the federal level to the provincial level of government. more... (ET)

Provinces get 3 ministries more

Parliamentary Commission constituted for sheer implementation of the 18th amendment Thursday formally decided for devolution of ministry of sports, environment and women affairs to provinces till the mid of the current month. more... (FD)

New push by politicians to buy costly bulletproof cars

Powerful politicians belonging to both the ruling party and its coalition partners have renewed their secret efforts to get the cash-starved government execute the multi-million-rupee project to buy bulletproof vehicles in the name of “vulnerable personalities”. more... (ET)

 

 
GCC

Violent protests have tarnished Oman's image
Recent violent protests and demonstrations have damaged Oman's image at a time when the government was hard at work to introduce reforms, according to Syed Fahd Bin Mahmoud Al Saeed, Deputy Prime Minister for the Council of Ministers. more... (Gulf News)

Pakistan President receives UAE Foreign Minister Thursday
President of Pakistan Asif Ali Zardari received Thursday evening UAE Foreign Minister Shaikh Abdullah Bin Zayed Al Nahyan. more... (Gulf News)

Dubai to raise $800m on road tolls

Dubai is to raise $800m by selling debt instruments backed by future revenues from road tolls to fund transportation infrastructure in the emirate. more... (Zawya)


 

Quote of the Day:

" To be successful you have to enjoy doing your best while at the same time contributing to something beyond yourself. " -Mihaly Csikszentmihalyi


 

 
Economic Highlights
Economic Indicators
GDP Growth FY11E
4.10%
GDP -2010
$176 bn
Per Capita Income
$ 1,051
Population
175.67mn
US$ Reserves (Apr 02, 2011)
$17.64 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 (Mar-11) 13.16%
   
CPI Gen. - FY11 (Jul- Mar 11) 14.20%
   
NFNE Core INFL - YoY (Mar 11) 9.50%
   
NFNE Core INFL -FY11 (Jul- Mar 11) 9.80%

Money Market

 
Price
Change
06-APR-11
07-APR-11
bps
Pakistan Euro Bond Price Yield (Maturity 2016)
89.3825
0.11%
9.91%
9.88%
-2.70
     
06-APR-11
07-APR-11
bps
Pakistan Credit Default Swap (CDS 5 year) (USD)    
875.00
875.00
0.00

KIBOR Rates (%)
1 month
3 month
6 month
1 Year
Bid
13.09
13.27
13.51
13.73
Offer
13.59
13.52
13.76
14.23

Inter Bank Money Market Rates (Last closing ) (%)
Overnight
1 Week
1-Month
3-Month
6-Month
1-Year
High  
13.90
13.35
13.35
13.30
13.45
13.45
Low  
13.50
13.25
13.10
13.05
13.15
13.20

Key Fx Rates
PKR/USD
PKR/EURO
PKR/JPY
PKR/GBP
PKR/AED
EURIBOR
LIBOR
Closing
84.90
121.79
1.0002
138.88
23.10
1.59
0.45

T Bill Rates (%)
3 month
6 month
12 month
Avg.
13.32
13.55
13.82
Last Cut Off.
13.30
13.69
13.87
Bond Rates (%) Cut Off
Bid
Offer
Previous
Current
5-Y PIB
14.05
13.90
14.29
14.11
10 Y-PIB
13.95
13.80
14.27
14.12

10 Yr Govt bond (%)
Japan
Germany
US
UK
Australia
India
Brazil
Pakistan
Yield
1.21
3.39
3.43
3.66
5.56
7.97
13.16
13.80
Change bps
2.30
-0.90
0.10
-1.10
5.50
-1.30
3.20
0.00

Commodities

     
06-APR-11
07-APR-11
change
WTI (USD/bbl)    
108.40
111.01
2.41%
     
Brent (USD/bbl)    
122.58
121.84
-0.60%
     
Arab Light (USD/bbl)    
116.78
117.28
0.43%

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)
382.63
373.75
2.37%
Urea Fertilizer (Rs/bag)
1,195.00
1,195.25
-0.02%
Gold 24cr (Rs./10gm) Khi
39,600.00
39,728.00
-0.32%
Rice IRRI -6(Rs/100kg)
3,330.00
3,324.00
0.18%
KCA Cotton (Rs/mound)
12,500.00
12,500.00
0.00%
International
Current
Previous
Change
Coal Spot(USD/ton)
122.00
122.90
-0.73%
Gold Futures (USD/oz)
1,458.07
1,459.70
-0.11%
Sugar 11 (USD/lb)
32.51
32.51
0.00%
Steel (USD/ton)
735.36
731.01
0.60%
Wheat (CBT) (USD/bu)
700.50
700.50
0.00%
PTA (USD/ton)
1,450.00
1,525.00
-4.92%
Copper (USD/ton)
9,650.50
9,586.00
0.67%

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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.