BasedLine
Date: 13-Apr-2011
KSE-100 Index
Previous Index 11,868.77
Current Index
11,796.09
Change % -0.61%
YTD (CY11) -1.88%
YTD (FY11) 21.34%
KSE-100 Index
Previous Index 20,093.89
Current Index 19,987.63
Change % -0.53%
YTD (CY11) 6.29%
YTD (FY11) 36.71%
International Indicators
 
Close
%age
BSE-30 19,262.54 -0.97
HANGSENG 23,976.37 -1.34
NIKKEI 225 9,555.26 -1.70
FTSE 5,964.47 -1.50
DJIA 12,293.47 -0.71
SSEC 3,022.75 -0.24
NASDAQ 2,754.50 -0.61
 
Close
%age
TASI 6,590.65 -0.32
KSE(Kuwait) 6,364.60 -0.01
BSE 1,409.35 -0.69
MSM 6,372.97 0.69
ADX 2,632.44 0.50
DFM 1,590.48 1.11
QSE 8,771.80 -0.71
Capital Market Overview

Market watch: Bourse falls amid thin volumes

The stock market kicked off the week with a lacklustre session, in line with regional markets, amid low activity.The Karachi Stock Exchange's (KSE) benchmark 100-share index lost 0.27 per cent or 31.8 points to end at 11,874.07 points. more... (ET)

NAVs and Returns
as of Apr 12, 2011
Funds Offer Redemption
POAIIF
51.6646/-
51.1480/-
YTD Return
8.72%
POIAAF
63.66/-
62.07/-
YTD Return
17.62%
POAAAF
59.13/-
57.65/-
YTD Return
14.73%
POAF
10.72/-
YTD Return
7.50%
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
34.42
2,908
27.30
1.73
-1.88%
KSE30
6.83
577
18.90
1.58
-0.60%
KMI30
5.12
433
12.62
1.06
6.29%
KSE All
37.22
3,145
50.59
1.90
-1.64%
Apr 12, 2011
GDR
GDR Closing
GDR (USD)
KSE(Rs)
LSE(Rs)
YTD Chg.
MCB
2.60
205.42
110.27
-9.11%
OGDC
13.84
132.78
117.40
-21.20%
UBL
2.00
64.14
42.41
-5.99%
LUCK
1.70
70.04
36.05
-7.59%
Apr 12, 2011
F.I.P.I.  
(USD 000)
Buy Value
Sell Value
Net Value
Foreign Individiual
37.75
(31.48)
6.26
Foreign Corporates
1,376.81
(4,167.21)
(2,790.40)
Overseas Paksitani
193.50
(117.22)
76.29
Grand Total
1,608.06
(4,315.91)
(2,707.85)
F.I.P.I.
Foreign Investment              
Foreign Investors Portfolio Investment (FIPI USD mn)
CYTD
YoY Chg
MTD
Mom Chg.
11-Apr-11
12-Apr-11
Change
Gross Buy
287.73
73.56%
24.94
-34.25%
1.60
1.63
1.87%
Gross Sell
-221.31
6.96%
-21.81
-53.80%
-1.44
-4.38
-204.17%
Net Buy/(Sell)
66.41
-63.95%
3.13
-133.81%
0.16
-2.75
-1,818.75%
S.C.R.A
Country
During the Year July 10 to Date
11-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
-
32.71
-
-
7.52
0.001
0.02
-0.02
Luxembourg
62.69
-
-
49.96
-
-
12.83
0.29
0.57
-0.28
Switzerland
35.52
-
-
12.46
-
-
23.02
-
-
-
UAE
5.10
-
-
7.34
-
-
-1.49
-
-
-
UK
137.37
192.14
-
118.15
202.63
2.85
1.72
0.64
1.62
-0.97
USA
377.26
-
12.27
208.62
-
17.12
163.78
1.82
1.21
0.61
Total
676.74
192.24
12.27
445.39
202.63
21.54
207.91
2.76
3.73
-0.97
News Clippings
Economy

Rupee firms to 11-mth high; stocks end lower

Rupee gained on Tuesday to end near an eleven-month high, amid a lack of import payments and continuous healthy dollar inflows, dealers said. more... (BR)

New Pakistani program promises socio-economic uplift of poor

The Pakistani government has initiated grassroots projects for economic uplift of the poor and looks forward to international investment to multiply effects of the programs, a senior visiting official said. more... (BR)

EU still pushing trade boons for flood-hit Pakistan

The European Union is still pushing for approval from trading nations to grant trade preferences to Pakistan in the wake of devastating floods last summer, the bloc's top trade official said on Tuesday. more... (D)

 

 
Company & Sector Update

Nimir Industrial Chemicals sold for Rs6 million

Z M Associates has acquired a 59 per cent stake in Nimir Industrial Chemicals Limited for Rs6 million, a notice informed on Monday. more... (ET)

Sugar price down in market

Ex-mill sugar price down by Rs0.50 Aaj news reported on Tuesday. In wholesale market, sugar price fixed at Rs62.38, dealer said.100kg sugar bag price down to Rs6,280 from Rs6,338. more... (BR)

Load shedding continues as power shortfall reaches 27,00MW

The demand of the power supply has reached 13,490 MW and the power generation is 10,790MW bringing the power shortfall to 2700, Pakistan Electric Power Company (PEPCO) said. more... (N)

 

 
Political

Establishing a CNG station: OGRA has not issued a single licence since 2008
The Oil and Gas Regulatory Authority (Ogra) has not issued a single licence for opening a Compressed Natural Gas (CNG) stations in the country, except in Balochistan, since 2008, according to Minister for Water and Power Syed Naveed Qamar. more... (ET)

Revenue collection: Sindh CM orders action against corrupt officials

Taking notice of the revenue department's failure to meet collection targets, Sindh Chief Minister Syed Qaim Ali Shah has directed transfer and punishment of negligent and corrupt officials. more... (ET)

SC orders HEC to keep operating until law amendment

Supreme Court on Tuesday ordered Higher Education Commission (HEC) to restore all its privileges and to keep operating until the amendment in the law prevails, AAJ NEWS reported. more... (BR)

 

 
GCC

World powers in Doha to resolve Libya conflict
World leaders are meeting in Doha on Wednesday to discuss ways to end the impasse in Libya as a defiant Muammar Gaddafi holds on to power four weeks into a campaign of UN-approved air strikes. more... (Gulf News)

Sharjah plans special zones

Sharjah is planning to set up independent or special zones to attract foreign investment and has appointed international consultants to define the feasible primary and secondary sectors for investment, Shurooq CEO told Emirates 24/7. more... (Zawya)

Surge in oil prices lifts Saudi Q2 business confidence

Oil prices are likely to continue trading above $100 a barrel for the next six months, boding well for an upturn in the Saudi economy that would have knock-on benefits for sales and profits of businesses operating in the kingdom. more... (Zawya)


 

Quote of the Day:

" A man who dares to waste one hour of life has not discovered the value of life." -Charles Darwin


 

 
Economic Highlights
Economic Indicators
GDP Growth FY11E
4.10%
GDP -2010
$176 bn
Per Capita Income
$ 1,051
Population
175.71mn
US$ Reserves (Apr 02, 2011)
$17.64 bn
Trade Balance (Jul 10- Mar 11)
($11.22bn)
Curr. A/C (Jul 10-Feb11)
($98mn)
Remittances (July 10- Mar 11)
$8.02bn
Foreign Investment (Jul 10- Mar 11)
$0.30bn
All Sch. Banks Deposit Base (Apr 01, 2011)
Rs700.40bn
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) 9.60%

Money Market

 
Price
Change
11-APR-11
12-APR-11
bps
Pakistan Euro Bond Price Yield (Maturity 2016)
90.0143
-0.01%
9.70%
9.71%
0.40
     
11-APR-11
12-APR-11
bps
Pakistan Credit Default Swap (CDS 5 year) (USD)    
869.25
868.49
-0.75

KIBOR Rates (%)
1 month
3 month
6 month
1 Year
Bid
13.06
13.27
13.50
13.73
Offer
13.56
13.52
13.75
14.23

Inter Bank Money Market Rates (Last closing ) (%)
Overnight
1 Week
1-Month
3-Month
6-Month
1-Year
High  
13.15
13.35
13.35
13.30
13.45
13.45
Low  
12.00
13.10
13.10
13.05
13.15
13.20

Key Fx Rates
PKR/USD
PKR/EURO
PKR/JPY
PKR/GBP
PKR/AED
EURIBOR
LIBOR
Closing
84.52
122.53
1.0013
138.61
23.01
1.62
0.44

T Bill Rates (%)
3 month
6 month
12 month
Avg.
13.24
13.65
13.83
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
1.23
3.42
3.38
3.61
5.58
8.02
13.17
13.80
Change bps
1.00
-5.00
-9.10
-10.90
-5.00
0.00
25.70
0.00

Commodities

     
11-APR-11
12-APR-11
change
WTI (USD/bbl)    
108.20
106.20
-1.85%
     
Brent (USD/bbl)    
125.67
125.67
0.00%
     
Arab Light (USD/bbl)    
117.76
115.42
-1.99%

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)
385.38
382.63
0.72%
Urea Fertilizer (Rs/bag)
1,190.83
1,195.00
-0.35%
Gold 24cr (Rs./10gm) Khi
39,685.00
39,771.00
-0.22%
Rice IRRI -6(Rs/100kg)
3,314.00
3,320.00
-0.18%
KCA Cotton (Rs/mound)
12,500.00
12,500.00
0.00%
International
Current
Previous
Change
Coal Spot(USD/ton)
123.20
122.00
0.98%
Gold Futures (USD/oz)
1,453.10
1,463.15
-0.69%
Sugar 11 (USD/lb)
32.51
32.51
0.00%
Steel (USD/ton)
749.78
739.96
1.33%
Wheat (CBT) (USD/bu)
700.50
700.50
0.00%
PTA (USD/ton)
1,430.00
1,450.00
-1.38%
Copper (USD/ton)
9,603.75
9,836.50
-2.37%

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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.