BasedLine
Date: 18-Apr-2011
KSE-100 Index
Previous Index 11,652.54
Current Index
11,696.25
Change % 0.38%
YTD (CY11) -2.71%
YTD (FY11) 20.31%
KSE-100 Index
Previous Index 19,838.63
Current Index 19,937.79
Change % 0.50%
YTD (CY11) 6.03%
YTD (FY11) 36.37%
International Indicators
 
Close
%age
BSE-30 19,386.82 -1.57
HANGSENG 23,929.32 -0.35
NIKKEI 225 9,591.52 -1.81
FTSE 5,996.01 0.50
DJIA 12,341.83 0.46
SSEC 3,050.53 -0.09
NASDAQ 2,764.65 0.16
 
Close
%age
TASI 6,531.87 -1.11
KSE(Kuwait) 6,342.90 -0.72
BSE 1,404.07 -0.56
MSM 6,405.60 0.17
ADX 2,698.15 0.72
DFM 1,648.44 1.59
QSE 8,728.90 -0.59
Capital Market Overview

KSE-100 slips 2% amid lacklustre activity

Lack of interest due to absence of triggers resulted in a dull activity at the stock market, as the KSE-100 index shed 2.08 per cent (248 points) during the week ended April 15. more... (ET)

NAVs and Returns
as of Apr 16, 2011
Funds Offer Redemption
POAIIF
51.7204/-
51.2032/-
YTD Return
8.73%
POIAAF
63.42/-
61.83/-
YTD Return
17.17%
POAAAF
58.84/-
57.37/-
YTD Return
14.17%
POAF
10.72/-
YTD Return
7.32%
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
34.21
2,880
46.30
2.68
-2.71%
KSE30
6.79
572
37.64
2.56
-1.58%
KMI30
5.12
431
24.08
1.84
6.03%
KSE All
36.98
3,113
56.84
2.82
-2.46%
Apr 15, 2011
GDR
GDR Closing
GDR (USD)
KSE(Rs)
LSE(Rs)
YTD Chg.
MCB
2.60
202.07
109.47
-10.59%
OGDC
15.99
129.65
134.64
-23.06%
UBL
2.00
63.76
42.10
-6.55%
LUCK
1.70
70.10
35.79
-7.51%
Apr 15, 2011
F.I.P.I.  
(USD 000)
Buy Value
Sell Value
Net Value
Foreign Individiual
10.63
(83.37)
(72.74)
Foreign Corporates
1,197.33
(1,511.41)
(314.09)
Overseas Paksitani
205.44
(172.92)
32.52
Grand Total
1,413.40
(1,767.70)
(354.30)
F.I.P.I.
Foreign Investment              
Foreign Investors Portfolio Investment (FIPI USD mn)
CYTD
YoY Chg
MTD
Mom Chg.
14-Apr-11
15-Apr-11
Change
Gross Buy
291.76
70.63%
28.90
-37.08%
1.72
1.44
-16.28%
Gross Sell
-225.72
1.60%
-26.17
-61.40%
-1.30
-1.80
-38.46%
Net Buy/(Sell)
66.04
-65.41%
2.73
-112.46%
0.42
-0.36
-18.57%
S.C.R.A
Country
During the Year July 10 to Date
14-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
-
34.17
-
-
6.06
-
0.64
-0.64
Luxembourg
63.08
-
-
51.07
-
-
12.11
0.13
0.002
0.13
Switzerland
35.52
-
-
13.15
-
-
22.33
-
-
-
UAE
5.30
-
-
7.34
-
-
-1.29
-
-
-
UK
138.94
192.14
-
120.58
202.63
2.85
1.86
0.55
0.47
0.08
USA
379.73
-
12.32
211.39
-
17.12
163.54
0.59
1.63
-1.03
Total
684.52
192.24
17.22
455.56
202.63
21.54
211.48
4.43
3.93
0.52
News Clippings
Economy

Pakistan exports increased by 26.5 pc: NA told

Minister for Commerce Makhdoom Amin Fahim Friday apprised the National Assembly Friday that Pakistan's exports had witnessed a tremendous upsurge in 2010-11. more... (BR)

Gold prices at new peak

Gold prices on Saturday crossed the Rs40,000 barrier to reach a fresh peak of Rs40,028 per 10 grams, supported by the international market which also touched its lifetime best. more... (ET)

IMF concerned over rising inflation, deficit

The International Monetary Fund is reported to have expressed concern over rising inflation in Pakistan and growing uncertainties over keeping fiscal deficit within a 5.5 per cent target set by the government last month. more... (D)

 

 
Company & Sector Update

UBL offers Chinese enterprises to explore international markets

Pakistan leading private sector bank, United Bank Limited (UBL), is offering to help Chinese enterprises explore the international markets in Pakistan and Middle East countries. more... (BR)

NEPRA allows Rs0.53 per unit increase

The National Electric Power Regulatory Authority (Nepra) has allowed the Karachi Electric Supply Company (KESC) to increase the electricity tariff by 53 paisa per unit for February 2011. more... (ET)

Tea imports touch Rs17b

Pakistan has imported more than 90 million kilogrammes (kg) of tea worth Rs17.2 billion in the first eight months (July to February) of fiscal 2010-11. more... (ET)

 

 
Political

President appoints Dr Asim as Petroleum Advisor

President Asif Ali Zardari on Sunday appointed Senator Asim Hussain as Adviser to Prime Minister on Petroleum.According to Farhatullah Babar Spokesperson to the President, Senator Asim Hussain will have the status of a Federal Minister. more... (BR)

Pak delegation meets IMF mission chief

Pakistani delegation, headed by Federal Finance Minister Abdul Hafeez Sheikh met IMF Mission Chief for Pakistan Adnan Mazerie in a connection with ongoing talks between Pakistan and IMF for the release of next tranche. more... (N)

Oil, gas companies to be headed by people from abroad: Dr Asim

In a late night development on Sunday, the government decided to overhaul the boards and top managements of the state-run oil and gas companies. more... (N)

 

 
GCC

Diversification raises non-oil share of UAE's GDP to 71%
The contribution of the non-oil sector to the UAE's gross domestic product has increased to 71 per cent thanks to the country's economic diversification strategy, a top official said yesterday. more... (Zawya)

Jobs, wages to hike
Oman expenditure

More jobs, higher wages and a new allowance for the unemployed announced by the government following unprecedented protests in the country recently will result in a RO1 billion hike in state expenditure in Oman this year, leaving a RO1.9 billion shortfall in the budget. more... (Zawya)

Abu Dhabi Q1 inflation climbs 2.8%

Abu Dhabi inflation rose 1.9 per cent in March to post a first quarter 2.8 per cent surge in consumer price index on the back of escalating food and housing costs, figures released by the Statistics Centre revealed on Sunday. more... (Zawya)


 

Quote of the Day:

" Only buy something that you'd be perfectly happy to hold if the market shut down for 10 years."
-Warren Buffett

 

 
Economic Highlights
Economic Indicators
GDP Growth FY11E
4.10%
GDP -2010
$176 bn
Per Capita Income
$ 1,051
Population
175.76mn
US$ Reserves (Apr 09, 2011)
$17.31 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
14-APR-11
15-APR-11
bps
Pakistan Euro Bond Price Yield (Maturity 2016)
92.1403
0.69%
9.30%
9.13%
-17.00
     
14-APR-11
15-APR-11
bps
Pakistan Credit Default Swap (CDS 5 year) (USD)    
880.42
875.00
-5.42

KIBOR Rates (%)
1 month
3 month
6 month
1 Year
Bid
12.96
13.24
13.50
13.71
Offer
13.46
13.49
13.75
14.21

Inter Bank Money Market Rates (Last closing ) (%)
Overnight
1 Week
1-Month
3-Month
6-Month
1-Year
High  
13.60
13.10
13.35
13.30
13.45
13.45
Low  
12.75
12.80
13.10
13.05
13.15
13.20

Key Fx Rates
PKR/USD
PKR/EURO
PKR/JPY
PKR/GBP
PKR/AED
EURIBOR
LIBOR
Closing
84.22
121.30
1.01
137.47
22.93
1.63
0.44

T Bill Rates (%)
3 month
6 month
12 month
Avg.
13.27
13.60
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
1.18
3.35
3.29
3.51
5.55
8.07
12.85
13.80
Change bps
-0.90
-5.20
-8.90
-8.80
-2.20
4.90
5.00
0.00

Commodities

     
14-APR-11
15-APR-11
change
WTI (USD/bbl)    
108.31
109.03
0.66%
     
Brent (USD/bbl)    
122.15
123.45
1.06%
     
Arab Light (USD/bbl)    
117.67
118.59
0.78%

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
40,028.00
39,600.00
1.08%
Rice IRRI -6(Rs/100kg)
3,312.00
3,311.00
0.03%
KCA Cotton (Rs/mound)
12,000.00
12,500.00
0.00%
International
Current
Previous
Change
Coal Spot(USD/ton)
123.20
122.00
0.98%
Gold Futures (USD/oz)
1,486.70
1,474.18
0.85%
Sugar 11 (USD/lb)
32.51
32.51
0.00%
Steel (USD/ton)
749.27
750.23
-0.13%
Wheat (CBT) (USD/bu)
700.50
700.50
0.00%
PTA (USD/ton)
1,430.00
1,450.00
-1.38%
Copper (USD/ton)
9,384.25
9,389.25
-0.05%

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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.