BasedLine
Date: 06-May-2011
KSE-100 Index
Previous Index 11,672.05
Current Index
11,906.69
Change % 2.01%
YTD (CY11) -0.96%
YTD (FY11) 22.47%
KSE-100 Index
Previous Index 19,833.25
Current Index 20,136.64
Change % 1.53%
YTD (CY11) 7.08%
YTD (FY11) 37.73%
International Indicators
 
Close
%age
BSE-30 18,210.58 -1.40
HANGSENG 23,261.61 -0.23
NIKKEI 225 10,004.20 1.57
FTSE 5,919.98 -1.10
DJIA 12,584.20 -1.10
SSEC 2,866.93 -1.53
NASDAQ 2,814.72 -0.48
 
Close
%age
TASI 6,682.61 -0.17
KSE(Kuwait) 6,516.00 0.25
BSE 1,393.17 -0.22
MSM 6,338.80 0.11
ADX 2,697.56 -0.09
DFM 1,607.29 -0.68
QSE 8,462.38 -0.48
Capital Market Overview

Market watch : Renewed investor confidence lifts bourse

Renewed investor confidence spurred a rally at the stock market on Thursday after assurance by US officials and Moody's Investors Service about no imminent withdrawal of foreign aid. more... (ET)

NAVs and Returns
as of May 05, 2011
Funds Offer Redemption
POAIIF
52.0073/-
51.4872/-
YTD Return
8.85%
POIAAF
64.41/-
62.80/-
YTD Return
19.01%
POAAAF
59.38/-
57.90/-
YTD Return
15.22%
POAF
11.05/-
YTD Return
10.41%
Funds Rating
AMC
AM3
POAIIF
A+ (f)
POAF
AA-
  Mar-11 Feb-11
MoM(%)
AUM's (PKR bn) 198.13 203.77 -2.76%
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
34.68
2,932
39.44
2.01
-0.96%
KSE30
6.85
579
31.04
1.90
-0.36%
KMI30
5.16
436
20.89
1.44
7.08%
KSE All
37.43
3,164
58.32
2.13
-0.91%
May 05, 2011
GDR
GDR Closing
GDR (USD)
KSE(Rs)
LSE(Rs)
YTD Chg.
MCB
2.60
203.01
109.48
-10.17%
OGDC
14.48
148.79
121.94
-11.70%
UBL
2.00
62.00
42.11
-9.13%
LUCK
1.70
69.11
35.79
-8.81%
May 05 , 2011
F.I.P.I.  
(USD 000)
Buy Value
Sell Value
Net Value
Foreign Individiual
10.51
(54.95)
-44.44
Foreign Corporates
1,323.08
(480.45)
842.63
Overseas Paksitani
105.37
(116.34)
-10.98
Grand Total
1,438.95
(651.74)
787.21
F.I.P.I.
Foreign Investment              
Foreign Investors Portfolio Investment (FIPI USD mn)
CYTD
YoY Chg
MTD
Mom Chg.
04-May-11
05-May-11
Change
Gross Buy
324.65
-36.38%
10.98
-66.45%
2.62
1.46
-44.27%
Gross Sell
-273.61
1.91%
-4.98
-34.62%
-2.71
-0.66
75.65%
Net Buy/(Sell)
51.04
-79.31%
6.01
-76.09%
-0.08
0.78
875.00%
S.C.R.A
Country
During the Year July 10 to Date
04-May-2011
Cumulative Inflow
Cumulative Outflow
Cumulative
Net flow
Inflow
Outflow
Net Flow
Equity
T-Bill
PIBs
Equity
T-Bill
PIBs
Equity
Equity
Hong Kong
43.51
0.10
-
36.91
-
-
6.71
-
0.19
-0.19
Luxembourg
64.06
-
-
57.70
-
-
6.46
0.92
0.45
0.47
Switzerland
35.56
-
-
14.70
-
-
20.82
-
0.03
-0.03
UAE
5.49
-
-
7.34
-
-
-0.30
-
-
-
UK
142.09
192.14
-
125.63
202.63
2.85
-0.07
0.03
2.33
-2.29
USA
392.59
-
28.42
228.52
-
17.12
175.36
3.12
0.13
2.99
Total
716.89
192.24
38.23
497.65
202.63
21.54
223.55
4.12
7.57
2.59
News Clippings
Economy

Circular debt eases : Govt releases Rs120b power sector dues The government has paid Rs120 billion overdue electricity subsidies to improve the financial condition of power companies, leaving it with the option of either letting the budget deficit slip to 6.3 per cent or playing with the figures to restrict it to 5.5 per cent. more... (ET)

Hike of Rs1.006 per unit in price of electricity: NEPRA

The National Electric Power Regulatory Authority (Nepra) has announced an increase of Rs1.006 per unit in the price of electricity Aaj News reported on Wednesday.more... (BR)

French investors urged to eye Pak

Prime Minister Syed Yousuf Raza Gilani Wednesday told French investors not to be swayed by the negative perceptions about Pakistan and invest in the country that offers lucrative incentives in several sectors. He was addressing the MEDEF forum that was attended by top corporate leaders and heads of major organizations of France on the second day of his visit to France. more... (TFD)

 

 
Company & Sector Update

Steps being taken to improve agriculture sector: President ZTBL

Concrete steps are being taken to improve the agriculture sector and in this regard, several schemes have been introduced to facilitate the farmers. more... (BR)

Suzuki sales to grow 10% despite supply issues

Suzuki sales are expected to grow by 10 per cent in 2011 despite supply disruption from Japan and relaxation in age limit for used car imports. more... (ET)

Agriculturalists block imposition of farm tax: FBR

Parliament needs to take a decision on taxing agricultural income, but agriculturalists have held sway over the legislative body, resulting in tax injustice in the country, says a top official of the Federal Board of Revenue (FBR). more... (ET)

 

 
Political

Bin Laden, two others didn't fire on SEALs: Sources

Only one of four principal targets shot dead by US commandos in the raid which killed Osama bin Laden was involved in any hostile fire, a person familiar with the latest US government reporting on the raid told Reuters on Thursday. more... (ET)

Eight killed and 15 injured in Quetta blast

Eight people killed and 15 injured in rocket attack in hazara town, Quetta AAJ TV reported on Friday. According to source, blast occurred at barori road in hazara town. more... (BR)

Pakistan role in WoT undoubted, says Kayani

Army Chief General Ashfaq Parvez Kayani Wednesday stated that Pakistan's role in the war against terror should not be doubted, media reported. Kayani was speaking during a meeting at GHQ where the army top brass was gathered to discuss the situation after Osama bin Laden's killing in Abbottabad. more... (TFD)

 

 
GCC

Middle East investors to spend Dh 1.3bn in London

The recession may have UK consumers looking after the pennies, but the same cannot be said for visitors from China and the Middle East. more... (Gulf news)

Delivery, recapitalization help Aldar

Abu Dhabi developer Aldar Properties reported a Dh189.1 million net profits for the first quarter of 2011, compared to a Dh314.2 million net loss in the corresponding period last year. more... (Gulf News)

Gulf must package sporting events to boost tourism

The Gulf Cooperation Council (GCC) should increase efforts to capitalise on its major sporting events and turn them into a sustainable source of year-round tourism revenue, according to a top manager in the UAE sports industry. more... (Gulf News)


 

Quote of the Day:

The golden rule for every business man is this: “Put yourself in your customer's place". - Orison Marden





 

 
Economic Highlights
Economic Indicators
GDP Growth FY11E
4.10%
GDP -2010
$176 bn
Per Capita Income
$ 1,051
Population
175.92mn
US$ Reserves (Apr 23, 2011)
$17.18 bn
Trade Balance (Jul 10- Mar 11)
($11.22bn)
Curr. A/C (Jul 10-Mar11)
$99mn
Remittances (July 10- Mar 11)
$8.02bn
Foreign Investment (Jul 10- Mar 11)
$1.32bn
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
04-MAY-11
05-MAY-11
bps
Pakistan Euro Bond Price Yield (Maturity 2016)
91.8657
-0.47%
9.11%
9.23%
11.90
     
04-MAY-11
05-MAY-11
bps
Pakistan Credit Default Swap (CDS 5 year) (USD)    
786.68
780.56
11.88

KIBOR Rates (%)
1 month
3 month
6 month
1 Year
Bid
12.51
13.01
13.36
13.68
Offer
13.01
13.26
13.61
14.18

Inter Bank Money Market Rates (Last closing ) (%)
Overnight
1 Week
1-Month
3-Month
6-Month
1-Year
High  
13.25
12.00
12.75
13.30
13.45
13.45
Low  
11.10
11.90
12.60
13.05
13.15
13.20

Key Fx Rates
PKR/USD
PKR/EURO
PKR/JPY
PKR/GBP
PKR/AED
EURIBOR
LIBOR
Closing
84.40
124.78
1.0433
138.82
22.95
1.71
0.43

T Bill Rates (%)
3 month
6 month
12 month
Avg.
12.85
13.30
13.70
Last Cut Off.
13.07
13.48
13.79
Bond Rates (%) Cut Off
Bid
Offer
Previous
Current
5-Y PIB
14.05
13.90
14.11
14.07
10 Y-PIB
13.95
13.80
14.12
14.10

10 Yr Govt bond (%)
Japan
Germany
US
UK
Australia
India
Brazil
Pakistan
Yield
1.09
3.15
3.02
3.28
5.34
8.18
12.90
13.80
Change bps
0.00
-7.70
-6.90
0.60
-2.40
0.00
5.00
0.00

Commodities

     
04-MAY-11
05-MAY-11
change
WTI (USD/bbl)    
108.90
100.15
-8.03%
     
Brent (USD/bbl)    
121.07
111.60
-7.82%
     
Arab Light (USD/bbl)    
116.70
107.77
-7.65%

Domestic
Current
Previous
Change
High Speed Diesel (litre)
97.31
92.89
4.76%
Furnace Oil (Rs/ton)
71,598.15
71,413.29
0.26%
Cement (Rs. Bag Avg)
405.25
400.00
1.31%
Urea Fertilizer (Rs/bag)
1,295.83
1,265.00
2.44%
Gold 24cr (Rs./10gm) Khi
40,917.00
41,742.00
-1.98%
Rice IRRI -6(Rs/100kg)
3,437.00
3,438.00
-0.03%
KCA Cotton (Rs/mound)
9,000.00
9,000.00
-0.00%
International
Current
Previous
Change
Coal Spot(USD/ton)
122.80
123.20
-0.32%
Gold Futures (USD/oz)
1,474.30
1,516.32
-2.77%
Sugar 11 (USD/lb)
20.86
21.35
-2.29%
Steel (USD/ton)
758.74
761.12
-0.31%
Wheat (CBT) (USD/bu)
751.75
754.00
-0.29%
PTA (USD/ton)
1,335.00
1,390.00
-3.96%
Copper (USD/ton)
8,793.75
9,095.75
-3.32%

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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.