BasedLine
Date: 12-May-2011
KSE-100 Index
Previous Index 12,012.02
Current Index
12,036.36
Change % 0.20%
YTD (CY11) 0.12%
YTD (FY11) 23.81%
KSE-100 Index
Previous Index 20,265.63
Current Index 20,243.86
Change % -0.11%
YTD (CY11) 7.65%
YTD (FY11) 38.46%
International Indicators
 
Close
%age
BSE-30 18,584.96 0.39
HANGSENG 23,291.80 -0.19
NIKKEI 225 9,684.26 0.46
FTSE 5,976.00 -0.70
DJIA 12,630.00 -1.02
SSEC 2883.42 -0.38
NASDAQ 2,845.06 -0.93
 
Close
%age
TASI 6,722.38 0.14
KSE(Kuwait) 6,511.20 -0.18
BSE 1,381.59 0.00
MSM 6,162.73 -1.13
ADX 2,675.79 0.19
DFM 1,608.49 0.11
QSE 8,765.14 1.15
Capital Market Overview

Market watch : Bourse crawls up 24 points ahead of loan talks

The stock market crawled up on Wednesday led by the oil sector amid a jump in volumes.The Karachi Stock Exchange (KSE) benchmark 100-share index rose marginally by 0.2 per cent or 24.34 points to end at 12,036.75 points. more... (ET)

NAVs and Returns
as of May 11 2011
Funds Offer Redemption
POAIIF
52.0897/-
51.5688/-
YTD Return
8.87%
POIAAF
64.50/-
62.89/-
YTD Return
21.78%
POAAAF
59.46/-
57.97/-
YTD Return
15.36%
POAF
11.08/-
YTD Return
10.57%
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
34.46
2,964
60.12
2.92
0.12%
KSE30
6.80
585
47.10
2.77
0.58%
KMI30
5.09
438
28.96
2.15
7.65%
KSE All
37.16
3,196
84.43
3.09
0.08%
May 11, 2011
GDR
GDR Closing
GDR (USD)
KSE(Rs)
LSE(Rs)
YTD Chg.
MCB
2.60
205.44
110.38
-9.10%
OGDC
15.36
149.07
130.42
-11.54%
UBL
2.00
64.32
42.45
-5.73%
LUCK
1.70
70.59
36.09
-6.86%
May 11 , 2011
F.I.P.I.  
(USD 000)
Buy Value
Sell Value
Net Value
Foreign Individiual
34.32
(33.26)
1.06
Foreign Corporates
2,297.33
(911.95)
1,385.38
Overseas Paksitani
367.75
(191.83)
175.92
Grand Total
2,699.39
(1,137.04)
1,562.35
F.I.P.I.
Foreign Investment              
Foreign Investors Portfolio Investment (FIPI USD mn)
CYTD
YoY Chg
MTD
Mom Chg.
10-May-11
11-May-11
Change
Gross Buy
344.91
-34.43%
31.25
35.57%
2.00
2.70
35%
Gross Sell
-277.32
-6.10%
-8.68
-49.64%
-0.81
-1.14
-40.74%
Net Buy/(Sell)
67.60
-71.27%
22.57
288.66%
1.19
1.56
31.09%
S.C.R.A
Country
During the Year July 10 to Date
11-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
46.59
0.10
-
37.27
-
-
9.42
2.86
-
2.86
Luxembourg
65.87
-
-
59.66
-
-
6.31
0.14
0.27
-0.13
Switzerland
35.56
-
-
15.16
-
-
20.36
-
0.41
-0.41
UAE
5.67
-
-
7.34
-
-
0.06
-
-
0.19
UK
142.22
192.14
-
130.60
202.63
2.85
-4.96
-
0.17
-0.17
USA
408.60
-
28.42
232.47
-
17.12
187.42
0.34
0.35
-0.01
Total
733.72
192.24
38.23
505.88
202.63
21.54
232.28
3.42
1.21
2.40
News Clippings
Economy

Senate told KESC playing havoc in Karachi

Karachi Electric Supply Company (KESC) is continuously playing havoc with people' lives by excessive billing and long-hours load shedding which have multiplied their sufferings. more... (FD)

Strategy unveiled to improve economy

Pakistan has entered into a phase of almost stagnant growth and high inflation, leading to job losses, and the situation demands an easy monetary policy and improvement in economic management to steer the country out of economic mess, suggests a think tank, while pointing out that almost three-fourth population faces food insecurity. more... (ET)

Zardari invites Russia to invest in trans-regional projects

President Asif Ali Zardari on Wednesday said Russia can invest in regional and trans-regional projects while taking benefit from Pakistan's strategic location. more... (BR)

 

 
Company & Sector Update

ICI Pakistan split approved

ICI Pakistan Limited's board of directors approved the demerger of the company into two separate entities on Wednesday. more... (ET)

'Bank Alfalah, Abu Dhabi Group to stay in Pakistan'

The Bank Alfalah and Abu Dhabi Group is not looking to exit Pakistan through divestment or sell-off and they will very much stay in Pakistan. more... (BR)

Farm sector earns more despite floods

The agriculture sector has been receiving massive inflow of money through export of rice, wheat and other farm products while their income further rose in nine months despite devastating floods that hit the country during the first quarter of this fiscal year. more... (D)

 

 
Political

Pakistan says will not share US helicopter wreckage

Pakistan said Wednesday it would not share the wreckage of a US helicopter used in the raid that killed Osama bin Laden with China, after speculation that the aircraft contained secret technology. more... (N)

Abbottabad operation attack on sovereignty of Pakistan: Nawaz Sharif

Pakistan must heed US "concerns" about its efforts to combat extremists, a senior US senator said Tuesday, warning he wanted to maintain good ties with Islamabad "but not at any price." more... (N)

Two grenades thrown at Saudi consulate in Karachi

Attackers threw two grenades at the heavily fortified Saudi consulate building in Pakistan's largest city of Karachi on Wednesday, albeit causing no damage or casualties, an official said. more... (ET)

 

 
GCC

Green FDI key to ME economies

The UAE committed to sustainable development and environment protection, Shaikha Lubna Al Qasimi, UAE Minister of Foreign Trade, said on Wednesday. more... (Zawya)

Developing nations
attract over 50% of global FDI: Unctad

Developing and transition economies attracted more than half of global foreign direct investment, or FDI flows in 2010, a senior official of United Nations Conference on Trade and Development, or Unctad, said on Wednesday. more... (Zawya)

UAE's global financial assistance stands at Dh163b till last year

The UAE has given a total of Dh163 billion in foreign aid to 92 countries, Shaikha Lubna Al Qasimi, Minister of Foreign Trade, said at the Annual Investment Meeting (AIM) yesterday. more... (Gulf News)


 

Quote of the Day:

" I learned that we can do anything, but we can't do everything.. at least not at the same time. So think of your priorities not in terms of what activities you do, but when you do them. Timing is everything."
-Dan Millman




 

 
Economic Highlights
Economic Indicators
GDP Growth FY11E
4.10%
GDP -2010
$176 bn
Per Capita Income
$ 1,051
Population
176.00mn
US$ Reserves (Apr 30, 2011)
$17.11 bn
Trade Balance (Jul 10- Apr 11)
($12.11bn)
Curr. A/C (Jul 10-Mar11)
$99mn
Remittances (July 10- Apr 11)
$9.05bn
Foreign Investment (Jul 10- Mar 11)
$1.32bn
All Sch. Banks Deposit Base (Apr 01, 2011)
Rs700.40bn
Inflation
CPI Gen. - YoY (Apr-11) 13.00%
   
CPI Gen. - FY11 (Jul- Apr 11) 14.10%
   
NFNE Core INFL - YoY (Apr 11) 9.40%
   
NFNE Core INFL -FY11 (Jul- Apr 11) 9.50%

Money Market

 
Price
Change
10-MAY-11
11-MAY-11
bps
Pakistan Euro Bond Price Yield (Maturity 2016)
91.2352
-0.04%
9.39%
9.41%
1.30
     
10-MAY-11
11-MAY-11
bps
Pakistan Credit Default Swap (CDS 5 year) (USD)    
779.97
832.69
52.72

KIBOR Rates (%)
1 month
3 month
6 month
1 Year
Bid
12.50
12.98
13.32
13.68
Offer
13.00
13.23
13.57
14.18

Inter Bank Money Market Rates (Last closing ) (%)
Overnight
1 Week
1-Month
3-Month
6-Month
1-Year
High  
11.75
12.20
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
84.94
121.48
1.0498
138.47
23.13
1.70
0.42

T Bill Rates (%)
3 month
6 month
12 month
Avg.
12.99
13.42
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
1.02
3.05
3.02
3.34
5.42
8.29
12.86
13.80
Change bps
-0.50
0.40
-5.60
5.90
5.20
0.70
-8.40
0.00

Commodities

     
10-MAY-11
11-MAY-11
change
WTI (USD/bbl)    
104.01
99.57
-4.27%
     
Brent (USD/bbl)    
117.47
115.14
-1.98%
     
Arab Light (USD/bbl)    
113.14
109.02
-3.64%

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)
404.00
405.25
-0.31%
Urea Fertilizer (Rs/bag)
1,307.92
1,295.83
0.93%
Gold 24cr (Rs./10gm) Khi
41,785.00
41,571.00
0.51%
Rice IRRI -6(Rs/100kg)
3,505.00
3,506.00
-0.03%
KCA Cotton (Rs/mound)
8,500.00
9,000.00
-5.55%
International
Current
Previous
Change
Coal Spot(USD/ton)
120.85
123.20
-1.91%
Gold Futures (USD/oz)
1,501.20
1,516.28
-0.99%
Sugar 11 (USD/lb)
35.18
37.50
-6.21%
Steel (USD/ton)
754.50
753.72
0.10%
Wheat (CBT) (USD/bu)
758.75
800.25
-5.19%
PTA (USD/ton)
1,255.00
1,390.00
-9.71%
Copper (USD/ton)
8,679.75
8,888.25
2.35%

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.