BasedLine
Date: 15-June-2011
KSE-100 Index
Previous Index 12,353.36
Current Index
12,337.94
Change % -0.12%
YTD (CY11) 2.62%
YTD (FY11) 26.91%
KSE-100 Index
Previous Index 21,085.94
Current Index 21,054.63
Change % -0.15%
YTD (CY11) 11.97%
YTD (FY11) 44.00%
International Indicators
 
Close
%age
BSE-30 18,308.66 0.23
HANGSENG 22,557.15 0.22
NIKKEI 225 9,547.79 1.10
FTSE 5,803.13 0.51
DJIA 12,076.11 1.03
SSEC 2,730.04 1.10
NASDAQ 2,678.72 1.48
 
Close
%age
TASI 6,568.51 -0.24
KSE(Kuwait) 6,330.40 0.20
BSE 1,350.92 0.36
MSM 6,061.43 0.08
ADX 2,711.54 0.07
DFM 1,567.91 0.66
QSE 8,311.20 0.31
Capital Market Overview

Market watch: Bourse falls in dull session amid dismal volumes

The bourse stayed mostly in neutral territory on Tuesday in a dull session as investors remained on the sidelines in the absence of any trigger.The Karachi Stock Exchange's (KSE) benchmark 100-share index fell 0.12 per cent or 15.4 points to end at 12,337.9 point level. more... (ET)

NAVs and Returns
as of June 14, 2011
Funds Offer Redemption
POAIIF
52.5549/-
52.0294/-
YTD Return
8.93%
POIAAF
64.92/-
63.30/-
YTD Return
22.57%
POAAAF
59.67/-
58.18/-
YTD Return
15.78%
POAF
10.41/-
YTD Return
10.41%
Funds Rating
AMC
AM3
POAIIF
A+ (f)
POAF
AA-
  Apr-11 Mar-11
MoM(%)
AUM's (PKR bn) 208.80 198.91 4.97%
No of AMCs 28 28 -
No of Funds 117 117 -
KSE Market Data
KSE Market Data
Capitalization
Volume
Traded Val.
KSE Return
 
(USD bn)
(Rs. bn)
(Sh. mn)
(Rs.bn)
(YTD)
KSE100
35.07
3,016
25.88
1.24
2.62%
KSE30
6.85
590
15.64
1.11
1.89%
KMI30
5.01
431
7.29
0.66
11.97%
KSE All
37.92
3261
54.17
1.36
2.61%
June 14, 2011
GDR
GDR Closing
GDR (USD)
KSE(Rs)
LSE(Rs)
YTD Chg.
MCB
2.60
204.26
111.41
-9.62%
OGDC
17.01
155.26
145.78
-7.86%
UBL
2.00
63.50
42.85
-6.93%
LUCK
1.70
71.66
36.42
-5.45%
June14, 2011
F.I.P.I.  
(USD 000)
Buy Value
Sell Value
Net Value
Foreign Individiual
5.14
(2.26)
2.87
Foreign Corporates
387.06
(359.21)
27.85
Overseas Pakistani
114.57
(166.40)
(51.83)
Grand Total
506.77
(527.87)
(21.10)
F.I.P.I.
Foreign Investment              
Foreign Investors Portfolio Investment (FIPI USD mn)
CYTD
YoY Chg
MTD
Mom Chg.
13-June-11
14-June-11
Change
Gross Buy
388.18
-36.35%
22.18
-33.88%
0.30
0.51
70.00%
Gross Sell
-316.14
-14.04%
-21.53
115.68%
-0.66
-0.53
19.70%
Net Buy/(Sell)
72.04
-70.83%
0.65
-97.25%
-0.35
-0.02
94.29%
S.C.R.A
Country
During the Year July 10 to Date
13-Jun-2011
Cumulative Inflow
Cumulative Outflow
Cumulative
Net flow
Inflow
Outflow
Net Flow
Equity
T-Bill
PIBs
Equity
T-Bill
PIBs
Equity
Equity
Hong Kong
56.14
0.10
-
38.34
-
-
17.89
-
0.01
-0.01
Luxembourg
70.25
-
-
66.67
-
-
3.71
-
1.70
-1.70
Switzerland
39.45
1.30
-
15.58
-
-
25.13
-
-
-
UAE
5.96
0.19
-
7.52
-
-
0.66
-
-
-
UK
147.09
192.14
-
134.81
202.63
2.85
-4.08
-
0.01
-0.01
USA
429.43
-
36.10
248.89
-
23.50
193.32
3.99
2.41
1.58
Total
783.41
193.73
48.57
537.25
202.63
30.33
252.49
4.49
4.14
0.35
News Clippings
Economy

Committee approves 38 projects worth Rs180b

The Central Development Working Party (CDWP) on Tuesday approved 38 projects pertaining to the infrastructure, social and industrial sectors, which will cost Rs180.5 billion, including foreign aid of Rs75 billion. more... (ET)

Pakistan's July-May foreign investment falls 5.8pc

Foreign investment in Pakistan fell 5.8 percent to $1.739 billion in the first 11 months of the 2010/11 fiscal year because of a decrease in foreign direct investment, SBP said on Tuesday. more... (BR)

Pak-China ties: Exporters aim to reduce trade imbalance

The Trade Development Authority of Pakistan (TDAP) has asked local textile exporters to make a list of zero-rated products for the next stage of free trade agreement talks with China in order to balance its trade with the export giant. more... (ET)

Pak-US Business Council urges US to support Pakistan economy

The Pak-US Business Council on Tuesday urged visiting US Deputy Secretary of State for Management and Resources Thomas R Nides to honour recommendation of the US Chamber of Commerce for duty-free import of Pakistani products on an urgent basis to strengthen its economy. more... (BR)

 
Company & Sector Update

Govt prepares policy for building oil reserves

Minister for Petroleum and Natural Resources Dr Asim Hussain has said that the government has prepared a policy to build strategic reserves of oil for 14 to 20 days to tackle the petrol crisis. more... (ET)

Pharma summit: Govt's help needed to increase drug exports

Pakistan's first Pharma Summit kicked off under the aegis of the Pakistan Pharmaceutical Manufactures' Association (PPMA) on Tuesday. more... (ET)

Energy security action plan: Power crisis to end by 2030

The federal government has approved an energy security action plan on Tuesday that targets an end to the power crisis by 2030. The plan also envisages production of additional 8,800MW through nuclear power plants coupled with promotion of alternative energy resources for production. more... (ET)

NBP opens branch in Riyadh

Governor SAMA Dr Muhammad Bin Suleiman Al Jasser has inaugurated the first branch of National Bank of Pakistan (NBP) Riyadh at main King Fahad Road , in front of Kingdom Tower at Riyadh, Kingdom of Saudi Arabia , said a bank's announcement here Tuesday. more... (BR)

 
Political

Pakistan arrests CIA informants in bin Laden raid: NY Times

Pakistan's top military spy agency has arrested some of the Pakistani informants who fed information to the Central Intelligence Agency (CIA) in the months leading up to the raid that led to the death of Osama bin Laden, according to American officials. more... (N)

Ship carrying 50,000 tonnes petrol to berth tomorrow: Dr Asim

Federal Minister for Petroleum Dr Asim Hussain has assured that petrol shortage would be ended within two to three days as a ship carrying 50,000 tonnes of commodity would arrive tomorrow (Wednesday). more... (N)

PM's assurance ends MQM protest in NA

The MQM was at it again on Tuesday —protesting against a government it is part of, with a walkout in the National Assembly that ended with Prime Minister Yousuf Raza Gilani's assurance about a united fight against terrorism and target-killing in Karachi. more... (D)

Indian foreign secretary to visit Pakistan to discuss Kashmir

India's Foreign Secretary is due to visit Pakistan this month to discuss Kashmir, a Pakistani official said on Tuesday, the first formal talks between the two rivals on their core dispute since the Mumbai attacks in 2008 froze their peace process. more... (D)

 
GCC

Philippines exports to UAE surge 60%

The UAE became top export market of the Philippines in the Middle East as the bilateral trade surged 60 per cent in 2010, a top diplomat said. Total trade between the Philippines and the UAE continued to grow, rising to $1.61 billion in 2010, compared to $1 billion in previous year. more... (Zawya)

Mideast CEOs confident of revenue growth: Poll

68 percent of the Middle East's business leaders are extremely confident of their company's prospects for revenue growth over the next three years. This was one of the findings of the 14th Annual Global CEO Survey, which was presented by PwC Qatar, the leading professional services firm, to Qatari CEOs and business leaders. more... (Zawya)

Yemen peace efforts to continue: GCC

The Gulf Cooperation Council (GCC) will continue its efforts to find a peaceful solution to the Yemen crisis, said Sheikh Abdullah bin Zayed Al-Nahyan, foreign minister of the United Arab Emirates. more... (Zawya)

Economic slowdown affects Lebanon's growth outlook

Lebanon's incoming government will have to contend with an economic slowdown spurred by the five-month long political crisis, according to a newly released study prepared by the regional economic service of the French Economy Ministry. more... (Zawya)

 

Quote of the Day:

" The price of success is hard work, dedication to the job at hand, and the determination that whether we win or lose, we have applied the best of ourselves to the task at hand." - Vince Lombardi

 
Economic Highlights
Economic Indicators
GDP Growth FY11E
2.50%
GDP -2010
$176 bn
Per Capita Income
$ 1,051
Population
176.30mn
US$ Reserves (June 04, 2011)
$17.16bn
Trade Balance (Jul 10- May 11)
($14.11bn)
Curr. A/C (Jul 10-Apr 11)
$748mn
Remittances (July 10- May 11)
$10.10bn
Foreign Investment (Jul 10- May 11)
$0.32bn
All Sch. Banks Deposit Base (May 13, 2011)
Rs712.98bn
Inflation
CPI Gen. - YoY (May-11) 13.23%
   
CPI Gen. - FY11 (Jul- May 11) 14.00%
   
NFNE Core INFL - YoY (May 11) 10.20%
   
NFNE Core INFL -FY11 (Jul- May 11) 9.60%

Money Market

 
Price
Change
13-JUN-11
14-JUN-11
bps
Pakistan Euro Bond Price Yield (Maturity 2016)
87.096
-0.32%
10.55%
10.63%
8.20
     
13-JUN-11
14-JUN-11
bps
Pakistan Credit Default Swap (CDS 5 year) (USD)    
835.30
823.81
-11.49

KIBOR Rates (%)
1 month
3 month
6 month
1 Year
Bid
12.99
13.28
13.53
13.76
Offer
13.49
13.53
13.78
14.26

Inter Bank Money Market Rates (Last closing ) (%)
Overnight
1 Week
1-Month
3-Month
6-Month
1-Year
High  
12.75
12.60
13.10
13.30
13.45
13.45
Low  
11.00
12.40
12.90
13.05
13.15
13.20

Key Fx Rates
PKR/USD
PKR/EURO
PKR/JPY
PKR/GBP
PKR/AED
EURIBOR
LIBOR
Closing
85.72
122.95
1.066
139.47
23.35
1.74
0.39

T Bill Rates (%)
3 month
6 month
12 month
Avg.
13.34
13.65
13.81
Last Cut Off.
13.53
13.76
13.91
Bond Rates (%) Cut Off
Bid
Offer
Previous
Current
5-Y PIB
14.05
13.90
14.07
14.06
10 Y-PIB
13.60
13.45
14.10
14.10

10 Yr Govt bond (%)
Japan
Germany
US
UK
Australia
India
Brazil
Pakistan
Yield
0.99
2.91
2.87
3.17
5.17
8.33
12.58
13.45
Change bps
-15.70
-5.30
-13.00
-8.30
0.20
5.10
30.90
0.00

Commodities

     
13-JUN-11
14-JUN-11
change
WTI (USD/bbl)    
97.18
98.92
1.79%
     
Brent (USD/bbl)    
119.28
120.80
1.27%
     
Arab Light (USD/bbl)    
113.47
114.10
0.55%

Domestic
Current
Previous
Change
High Speed Diesel (litre)
94.11
97.31
-3.29%
Furnace Oil (Rs/ton)
68,540.94
69,658.29
-1.60%
Cement (Rs. Bag Avg)
402.25
402.75
-0.12%
Urea Fertilizer (Rs/bag)
1,408.75
1,386.25
1.62%
Gold 24cr (Rs./10gm) Khi
42,214.00
42,257.00
-0.10%
Rice IRRI -6(Rs/100kg)
3,626.00
3,628.00
-0.06%
KCA Cotton (Rs/mound)
8,500.00
9,000.00
-5.56%
International
Current
Previous
Change
Coal Spot(USD/ton)
119.20
118.65
0.46%
Gold Futures (USD/oz)
1,523.78
1,520.80
0.20%
Sugar 11 (USD/lb)
24.23
24.38
0.62%
Steel (USD/ton)
747.29
748.00
-0.09%
Wheat (CBT) (USD/bu)
700.50
700.00
0.07%
PTA (USD/ton)
1,205.00
1,215.00
-0.82%
Copper (USD/ton)
9,157.25
8,896.25
2.93%

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.