BasedLine
Date: 01-July-2011
KSE-100 Index
Previous Index 12,423.304
Current Index
12,496.03
Change % 0.59%
YTD (CY11) 3.94%
YTD (FY11) 28.53%
KSE-100 Index
Previous Index 20,986.94
Current Index 20,936.20
Change % -0.24%
YTD (CY11) 11.34%
YTD (FY11) 43.19%
International Indicators
 
Close
%age
BSE-30 18,845.87 0.81
HANGSENG 22,398.10 1.53
NIKKEI 225 9,816.09 0.19
FTSE 5,945.70 1.53
DJIA 12,414.34 1.25
SSEC 2,762.78 1.26
NASDAQ 2,740.49 0.41
 
Close
%age
TASI 6,576.00 0.69
KSE(Kuwait) 6,211.70 -0.24
BSE 1,319.71 0.22
MSM 5,916.47 0.20
ADX 2,704.19 -0.26
DFM 1,516.93 0.62
QSE 8,361.07 0.32
Capital Market Overview

Market watch: Bourse gains in late buying

The stock market gained on Thursday in late buying after the bourse remained around the neutral line for most of the day. The Karachi Stock Exchange's (KSE) benchmark 100-share index gained 0.59 per cent or 72.73 points to end at 12,496.03 point level. more... (ET)

NAVs and Returns
as of June 30, 2011
Funds Offer Redemption
POAIIF
52.8016/-
52.2736/-
YTD Return
9.01%
POIAAF
65.01/-
63.38/-
YTD Return
22.73%
POAAAF
59.31/-
57.83/-
YTD Return
15.08%
POAF
11.25/-
YTD Return
10.55%
Funds Rating
AMC
AM3
POAIIF
A+ (f)
POAF
AA-
  May-11 Apr-11
MoM(%)
AUM's (PKR bn) 220.07 208.80 5.40%
No of AMCs 28 28 -
No of Funds 117 115 1.74%
KSE Market Data
KSE Market Data
Capitalization
Volume
Traded Val.
KSE Return
 
(USD bn)
(Rs. bn)
(Sh. mn)
(Rs.bn)
(YTD)
KSE100
35.46
3,049
52.47
2.66
3.94%
KSE30
6.73
578
30.38
2.26
-0.02%
KMI30
4.97
427
15.21
1.45
11.34%
KSE All
38.24
3,289
65.92
2.85
3.63%
June 30, 2011
GDR
GDR Closing
GDR (USD)
KSE(Rs)
LSE(Rs)
YTD Chg.
MCB
2.60
199.30
111.75
-11.81%
OGDC
17.20
152.99
147.85
-9.21%
UBL
2.00
61.91
42.98
-9.26%
LUCK
1.70
70.84
36.53
-6.53%
June30, 2011
F.I.P.I.  
(USD 000)
Buy Value
Sell Value
Net Value
Foreign Individiual
0.83
(4.04)
(3.21)
Foreign Corporates
12,149.88
(43,430.38)
(31,280.50)
Overseas Pakistani
173.30
(294.88)
(121.58)
Grand Total
12,324.02
(43,729.30)
(31,405.29)
F.I.P.I.
Foreign Investment              
Foreign Investors Portfolio Investment (FIPI USD mn)
CYTD
YoY Chg
MTD
Mom Chg.
29-June-11
30-June-11
Change
Gross Buy
406.92
-37.92%
40.92
-18.97%
1.40
12.32
780.00%
Gross Sell
-345.32
-9.72%
-50.72
118.17%
-2.63
-43.73
-1,562.74%
Net Buy/(Sell)
61.60
-77.85%
-9.80
-135.97%
-1.23
-31.40
-2,452.84%
S.C.R.A
Country
During the Year July 10 to Date
29-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
57.15
0.10
-
39.55
-
-
17.71
0.001
0.60
-0.60
Luxembourg
71.90
-
-
69.97
-
-
2.05
0.002
1.45
-1.45
Switzerland
40.02
1.30
-
15.99
-
-
25.30
-
0.00
-0.00
UAE
7.13
0.19
-
7.52
-
-
1.82
-
-
-
UK
149.03
192.14
-
138.41
202.63
2.85
-5.75
0.02
0.57
-0.54
USA
437.39
-
36.10
266.96
-
23.50
183.21
0.38
1.31
-0.92
Total
797.88
193.73
48.57
567.11
202.63
30.33
237.09
0.42
3.93
-3.51
News Clippings
Economy

Managing the energy crisis: Gas diverted from CNG to industry, power sector

As the country continues to struggle with chronic gas shortage, the government on Thursday decided to divert gas from CNG stations to industries and power generation companies though it deferred the decision to increase gas prices for domestic and industrial consumers. more... (ET)

Pak forex reserves ease to $17.47bn

Pakistan's foreign exchange reserves fell slightly to $17.47 billion in the week ending June 25, from $17.52 billion a week earlier, State Bank of Pakistan said on Thursday. more... (N)

Fresh food items worth Rs50b wasted every year

Pakistan loses fresh food items worth Rs50 billion every year because of lack of preservation and value-addition technology, says an agricultural expert. more... (ET)

OGRA slashes petroleum prices

The Oil and Gas Regulatory Authority (OGRA) on the directives of the Prime Minister on Thursday announced reduction in the prices of petroleum products. more... (N)

 
Company & Sector Update

Heavy lifter: Nestle contributes 26% to total KSE-100 gain

Consumer giant Nestle Pakistan, which is owned by a select group of investors, contributed 26 per cent to the total gain of the benchmark KSE-100 share index in the outgoing fiscal year. more... (ET)

Large-scale gas loadshedding plan approved

The Economic Coordination Committee of the cabinet approved in principle on Thursday a massive increase in gas prices for different categories of consumers. more... (D)

Pakistan may buy 180,000 T palm oil for July: industry official

Pakistan may import as much as 180,000 tonnes of palm oil for July and has covered a lot of its requirement of the vegetable oil ahead of the Muslim holy month of Ramadan, a top industry official said on Wednesday. more... (D)

IFC, Habib Bank partner to expand lending to small businesses

International Finance Corporation (IFC), a member of the World Bank Group, is helping improve access to finance and support the growth of small businesses in Pakistan through an agreement with Habib Bank to expand the bank's small business lending programs. more... (DT)

 
Political

Karkey Rental Power Plant: Govt purchases electricity at shocking price of Rs41 per unit

In an astounding development, the Central Power Purchasing Agency (CPPA) has disclosed that the government was purchasing electricity from Karkey Rental Power Plant at record price of Rs 41 per unit, more than twice the amount paid to any other Independent Power Producer. more... (ET)

Misunderstanding with MQM to be removed: Rehman Malik

Minister for Interior A. Rehman Malik on Thursday said that difference of opinion is ingredient of politics and misunderstanding if any with MQM would be removed. more... (BR)

US rejects demands to vacate Shamsi Air Base

The United States is rejecting demands from Pakistani officials that American personnel abandon a military base used by the CIA to stage drone strikes against suspected militants, US officials told Reuters. more... (DT)

FPCCI asks Indian counterpart to stop opposing Pakistan in WTO

President Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Senator Haji Ghulam Ali has asked The Federation of Indian Chambers of Commerce and Industry (FICCI) to support Pakistan get World Trade Organisation (WTO) trade concessions. more... (BR)

 
GCC

Finance groups accused over Libyan losses

Libya's sovereign wealth fund accused financial groups of charging high fees for investments that it claims lost hundreds of millions of dollars of the now war-torn country's oil wealth. more... (Zawya)

UPDATE: Iraq Signs $365M Gas Pipeline Deal With Iran - Spokesman

The Iraqi electricity ministry signed Thursday a contract worth $365 million with an Iranian company nominated by the Tehran government to build a gas pipeline to supply Iraqi power plants with Iranian gas, the ministry spokesman said Thursday. more... (Zawya)

Gas vital to Middle East economies

“The bad news is, we did not find oil. But the good news is — we did not find gas either” — used to be the case in the Middle East's energy exploration business about half a century ago, according to legend. more... (Zawya)

Syria's partition could crack Lebanon

It is difficult to see how President Bashar Assad will prevail over the growing protests demanding an end to his regime. More than two months of carnage by the Syrian army and security forces have failed to shake the demonstrators' determination, and surely will not. more... (Zawya)

 

Quote of the Day:

" I like that combination between creativity and the creative process and the organization needed to make a business like this successful worldwide." - Bernard Arnault

 
Economic Highlights
Economic Indicators
GDP Growth FY11E
2.50%
GDP -2010
$176 bn
Per Capita Income
$ 1,051
Population
176.48mn
US$ Reserves (June 25, 2011)
$17.47bn
Trade Balance (Jul 10- May 11)
($14.11bn)
Curr. A/C (Jul 10-May 11)
$205mn
Remittances (July 10- May 11)
$10.10bn
Foreign Investment (Jul 10- June 11)
$0.28bn
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
29-JUN-11
30-JUN-11
bps
Pakistan Euro Bond Price Yield (Maturity 2016)
87.465
0.18%
10.60%
10.55%
-4.40
     
29-JUN-11
30-JUN-11
bps
Pakistan Credit Default Swap (CDS 5 year) (USD)    
850.00
820.35
-29.65

KIBOR Rates (%)
1 month
3 month
6 month
1 Year
Bid
13.12
13.28
13.53
13.74
Offer
13.62
13.53
13.78
14.24

Inter Bank Money Market Rates (Last closing ) (%)
Overnight
1 Week
1-Month
3-Month
6-Month
1-Year
High  
13.90
13.60
13.45
13.40
13.45
13.45
Low  
13.90
13.30
13.20
13.10
13.15
13.20

Key Fx Rates
PKR/USD
PKR/EURO
PKR/JPY
PKR/GBP
PKR/AED
EURIBOR
LIBOR
Closing
86.05
124.89
1.0699
138.62
23.43
1.79
0.40

T Bill Rates (%)
3 month
6 month
12 month
Avg.
13.45
13.66
13.85
Last Cut Off.
13.49
13.74
13.91
Bond Rates (%) Cut Off
Bid
Offer
Previous
Current
5-Y PIB
14.05
13.90
14.06
14.05
10 Y-PIB
13.75
13.55
14.10
14.09

10 Yr Govt bond (%)
Japan
Germany
US
UK
Australia
India
Brazil
Pakistan
Yield
1.15
3.02
3.15
3.38
5.28
8.33
12.47
13.55
Change bps
3.00
4.00
4.00
5.00
5.00
0.80
103.00
0.00

Commodities

     
29-JUN-11
30-JUN-11
change
WTI (USD/bbl)    
95.07
94.70
-0.39%
     
Brent (USD/bbl)    
112.45
111.84
-0.54%
     
Arab Light (USD/bbl)    
110.81
109.01
-1.62%

Domestic
Current
Previous
Change
High Speed Diesel (litre)
94.11
97.31
-3.29%
Furnace Oil (Rs/ton)
71,345.43
68,540.94
4.09%
Cement (Rs. Bag Avg)
402.00
402.25
-0.06%
Urea Fertilizer (Rs/bag)
1,424.55
1,408.75
1.12%
Gold 24cr (Rs./10gm) Khi
42,042.00
41,000.00
0.10%
Rice IRRI -6(Rs/100kg)
3,697.00
3,698.00
-0.03%
KCA Cotton (Rs/mound)
8,650.00
8,500.00
1.76%
International
Current
Previous
Change
Coal Spot(USD/ton)
119.55
118.60
0.80%
Gold Futures (USD/oz)
1,500.35
1,512.30
-0.79%
Sugar 11 (USD/lb)
26.34
26.92
-2.15%
Steel (USD/ton)
733.96
734.01
-0.01%
Wheat (CBT) (USD/bu)
669.25
673.25
-0.59%
PTA (USD/ton)
1,170.00
1,195.00
-2.09%
Copper (USD/ton)
9,414.00
9,312.00
1.10%

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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.