BasedLine
Date: 06-July-2011
KSE-100 Index
Previous Index 12,560.28
Current Index
12,576.48
Change % 0.13%
YTD (CY11) 4.61%
YTD (FY11) 0.64%
KSE-100 Index
Previous Index 21,140.16
Current Index 21,341.24
Change % 0.95%
YTD (CY11) 13.49%
YTD (FY11) 1.93%
International Indicators
 
Close
%age
BSE-30 18,744.56 -0.37
HANGSENG 22,747.95 -0.10
NIKKEI 225 9,972.46 0.07
FTSE 6,024.00 0.11
DJIA 12,569.87 -0.10
SSEC 2,816.35 2.07
NASDAQ 2,825.77 0.35
 
Close
%age
TASI 6,626.95 0.02
KSE(Kuwait) 6,213.70 0.31
BSE 1,317.28 -0.03
MSM 5,950.31 0.27
ADX 2,729.38 0.53
DFM 1,559.00 0.22
QSE 8,501.68 0.24
Capital Market Overview

Market watch: Stock market firms to five-and-a-half-month high

The stock market firmed to close at a five-and-a-half-month high on Tuesday amid better volumes. The Karachi Stock Exchange's (KSE) benchmark 100-share index firmed 0.13 per cent or 16.2 points to end at 12,576.48 point level. more... (ET)

NAVs and Returns
as of July 05, 2011
Funds Offer Redemption
POAIIF
B.C
B.C
YTD Return
n/a
POIAAF
B.C
B.C
YTD Return
n/a
POAAAF
B.C
B.C
YTD Return
n/a
POAF
11.27/-
YTD Return
9.26%
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
35.68
3,069
60.60
3.30
4.61%
KSE30
6.87
591
33.14
2.96
2.09%
KMI30
5.06
435
20.73
2.23
13.49%
KSE All
38.47
3,309
71.55
3.38
4.26%
July 05, 2011
GDR
GDR Closing
GDR (USD)
KSE(Rs)
LSE(Rs)
YTD Chg.
MCB
2.60
205.39
111.70
3.06%
OGDC
17.20
154.79
147.78
1.18%
UBL
2.00
62.33
42.96
0.68%
LUCK
1.70
72.74
36.52
2.68%
July05, 2011
F.I.P.I.  
(USD 000)
Buy Value
Sell Value
Net Value
Foreign Individiual
11.87
(11.61)
0.26
Foreign Corporates
2,247.96
(762.49)
1,485.47
Overseas Pakistani
180.53
(243.80)
(63.27)
Grand Total
2,440.36
(1,017.90)
1,422.46
F.I.P.I.
Foreign Investment              
Foreign Investors Portfolio Investment (FIPI USD mn)
CYTD
YoY Chg
MTD
Mom Chg.
04-July-11
05-July-11
Change
Gross Buy
425.99
-35.52%
6.75
-39.51%
3.91
2.44
-37.59%
Gross Sell
-391.53
0.60%
-2.48
-21.09%
-1.01
-1.02
-0.99%
Net Buy/(Sell)
34.46
-87.54%
4.27
-46.74%
2.89
1.42
-50.86%
S.C.R.A
Country
During the Period FY12TD
04-Jul-2011
Cumulative Inflow
Cumulative Outflow
Cumulative
Net flow
Inflow
Outflow
Net Flow
Equity
T-Bill
PIBs
Equity
T-Bill
PIBs
Equity
Equity
Hong Kong
0.001
-
-
-
-
-
0.001
0.001
-
0.001
Luxembourg
0.02
-
-
-
-
-
0.02
0.02
-
0.02
Switzerland
-
-
-
-
-
-
-
-
-
-
UAE
-
-
-
-
-
-
-
-
-
-
UK
0.06
-
-
-
-
-
0.06
0.06
-
0.06
USA
0.85
-
-
0.02
-
-
0.82
0.85
0.02
0.82
Total
0.93
-
-
0.02
-
-
0.90
0.93
0.02
0.90
News Clippings
Economy

Fiscal 2011 review: Commodity exchange grows seven-fold

Pakistan Mercantile Exchange Limited (PMEX), the country's commodity exchange, completed yet another eventful year as it grew seven-fold. more... (ET)

Facilitator or obstacle: Pakistan, Sri Lanka to review free trade agreement

Pakistan and Sri Lanka on Tuesday agreed to hold negotiations for reviewing the six-year-old free trade agreement (FTA) which has become an obstacle instead of becoming a tool for liberalisation. more... (ET)

Urea import to cost government Rs700 extra per bag

The government will import around 100,000 tons of urea worth $59.09 million, which is far higher than the prevailing price of locally produced fertilizers. more... (BR)

Govt to support alternative energy projects: prime minister

Prime Minister Yousaf Raza Gilani said Tuesday that Pakistan has a lot of potential for energy and the government will encourage alternative energy projects in the country. Prime Minister was talking to the delegation of a Norway-based company—NBT Wind Power Project (Pvt) Ltd. more... (DT)

 
Company & Sector Update

Technology transfer: Marketing companies propose furnace oil blending

Pakistan is expected to save around $27 million per annum on import of furnace oil as oil marketing companies (OMCs) have sought permission for setting up oil blending facilities which will produce fuel according to specifications of power plants. more... (ET)

Middle market race: Meezan Bank outgrows niche player status

It is not often one meets a corporate banker who does not have a liquidity problem these days, but Meezan Bank's Zubair Haider Sheikh happens to be in that lucky position. more... (ET)

Agriculture: Pakistan seeks Chinese technology

The Trade Development Authority of Pakistan (TDAP) has asked China to provide latest agro-based technology to help develop Pakistani companies. more... (ET)

Rubber and tyre scrap: NTC to hold hearing on duty exemption

The National Tariff Commission (NTC) will hold a public hearing on July 26 to deliberate upon exempting customs duty on importing rubber and tyre scrap. more... (ET)

 
Political

Verification of voters to start from July 18

A high level meeting was held at Election Commission of Pakistan (ECP) on Tuesday to check the mechanism of Computerized Electoral Rolls (CER) 2011 and review preparations for conducting door-to-door verification of voters to be started from July 18. more... (BR)

MQM still a partner: Gilani

Prime Minister Yousuf Raza Gilani said on Tuesday that the Muttahida Qaumi Movement (MQM) was still a coalition partner of the Pakistan People's Party (PPP) and the government would resist any move by the opposition to destabilise democracy. more... (D)

Toll reaches 22 in Karachi mayhem

Police on Wednesday found five bullet- ridded bodies of unidentified persons from a bus in Gulshan-e-Iqbal, increasing the toll in violent incidents to twenty two, Geo News reported. more... (N)

PPP government not afraid of any alliance: Firdaus

Minister for Information and Broadcasting Dr. Firdaus Ashiq Awan said on Tuesday that the Pakistan People's Party (PPP) had come to power through the mandate given by the masses and that it was not afraid of any grand alliance. more... (DT)

 
GCC

Foreigners with property worth Dh1m to benefit

Foreigners buying property worth more than Dh1 million will be allowed to stay in the UAE for three years under an extended visa scheme announced last week by the UAE Cabinet. more... (Gulf News)

Egypt Seeks EGP14B From Arab Nations To Help Cover Deficit

Egypt is seeking 14 billion Egyptian pounds ($2.34 billion) in financial aid from Arab countries, which should be sufficient to cover its budget deficit for another 12 months, the country's finance minister Samir Radwan said Monday. more... (Zawya)

Qatar: Budget surplus for first half to be QR50bn

The budget surplus for the first half of the current fiscal (2011-12) is estimated at an astronomical QR50bn due to oil prices in the global markets ruling at much higher levels than that at which the budgetary estimates were based ($55 per barrel), reports Al Sharq quoting unnamed sources. more... (Zawya)

Iran-Egypt strong ties in favor of regional countries: Jalili

The secretary of Iran's Supreme National Security Council has said that strong relations between Iran and Egypt would change the balance of power in favor of regional countries. more... (Zawya)

 

Quote of the Day:

"Money is one of the most important subjects of your entire life. Some of life's greatest enjoyments and most of life's greatest disappointments stem from your decisions about money. Whether you experience great peace of mind or constant anxiety will depend on getting your finances under control." - Robert G Allen

 
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- May 11)
$1.39bn
All Sch. Banks Deposit Base (June 24, 2011)
Rs725.80bn
Inflation
CPI Gen. - YoY (June-11) 13.13%
   
CPI Gen. - FY11 (Jul- June 11) 13.90%
   
NFNE Core INFL - YoY (June 11) 10.40%
   
NFNE Core INFL -FY11 (Jul-June 11) 9.70%

Money Market

 
Price
Change
04-JUL-11
05-JUL-11
bps
Pakistan Euro Bond Price Yield (Maturity 2016)
87.548
-0.02%
10.52%
10.53%
0.70
     
04-JUL-11
05-JUL-11
bps
Pakistan Credit Default Swap (CDS 5 year) (USD)    
803.43
850.00
46.58

KIBOR Rates (%)
1 month
3 month
6 month
1 Year
Bid
13.06
13.29
13.53
13.74
Offer
13.56
13.54
13.78
14.24

Inter Bank Money Market Rates (Last closing ) (%)
Overnight
1 Week
1-Month
3-Month
6-Month
1-Year
High  
13.75
13.30
13.30
13.40
13.45
13.45
Low  
12.80
13.15
13.15
13.20
13.20
13.20

Key Fx Rates
PKR/USD
PKR/EURO
PKR/JPY
PKR/GBP
PKR/AED
EURIBOR
LIBOR
Closing
85.94
124.51
1.0612
137.92
23.40
1.81
0.40

T Bill Rates (%)
3 month
6 month
12 month
Avg.
13.33
13.64
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
1.17
3.01
3.14
3.32
5.21
8.34
12.41
13.55
Change bps
0.00
-1.00
-2.00
-4.00
-2.00
-1.50
3.00
0.00

Commodities

     
04-JUL-11
05-JUL-11
change
WTI (USD/bbl)    
95.00
97.50
2.63%
     
Brent (USD/bbl)    
110.72
113.84
2.82%
     
Arab Light (USD/bbl)    
106.64
108.86
2.08%

Domestic
Current
Previous
Change
High Speed Diesel (litre)
94.11
97.31
-3.29%
Furnace Oil (Rs/ton)
68,696.36
68,540.94
0.23%
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
41,657.00
41,528.00
0.31%
Rice IRRI -6(Rs/100kg)
3,764.00
3,754.00
0.27%
KCA Cotton (Rs/mound)
7,600.00
7,800.00
-2.56%
International
Current
Previous
Change
Coal Spot(USD/ton)
120.40
118.60
1.52%
Gold Futures (USD/oz)
1,515.65
1,497.07
1.24%
Sugar 11 (USD/lb)
27.60
27.25
1.28%
Steel (USD/ton)
735.91
733.08
0.39%
Wheat (CBT) (USD/bu)
671.75
650.75
3.23%
PTA (USD/ton)
1,155.00
1,195.00
-3.35%
Copper (USD/ton)
9,522.25
9,438.50
0.89%

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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.