BasedLine
Date: 11-July-2011
KSE-100 Index
Previous Index 12,441.40
Current Index
12,390.12
Change % -0.41%
YTD (CY11) 3.06%
YTD (FY12) -0.85%
KSE-100 Index
Previous Index 21,355.60
Current Index 21,330.46
Change % -0.12%
YTD (CY11) 13.43%
YTD (FY12) 1.88%
International Indicators
 
Close
%age
BSE-30 18,858.04 -1.15
HANGSENG 22,726.43 0.87
NIKKEI 225 10,137.73 0.66
FTSE 5,990.60 -1.05
DJIA 12,657.20 -0.49
SSEC 2,797.77 0.13
NASDAQ 2,859.81 -0.45
 
Close
%age
TASI 6,581.38 -0.71
KSE(Kuwait) 6,211.20 -0.03
BSE 1,319.43 -0.01
MSM 5,992.98 0.29
ADX 2,721.77 0.26
DFM 1,567.12 0.60
QSE 8,488.12 -0.17
Capital Market Overview

Weekly review: Worsening law and order takes its toll on bourse

The deteriorating law and order situation in Karachi, the commercial hub of the country, took its toll on the stock market as the benchmark KSE-100 index closed down 0.8 per cent or 94 points, during the week ended July 8. more... (ET)

NAVs and Returns
as of July 08, 2011
Funds Offer Redemption
POAIIF
51.0256/-
50.5153/-
YTD Return
21.97%
POIAAF
54.23/-
52.87/-
YTD Return
0.81%
POAAAF
52.24/-
50.93/-
YTD Return
1.19%
POAF
11.28/-
YTD Return
13.93%
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
35.15
3,023
23.89
0.97
3.06%
KSE30
6.84
589
15.38
0.89
1.74%
KMI30
5.06
435
5.16
0.43
13.43%
KSE All
37.93
3,262
29.53
0.99
2.84%
July 08, 2011
GDR
GDR Closing
GDR (USD)
KSE(Rs)
LSE(Rs)
YTD Chg.
MCB
2.60
201.82
111.59
1.26%
OGDC
19.31
153.65
165.76
0.43%
UBL
2.00
61.88
42.92
-0.05%
LUCK
1.70
72.33
36.48
2.10%
July08, 2011
F.I.P.I.  
(USD 000)
Buy Value
Sell Value
Net Value
Foreign Individiual
6.44
(2.69)
3.75
Foreign Corporates
2,704.82
(2,879.19)
(174.36)
Overseas Pakistani
76.17
(48.50)
27.67
Grand Total
2,787.43
(2,930.37)
(142.94)
F.I.P.I.
Foreign Investment              
Foreign Investors Portfolio Investment (FIPI USD mn)
CYTD
YoY Chg
MTD
Mom Chg.
07-July-11
08-July-11
Change
Gross Buy
433.28
-35.18%
14.04
-15.52%
2.79
2.79
0.00%
Gross Sell
-400.83
2.13%
-11.78
-2.69%
-4.87
-2.93
39.84%
Net Buy/(Sell)
32.45
-88.46%
2.26
-49.94%
-2.07
-0.14
93.24%
S.C.R.A
Country
During the Period FY12TD
08-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
0.15
-
-
0.19
-
-
-0.04
0.001
0.09
-0.08
Luxembourg
1.09
-
-
3.30
-
-
-2.21
0.00
0.26
-0.26
Switzerland
1.51
0.05
-
0.61
-
-
0.96
0.34
-
0.34
UAE
-
-
-
-
-
-
-
-
-
-
UK
0.56
-
-
0.57
-
-
-0.01
0.27
-
0.27
USA
5.27
-
-
2.11
-
-
3.16
0.63
0.14
0.50
Total
8.58
0.05
-
6.78
-
-
1.85
1.28
0.48
0.79
News Clippings
Economy

US withholding some aid to Pakistan: White House

The United States will withhold some $800 million in military assistance to Pakistan, the White House said on Sunday. White House Chief of Staff William Daley told ABC's "This Week" program that Pakistan had "taken some steps" that have given the Obama administration "reason to pause" on aid." more... (BR)

Weekly inflation goes up 0.72 pc over previous week

The Sensitive Price Indicator (SPI), for the week ended on July 7, for the lowest income group up to Rs3,000, has registered an increase of 0.72 percent over the previous week. more... (BR)

Chairman FBR to visit Karachi for holding meetings with trade bodies

Chairman Federal Board of Revenue (FBR), Salman Siddique, will be visiting Karachi from July 9-10 to hold meeting with Federation of Pakistan Chamber of Commerce and Industry, Karachi Chamber of Commerce as well as other trade bodies. more... (BR)

Remittances surge to all-time high of $11 billion

The State Bank of Pakistan (SBP) has announced that remittances sent home by overseas Pakistani workers crossed the $11 billion mark for the first time in the country's history during the last fiscal year (2010-11). more... (ET)

 
Company & Sector Update

Petroleum ministry not authorized to issue notification on gas pricing now

Ministry of Petroleum and Natural Resources has said the decision regarding gas pricing is still pending and it is not authorized to issue any kind of notification at this stage. more... (BR)

Energy pricing: Govt may raise cap on gas prices

In a bid to make investment in the Pakistani oil and gas sector more attractive to foreign investors, the government is set to increase the cap on gas prices by 30% by revising the existing pricing formula. more... (ET)

Textile industry: SNGPL assures five days a week gas supply

SNGPL Managing Director Arif Hameed has assured Aptma that the company will provide the textile industry with gas five days a week. Earlier Federal Minister for Petroleum Asim Hussain had also said that gas will be provided for five days from July 5. more... (ET)

No shortage of sugar as enough stocks available in the country

Chairman Trading Corporation of Pakistan (TCP) Sheikh Anjum Bashir said that there would be no shortage of sugar particularly during Ramazan as TCP has enough stocks of the commodity. more... (BR)

 
Political

PTI to intensify campaign against government

The Pakistan Tehrik-i-Insaf (PTI) has decided to hold a series of demonstrations against the PPP-led coalition government to mount pressure for mid-term elections under a neutral interim set-up. more... (D)

Sindh govt notifies its divisions, districts

After the notification of the Commissionerate System to the Government of Sindh by the Federal Government, the provincial government divided the province into five divisions. more... (BR)

MQM says Mirza met Afaq, sounds alarm

The Muttahida Qaumi Movement saw red when it said it emerged on Sunday that former home minister Dr Zulfiqar Mirza had met its nemesis Afaq Ahmed in jail the previous night and planned an attack on the party headquarters. more... (D)

MQM rejects revival of commissionerate system

Muttahida Qaumi Movement (MQM) has rejected revival of commissionerate system in Sindh and decided to contest provincial government's decision in courts. more... (DT)

 
GCC

US calls on Saleh to sign off on power transfer

A top aide to US President Barack Obama called Sunday on Yemen's injured President Ali Abdullah Saleh to sign a deal transferring power, during a face-to-face meeting in Saudi Arabia. more... (DT)

GCC public-private contracts hit $628bn in last decade: KFH

Partnership project contracts between GCC public and private sectors awarded in the infrastructure sector during the last 10 years is worth some $628bn. more... (Gulf Times)

Oil down in Asia on US jobs report, China inflation

Oil was down in Asian trade on Monday following a slump in US job creation as well as soaring Chinese inflation rates, analysts said. New York's main contract, light sweet crude for delivery in August, fell 19 cents to $96.01 a barrel. Brent North Sea crude for August delivery shed 39 cents to $117.94. more... (Zawya)

Iran will invest $18b to boost south's oil output

Iran plans to invest $18 billion (Dh66.06 billion) by 2015 to boost south's output and expects its Yadavaran field to start production in a few months, the Iranian Oil Ministry's website Shana said Sunday. more... (Gulf News)

 

Quote of the Day:

" The important thing is not being afraid to take a chance. Remember, the greatest failure is to not try. Once you find something you love to do, be the best at doing it. " - Debbi Fields

 
Economic Highlights
Economic Indicators
GDP Growth FY11E
2.50%
GDP -2010
$176 bn
Per Capita Income
$ 1,051
Population
176.57mn
US$ Reserves (July 02, 2011)
$18.25bn
Trade Balance (Jul 10- May 11)
($14.11bn)
Curr. A/C (Jul 10-May 11)
$205mn
Remittances (July 10- June 11)
$11.20bn
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
07-JUL-11
08-JUL-11
bps
Pakistan Euro Bond Price Yield (Maturity 2016)
87.749
0.12%
10.51%
10.48%
-3.10
     
07-JUL-11
08-JUL-11
bps
Pakistan Credit Default Swap (CDS 5 year) (USD)    
849.99
864.55
14.46

KIBOR Rates (%)
1 month
3 month
6 month
1 Year
Bid
13.14
13.30
13.55
13.75
Offer
13.64
13.55
13.80
14.25

Inter Bank Money Market Rates (Last closing ) (%)
Overnight
1 Week
1-Month
3-Month
6-Month
1-Year
High  
13.90
13.30
13.50
13.50
13.50
13.45
Low  
13.90
13.25
13.30
13.30
13.30
13.20

Key Fx Rates
PKR/USD
PKR/EURO
PKR/JPY
PKR/GBP
PKR/AED
EURIBOR
LIBOR
Closing
85.84
122.32
1.0643
137.66
23.36
1.83
0.40

T Bill Rates (%)
3 month
6 month
12 month
Avg.
13.40
13.65
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
2.83
3.02
3.19
5.10
8.35
12.43
13.55
Change bps
-3.20
0.00
-1.10
0.00
-13.00
-0.40
0.90
0.00

Commodities

     
07-JUL-11
08-JUL-11
change
WTI (USD/bbl)    
98.50
95.54
-3.00%
     
Brent (USD/bbl)    
117.92
117.71
-0.18%
     
Arab Light (USD/bbl)    
113.69
113.27
-0.37%

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
42,171.00
42,171.00
0.00%
Rice IRRI -6(Rs/100kg)
3,809.00
3,800.00
0.24%
KCA Cotton (Rs/mound)
6,800.00
7,100.00
-4.22%
International
Current
Previous
Change
Coal Spot(USD/ton)
120.40
118.60
1.52%
Gold Futures (USD/oz)
1,544.15
1,544.15
0.00%
Sugar 11 (USD/lb)
29.36
29.52
6.03%
Steel (USD/ton)
736.54
735.72
0.11%
Wheat (CBT) (USD/bu)
612.25
614.25
-0.33%
PTA (USD/ton)
1,155.00
1,195.00
-3.35%
Copper (USD/ton)
9,644.00
9,724.00
-0.82%

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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.