BasedLine
Date: 13-July-2011
KSE-100 Index
Previous Index 12,291.90
Current Index
12191.78
Change % -0.81%
YTD (CY11) 1.41%
YTD (FY12) -2.43%
KSE-100 Index
Previous Index 21,250.84
Current Index 21,175.61
Change % -0.35%
YTD (CY11) 12.61%
YTD (FY12) 1.14%
International Indicators
 
Close
%age
BSE-30 18,411.62 -1.65
HANGSENG 21,663.16 -3.06
NIKKEI 225 9,927.95 -1.41
FTSE 5,869.00 -1.01
DJIA 12,446.88 -0.47
SSEC 2,754.58 -1.72
NASDAQ 2,781.91 -0.74
 
Close
%age
TASI 6,490.23 -1.17
KSE(Kuwait) 6,165.00 -0.30
BSE 1,318.32 -0.05
MSM 5,967.67 -0.29
ADX 2,713.30 -0.44
DFM 1,532.92 -1.02
QSE 8,424.79 -0.85
Capital Market Overview

Market Watch: Stock market plummets 100 points

The stock market continued its downward trend on Tuesday to close at a three-week low amid dismal volumes. The Karachi Stock Exchange's (KSE) benchmark 100-share index dropped 0.81 per cent or 100.12 points to end at 12,191.78 point level. more... (ET)

NAVs and Returns
as of July 12, 2011
Funds Offer Redemption
POAIIF
51.1031/-
50.5921/-
YTD Return
19.55%
POIAAF
54.24/-
52.88/-
YTD Return
1.21%
POAAAF
52.21/-
50.90/-
YTD Return
0.75%
POAF
11.31/-
YTD Return
19.03%
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
34.59
2,975
24.87
1.24
1.41%
KSE30
6.77
582
16.19
1.13
0.63%
KMI30
5.02
432
10.45
0.86
12.61%
KSE All
37.36
3,213
32.21
1.30
1.27%
July 12, 2011
GDR
GDR Closing
GDR (USD)
KSE(Rs)
LSE(Rs)
YTD Chg.
MCB
2.60
199.88
111.57
0.29%
OGDC
18.35
150.06
157.48
-1.92%
UBL
2.00
60.57
42.91
-2.16%
LUCK
1.70
71.27
36.47
0.61%
July12, 2011
F.I.P.I.  
(USD 000)
Buy Value
Sell Value
Net Value
Foreign Individiual
6.46
(32.48)
(26.02)
Foreign Corporates
658.04
(1,039.35)
(381.30)
Overseas Pakistani
53.64
(29.80)
23.85
Grand Total
718.16
(1,101.63)
(343.48)
F.I.P.I.
Foreign Investment              
Foreign Investors Portfolio Investment (FIPI USD mn)
CYTD
YoY Chg
MTD
Mom Chg.
11-July-11
12-July-11
Change
Gross Buy
433.28
-35.18%
14.04
-15.52%
3.59
0.72
-79.94%
Gross Sell
-400.83
2.13%
-11.78
-2.69%
-0.85
-1.10
-29.41%
Net Buy/(Sell)
32.45
-88.46%
2.26
-49.94%
2.74
-0.34
-112.41%
S.C.R.A
Country
During the Period FY12TD
11-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
-
-
0.31
-
-
-0.15
0.00
0.12
-0.12
Luxembourg
1.09
-
-
5.75
-
-
-4.66
-
2.45
-2.45
Switzerland
1.60
0.05
-
0.63
-
-
1.03
0.09
0.02
0.07
UAE
-
-
-
-
-
-
-
-
-
-
UK
0.63
-
-
0.79
-
-
-0.16
0.07
0.22
-0.15
USA
6.55
-
-
3.53
-
-
3.12
1.38
1.42
-0.04
Total
10.26
0.05
-
11.16
-
-
-0.84
1.55
4.23
-2.69
News Clippings
Economy

US woman denies aiding Pakistan nuclear project

A wealthy San Francisco-area suburbanite on Tuesday rebutted charges that she was the ringleader of a scheme to illegally export special paint used in the construction of a Pakistani nuclear plant. more... (D)

First consignment of Pakistani mangoes to be sent on July 27

Pakistan Horticulture Development and Export Company (PHDEC) with the support of Ministry of Commerce has made all the arrangement to send a shipment of Pakistani Mangoes to the United States of America on July 27. . more... (BR)

Pakistan expects oil imports to rise sharply

Pakistan expects to import more than 22 million tonnes of crude oil and petroleum products in fiscal year 2011/12 (July-June), Petroleum Ministry officials said on Tuesday, a nearly 12 percent rise over the previous year. more... (BR)

IPDF investor forum to promote trucking industry on Wednesday

The Infrastructure Project Development Facility (IPDF) and the Ministry of Finance will hold an investor forum on July 13 (Wednesday) for opportunities in automobile sector to be implemented on Public Private Partnership modality . more... (BR)

 
Company & Sector Update

Burj Bank to develop modern Islamic finance system in Pakistan

Dawood Islamic Bank rebranded as Burj Bank has been geared up to develop a modern Islamic finance system in Pakistan with professional skills of strategic planning and management. more... (BR)

Conference of satellite technology experts begins at COMSTECH

A four-day international conference of the satellite technology experts of the Islamic countries started on Tuesday to develop mechanism and tackle disasters by satellite data sharing. more... (BR)

New formula for CNG, petroleum prices agreed

The CNG Association and the Ministry of Petroleum and Natural Resources have agreed to a new formula seeking CNG and petroleum prices at a ratio of 55:45. more... (BR)

Fiscal 2011 review: Car sales fight the tide, rise 3.2%

Car sales managed to crawl up despite natural calamities making the ride bumpy in the outgoing financial year.. more... (ET)

 
Political

Wasan hints at ‘operation' for peace in Karachi

Sindh Home Minister Manzoor Wasan said on Tuesday that an ‘operation' was imminent to permanently restore peace in Karachi. . more... (D)

Shujaat visits 90, urges MQM to rejoin govt

PML-Q chief Chaudhry Shujaat Hussain visited Nine Zero, the headquarters of Muttahida Qaumi Movement, on Tuesday night and listened to the party`s grievances. . more... (D)

Gilani reiterates talks offer to exiled Baloch leaders

Prime Minister Yousuf Raza Gilani has reiterated his offer of dialogue to exiled Baloch nationalist leaders and said that negotiations are the only way to resolve issues . more... (D)

Pakistan could “pull troops from Afghan border” if US cuts aid

Pakistan could pull back troops fighting militants near the Afghan border if the United States cuts off aid, the defence minister said on Tuesday in an interview with Pakistani media. . more... (D)

 
GCC

GCC ready for customs union launch by 2015

The six-nation Gulf Cooperation Council will complete measures to establish a regional customs union by 2015, according to the official Saudi Press Agency (SPA). more... (Gulf News)

Stocks reel on global economy fears

Stocks opened sharply lower yesterday amid fresh fears about the global economy.The Dow Jones industrial average fell 144 points, or 1.1 per cent, to 12,513, at the start of trading. The Standard & Poor's 500 index fell 19, or 1.4 per cent, to 1,324. Every industry group in the S&P 500 fell. The Nasdaq composite fell 36, or 1.3 per cent, to 2,824. more... (Gulf News)

Arabian Automobiles posts 20% rise in first-half sales

Dubai: It was a mix of the external and internal combustions that weighed heavily on demand and sales of Japanese automobile brands during the first-half of the year. more... (Gulf News)

Oil drops on signs China, US fuel demand may slow

Oil declined for a second day in New York as investors bet that a slump in Chinese imports and rising unemployment in the US indicated that fuel demand may falter in the world's biggest crude-consuming nations. more... (Gulf News)

 

Quote of the Day:

" If you do build a great experience, customers tell each other about that. Word of mouth is very powerful." -Jeff Bezos

 
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
11-JUL-11
12-JUL-11
bps
Pakistan Euro Bond Price Yield (Maturity 2016)
87.529
-0.23%
10.49%
10.55%
6.00
     
11-JUL-11
12-JUL-11
bps
Pakistan Credit Default Swap (CDS 5 year) (USD)    
850.00
850.00
0.00

KIBOR Rates (%)
1 month
3 month
6 month
1 Year
Bid
13.20
13.30
13.56
13.76
Offer
13.70
13.55
13.81
14.26

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
13.50
13.45
13.45
Low  
13.60
13.30
13.30
13.30
13.20
13.20

Key Fx Rates
PKR/USD
PKR/EURO
PKR/JPY
PKR/GBP
PKR/AED
EURIBOR
LIBOR
Closing
85.83
119.98
1.0728
136.42
23.40
1.82
0.41

T Bill Rates (%)
3 month
6 month
12 month
Avg.
13.45
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
1.11
2.71
2.89
3.09
4.94
8.28
12.46
13.55
Change bps
0.00
4.00
1.00
0.00
-2.00
-4.20
4.00
0.00

Commodities

     
11-JUL-11
12-JUL-11
change
WTI (USD/bbl)    
94.63
97.57
3.11%
     
Brent (USD/bbl)    
116.66
117.63
0.83%
     
Arab Light (USD/bbl)    
112.18
112.45
0.24%

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
42,642.00
42,600.00
0.10%
Rice IRRI -6(Rs/100kg)
2,829.00
3,856.00
-26.63%
KCA Cotton (Rs/mound)
6,700.00
6,800.00
-1.47%
International
Current
Previous
Change
Coal Spot(USD/ton)
121.45
120.40
0.87%
Gold Futures (USD/oz)
1,567.70
1,553.47
0.92%
Sugar 11 (USD/lb)
30.49
28.92
5.43%
Steel (USD/ton)
737.40
737.11
0.04%
Wheat (CBT) (USD/bu)
672.00
639.25
5.12%
PTA (USD/ton)
1,170.00
1,155.00
1.30%
Copper (USD/ton)
9,629.00
9,549.00
0.84%

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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.