BasedLine
Date: 27-July-2011
KSE-100 Index
Previous Index 12,394.49
Current Index
12,364.06
Change % -0.25%
YTD (CY11) 2.84%
YTD (FY12) -1.06%
KSE-100 Index
Previous Index 21,642.63
Current Index
21,580.26
Change % -0.29%
YTD (CY11) 14.76%
YTD (FY12) 3.08%
International Indicators
 
Close
%age
BSE-30 18,518.22 -1.87
HANGSENG 22,572.08 1.25
NIKKEI 225 10,097.72 0.47
FTSE 5,929.70 0.07
DJIA 12,501.30 -0.73
SSEC 2,703.03 0.53
NASDAQ 2,839.96 -0.10
 
Close
%age
TASI 6,476.59 0.07
KSE(Kuwait) 6,089.10 0.39
BSE 1,299.86 0.07
MSM 5,946.28 0.11
ADX 2,673.97 0.41
DFM 1,511.65 0.07
QSE 8,400.89 0.01
Capital Market Overview

Market watch : Stock market drops in dull session

Stock market fell in a lacklustre session on Tuesday as investors kept their distance from the trade session. more... (ET)

NAVs and Returns
as of July 26, 2011
Funds Offer Redemption
POAIIF
51.3086/-
50.7955/-
YTD Return
14.88%
POIAAF
54.95/-
53.58/-
YTD Return
2.55%
POAAAF
52.47/-
51.16/-
YTD Return
1.27%
POAF
11.37/-
YTD Return
16.74%
Funds Rating
AMC
AM3
POAIIF
A+ (f)
POAF
AA-
  June -11 May -11
MoM (%)
AUM's (PKR bn) 221.51 220.07 0.66%
No of AMCs 26 28 -7.14%
No of Funds 117 117 0.00%
KSE Market Data
KSE Market Data
Capitalization
Volume
Traded Val.
KSE Return
 
(USD bn)
(Rs. bn)
(Sh. mn)
(Rs.bn)
(YTD)
KSE100
35.11
3,019
24.88
1.70
2.84%
KSE30
6.86
590
17.74
1.59
1.98%
KMI30
5.12
440
11.64
1.11
14.76%
KSE All
37.98
3,266
54.54
1.77
2.50%
July 26, 2011
GDR
GDR Closing
GDR (USD)
KSE(Rs)
LSE(Rs)
YTD Chg.
MCB
2.60
195.32
111.98
-2.00%
OGDC
18.35
154.48
147.55
0.97%
UBL
2.00
60.90
43.07
-1.63%
LUCK
1.70
73.31
36.61
3.49%
July 26, 2011
F.I.P.I.  
(USD 000)
Buy Value
Sell Value
Net Value
Foreign Individiual
18.57
(24.03)
5.46
Foreign Corporates
886.79
(3,188.31)
(2,301.51)
Overseas Pakistani
8.72
(62.09)
21.63
Grand Total
989.08
(3,274.42)
(2,285.34)
F.I.P.I.
Foreign Investment              
Foreign Investors Portfolio Investment (FIPI USD mn)
CYTD
YoY Chg
MTD
Mom Chg.
25-July-11
26-July-11
Change
Gross Buy
457.62
-35.90%
38.37
-29.22%
0.68
0.99
-44.91%
Gross Sell
-448.72
9.09%
-59.67
160.67%
-1.98
-3.27
-65.21%
Net Buy/(Sell)
8.90
-97.11%
-21.29
-167.43%
-1.30
-2.29
-75.88%
S.C.R.A
Country
During the Period FY12TD
25-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
0.68
-
-
0.99
-
-
-0.31
0.01
0.05
-0.04
Luxembourg
1.95
-
-
15.70
-
-
-13.75
-
5.67
-5.67
Switzerland
4.19
0.06
-
1.06
-
-
3.18
0.09
-
0.09
UAE
0.20
0.23
-
-
-
-
0.43
0.12
-
0.12
UK
5.93
0.09
-
6.64
-
-
-0.62
0.06
0.04
0.02
USA
13.74
-
-
23.99
-
-
-10.25
0.63
4.18
-3.55
Total
26.93
0.37
-
48.38
-
-
-21.07
0.90
9.93
-9.04
News Clippings
Economy

SECP establishes forum to develop financial markets

The Securities and Exchange Commission of Pakistan (SECP) has formed the "SECP-Financial Markets and Corporate Sector Development Forum (the SECP forum)" to effectively engage policy makers, businessmen, market experts and wider stakeholders in a dialogue for development of fair, orderly and efficient non-bank financial markets and a vibrant corporate sector. more... (BR)

Economists for hold, traders for cut

Decision with respect to discount rate is eagerly eyed by all and sundry where traders are quite upbeat on a slash while economists are in favour of holding the discount rate at its current level of 14 per cent. more... (FD)

Govt to overcome loadshedding in the country soon: DG PEPCO

Director General of Pakistan Electric Power Company (PEPCO), Ejaz Rafique Qureshi on Tuesday said there is 17,000 MW demand across the country while last year it was 13,000 to 14,000 MW. more... (BR)

ENERCON to promote micro-financing of solar household products

The National Energy Conservation Centre (ENERCON) has initiated a process to conduct a study on micro-financing of solar household products that would help meet the dreams of power conservation. more... (BR)

 
Company & Sector Update

Govt. imposes fine of Rs6.1m on six oil companies

Government has imposed fine of Rs6.1 million on six oil marketing companies against not improving oil supply, Geo News reported on Tuesday. more... (N)

BEOE exports over 2.6mn labour during ten years: DG

Bureau of Emigration and Overseas Employment (BEOE) has exported over 2.6 million labour abroad during the last ten years. more... (BR)

CNG-Petrol price difference still not notified

The office bearers of CNG association have expressed their concern over government notification still not issued relating to the CNG-petrol price difference. more... (N)

MCB Bank announces financial results for half year ended June 30, 2011

MCB Bank Limited Tuesday announced financial results for half year ended June 30, 2011 profit before tax Rs16.162 billion, 30 percent cash dividend declared (earning per share Rs12.64). Board of Directors met today at Kuala Lumpur under chairmanship of Mian Mohammad Mansha to review performance of the bank and approve financial statements for half year ended June 30, 2011, says a press release. more... (BR)

 
Political

Federal secretary in trouble over notification

The federal government relegated Establishment Secretary Sohail Ahmed to a sinecure post of ‘officer on special duty' on Tuesday, about two hours after he had submitted to the Supreme Court a notification transferring Hussain Asghar, the IG of Gilgit-Baltistan, back to the Federal Investigation Agency in the face of a stern court warning of immediate action against him on contempt of court charge for not complying with its orders. more... (D)

US lobbied to stop Pakistan nuclear drive: documents

The United States waged a secret diplomatic campaign in the 1970s to prevent Pakistan from developing nuclear weapons by pressing countries to control exports, declassified documents said. more... (D)

US court accepts Dr Fai's bail plea

US court has accepted the bail plea filed by Kashmiri American Council leader Dr Ghulam Nabi Fai on $100,000 bond. more... (N)

Indo-Pak foreign ministers to meet today

Pakistan and India's foreign ministers were all set Wednesday to hold their first talks in a year, looking to breathe fresh life into a peace process still stifled by the trauma of the 2008 Mumbai attacks. more... (N)

 
GCC

Saudi United Wire's IPO Priced At SAR34/Share

he initial public offering of Saudi Arabia's United Wire Factories Co., also known as Aslak, is priced at 34 Saudi riyals ($9.1) a share, the IPO's financial advisor and lead manager said Tuesday. more... (Zawya)

Abu Dhabi's GDP growth accelerates

Abu Dhabi's economy witnessed 15.9 per cent growth last year, according to a report published by the Statistics Centre Abu Dhabi (Scad) Tuesday. more... (Gulf News)

Emaar's profit tumbles on Dubai Bank write-off

Emaar Properties Tuesday posted a 69 per cent decline in net profits for the second quarter of 2011 as the company wrote off its 30 per cent stake in Dubai Bank, which was taken over by the government earlier this year. more... (Gulf News)

Mashreq reports 22% increase in net profits

Mashreq, one of UAE's largest private sector lenders, Tuesday reported a 22 per cent increase in its net profit for the first half of 2011 to Dh551.6 million compared to Dh453 million for the same period in 2010, on an operating income of Dh2.2 billion. more... (Gulf News)

 

Quote of the Day:

"You only have to do a very few things right in your life so long as you don't do too many things wrong." Warren Buffett

 
Economic Highlights
Economic Indicators
GDP Growth FY12E
4.20%
GDP -2010
$176 bn
Per Capita Income FY10
$ 1,051
Population
176.71mn
US$ Reserves (July 16, 2011)
$18.23bn
Trade Balance (Jul 10- June 11)
($15.59bn)
Curr. A/C (Jul 10-June 11)
$542mn
Remittances (July 10- June 11)
$11.20bn
Foreign Investment (Jul 10- June 11)
$1.92bn
All Sch. Banks Deposit Base (July 08, 2011)
Rs727.17bn
Inflation
CPI Gen. - YoY (June-11) 13.13%
   
CPI Gen. - FY11 (Jul 10- June 11) 13.92%
   
NFNE Core INFL - YoY (June 11) 10.40%
   
NFNE Core INFL -FY11 (Jul-June 11) 9.70%

Money Market

 
Price
Change
25-JUL-11
26-JUL-11
bps
Pakistan Euro Bond Price Yield (Maturity 2016)
87.69
0.01%
10.52%
10.52%
0.00
     
25-JUL-11
26-JUL-11
bps
Pakistan Credit Default Swap (CDS 5 year) (USD)    
840.91
856.81
15.91

KIBOR Rates (%)
1 month
3 month
6 month
1 Year
Bid
13.27
13.35
13.56
13.74
Offer
13.77
13.60
13.81
14.24

Inter Bank Money Market Rates (Last closing ) (%)
Overnight
1 Week
1-Month
3-Month
6-Month
1-Year
High  
13.00
13.20
13.50
13.50
13.45
13.45
Low  
11.75
13.00
13.30
13.30
13.20
13.20

Key Fx Rates
PKR/USD
PKR/EURO
PKR/JPY
PKR/GBP
PKR/AED
EURIBOR
LIBOR
Closing
86.30
124.90
1.10
141.00
23.50
1.83
0.43

T Bill Rates (%)
3 month
6 month
12 month
Avg.
13.50
13.72
13.87
Last Cut Off.
13.49
13.74
13.91
Bond Rates (%) Cut Off
Bid
Offer
Previous
Current
5-Y PIB
14.05
13.90
14.05
13.90
10 Y-PIB
13.75
13.55
13.75
13.55

10 Yr Govt bond (%)
Japan
Germany
US
UK
Australia
India
Brazil
Pakistan
Yield
1.09
2.74
2.97
3.07
4.98
8.44
12.61
13.55
Change bps
-1.00
-2.00
-5.00
2.00
4.00
14.80
-2.00
0.00

Commodities

     
25-JUL-11
26-JUL-11
change
WTI (USD/bbl)    
99.53
99.44
-0.09%
     
Brent (USD/bbl)    
117.97
118.40
0.36%
     
Arab Light (USD/bbl)    
113.43
114.06
0.00%

Domestic
Current
Previous
Change
High Speed Diesel (litre)
92.10
97.31
-5.35%
Furnace Oil (Rs/ton)
68,485.16
68,540.94
1.38%
Cement (Rs. Bag Avg)
395.38
402.25
-1.71%
Urea Fertilizer (Rs/bag)
1,529.58
1,408.75
8.58%
Gold 24cr (Rs./10gm) Khi
44,400.00
44,485.00
-0.19%
Rice IRRI -6(Rs/100kg)
3,627.00
3,603.00
0.67%
KCA Cotton (Rs/mound)
5,000.00
5,200.00
-3.85%
International
Current
Previous
Change
Coal Spot(USD/ton)
118.95
121.45
-2.06%
Gold Futures (USD/oz)
1,619.30
1,614.15
0.32%
Sugar 11 (USD/lb)
30.94
30.74
0.65%
Steel (USD/ton)
750.31
750.33
0.00%
Wheat (CBT) (USD/bu)
694.00
688.50
0.80%
PTA (USD/ton)
1,205.00
1,170.00
2.99%
Copper (USD/ton)
9,798.00
9,633.00
1.71%

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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.