BasedLine
Date: 09-August-2011
KSE-100 Index
Previous Index 11,375.09
Current Index
11,404.17
Change % 0.26%
YTD (CY11) -5.14%
YTD (FY12) -8.74%
KSE-100 Index
Previous Index 19,964.77
Current Index
20,151.89
Change % 0.94%
YTD (CY11) 7.16%
YTD (FY12) -3.75%
International Indicators
 
Close
%age
BSE-30 16,990.18 -1.82
HANGSENG 20,490.57 -2.18
NIKKEI 225 9,097.56 -2.18
FTSE 5,069.00 -3.39
DJIA 10,809.85 -5.55
SSEC 2,526.82 -3.79
NASDAQ 2,357.69 -6.90
 
Close
%age
TASI 6,057.79 -0.33
KSE(Kuwait) 5,956.40 -0.20
BSE 1,274.69 -0.17
MSM 5,604.93 -0.82
ADX 2,612.80 0.37
DFM 1,473.07 -0.76
QSE 8,215.06 -0.76
Capital Market Overview

Market watch: Stock market makes gains against odds

Despite an early fall, the stock market recovered enough to end the day in the positive territory, defying the trend in other Asian markets. more... (ET)

NAVs and Returns
as of August 08, 2011
Funds Offer Redemption
POGSF
10.05/-
10.05/-
YTD Return
4.84%
POAIIF
51.68/-
51.16/-
YTD Return
17.47%
POAAAF
50.18/-
48.93/-
YTD Return
-3.15%
POIAAF
53.42/-
52.08/-
YTD Return
-0.33%
POAF
11.39/-
YTD Return
12.14%
Funds Rating
AMC
AM3
POAIIF
A+ (f)
POAF
AA-
  Jun-11 May -11
MoM (%)
AUM's (PKR bn) 221.51 220.07 0.66%
No of AMCs 26 28 -7.14%
No of Funds 119 117 1.71%
KSE Market Data
KSE Market Data
Capitalization
Volume
Traded Val.
KSE Return
 
(USD bn)
(Rs. bn)
(Sh. mn)
(Rs.bn)
(YTD)
KSE100
32.39
2,786
88.70
4.23
-5.14%
KSE30
6.29
541
66.80
4.06
-6.67%
KMI30
4.78
411
35.88
2.72
7.16%
KSE All
35.07
3,016
106.74
4.38
-5.34%
August 08, 2011
GDR
GDR Closing
GDR (USD)
KSE(Rs)
LSE(Rs)
YTD Chg.
MCB
2.60
174.76
112.10
-12.31%
OGDC
18.00
136.23
155.21
-10.95%
UBL
2.00
56.59
43.12
-8.59%
LUCK
1.70
72.32
36.65
2.09%
August 08, 2011
F.I.P.I.  
(USD 000)
Buy Value
Sell Value
Net Value
Foreign Individiual
5.68
(6.55)
(0.87)
Foreign Corporates
2,169.57
(3,529.29)
-1,359.72
Overseas Pakistani
1,112.29
(305.23)
-18.12
Grand Total
2,462.37
(3,841.08)
-1,378.71
F.I.P.I.
Foreign Investment              
Foreign Investors Portfolio Investment (FIPI USD mn)
CYTD
YoY Chg
MTD
Mom Chg.
05-Aug-11
08-Aug-11
Change
Gross Buy
486.76
-36.04%
14.91
-36.69%
2.83
2.46
-13.07%
Gross Sell
-482.96
11.58%
-11.63
35.18%
-2.35
-3.84
-63.40%
Net Buy/(Sell)
3.80
-98.86%
3.28
-78.22%
0.48
-1.38
-185.41%
S.C.R.A
Country
During the Period FY12TD
05-Aug-2011
Cumulative Inflow
Cumulative Outflow
Cumulative
Net flow
Inflow
Outflow
Net Flow
Equity
T-Bill
PIBs
Equity
T-Bill
PIBs
Equity
Equity
Hong Kong
0.70
-
-
1.18
-
-
-0.48
-
-
-
Luxembourg
3.15
-
-
20.70
-
-
-17.54
-
0.25
-0.25
Switzerland
5.18
0.05
-
9.69
-
-
-4.46
-
0
0
UAE
0.87
0.23
-
0.89
-
-
-0.31
-
-
-
UK
6.96
0.13
-
15.49
-
-
-8.40
-
2.64
-2.64
USA
23.82
-
-
46.19
-
-
-22.36
1.90
0.37
-1.53
Total
44.91
0.41
-
94.47
-
-
-52.66
2.43
3.26
-0.83
News Clippings
Economy

Ministry of Commerce efforts for 72 items export to EU

The Ministry of Commerce is taking steps to get approval for the export of 72 items to European Union and getting GSP Plus status for Pakistan. more... (BR)

New communication satellite 'PakSat-1R' important for many reasons

Pakistan's Ambassador to China, Masood Khan has said that Pakistan's new communication satellite -PakSat-1R, is important for the country for many reasons. more... (BR)

Strategy devised to broaden tax base

Board-In-Council of the Federal Board of Revenue on Monday chalked out a roadmap which is aimed at broadening the tax base—and bringing in the tax net new identified potential of 700,000 taxpayers during 2011-12. more... (DT)

MoC, TDAP working to boost exports

Ministry of Commerce (MoC) and Trade Development Authority of Pakistan (TDAP) will continue to provide enabling environment for the exporter community to further boost exports. more... (DT )

Company & Sector Update

PRGMEA seeks textile industry’s help to avert future crisis

Pakistan Ready-made Garments Manufacturers and Exporters Association (PRGMEA) has sought support from the textile industry stakeholders in generating demand for locally produced bumper cotton crop to avoid crisis ahead. more... (DT)

Package for railways to improve its performance

Minister for Pakistan Railways (PR) Ghulam Ahmad Bilour on Monday expressed the hope that Rs 10.2 billion bailout package announced by the government for the railways will improve its performance. more... (DT)

Phutti purchasing remains suspended

Ginning factories remained closed for the second day and ginners did not buy the "Phutti"(raw-cotton) from the farmers as per decision of the general body of PCGA. more... (BR)

Decline in cotton prices

Decline in cotton prices and 16 textile related associations are considering to develop joint strategy to maintain textile exports at $14 billion mark.. more... (BR)

Political

PM sounds out Saudis on weapons sale

Prime Minister Yousuf Raza Gilani held extensive talks with King Abdullah on Monday.They discussed ways of enhancing trade and economic ties between the two countries. more... (D)

Commanders back govt efforts to quell Karachi violence

While the army command on Monday appeared worried about the continuing wave of violence in the country’s commercial and financial hub that has so far claimed over 800 lives, it decided to stay out of the Karachi imbroglio and instead backed the government’s efforts for bringing back peace. more...(D)

Khosa for consensus on Saraiki province

Punjab Governor Sardar Latif Khan Khosa has urged all the political leaders, including the Sharif brothers, to develop a consensus over the Saraiki province through consultation. more... (DT)

Rain wards off PPP-ANP ‘showdown’ in NA

Torrential rain in the federal capital on Monday averted a likely “showdown” between the Pakistan People’s Party (PPP) and its coalition partner Awami National Party (ANP) in the National Assembly when the session was adjourned due to inability of a majority of the members to make it to the House.. more... (DT)

GCC

UAE is pursuing balanced and moderate foreign policy

President His Highness Shaikh Khalifa Bin Zayed Al Nahyan affirmed that the UAE’s successful foreign policy is one of the country’s most prominent achievements. more... (Gulf News)

Gulf countries sends stern message to Syria

While Damascus was sharpening its diplomatic weapons to receive Turkey's Foreign Minister Ahmet Davutoglu Tuesday, three Gulf countries recalled their representatives from the Syrian capital for ‘consultations'. more... (Gulf News)

Country's banking sector has no investment in US securities

An historic credit downgrading of the United States, the world's largest economy, would have no impact on UAE banks as they have no investment in US securities, a local financial analyst said on Monday. more... (Zawya)

Kuwait Investors Become Largest GCC Buyers of Dubai Real Estate

Investors from Kuwait now account for nearly 60% of all properties purchased by GCC nationals in the emirate of Dubai, according to new figures from the UAE Ministry of Finance. more... (Zawya)

Quote of the Day:
"Don't worry about anything. Worrying never solved anything. All it does is distort your mind.” Milton Garland
 
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 30, 2011)
$18.31bn
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 15, 2011)
Rs731.34bn
Inflation
CPI Gen. - YoY (July-11) 13.77%
   
CPI Gen. - FY11 (Jul 10- June 11) 13.92%
   
NFNE Core INFL - YoY (July 11) 10.70%
   
NFNE Core INFL -FY11 (Jul-June 11) 9.70%

Money Market

 
Price
Change
05-AUG-11
08-AUG-11
bps
Pakistan Euro Bond Price Yield (Maturity 2016)
88.03
-0.22%
10.38%
10.44%
6.20
     
05-AUG-11
08-AUG-11
bps
Pakistan Credit Default Swap (CDS 5 year) (USD)    
972.35
1,060.03
87.68

KIBOR Rates (%)
1 month
3 month
6 month
1 Year
Bid
12.73
13.01
13.11
13.22
Offer
13.23
13.26
13.36
13.72

Inter Bank Money Market Rates (Last closing ) (%)
Overnight
1 Week
1-Month
3-Month
6-Month
1-Year
High  
13.75
13.20
13.50
13.50
13.45
13.45
Low  
12.25
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
86.49
123.83
1.22
141.91
23.55
1.76
0.44

T Bill Rates (%)
3 month
6 month
12 month
Avg.
13.15
13.25
13.32
Last Cut Off.
13.53
13.78
13.92
Bond Rates (%) Cut Off
Bid
Offer
Previous
Current
5-Y PIB
13.45
13.55
13.45
13.55
10 Y-PIB
13.50
13.58
13.50
13.58

10 Yr Govt bond (%)
Japan
Germany
US
UK
Australia
India
Brazil
Pakistan
Yield
1.01
2.26
2.30
2.64
4.47
8.26
12.61
13.58
Change bps
1.00
-9.00
-22.00
5.00
-7.00
-14.70
0.00
-2.00

Commodities

     
05-AUG-11
09-AUG-11
change
WTI (USD/bbl)    
83.86
77.20
-7.94%
     
Brent (USD/bbl)    
106.48
103.17
-3.11%
     
Arab Light (USD/bbl)    
99.45
99.29
-0.16%

Domestic
Current
Previous
Change
High Speed Diesel (litre)
92.10
97.31
-5.35%
Furnace Oil (Rs/ton)
72,041.80
69,485.16
3.68%
Cement (Rs. Bag Avg)
396.75
397.13
-0.09%
Urea Fertilizer (Rs/bag)
1,643.33
1,616.25
1.68%
Gold 24cr (Rs./10gm) Khi
47,014.00
45,985.00
2.24%
Rice IRRI -6(Rs/100kg)
3,684
3,714.00
-2.06%
KCA Cotton (Rs/mound)
6,200.00
6,000.00
3.33%
International
Current
Previous
Change
Coal Spot(USD/ton)
118.75
121.45
-2.22%
Gold Futures (USD/oz)
1,719.53
1,646.53
4.43%
Sugar 11 (USD/lb)
27.79
26.98
-2.91%
Steel (USD/ton)
752.09
753.00
-0.12%
Wheat (CBT) (USD/bu)
694.75
725.50
-4.24%
PTA (USD/ton)
1,225.00
1,170.00
4.70%
Copper (USD/ton)
8,759.75
9,329.50
-6.11%

Kindly Click here for PDF Version |

(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.