BasedLine
Date: 10-August-2011
KSE-100 Index
Previous Index 11,404.17
Current Index
11,034.92
Change % -3.24%
YTD (CY11) -8.21%
YTD (FY12) -11.69%
KSE-100 Index
Previous Index 20,151.89
Current Index
19,496.49
Change % -3.25%
YTD (CY11) 3.68%
YTD (FY12) -6.88%
International Indicators
 
Close
%age
BSE-30 16,875.91 -0.78
HANGSENG 19,330.70 -5.66
NIKKEI 225 8,944.48 -1.68
FTSE 5,164.90 1.89
DJIA 10,809.85 -5.55
SSEC 2,526.07 -0.03
NASDAQ 2,357.69 -6.90
 
Close
%age
TASI 6,008.67 -0.81
KSE(Kuwait) 5,882.20 -1.25
BSE 1,265.38 -0.73
MSM 5,505.21 -1.78
ADX 2,577.76 -1.34
DFM 1,444.29 -1.95
QSE 8,070.69 -1.76
Capital Market Overview

Market watch: Bourse continues to follow global downturn

The Karachi Stock Exchange (KSE) followed the global market trend and plummeted near the 11,000-point mark after a gap of almost 9 months amid panic selling. The stock market’s benchmark 100-share index dropped by 369 points or 3.24% to end at 11,034.92 points. more... (ET)

NAVs and Returns
as of August 09, 2011
Funds Offer Redemption
POGSF
10.05/-
10.05/-
YTD Return
16.55%
POAIIF
51.69/-
51.18/-
YTD Return
17.29%
POAAAF
48.81/-
47.59/-
YTD Return
-5.80%
POIAAF
52.12/-
52.82/-
YTD Return
-2.74%
POAF
11.39/-
YTD Return
12.17%
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
31.35
2,695
59.66
3.97
-8.21%
KSE30
6.05
520
51.54
3.89
-3.68%
KMI30
4.63
398
29.03
2.77
3.68%
KSE All
33.98
2,922
69.14
4.04
-8.27%
August 09, 2011
GDR
GDR Closing
GDR (USD)
KSE(Rs)
LSE(Rs)
YTD Chg.
MCB
2.60
166.03
112.40
-16.69%
OGDC
15.00
129.78
129.69
-15.17%
UBL
2.00
56.29
43.23
-9.08%
LUCK
1.70
70.82
36.75
-0.03%
August 09, 2011
F.I.P.I.  
(USD 000)
Buy Value
Sell Value
Net Value
Foreign Individiual
1.23
0.00
1.23
Foreign Corporates
1,805.61
(9,406.39)
-7,600.78
Overseas Pakistani
226.30
(182.92)
43.39
Grand Total
2,033.14
(9,589.30)
-7,556.16
F.I.P.I.
Foreign Investment              
Foreign Investors Portfolio Investment (FIPI USD mn)
CYTD
YoY Chg
MTD
Mom Chg.
08-Aug-11
09-Aug-11
Change
Gross Buy
488.80
-36.22%
16.94
-20.69%
2.46
2.03
-17.47%
Gross Sell
-492.55
13.69%
-21.22
80.11%
-3.84
-9.59
-149.74%
Net Buy/(Sell)
-3.75
-101.11%
-4.27
-289.25%
-1.38
-7.56
-447.83%
S.C.R.A
Country
During the Period FY12TD
08-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
3.16
-
-
20.80
-
-
-17.63
-
0.09
-0.09
Switzerland
5.23
0.05
-
9.69
-
-
-4.41
0.05
-
0.05
UAE
0.87
0.23
-
0.89
-
-
-0.31
-
-
-
UK
7.40
0.13
-
16.82
-
-
-9.30
0.44
1.33
-0.89
USA
24.73
-
-
46.25
-
-
-21.52
0.91
0.07
0.84
Total
46.75
0.41
-
99.02
-
-
-52.38
1.84
1.55
-0.29
News Clippings
Economy

Afghan goods allowed transloading, partial shipment

On the directives of President Asif Ali Zardari, Pakistan has allowed transloading and partial shipment of the perishable items like beef, sugar, rice pulses and other edible products of the Afghan cargo. more... (DT)

ADB assures to support power sector reforms

The Asian Development Bank (ADB) has assured to fully support power sector reforms, energy efficiency and improvement and energy conservation programme in Pakistan. more... (BR)

Pakistan missing the solar bandwagon

Solar energy getting popular across the world is also the best viable solution to energy shortages in Pakistan provided that the government invests or at least makes investor-friendly policies. more... (D)

IMF defers $1.74bn tranche

The crucial release of last two tranches of $1.74 billion each by International Monetary Fund (IMF) has been delayed for the seventh time on Tuesday, Daily Times learn . more... (DT )

Company & Sector Update

Rice exports target of 4.6 M/Tons fixed for year 2011–12

The delegation of Rice Exporters Association of Pakistan (REAP) here held a meeting with Zafar Mahmood, Federal Secretary Commerce, Ministry of Commerce at Trade Development Authority of Pakistan. more... (BR)

Mango traders urged for shipment through sea route to USA

The Private sector Mangoes traders have urged the United States and Government of Pakistan to allow shipment of commercial mango. more... (BR)

Dawlance to commence service marketing soon

“Success lies in consistently assessing what consumers need and delivering it to them.” This was stated by General Manager Marketing, Dawlance, Hasan Jameel, in a recent interview with the Business Recorder. more... (BR)

Gold hits new peak of Rs 57,000 per tola

Gold hit a record high on Tuesday in local and international markets as investors were afraid about the threat to global economy from European and US debt crises. more... (DT)

Political

Over 100 held in Karachi crackdown

More than 100 suspects have been arrested in Karachi in a crackdown to curb violence, provincial home minister Manzoor Wassan said yesterday. Five more people were reportedly killed in new firing incidents in the port city. more... (Gulf News)

Pakistan seeks ‘new chapter’ in India ties

Foreign Minister Hina Rabbani Khar told the National Assembly on Tuesday that Pakistan sought to open a “new chapter” in relations with India through renewed peace talks, over which the government promised a debate in the next house session. more...(D)

Five-day gas cut for CNG sector planned

With the country facing the threat of even a more severe energy crisis from October this year, the government is reported to be discussing a proposal to impose a drastic gas cut to transport sector. more... (D)

PTI leader murdered in Peshawar

A senior leader of the Pakistan Tehreek-e-Insaf (PTI) Safdar Lala, who had recently joined the party, was murdered in Peshawar, a private television channel reported on Tuesda. more... (DT)

GCC

Abu Dhabi Crown Prince receives envoys and officials

General Shaikh Mohammad Bin Zayed Al Nahyan, Abu Dhabi Crown Prince and Deputy Supreme Commander of the UAE Armed Forces, received UAE ambassadors, representatives and Foreign Ministry directors. more... (Gulf News)

Kuwait warns against Syrian embassy demonstrations

Kuwait's interior ministry has warned that it would not tolerate demonstrations in front of the Syrian embassy. more... (Gulf News)

Bahrain Ctrl Bk Head: Will Keep Currency Pegged To Dollar

Bahrain, the smallest economy in the six-member Gulf Cooperation Council, will keep its currency pegged to the U.S. dollar, despite the greenback's recent woes and a historic downgrade of U.S. debt by ratings firm Standard & Poor's last week. more... (Zawya)

Infrastructure strategies to be explored at Jeddah forum

Among the exhibits will be products and services to government organizations, EPC contractors, construction companies and companies involved in the reshaping and developing Saudi Arabia's infrastructure. more... (Zawya)

Quote of the Day:

"Leadership is based on inspiration, not domination; on cooperation, not intimidation."William Arthur Ward
 
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
0.00
-9.00
-22.00
5.00
-7.00
-14.70
0.00
-2.00

Commodities

     
09-AUG-11
10-AUG-11
change
WTI (USD/bbl)    
77.20
81.60
5.70%
     
Brent (USD/bbl)    
103.17
105.00
1.77%
     
Arab Light (USD/bbl)    
99.29
100.15
-0.87%

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
48,857.00
45,985.00
6.24%
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)
27.49
27.79
-1.08%
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%

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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.