BasedLine
Date: 15-August-2011
KSE-100 Index
Previous Index 11,264.95
Current Index
11,262.04
Change % -0.03%
YTD (CY11) -6.32%
YTD (FY12) -9.88%
KSE-100 Index
Previous Index 19,965.89
Current Index
19,965.89
Change % 0.19%
YTD (CY11) 6.76%
YTD (FY12) -4.11%
International Indicators
 
Close
%age
BSE-30 16,839.63 -1.29
HANGSENG 19,620.01 -0.13
NIKKEI 225 8,963.72 -0.20
FTSE 5,320.03 3.04
DJIA 11,269.02 -1.13
SSEC 2,593.17 0.45
NASDAQ 2,507.98 0.61
 
Close
%age
TASI 6,115.19 -0.66
KSE(Kuwait) 5,819.50 -0.53
BSE 1,267.10 0.06
MSM 5,479.18 0.97
ADX 2,600.48 0.46
DFM 1,478.67 1.00
QSE 8,116.15 0.11
Capital Market Overview

Weekly review: Global events dominate proceedings

Global events took their toll on the country’s bourses as volatility prevailed throughout the week, amid fears of a new recession triggered by the downgrade of credit rating of the United States and the debt crisis in various countries of the European Union.. more... (ET)

NAVs and Returns
as of August 12, 2011
Funds Offer Redemption
POGSF
10.06/-
10.06/-
YTD Return
15.61%
POAIIF
51.74/-
51.22/-
YTD Return
16.88%
POAAAF
50.22/-
48.96/-
YTD Return
-3.09%
POIAAF
53.58/-
52.24/-
YTD Return
-0.02%
POAF
11.40/-
YTD Return
12.27%
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
31.97
2,749
39.77
2.80
-6.32%
KSE30
6.26
539
32.56
2.72
-7.07%
KMI30
4.76
410
17.14
1.93
6.76%
KSE All
34.89
3,000
53.87
3.02
-6.35%
August 12, 2011
GDR
GDR Closing
GDR (USD)
KSE(Rs)
LSE(Rs)
YTD Chg.
MCB
2.60
176.15
112.40
-11.62%
OGDC
14.90
127.12
128.83
-16.91%
UBL
2.00
58.73
43.23
-5.14%
LUCK
1.70
72.87
36.75
2.87%
August 12, 2011
F.I.P.I.  
(USD 000)
Buy Value
Sell Value
Net Value
Foreign Individiual
1.80
-
1.80
Foreign Corporates
3226.07
(3,184.97)
41.10
Overseas Pakistani
149.73
(168.42)
-18.69
Grand Total
3377.60
(3,353.38)
24.22
F.I.P.I.
Foreign Investment              
Foreign Investors Portfolio Investment (FIPI USD mn)
CYTD
YoY Chg
MTD
Mom Chg.
11-Aug-11
12-Aug-11
Change
Gross Buy
499.39
-36.12%
27.54
-37.88%
5.53
3.37
-39.05%
Gross Sell
-505.23
14.68%
-33.89
107.91%
-4.59
-3.35
-27.01%
Net Buy/(Sell)
-5.84
-101.68%
-6.36
-122.49%
-0.93
-0.24
-74.19%
S.C.R.A
Country
During the Period FY12TD
12-08-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
3.46
-
-
21.90
-
-
-17.57
0.54
0.80
0.25
Switzerland
5.23
0.05
-
13.52
-
-
-8.24
-
0.23
0.023
UAE
0.87
0.23
-
0.89
1.64
-
-1.95
0
-
0.34
UK
7.85
0.13
-
21.65
-
-
-13.58
0.35
1.43
-1.39
USA
26.87
-
-
52.33
-
-
-23.94
0.77
2.37
-1.60
Total
50.46
0.41
-
115.57
-
-
-63.76
1.35
5.02
-4.01
News Clippings
Economy

USAID projects to improve basic needs: Dr.Andrew

The USAID projects this year received half a billion less funds as promised under Kerry Lugar Berman bill that authorized $1.5 billion annually for five years to promote and enhanced strategic partnership with Pakistan. more... (BR)

Rs3.9bn provided to acquire land for Diamer Basha Dam

The federal government has provided Rs.3.9 billion to Gilgit-Baltistan and Khyber Pakhtunkhwa authorities to acquire land for construction of country's most vital project- Diamer Basha dam. more... (BR)

CDA to plant 500,000 saplings during monsoon

Capital Development Authority (CDA) under its campaign to make Islamabad the ‘Green City’ has so far planted over 250,000 saplings during the `Monsoon Tree Plantation Drive’ in different areas of the federal capital. more... (DT)

Monthly tariff revision: NA adopts changes in Nepra Act

The National Assembly on Thursday passed an amendment in the National Electric Power Regulatory Authority (Nepra) Act of 1997 for automatic notification of fuel adjustment in the power tariff on monthly basis soon after its determination by the regulaton. more... (D )

Company & Sector Update

Research in pharmaceutical sector: Pakistani companies lag behind their Indian, Chinese counterparts

Members of local and multinational pharmaceutical companies believe that Pakistan is lagging behind in clinical research because of the lack of government support. more... (BR)

Govt plans 14% increase in four phases

The government has planned to increase power tariff by 14 per cent in four phases by levying surcharge on electricity consumer. more... (ET)

Bank Al-Habib reports higher profit of Rs2.075bn

Bank Al-Habib Ltd has posted a higher profit after tax of Rs2.075 billion for the half year ending June 30, 2010. more... (BR)

Pakistan targets Islamic finance growth in rural areas

Pakistan , bidding to nearly double Islamic banking in the South Asian state by 2015, is focusing on poor, conservative villages to drive growth and has ordered Islamic lenders to open 20 percent of all new branches in rural areas. more... (BR)

Political

PM vows to resolve issues of south Punjab

Prime Minister Syed Yousaf Raza Gilani has said that steps are being taken to eliminate a sense of deprivation among the people of South Punjab.more... (D)

Muttahida mulls rejoining govt

The decision-making body of the Muttahida Qaumi Movement held an ‘emergency meeting’ in Karachi and London on Sunday to deliberate upon re-joining the Pakistan People’s Party-led coalition government. more...(D)

Political stability can help cope with prevailing challenges

Sindh Governor Dr Ishratul Ibad Khan said on Sunday that the political stability can help cope with the prevailing challenges which are being confronted to the country. more... (DT)

President to confer ‘Sitara-e-Imtiaz’ upon Baig

President Asif Ali Zardari has recently announced to confer ‘Sitara-e-Imtiaz' on the Make-a-Wish (MAW) Foundation Pakistan president Ishtiaq Baig, owing to his service in the public-service sector. more... (DT)

GCC

Bahrain opposition to boycott September elections

Bahrain's main shia opposition group al-Wefaq says it will boycott parliamentary elections set to take place in September to fill the seats left occupied after its representatives resigned earlier this year.. more... (Zawya)

Jordanian king voices support for reform package

King Abdullah of Jordan has voiced support for a package of constitutional reforms that he argued would strengthen the role of parliament, improve the election process and establish an independent constitutional court. more... (Zawya)

Citizens travelling abroad are nation’s envoys: Mohammad

Every Emirati citizen who travels abroad is an ambassador of the country and should display exemplary behaviour that reflects the UAE's culture and values, the UAE Vice-President said Sunday. more... (Gulf news)

US restarts work of aid groups in Gaza Strip

The United States on Sunday resumed the operations of the aid organisations it funds in the Hamas-ruled Gaza Strip after the Islamist group retracted its demand to scrutinise confidential documents about their work, a US official said. more... (Gulf news)

Quote of the Day:
“If you do things well, do them better. Be daring, be first, be different, be just.” Anita Roddick
 
Economic Highlights
Economic Indicators
GDP Growth FY12E
4.20%
GDP -2010
$176 bn
Per Capita Income FY10
$ 1,051
Population
176.71mn
US$ Reserves (Aug 06, 2011)
$17.97 bn
Trade Balance (Jul 10- July 11)
( $-1.44bn)
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
11-AUG-11
12-AUG-11
bps
Pakistan Euro Bond Price Yield (Maturity 2016)
86.765
-0.17%
10.84%
10.84%
0.00
     
11-AUG-11
12-AUG-11
bps
Pakistan Credit Default Swap (CDS 5 year) (USD)    
1.105.85
895.91
(209.95)

KIBOR Rates (%)
1 month
3 month
6 month
1 Year
Bid
12.97
13.04
13.13
13.23
Offer
13.47
13.29
13.38
13.73

Inter Bank Money Market Rates (Last closing ) (%)
Overnight
1 Week
1-Month
3-Month
6-Month
1-Year
High  
13.40
13.20
13.20
13.25
13.40
13.40
Low  
13.40
13.10
13.15
13.15
13.25
13.25

Key Fx Rates
PKR/USD
PKR/EURO
PKR/JPY
PKR/GBP
PKR/AED
EURIBOR
LIBOR
Closing
86.49
123.00
1.1369
140.50
23.55
1.73
0.45

T Bill Rates (%)
3 month
6 month
12 month
Avg.
13.10
13.25
13.32
Last Cut Off.
13.07
13.28
13.38
Bond Rates (%) Cut Off
Bid
Offer
Previous
Current
5-Y PIB
13.43
13.41
13.47
13.41
10 Y-PIB
13.50
13.48
13.53
13.48

10 Yr Govt bond (%)
Japan
Germany
US
UK
Australia
India
Brazil
Pakistan
Yield
1.04
2.33
2.26
2.53
4.50
8.21
12.61
13.48
Change bps
0.00
1.00
-28.00
25.00
10.00
0.00
0.00
-1.00

Commodities

     
12-AUG-11
15-AUG-11
change
WTI (USD/bbl)    
84.93
85.41
0.56%
     
Brent (USD/bbl)    
107.74
108.19
0.41%
     
Arab Light (USD/bbl)    
103.78
103.97
0.18%

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)
395.13
396.75.13
-0.41%
Urea Fertilizer (Rs/bag)
1,691.25
1,643.33
2.92%
Gold 24cr (Rs./10gm) Khi
48,220.00
49,542.00
-2.66%
Rice IRRI -6(Rs/100kg)
3,729.00
3.731.00
-0.05%
KCA Cotton (Rs/mound)
6,400.00
6,200.00
3.23%
International
Current
Previous
Change
Coal Spot(USD/ton)
118.75
121.45
-2.22%
Gold Futures (USD/oz)
1,764.10
1,793.05
-1.61%
Sugar 11 (USD/lb)
27.84
28.08
-1.08%
Steel (USD/ton)
753.73
751.04
0.36%
Wheat (CBT) (USD/bu)
733.00
719.25
1.91%
PTA (USD/ton)
1,225.00
1,170.00
4.70%
Copper (USD/ton)
8,859.50
8,573.00
3.34%

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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.