BasedLine
Date: 16-August-2011
KSE-100 Index
Previous Index 11,262.04
Current Index
11,166.1
Change % -0.85%
YTD (CY11) -7.12%
YTD (FY12) -10.64%
KSE-100 Index
Previous Index 19,965.89
Current Index
19,920.67
Change % -0.23%
YTD (CY11) 5.94%
YTD (FY12) -4.85%
International Indicators
 
Close
%age
BSE-30 16,839.63 -1.29
HANGSENG 20,260.10 3.26
NIKKEI 225 9,086.41 1.37
FTSE 5,350.58 0.57
DJIA 11,269.02 -1.13
SSEC 2,626.77 1.30
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

Market watch: Stock market falls in dull session

The stock market fell in a dull session on the first trading session of the week despite gains in global markets. The KSE-100 benchmark index lost 96 points or 0.85% to end the day at 11,166.10 point. more... (ET)

NAVs and Returns
as of August 15, 2011
Funds Offer Redemption
POGSF
10.07/-
10.07/-
YTD Return
14.84%
POAIIF
51.78/-
51.27/-
YTD Return
16.45%
POAAAF
50.08/-
48.83/-
YTD Return
-3.35%
POIAAF
53.36/-
52.03/-
YTD Return
-0.42%
POAF
11.41/-
YTD Return
12.29%
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
31.69
2,725
15.90
1.10
-7.12%
KSE30
6.43
553
10.57
1.04
-7.94%
KMI30
4.73
406
6.58
0.80
5.94%
KSE All
34.61
2,976
25.90
1.27
-7.10%
August 15, 2011
GDR
GDR Closing
GDR (USD)
KSE(Rs)
LSE(Rs)
YTD Chg.
MCB
2.60
175.16
112.40
-12.11%
OGDC
14.90
127.79
128.83
-16.47%
UBL
2.00
57.39
43.23
-7.30%
LUCK
1.70
72.81
36.75
2.78%
August 15, 2011
F.I.P.I.  
(USD 000)
Buy Value
Sell Value
Net Value
Foreign Individiual
0.62
-
0.62
Foreign Corporates
513.96
(1,347.96)
-833.99
Overseas Pakistani
126.25
(127.10)
-0.85
Grand Total
640.84
(1,475.06)
-834.22
F.I.P.I.
Foreign Investment              
Foreign Investors Portfolio Investment (FIPI USD mn)
CYTD
YoY Chg
MTD
Mom Chg.
12-Aug-11
15-Aug-11
Change
Gross Buy
500.03
-36.04%
28.18
-36.44%
3.37
0.64
-81.00%
Gross Sell
-506.70
15.02%
-35.37
116.96%
-3.35
-1.47
-56.11%
Net Buy/(Sell)
-6.67
-101.92%
-7.19
-125.45%
-0.24
-0.83
245.83%
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

Inflow of foreign investment dips 60.8 percent in July

The net inflow of foreign investment has shown a decline of 60.8 percent to $61.9 million in fiscal year July 2011-12 as against $157.8 million in the same period last fiscal, Daily Times learnt on Monday. . more... (DT)

LSE sheds 23.66 points

Lahore Stock Exchange shed by 23.66 points on Monday as LSE-25 index opened with 2833.80 and closed at 2810.14 points. more... (BR)

PR to acquire 50 locomotives on lease to overcome shortage

Shortage and out of order locomotives have forced Pakistan Railways to suspend and reduce its certain services on different routes thus resulting in inconveniences for the masses. more... (DT)

Govt to import 1m tonnes urea for Rabi season

The federal government should take solid steps to import at least one million tonnes urea for the Rabi season besides ensuring the provision of uninterrupted gas supply to fertilizer. more... (DT )

Company & Sector Update

Furnace oil stocks of Wapda at critical level

With furnace oil stocks plummeting to a critical level, the government is finding it difficult to meet the power needs because the Pakistan State Oil is not in a position to import enough quantity of oil because of cash constraints. more... (D)

Gas tariff to be increased before Eid

The gas companies have demanded Rs22 increase in gas tariff before Eid. According to the applications given to OGRA, Sui Northern demanded an increase of Rs22.48 per MMBTU. more... (BR)

About 15mn cotton bales production expected

About 15 million bales of cotton production is expected during the year 2011-12 as the crop outlook was satisfactory and no out break of any disease and pest attack was reported from the field formations so far. more... (BR)

Banks asked to ensure ATMs service during Eid holidays

The State Bank of Pakistan (SBP) has advised all banks to meticulously comply with its guidelines and instructions regarding management of Automated Teller Machines (ATMs) operations in order to ensure continuous availability of ATM service during the Ramazan and Eid-ul Fitr holidays . more... (DT)

Political

Justice Javed tipped as NAB chief

The law ministry has sent a summary to Prime Minister Yousuf Raza Gilani about the appointment of recently-retired Supreme Court judge Justice Javed Iqbal as National Accountability Bureau (NAB) chairman .more... (D)

More Haqiqi men join MQM

Muhajir Qaumi Movement-Haqiqi (MQM-H) secretary general Nadeem-ul-Islam on Monday announced his enlistment in the Muttahida Qaumi Movement (MQM), claiming that 450 workers of the party from Karachi and Hyderabad, including himself were joining the MQM . more...(DT)

PPP wants Preamble of Constitution amended

Pakistan People’s Party (PPP) has moved a remarkable resolution in the Punjab Assembly (PA) pertaining to the idea of secularism by putting forward a demand of amending the Preamble of the Constitution.
. more... (DT)

Drone kills four militants in North Waziristan

A US drone strike in a Pakistani tribal area considered home to the most dangerous enemy of American troops in eastern Afghanistan killed at least four militants on Tuesday, officials said.. more... (D)

GCC

UAE President to be honoured on Tuesday

The decision to select Shaikh Khalifa for the award comes in recognition of his role in serving the religion of Islam, Muslims and humanitarian causes around the world. more... (Gulf news)

Fog alert issued in coastal areas of UAE

A fog alert has been issued by the national weather bureau, asking motorists to be careful in the coastal areas, especially in the western region, late on Monday and early in the morning. more... (Gulf news)

VIVA and RIM Commence a Strategic Partnership

The strategic partnership between VIVA and RIM launches the highest levels of coordination between the two companies to fulfil the need for cutting edge technologies. more... (zawya)

Gulf funds resilient to turmoil

Dubai The euro’s appreciation against the dollar aided in reducing the losses of GCC domestic funds to less than one per cent in the first six months of the yea.. more... (Zawya)

Quote of the Day:
Strategy without tactics is the slowest route to victory. Tactics without strategy is the noise before defeat. (Sun Tzu)

 
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
12.98
13.03
13.13
13.23
Offer
13.48
13.28
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
86.60
125.00
1.1269
141.75
23.58
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

     
15-AUG-11
16-AUG-11
change
WTI (USD/bbl)    
85.41
87.49
2.43%
     
Brent (USD/bbl)    
108.19
109.57
1.27%
     
Arab Light (USD/bbl)    
103.97
105.78
1.74%

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
49,107.00
48,220.00
1.83%
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)
27.48
27.84
-1.29%
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.