BasedLine
Date: 18-August-2011
KSE-100 Index
Previous Index 11,233.75
Current Index
11,269.95
Change % 0.32%
YTD (CY11) -6.26%
YTD (FY12) -9.81%
KSE-100 Index
Previous Index 20,112.06
Current Index
20,141.54
Change % 0.15%
YTD (CY11) 7.11%
YTD (FY12) -3.80%
International Indicators
 
Close
%age
BSE-30 16,840.80 0.66
HANGSENG 20,289.03 0.38
NIKKEI 225 9,059.02 -0.53
FTSE 5,331.60 -0.49
DJIA 11,410.21 0.04
SSEC 2,601.26 -0.26
NASDAQ 2,511.48 -0.47
 
Close
%age
TASI 6,088.25 0.57
KSE(Kuwait) 5,828.70 -0.21
BSE 1,266.26 0.00
MSM 5,488.06 0.61
ADX 2,584.98 -0.03
DFM 1,467.15 0.04
QSE 8,203.35 0.82
Capital Market Overview

Market watch: Stock market continues positive momentum

The KSE-100 benchmark index gained 0.32% to end the day at 11,269.95 points. more... (ET)

NAVs and Returns
as of August 17, 2011
Funds Offer Redemption
POGSF
10.07/-
10.07/-
YTD Return
14.54%
POAIIF
51.81/-
51.29/-
YTD Return
16.21%
POAAAF
50.76/-
49.49/-
YTD Return
-2.04%
POIAAF
54.03/-
52.68/-
YTD Return
0.82%
POAF
11.42/-
YTD Return
12.59%
Funds Rating
AMC
AM3
POAIIF
A+ (f)
POAF
AA-
  Jul-11 Jun -11
MoM (%)
AUM's (PKR bn) 216.00 231,321 -2.40%
No of AMCs 26 26 -
No of Funds 122 119 2.52%
KSE Market Data
KSE Market Data
Capitalization
Volume
Traded Val.
KSE Return
 
(USD bn)
(Rs. bn)
(Sh. mn)
(Rs.bn)
(YTD)
KSE100
31.97
2,750
37.02
2.02
-6.26%
KSE30
6.49
559
19.29
1.82
0.00%
KMI30
4.78
411
11.57
1.39
7.11%
KSE All
34.89
3,000
46.33
2.15
-6.32%
August 17, 2011
GDR
GDR Closing
GDR (USD)
KSE(Rs)
LSE(Rs)
YTD Chg.
MCB
2.60
174.86
112.58
-1.26%
OGDC
14.90
130.42
129.03
-32.97%
UBL
2.00
60.00
43.30
1.26%
LUCK
1.70
72.24
36.81
1.26%
August 17, 2011
F.I.P.I.  
(USD 000)
Buy Value
Sell Value
Net Value
Foreign Individiual
2.69
-4.37
-1.68
Foreign Corporates
1,222.26
(2,118.12)
-895.86
Overseas Pakistani
147.28
(124.44)
22.84
Grand Total
1,372.24
(2,246.93)
-874.70
F.I.P.I.
Foreign Investment              
Foreign Investors Portfolio Investment (FIPI USD mn)
CYTD
YoY Chg
MTD
Mom Chg.
16-Aug-11
17-Aug-11
Change
Gross Buy
503.19
-36.28%
31.34
-39.99%
1.79
1.37
-23.46%
Gross Sell
-511.43
15.32%
-40.09
108.25%
-2.48
-2.25
-9.27%
Net Buy/(Sell)
-8.24
-102.34%
-8.75
-126.34%
-0.70
-0.87
24.28%
S.C.R.A
Country
During the Period FY12TD
16-08-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
1.02
-
-
1.18
-
-
-0.16
0.32
-
0.32
Luxembourg
5.22
-
-
22.90
-
-
-17.68
0.40
0.42
-0.014
Switzerland
5.53
0.084
-
13.90
-
-
-8.28
0.25
0.20
0.087
UAE
0.86
0.23
-
0.90
1.64
-
-1.95
-
-
-
UK
11.36
0.13
-
22.19
-
-
-12.71
2.25
1.34
-0.90
USA
29.45
-
-
54.05
-
-
-26.60
0.056
1.27
-1.22
Total
59.88
0.44
-
123.67
1.64-
-
-65.51
3.70
3.65
0.076
News Clippings
Economy

Pakistan to borrow $300m from local banks

Pakistan plans to borrow $300 million from local banks to build a pipeline that will carry natural gas from Iran, easing its worst energy crisis that is curbing economic growth. more... (DT)

KCCI calls for enhancing Indo-Pak bilateral trade

Karachi Chamber of Commerce and Industry voiced for enhancement of Indo-Pak bilateral trade. Vice President, KCCI, Junaid Esmail Makda said. more... (DT)

Current account turns negative

If the balance of account during the very first month (July) of the current fiscal is treated as an indicator, the trend of the past year that ended with a current account surplus of $437 million, may turn into deficit during 2011-12. more... (D)

Sindh collects Rs854m under ST on services

Sindh Revenue Board, which started collection of sales tax on services from the current year, has collected Rs350 million in cash and Rs504 million in cheques by Aug 15, which was originally the last date. more... (D )

Company & Sector Update

Delegation of Chinese Telecom conglomerate

President Asif Ali Zardari Tuesday urged for maximum utilisation of the real trade and investment potential existing between Pakistan and China to the mutual benefit of the people of the two countries. more... (D)

Filling stations call for fixing minimum 45% price

CNG filling stations have urged the government to issue notification for maintaining at least 45 percent price difference parity between CNG and petrol. more... (DT)

Turkish firms to help develop 3 power projects

Turkey will help Pakistan develop power projects and in this connection three Turkish firms have visited Pakistan. more... (DT)

Industrial uplift plan being inked in Azad Jammu & Kashmir

A comprehensive phased plan was being inked by the AJK government to encourage and promote foreign investment in trade . more... (D)

Political

Pakistan not terror sponsor

Pakistan is a partner in the fight against terrorism and not a state that sponsors terrorism, said the US State Department while elaborating on a statement by Defence Secretary Leon Panetta who accused Pakistan of having links with terrorist groups .more... (D)

Former MNA Karimdad killed

Former MNA Ahmed Karimdad, better known as Waja Karimdad, of the Pakistan People’s Party was among 13 people killed in Karachi on Wednesday . more...(D)

MQM for good working ties with all political parties

Sindh Chief Minister Syed Qaim Ali Shah, Home Minister Manzoor Hussain Wassan and other political leaders attended Iftar-dinner hosted by Muttahida Qaumi Movement (MQM), at Jinnah Ground, Azizabad here Wednesday. more... (DT)

LHC vacates stay on NAB director’s transfer order

The Lahore High Court (LHC) vacated a stay granted to halt transfer of NAB Investigation Director Irshadul Haq. more... (DT)

GCC

Corporate earnings fall 7% in GCC

Corporate earnings in the Gulf Cooperation Council (GCC) countries during the second quarter of 2011 declined seven per cent on a year earlier, a report by the Kuwait Financial Centre “Markaz” said yesterday. more... (Zawya)

GCC ministers to discuss current regional events

The GCC Council of Ministers is reportedly set to meet shortly in order to coordinate their stance on current events in the region, with particular reference to the situations in Syria and Libya, as well as conferring on the GCC initiative on the crisis in Yemen. more... (Zawya)

Shaikh Zayed — simple man of visionary ideas

For people in the UAE, and wherever his hand of support reached throughout the world, Shaikh Zayed Bin Sultan Al Nahyan (1918-2004) will always be greatly missed. more... (Gulf news)

Erdogan likens Syrian situation to Libya crisis

Turkey's Prime Minister Tayyip Erdogan yesterday likened the situation in Syria to Libya on a day Tunisia recalled its ambassador and the UN pulled out non-essential staff from the country. more... (Gulf news)

Quote of the Day:
Success in business requires training and discipline and hard work. But if you're not frightened by these things, the opportunities are just as great today as they ever were. David Rockefeller

 
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 ( July 11)
( $-1.44bn)
Curr. A/C (July 11)
$-75mn
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
16-AUG-11
17-AUG-11
bps
Pakistan Euro Bond Price Yield (Maturity 2016)
86.927
0.35%
10.89%
10.80%
-8.70
     
16-AUG-11
17-AUG-11
bps
Pakistan Credit Default Swap (CDS 5 year) (USD)    
880.88
879.51
-1.37

KIBOR Rates (%)
1 month
3 month
6 month
1 Year
Bid
13.00
13.04
13.12
13.22
Offer
13.50
13.29
13.37
13.72

Inter Bank Money Market Rates (Last closing ) (%)
Overnight
1 Week
1-Month
3-Month
6-Month
1-Year
High  
13.00
13.20
13.25
13.25
13.30
13.40
Low  
10.75
13.10
13.02
13.10
13.15
13.30

Key Fx Rates
PKR/USD
PKR/EURO
PKR/JPY
PKR/GBP
PKR/AED
EURIBOR
LIBOR
Closing
86.73
124.19
1.12189
141.65
23.65
1.74
0.46

T Bill Rates (%)
3 month
6 month
12 month
Avg.
13.12
13.25
13.32
Last Cut Off.
13.07
13.28
13.38
Bond Rates (%) Cut Off
Bid
Offer
Previous
Current
5-Y PIB
13.44
13.41
13.43
13.41
10 Y-PIB
13.50
13.48
13.50
13.48

10 Yr Govt bond (%)
Japan
Germany
US
UK
Australia
India
Brazil
Pakistan
Yield
1.00
2.20
2.17
2.43
4.39
8.32
12.61
13.48
Change bps
-2.00
-12.00
-5.00
-13.00
-8.00
3.30
0.00
0.00

Commodities

     
17-AUG-11
18-AUG-11
change
WTI (USD/bbl)    
87.19
87.34
0.17%
     
Brent (USD/bbl)    
109.40
110.53
1.03%
     
Arab Light (USD/bbl)    
105.28
107.06
1.69%

Domestic
Current
Previous
Change
High Speed Diesel (litre)
92.10
97.31
-5.35%
Furnace Oil (Rs/ton)
70,004.84
72,041.80
-2.83%
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
49,777.00
49,585.00
0.38%
Rice IRRI -6(Rs/100kg)
3,740.00
3.741.00
-0.03%
KCA Cotton (Rs/mound)
6,400.00
6,200.00
3.23%
International
Current
Previous
Change
Coal Spot(USD/ton)
118.55
121.45
-2.39%
Gold Futures (USD/oz)
1,791.25
1,785.70
0.31%
Sugar 11 (USD/lb)
29.49
28.04
5.17%
Steel (USD/ton)
757.30
756.97
0.04%
Wheat (CBT) (USD/bu)
758.00
752.00
0.80%
PTA (USD/ton)
1,225.00
1,170.00
4.70%
Copper (USD/ton)
8,943.50
8,808.75
1.53%

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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.