BasedLine
Date: 29-August-2011
KSE-100 Index
Previous Index 10,901.76
Current Index
N/A
Change % N/A
YTD (CY11) N/A
YTD (FY12) N/A
KSE-100 Index
Previous Index 19,722.94
Current Index
N/A
Change % N/A
YTD (CY11) N/A
YTD (FY12) N/A
International Indicators
 
Close
%age
BSE-30 15,848.83 -1.84
HANGSENG 19,582.88 -0.86
NIKKEI 225 8,797.78 0.29
FTSE 5,129.90 -0.02
DJIA 11,284.54 1.21
SSEC 2,612.19 -0.12
NASDAQ 2,479.85 2.49
 
Close
%age
TASI Closed -
KSE(Kuwait) 5,787.40 0.03
BSE 1,261.03 0.01
MSM 5,702.51 2.11
ADX 2,602.04 0.45
DFM 1,474.52 0.65
QSE 8,290.00 1.45
Capital Market Overview

Weekly review: Violence restricts recovery

The deteriorating law and order situation in the city took its toll on the Karachi Stock Exchange as investor activity remained subdued during the week. more... (ET)

NAVs and Returns
as of August 26,2011
Funds Offer Redemption
POGSF
10.10/-
10.10/-
YTD Return
13.28%
POAIIF
51.94
51.42/-
YTD Return
15.36%
POAAAF
n/a
n/a
YTD Return
n/a
POIAAF
n/a
n/a
YTD Return
n/a
POAF
11.45/-
YTD Return
11.89%
Funds Rating
AMC
AM3
POAIIF
A+ (f)
POAF
AA-
  Jul-11 Jun -11
MoM (%)
AUM's (PKR bn) 216.00 231.32 -6.62%
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
N/A
N/A
N/A
N/A
N/A
KSE30
N/A
N/A
N/A
N/A
N/A
KMI30
N/A
N/A
N/A
N/A
N/A
KSE All
N/A
N/A
N/A
N/A
N/A
August 29, 2011
GDR
GDR Closing
GDR (USD)
KSE(Rs)
LSE(Rs)
YTD Chg.
MCB
2.60
N/A
112.84
N/A
OGDC
14.90
N/A
129.33
N/A
UBL
2.00
N/A
43.40
N/A
LUCK
1.70
N/A
36.89
N/A
August 29, 2011
F.I.P.I.  
(USD 000)
Buy Value
Sell Value
Net Value
Foreign Individiual
N/A
N/A
N/A
Foreign Corporates
N/A
N/A
N/A
Overseas Pakistani
N/A
N/A
N/A
Grand Total
N/A
N/A
N/A
F.I.P.I.
Foreign Investment              
Foreign Investors Portfolio Investment (FIPI USD mn)
CYTD
YoY Chg
MTD
Mom Chg.
25-Aug-11
29-Aug-11
Change
Gross Buy
N/A
N/A
N/A
N/A
2.52
N/A
N/A
Gross Sell
N/A
N/A
N/A
N/A
-1.57
N/A
N/A
Net Buy/(Sell)
N/A
N/A
N/A
N/A
0.95
N/A
N/A
S.C.R.A
Country
During the Period FY12TD
26-08-2011
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
-
-
1.49
-
-
-0.47
-
-
-
Luxembourg
5.36
-
-
24.23
-
-
-18.87
-
-
-
Switzerland
8.03
0.13
-
14.00
-
-
-5.83
-
-
-
UAE
0.87
0.52
-
1.06
4.18
-
-4.38
-
-
-
UK
11.92
0.16
-
30.93
-
-
-18.85
-
0.60
-0.60
USA
32.92
-
-
61.02
-
-
-28.11
0.04
0.06
-0.02
Total
68.53
0.81
-
137.47
4.18
-
-72.83
0.96
0.66
0.29
News Clippings
Economy

Sensitive Price Indicator: Index registers nominal increase

The Sensitive Price Indicator (SPI) for the week ended on August 25 registered a nominal increase of 0.15% over the previous week for the lowest income group, according to the Federal Bureau of Statistics. more... (ET)

Property market: Inflation, high interest rates squeeze Faisalabad real estate

Inflation seems to be hitting the real estate sector in Faisalabad in three ways: not only have prices skyrocketed to the point where there are fewer buyers, but the resultant high interest rates raise the cost of creating new projects for developers, and have made mortgages less attractive for most middle class buyers. more... (ET)

SBP injects another Rs123bn

The State Bank on Friday injected another Rs123 billion in the banking system after the banks had parked Rs119 billion in government papers a couple of days earlier. more... (D)

Infrastructure development levy: Federal cabinet's approval sought for new tax on gas

Amid fears that the energy crisis will become even worse due to a decline in domestic gas production by two billion cubic feet gas per day (Bcfd) in 2020, the Council of Common Interests (CCI), more... (ET )

Company & Sector Update

KESC test fires 2nd Turbine of 560MW BQPS-II

KESC announced Saturday that it has successfully test fired on gas, the second gas turbine of its flagship 560 MW BQPS-II power project. more... (D)

OGDCL makes two gas discoveries

The exploratory efforts of Oil and Gas Development Company yielded two new gas and condensate discoveries, namely Gopang-1 (Nim E.L) and Sheikhan-1 (Kohat E.L) during the year ended on June 30. more... (D)

SCB reports profits of Rs1.714bn for half year ending June 30

Standard Chartered Bank Pakistan Ltd has posted a higher profit after tax of Rs1.714 billion for the half year ending June 30, 2011. more... (BR)

HESCO starts defaulters’ disconnection

The management of Hyderabad Electric Supply Company has started discontinuation of electric connection to those consumers who failed to deposit their bills. more... (BR)

Political

ANP ends boycott of Sindh govt

The Awami National Party has ended the boycott of Sindh government and asked its two lawmakers, including one minister, to resume their official activities. A meeting of the party's think-tank with ANP president Asfandyar Wali Khan in the chair decided that it would try its best to establish peace in the province of Sindh and elsewhere in the country. more... (D)

MQM assails Mirza, rejects allegations

In what appears to be a cautious and to some extent mild reaction to Dr Zulfikar Mirza's yet another diatribe against the Muttahida Qaumi Movement on Sunday, the party's coordination committee strongly condemned what it called “inflammatory, malicious and bogus allegations” leveled by him and urged the president and the PPP leadership to clarify their position. more...(D)

Chances of killing of Shahbaz are less: police

An SP told Daily Times that ostensibly the intentions behind the kidnapping were to pressurise the people concerned to fulfill their demands. He said Shahbaz could have been gunned downed if they wanted to kill him, more... (DT)

Suo motu action: SC resumes hearing of Karachi violence case

Attorney General Anwarul Haq on Monday submitted a report on the recent spate of violence in Karachi to the Supreme Court. more... (ET)

GCC

Syrians hit by credit card blocks

Syrians in the UAE have been left stranded after Visa and MasterCard blocked all credit cards issued by Syrian banks. more... (Zawya)

Tourism in Egypt drops 28% as turmoil drives visitors away

Tourism in Egypt dropped by 28 per cent from January to July following the revolution that swept the country at the beginning of this year, according to the latest figures from the Egyptian Tourism Authority (ETA). more... (Gulf News)

UAE car dealers pin hopes on Eid campaigns to boost sales

With the Eid festivities all set to kick off in earnest, it also marks a crunch week for the UAE's automobile sector which is hoping to regain some of the traction in new car sales after a subdued performance in recent weeks. more... (Gulf News)

$25b needed to boost crude output

Libya's oil industry will need at least $25 billion (Dh91.8 billion) in investment to increase its oil production to two million barrels a day, said the chairman of drilling-rig operator Challenger Ltd. more... (Gulf News)

Quote of the Day:

“ Success is often achieved by those who don't know that failure is inevitable. ” Coco Chanel

 
Economic Highlights
Economic Indicators
GDP Growth FY12E
4.20%
GDP -2011
$180 bn
Per Capita Income FY11
$ 1,254
Population
176.71mn
US$ Reserves (Aug 18, 2011)
$18.04 bn
Trade Balance ( July 11)
$-1.48bn
Curr. A/C (July 11)
$-75mn
Remittances (July 11)
$1.1bn
Foreign Investment (Jul 11)
$-29.67mn
All Sch. Banks Deposit Base (Aug 05, 2011)
Rs730.32bn
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
24-AUG-11
25-AUG-11
bps
Pakistan Euro Bond Price Yield (Maturity 2016)
86.48
-0.45%
10.83%
10.95%
12.10
     
24-AUG-11
25-AUG-11
bps
Pakistan Credit Default Swap (CDS 5 year) (USD)    
980.65
969.95
-10.70

KIBOR Rates (%)
1 month
3 month
6 month
1 Year
Bid
12.89
13.04
13.13
13.22
Offer
13.39
13.29
13.38
13.72

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

Key Fx Rates
PKR/USD
PKR/EURO
PKR/JPY
PKR/GBP
PKR/AED
EURIBOR
LIBOR
Closing
86.90
126.00
1.13
142.28
23.66
1.74
0.43

T Bill Rates (%)
3 month
6 month
12 month
Avg.
13.22
13.25
13.35
Last Cut Off.
13.07
13.28
13.38
Bond Rates (%) Cut Off
Bid
Offer
Previous
Current
5-Y PIB
13.33
13.28
13.30
13.28
10 Y-PIB
13.28
13.26
13.29
13.26

10 Yr Govt bond (%)
Japan
Germany
US
UK
Australia
India
Brazil
Pakistan
Yield
1.04
2.16
2.22
2.50
4.43
8.30
12.61
13.26
Change bps
0.00
-5.00
-5.00
2.00
0.00
8.60
0.00
-1.00

Commodities

     
26-AUG-11
29-AUG-11
change
WTI (USD/bbl)    
85.11
85.42
0.36%
     
Brent (USD/bbl)    
110.74
110.65
-0.08%
     
Arab Light (USD/bbl)    
107.78
108.40
0.58%

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)
390.63
395.13
-1.30%
Urea Fertilizer (Rs/bag)
1,707.92
1,718.75
-0.63%
Gold 24cr (Rs./10gm) Khi
51,203.39
50,500.93
1.39%
Rice IRRI -6(Rs/100kg)
3,779.00
3.781.00
-0.05%
KCA Cotton (Rs/mound)
6,000.00
6,300.00
-4.76%
International
Current
Previous
Change
Coal Spot(USD/ton)
118.40
118.55
-0.13%
Gold Futures (USD/oz)
1,824.60
1,776.70
2.70%
Sugar 11 (USD/lb)
30.22
29.60
2.09%
Steel (USD/ton)
757.77
756.85
0.12%
Wheat (CBT) (USD/bu)
797.00
777.25
2.54%
PTA (USD/ton)
1,260.00
1,245.00
1.20%
Copper (USD/ton)
9,061.75
8,859.50
2.28%

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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.