BasedLine
Date: 14-September-2011
KSE-100 Index
Previous Index 11,180.64
Current Index
11,264.43
Change % 0.75%
YTD (CY11) -6.31%
YTD (FY12) -9.86%
KSE-100 Index
Previous Index 20,240.32
Current Index
20,322.29
Change % 0.40%
YTD (CY11) 8.07%
YTD (FY12) -2.93%
International Indicators
 
Close
%age
BSE-30 16,467.44 -0.21
HANGSENG 19,030.54 -4.21
NIKKEI 225 8,616.55 0.95
FTSE 5,174.30 0.87
DJIA 11,105.85 0.40
SSEC 2,471.30 -1.06
NASDAQ 2,532.15 1.49
 
Close
%age
TASI 6,068.92 0.52
KSE(Kuwait) 6,008.30 0.52
BSE 1,266.39 0.07
MSM 5,693.09 0.31
ADX 2,583.70 -0.01
DFM 1,460.69 0.03
QSE 8,334.27 0.48
Capital Market Overview

Market watch: Stocks rise 84 points in thin trade Market

After a bearish first session of the week, the stock market managed to gain 83.79 points on Tuesday and seemed unaffected by the torrential rains in the city. more... (ET)

NAVs and Returns
as of September 09,2011
Funds Offer Redemption
POGSF
10.15/-
10.15/-
YTD Return
12.42%
POAIIF
52.20/-
51.67/-
YTD Return
14.07%
POAAAF
48.92/-
47.70/-
YTD Return
-5.58%
POIAAF
54.71/-
53.34/-
YTD Return
2.09%
POAF
11.52/-
YTD Return
12.63%
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 27 -3.70%
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
31.80
2,734
21.98
1.08
-6.31%
KSE30
6.50
559
17.33
1.02
-6.84%
KMI30
4.78
411
9.32
0.60
8.07%
KSE All
34.71
2,985
26.13
1.12
-6.34%
September 13, 2011
GDR
GDR Closing
GDR (USD)
KSE(Rs)
LSE(Rs)
YTD Chg.
MCB
2.60
175.26
113.76
-12.06%
OGDC
14.00
126.24
122.51
-17.48%
UBL
2.00
58.25
43.76
-5.91%
LUCK
1.70
73.57
37.19
3.85%
September13, 2011
F.I.P.I.  
(USD 000)
Buy Value
Sell Value
Net Value
Foreign Individiual
28.56
-44.87
-16.31
Foreign Corporates
410.48
-1,739.81
-1,329.33
Overseas Pakistani
176.63
-143.34
33.29
Grand Total
615.67
-1,928.02
-1,312.36
F.I.P.I.
Foreign Investment              
Foreign Investors Portfolio Investment (FIPI USD mn)
CYTD
YoY Chg
MTD
Mom Chg.
12-Sep-11
13-Sep-11
Change
Gross Buy
532.29
-38.66%
14.84
-69.77%
1.27
0.62
-51.63%
Gross Sell
-542.96
7.76%
-14.43
-63.44%
-0.86
-1.93
123.54%
Net Buy/(Sell)
-10.66
-102.88%
0.41
-95.76%
0.41
-1.31
-419.83%
S.C.R.A
Country
During the Period FY12TD
09-09-2011
Cumulative Inflow
Cumulative Outflow
Cumulative
Net flow
Inflow
Outflow
Net Flow
Equity
T-Bill
PIBs
Equity
T-Bill
PIBs
Equity
Equity
Hong Kong
1.07
-
-
1.49
-
-
-0.42
-
-
-
Luxembourg
5.62
-
-
24.86
-
-
-19.24
0.00
0.37
-0.37
Switzerland
8.78
0.13
-
14.00
-
-
-5.08
-
-
-
UAE
0.87
0.52
-
1.06
4.18
-
-4.38
-
-
-
UK
14.72
0.16
-
40.86
-
-
-25.98
0.48
1.97
-1.49
USA
42.57
-
-
66.84
-
-
-24.54
1.05
1.12
-0.07
Total
82.51
0.81
-
153.88
4.18
-
-75.55
1.54
3.48
-1.94
News Clippings
Economy

Cloudburst cripples Karachi

Monsoon rain crippled Sindh and its capital on Tuesday and the government came under pressure to provide relief for about 300,000 people left homeless by floods. more... (D)

Crucial talks to deepen economic ties

There is a sudden momentum in improving trade and business ties between India and Pakistan. more... (D)

FDI likely to rise in 2H FY12

Foreign direct investment (FDI) in Pakistan could return to a positive trend this year, but militancy is a deterrent to investors, the country’s investment minister said on Thursday. more... (DT)

KSE observes bullish trend as index gains 84 points

The Karachi stock market witnessed a bullish trading session on Tuesday on account of institutional buying. more... (DT)

Company & Sector Update

Pakistan, Iran to expedite gas, power projects

Prime Minister Yousuf Raza Gilani has agreed with Iranian President Mehmoud Ahmadinejad on Monday that the gas pipeline project and the import of 1000MW electricity from Iran.. more... (D)

Pakistan, Romania to boost trade

Pakistan and Romania have decided to set up a joint commission to explore new avenues of bilateral economic cooperation and develop proposals for cooperation between government institutions of the two countries.more... (D)

NBP, NCR ink accord for ATM expansion

NCR Corporation and National Bank of Pakistan (NBP) singed a contract signing to install 150 ATMs nationwide in branches of NBP and expansion of its ATM network. more... (DT)

Japan seeking trade, investment opportunities in Pakistan

Japan is seeking trade and investment opportunities in Pakistan, said Japanese Ministry of Economic, Trade and Industry (METI) Section Head (Asia and Pacific Division) Daisuke Tsukao. more... (DT)

Political

Chaudhry Nisar admits his wife, children are US citizens

A PML-N firebrand and leader of the opposition in the National Assembly, Chaudhry Nisar Ali Khan, on Tuesday admitted for the first time that his wife and children were US citizens. more... (D)

Karachi operation to continue without discrimination: Malik

Minister for Interior, Rehman Malik on Tuesday said law and order situation in Karachi was improving as no one would be allowed to disrupt peace in the port city. more... (D)

Country cannot progress unless Karachi is secure: CJ

Chief Justice of Pakistan Justice Iftikhar Muhammad Chaudhry has remarked that Karachi is the economic hub of Pakistan and the country could not progress unless the city was secure. more... (D)

5 killed as Taliban attack school van in Peshawar

Taliban gunmen attacked a school van in Matani on Tuesday, killing four children and the driver in an assault they said was carried out to punish local tribesman for resisting the insurgent movement. more... (DT)

GCC

Work sites mark return to normal hours

The three-month-long midday break for labourers ended yesterday with most companies complying with the rules across the country . more... (Gulf news)

Key UAE asset classes poised for strong recovery

Key sectors of the UAE economy such as real estate and financial services are poised for strong growth as the downturn in these sectors seems to have bottomed out, Shehab Gargash, managing director of Daman Investments, said Tuesday. more... (Gulf news)

Abu Dhabi fund reports improved return

one of the world's largest sovereign wealth funds, last year sharply improved its annualised rate of return measured over a 20-year period. more... (Zawya)

DFSA and NASDAQ Dubai Announce the Transfer

The Transfer will result in the streamlining of the regulatory process for approving prospectuses and listing, for the benefit of issuers and investors. It is also in line with international best practice.more... (Zawya)

Quote of the Day:

“Your most unhappy customers are your greatest source of learning.” Bill Gates

 
Economic Highlights
Economic Indicators
GDP Growth FY12E
4.20%
GDP -2011
$180 bn
Per Capita Income FY11
$1,254
Population
177.1mn
US$ Reserves (Aug 27, 2011)
$17.90 bn
Trade Balance ( July 11)
$-1.48bn
Curr. A/C (July 11)
$-75mn
Remittances (July 11)
$1.1bn
Foreign Investment (Jul 11-Aug 11)
$-41.26mn
All Sch. Banks Deposit Base (Aug 26, 2011)
Rs737.14bn
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
12-SEP-11
13-SEP-11
bps
Pakistan Euro Bond Price Yield (Maturity 2016)
87.22
0.02%
10.76%
10.76%
-0.20
     
12-SEP-11
13-SEP-11
bps
Pakistan Credit Default Swap (CDS 5 year) (USD)    
970.56
981.11
10.55

KIBOR Rates (%)
1 month
3 month
6 month
1 Year
Bid
13.03
13.08
13.17
13.24
Offer
13.53
13.33
13.42
13.74

Inter Bank Money Market Rates (Last closing ) (%)
Overnight
1 Week
1-Month
3-Month
6-Month
1-Year
High  
13.40
13.35
13.30
13.30
13.30
13.40
Low  
13.00
13.25
13.20
13.15
13.20
13.30

Key Fx Rates
PKR/USD
PKR/EURO
PKR/JPY
PKR/GBP
PKR/AED
EURIBOR
LIBOR
Closing
87.53
119.74
1.53
139.26
23.95
1.72
0.52

T Bill Rates (%)
3 month
6 month
12 month
Avg.
13.29
13.28
13.38
Last Cut Off.
13.07
13.30
13.40
Bond Rates (%) Cut Off
Bid
Offer
Previous
Current
5-Y PIB
13.20
13.17
13.19
13.17
10 Y-PIB
13.21
13.18
13.20
13.18

10 Yr Govt bond (%)
Japan
Germany
US
UK
Australia
India
Brazil
Pakistan
Yield
0.99
1.79
1.97
2.41
4.08
8.33
12.61
13.18
Change bps
-2.00
2.00
2.00
3.00
-4.00
3.30
0.00
1.00

Commodities

     
13-SEP-11
14-SEP-11
change
WTI (USD/bbl)    
89.10
89.01
-0.10%
     
Brent (USD/bbl)    
111.91
111.27
-0.57%
     
Arab Light (USD/bbl)    
107.66
106.38
-1.19%

Domestic
Current
Previous
Change
High Speed Diesel (litre)
92.64
92.10
0.59%
Furnace Oil (Rs/ton)
69,507.20
70,004.84
-0.71%
Cement (Rs. Bag Avg)
402.63
391.25
2.91%
Urea Fertilizer (Rs/bag)
1,642.50
1,695.42
-3.12%
Gold 24cr (Rs./10gm) Khi
51,435.67
51,379.09
0.11%
Rice IRRI -6(Rs/100kg)
3,729.00
3,728.00
0.03%
KCA Cotton (Rs/mound)
7,400.00
7,000.00
5.71%
International
Current
Previous
Change
Coal Spot(USD/ton)
122.90
120.55
1.95%
Gold Futures (USD/oz)
1,836.00
1,838.00
0.11%
Sugar 11 (USD/lb)
27.96
27.64
1.16%
Steel (USD/ton)
755.53
756.68
-0.15%
Wheat (CBT) (USD/bu)
702.00
727.25
-3.47%
PTA (USD/ton)
1,345.00
1,275.00
5.49%
Copper (USD/ton)
8,745.00
8,732.25
0.15%

Kindly Click here for PDF Version

(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.