BasedLine
Date: 15-September-2011
KSE-100 Index
Previous Index 11,264.43
Current Index
11,297.02
Change % 0.29%
YTD (CY11) -6.03%
YTD (FY12) -9.60%
KSE-100 Index
Previous Index 20,322.29
Current Index
20,519.51
Change % 0.97%
YTD (CY11) 9.12%
YTD (FY12) -1.99%
International Indicators
 
Close
%age
BSE-30 16,709.60 -1.47
HANGSENG 19,045.44 0.08
NIKKEI 225 8,518.57 -1.14
FTSE 5,227.00 1.02
DJIA 11,246.73 1.27
SSEC 2,485.35 0.57
NASDAQ 2,572.55 1.60
 
Close
%age
TASI 6,071.52 0.04
KSE(Kuwait) 6,035.70 0.46
BSE 1,270.14 0.30
MSM 5,700.26 0.13
ADX 2,579.18 -0.17
DFM 1,466.81 0.42
QSE 8,319.17 -0.18
Capital Market Overview

Market watch: Stock Market gains in upbeat Session

The stock market’s upward momentum continued on Wednesday amid better volumes as local institutions were active during the trading session. more... (ET)

NAVs and Returns
as of September 14,2011
Funds Offer Redemption
POGSF
10.16/-
10.16/-
YTD Return
12.40%
POAIIF
52.21/-
51.69/-
YTD Return
14.02%
POAAAF
48.90/-
47.68/-
YTD Return
-5.62%
POIAAF
54.96/-
53.59/-
YTD Return
2.56%
POAF
11.53/-
YTD Return
12.69%
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
31.88
2,742
63.51
3.03
-6.03%
KSE30
6.54
562
44.51
2.73
-6.36%
KMI30
4.83
415
40.88
2.44
9.12%
KSE All
34.79
2,992
75.73
3.11
-6.11%
September 14, 2011
GDR
GDR Closing
GDR (USD)
KSE(Rs)
LSE(Rs)
YTD Chg.
MCB
2.60
174.38
113.76
-12.50%
OGDC
14.00
126.57
122.51
-17.27%
UBL
2.00
57.87
43.76
-6.53%
LUCK
1.70
74.05
37.19
4.53%
September14, 2011
F.I.P.I.  
(USD 000)
Buy Value
Sell Value
Net Value
Foreign Individiual
58.15
-54.77
-3.38
Foreign Corporates
3,984.82
-1,370.29
2,614.53
Overseas Pakistani
248.06
-266.59
-18.53
Grand Total
4,291.03
-1,691.66
2,599.37
F.I.P.I.
Foreign Investment              
Foreign Investors Portfolio Investment (FIPI USD mn)
CYTD
YoY Chg
MTD
Mom Chg.
13-Sep-11
14-Sep-11
Change
Gross Buy
538.08
-38.53%
20.62
-63.65%
0.62
4.29
-596.97%
Gross Sell
-545.32
7.56%
-16.79
-60.57%
-1.93
-1.69
-12.26%
Net Buy/(Sell)
-7.24
-101.94%
3.83
-73.14%
-1.31
2.60
-298.07%
S.C.R.A
Country
During the Period FY12TD
13-09-2011
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
-
-
1.86
-
-
-0.79
-
-
-
Luxembourg
5.62
-
-
24.95
-
-
-19.33
-
0.01
-0.01
Switzerland
9.69
0.18
-
14.00
-
-
-4.12
-
-
-
UAE
0.87
0.52
-
1.06
4.18
-
-4.38
-
-
-
UK
15.04
0.16
-
41.01
-
-
-25.82
0.12
0.09
0.03
USA
43.38
-
-
68.10
-
-
-25.00
0.53
0.49
0.04
Total
84.54
0.86
-
160.45
4.18
-
-80.04
0.65
5.17
-4.52
News Clippings
Economy

US expresses concern over reemergence of circular debt

The US on Wednesday expressed concern over the reemergence of circular debts and stressed upon Pakistan's economic managers to resolve this issue once and for all. more... (DT)

Exports reach to $25bn due to efforts of business community

Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Haji Ghulam Ali said on Wednesday that business community has played its role in achieving exports of $25 billion against the government target of $20 billion despite economic challenges. more... (BR)

Monetisation plan: 25% increase in house rent for govt employees

The finance ministry has, in principle, approved a 25 per cent increase in house rent of government employees as part of a monetisation plan, which will replace different facilities provided to them with a fixed monthly amount in their salaries. more... (ET)

Pakistan's Rs11trn debt raises interest rate risks: ADB

Pakistan's public debt at record Rs11 trillion raises rollover and interest rate risks, while inflation rate is predicted to stay strong despite a slight recovery in national economy expected during the current financial year, according to the Asian Development Bank. more... (D)

Company & Sector Update

PPL to partner with Iran for E&P activities

(PPL) is interested in entering into oil and gas exploration and production activities in Iran. more... (BR)

Energy sector top priority: Shaikh

Federal Minister for Finance Dr. Abdul Hafeez Shaikh said on Wednesday the government was committed to strengthening the energy sector for overall economic development of the country. more... (N)

2.7mn cotton bales of Rs3.5bn damaged

About 2.7 million cotton bales worth Rs3.5 billion were destroyed during recent flash floods in Sindh province as about 23 cotton growing districts of the province were badly affected due to torrential rains. more... (FD)

LPG prices drop by Rs5 per kg

Fearing LPG Policy 2011, LPG marketing companies on Wednesday lowered the prices of gas by five rupees per kilogram. more... (FD)

KSE tad better on fertilizsers

Karachi Stock Exchange (KSE) Wednesday ended higher led by buying in fertiliser stocks such as Fauji Bin Qasim. more... (N)

Political

Afghan attacks show Pakistani-based militants’ role: US officials

Militants based in Pakistani safe havens are stepping up cross-border attacks in Afghanistan as security cooperation between the United States and Pakistan remains under severe strain, US officials said. more... (D)

Over 100 arrested as search operation goes on in Karachi

The law enforcement agencies (LEAs) claimed to have detained over 100 suspects, including three target killers, two robbers and two extortionists, in separate raids in the metropolis on Wednesday. more... (DT)

Nawaz sends get-well message to Zardari

The Pakistan Muslim League-Nawaz (PML-N) chief Nawaz Sharif on Wednesday sent a bouquet and a get-well message to President Asif Ali Zardari at his hotel in London. more... (DT)

No place for criminals in MQM: Altaf

Founder and leader of Muttahida Qaumi Movement (MQM) Altaf Hussain has unequivocally stated that there was no place for criminal elements in the party. more... (N)

GCC

Kuwaiti economy up 16.9% in 2010

Higher oil prices boosted Kuwait's nominal GDP by nearly 16.9 per cent in 2010 after contracting by more than 23 per cent in 2009 because of lower crude prices and production, according to a bank in the Gulf emirate. more... (Zawya)

UAE, Turkey discuss trade development

Obaid Humaid Al Tayer, Minister of State for Financial Affairs, yesterday met with Ali Babacan, Deputy Prime Minister of Turkey. more... (Gulf news)

Palestine plans first sukuk sale

The central bank of the Palestinian Authority, whose leaders plan to seek statehood at the United Nations this month, may sell its first Islamic bonds in December to bolster an economy sustained by foreign aid. more...(Gulf news)

Building material prices drop

Statistics Centre Abu Dhabi (SCAD) issued its monthly report on the prices of building materials which showed a decline in the prices of key building materials in Abu Dhabi in August. more... (Gulf news)

Quote of the Day:

“If we are to learn to improve the quality of the decisions we make, we need to accept the mysterious nature of our snap judgments.” Ellen DeGeneres

 
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 30, 2011)
Rs715.78bn
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
13-SEP-11
14-SEP-11
bps
Pakistan Euro Bond Price Yield (Maturity 2016)
87.14
-0.09%
10.76%
10.79%
2.90
     
13-SEP-11
14-SEP-11
bps
Pakistan Credit Default Swap (CDS 5 year) (USD)    
981.11
1,003.28
22.17

KIBOR Rates (%)
1 month
3 month
6 month
1 Year
Bid
13.03
13.07
13.15
13.23
Offer
13.53
13.32
13.40
13.73

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  
12.50
13.25
13.20
13.20
13.20
13.30

Key Fx Rates
PKR/USD
PKR/EURO
PKR/JPY
PKR/GBP
PKR/AED
EURIBOR
LIBOR
Closing
87.50
119.14
1.14
137.83
23.82
1.73
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
13.25
13.20
13.20
13.20
10 Y-PIB
13.26
13.21
13.21
13.21

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

     
14-SEP-11
15-SEP-11
change
WTI (USD/bbl)    
89.01
89.80
0.89%
     
Brent (USD/bbl)    
111.27
112.10
0.75%
     
Arab Light (USD/bbl)    
106.38
106.87
0.46%

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
51,288.25
51,435.67
-0.29%
Rice IRRI -6(Rs/100kg)
3,751.00
3,729.00
0.59%
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)
1,818.00
1,836.00
-0.98%
Sugar 11 (USD/lb)
28.12
27.96
0.57%
Steel (USD/ton)
756.06
755.53
0.09%
Wheat (CBT) (USD/bu)
704.00
702.00
0.36%
PTA (USD/ton)
1,345.00
1,275.00
5.49%
Copper (USD/ton)
8,603.25
8,745.00
-1.62%

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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.