BasedLine
Date: 20-September-2011
KSE-100 Index
Previous Index 11,353.46
Current Index
11,356.64
Change % 0.03%
YTD (CY11) -5.54%
YTD (FY12) -9.12%
KSE-100 Index
Previous Index 20,626.08
Current Index
20,712.04
Change % 0.41%
YTD (CY11) 10.14%
YTD (FY12) -1.07%
International Indicators
 
Close
%age
BSE-30 16,745.35 -1.11
HANGSENG 18,917.95 -2.76
NIKKEI 225 n/a n/a
FTSE 5,359.60 -2.03
DJIA 11,401.01 -0.94
SSEC 2,437.79 -1.79
NASDAQ 2,612.83 -0.36
 
Close
%age
TASI 6,118.34 -0.42
KSE(Kuwait) 5,976.70 -0.44
BSE 1,257.29 -0.55
MSM 5,734.92 -0.14
ADX 2,564.02 -0.26
DFM 1,462.54 -0.61
QSE 8,405.59 -0.31
Capital Market Overview

Market watch : Bourse ends flat in thin trade

The stock market ended flat on Monday in a dismal session as investors stayed away and seemed to be taking a longer weekend than usual. more... (ET)

NAVs and Returns
as of September 19,2011
Funds Offer Redemption
POGSF
10.17/-
10.17/-
YTD Return
12.35%
POAIIF
52.21/-
51.69/-
YTD Return
13.08%
POAAAF
48.38/-
47.17/-
YTD Return
-6.63%
POIAAF
53.89/-
52.54/-
YTD Return
0.56%
POAF
B.C
YTD Return
B.C
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
32.14
2,764
19.89
1.50
-5.54%
KSE30
6.59
567
14.85
1.42
-5.65%
KMI30
4.87
419
11.16
1.26
10.14%
KSE All
35.07
3,016
31.17
1.61
-5.62%
September 19, 2011
GDR
GDR Closing
GDR (USD)
KSE(Rs)
LSE(Rs)
YTD Chg.
MCB
2.60
174.53
113.97
-12.43%
OGDC
14.00
128.03
122.74
-16.31%
UBL
2.00
58.08
43.84
-6.19%
LUCK
1.70
73.67
37.26
3.99%
September19, 2011
F.I.P.I.  
(USD 000)
Buy Value
Sell Value
Net Value
Foreign Individiual
5.64
-5.12
0.51
Foreign Corporates
1,364.00
-1,125.89
238.11
Overseas Pakistani
142.48
-98.50
43.98
Grand Total
1,512.11
-1,229.51
282.60
F.I.P.I.
Foreign Investment              
Foreign Investors Portfolio Investment (FIPI USD mn)
CYTD
YoY Chg
MTD
Mom Chg.
16-Sep-11
19-Sep-11
Change
Gross Buy
528.55
-38.85%
22.86
-64.47%
0.56
1.51
171.21%
Gross Sell
-538.36
6.85%
-21.84
-56.32%
-1.04
-1.23
18.56%
Net Buy/(Sell)
-10.03
-102.68%
1.04
-92.97%
-0.48
0.28
-158.93%
S.C.R.A
Country
During the Period FY12TD
16-09-2011
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
-
-
1.87
-
-
-0.79
-
0.00
0.00
Luxembourg
5.64
-
-
25.16
-
-
-19.52
-
0.01
-0.01
Switzerland
9.87
0.18
-
14.40
-
-
-4.34
0.02
0.40
-0.39
UAE
0.87
0.52
-
1.06
4.18
-
-4.38
-
-
-
UK
15.43
0.16
-
41.04
-
-
-25.44
-
0.01
-0.01
USA
46.53
-
-
70.59
-
-
-24.34
2.05
0.65
1.40
Total
88.30
0.86
-
163.62
4.18
-
-79.45
2.07
1.09
0.98
News Clippings
Economy

Poor law and order: Chinese company backs off from Thar coal project

A Chinese company, which had earlier shown interest in investing in the Thar coal project, more... (ET)

Current account deficit shrinks 81pc

Pakistan's current account deficit squeezed by 81.4 per cent to $189 million during the first two months of current fiscal year 2011-12 (2MFY12) from $1.01 billion in the same period of last year mainly due to higher workers' remittances, more... (FD)

Maintaining strategic reserves, USC requirements

Economic Coordination Committee (ECC) of the Cabinet would be approached for import of around 0.4 million tonnes of refined sugar for maintaining strategic more... (DT)

Ministry admits govt facing Rs 45bn loss due to gas subsidies

Ministry of Petroleum and Natural Resources on Monday admitted that government has been facing revenue loss of Rs 45 billion, because of allowing subsidy to industrial, more... (DT)

MoU signed between Sindh govt, Chinese Global Mining Co

Chief Minister Sindh Syed Qaim Ali Shah has said the objective of exploration of Coal and Mining is to enhance energy sources for Pakistan so as to overcome energy problem. more... (DT)

Company & Sector Update

Cement prices last year recorded 27pc rise

The average price of cement during the previous year recorded 27 percent surge, more... (N)

Corporate results : Banking sector profits grow 20%

The banking sector’s profit rose by 20% to Rs47.4 billion in the first half of 2011, standing slightly lower than big five banks’ more... (ET)

SBP announces conversion rates

State Bank of Pakistan on Monday announced the rates for conversion into Rupees of foreign currency deposits, more... (FD)

PASDEC exploring new markets to export marble, granite

Chief Executive Officer (CEO), Ihsanullah Khan said that nature has blessed Pakistan with enormous marble more... (BR)

PSIC allocated Rs 4051mn soft-term loan

Punjab Small Industries Corporation (PSIC) disbursed Rs 4051.462 million as soft term loans to 19,470 people till June last. more... (BR)

LPGAP firm to challenge ministry on new LPG policy

The LPG Association of Pakistan (LPGAP) may challenge the new LPG Production and Distribution Policy 2011 more... (DT)

 

Political

US wants its Pak aid to reach more civilians

The US Ambassador Cameron Munter has said that the Obama administration aims to increase the proportion of aid it provides for the country's civilian rather than military needs. more... (DT)

Clinton focuses on Haqqani network in talks with Khar

The first and the last thing” on US Secretary of State Hillary Clinton's agenda for her three-and-a-half-hour meeting with Pakistani Foreign Minister Hina Rabbani Khar was counter-terrorism, more... (D)

ANP welcomes Altaf's retraction

Senior leader of the Awami National Party (ANP) Haji Adeel has welcomed the decision of MQM Chief Altaf Hussain to retract his statement against ANP Chief Asfandyar Wali Khan. more... (N)

Zardari sets up cell to monitor relief

President Asif Ali Zardari directed the provincial government on Monday to focus its efforts on saving human lives in rain- and flood-affected areas by ensuring an uninterrupted supply of food and safe drinking water to the flood-affected people till their rehabilitation. more... (D)

GCC

Abu Dhabi's non-oil trade surges

Abu Dhabi's non-oil trade surged 35.3 per cent in the second quarter compared with the same period last year, a report by the Abu Dhabi Statistics Department (Scad) showed. more... (Gulf News)

Dubai Gold Securities' trade up 230%

In equities trading, individual investors accounted for 6.6 per cent of the traded value of all shares traded on Nasdaq Dubai in the first eight months of 20 Trading of Dubai Gold Securities (DGS) on Nasdaq Dubai rose to 6,075 securities in August, a 230 per cent increase from 1,840 in July, more... (Gulf News)

Cabinet OKs GCC railway project

The Council of Ministers on Monday gave the go-ahead to implement the $25 billion Gulf Cooperation Council railway project, which aims to link the six GCC countries through a 2,117-km railway network. more...(Zawya)

Dubai launches real estate rescue fund for 100 projects

The Real Estate DevelopmentReal Estate Development plan, or Tanmia, launched today by the Dubai Land Department, will cover 100 projects in 2012, and will span the next three to four years, a senior official told Emirates 24|7. more... (Zawya)

Quote of the Day:

“A wise man's question contains half the answer.” Solomon Ibn Gabirol

 
Economic Highlights
Economic Indicators
GDP Growth FY12E
4.20%
GDP -2011
$180 bn
Per Capita Income FY11
$1,250
Population
177.1mn
US$ Reserves (Sep 10, 2011)
$17.79 bn
Trade Balance ( Aug 11)
$-2.43bn
Curr. A/C (Aug 11)
$-189mn
Remittances (Aug 11)
$2.41bn
Foreign Investment (Jul 11-Aug 11)
$65.2mn
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
19-SEP-11
16-SEP-11
bps
Pakistan Euro Bond Price Yield (Maturity 2016)
87.41
0.66%
10.71%
10.89%
-17.60
     
19-SEP-11
16-SEP-11
bps
Pakistan Credit Default Swap (CDS 5 year) (USD)    
1,033.30
981.77
51.53

KIBOR Rates (%)
1 month
3 month
6 month
1 Year
Bid
13.05
13.10
13.16
13.23
Offer
13.55
13.35
13.41
13.73

Inter Bank Money Market Rates (Last closing ) (%)
Overnight
1 Week
1-Month
3-Month
6-Month
1-Year
High  
13.40
13.30
13.30
13.30
13.30
13.40
Low  
13.00
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
87.60
119.70
1.14
137.51
23.85
1.74
0.52

T Bill Rates (%)
3 month
6 month
12 month
Avg.
13.29
13.28
13.36
Last Cut Off.
13.07
13.30
13.40
Bond Rates (%) Cut Off
Bid
Offer
Previous
Current
5-Y PIB
13.24
13.22
13.18
13.22
10 Y-PIB
13.28
13.22
13.15
13.22

10 Yr Govt bond (%)
Japan
Germany
US
UK
Australia
India
Brazil
Pakistan
Yield
0.99
1.80
1.94
2.39
4.15
8.33
12.61
13.22
Change bps
-2.00
-6.00
-11.00
-9.00
-0.00
-3.60
0.00
12.00

Commodities

     
19-SEP-11
20-SEP-11
change
WTI (USD/bbl)    
86.77
85.70
-1.23%
     
Brent (USD/bbl)    
111.32
109.32
-1.80%
     
Arab Light (USD/bbl)    
109.52
106.41
-2.84%

Domestic
Current
Previous
Change
High Speed Diesel (litre)
92.64
92.10
0.59%
Furnace Oil (Rs/ton)
71,663.64
69,507.20
3.10%
Cement (Rs. Bag Avg)
410.88
402.63
2.05%
Urea Fertilizer (Rs/bag)
1,604.58
1,642.50
-2.31%
Gold 24cr (Rs./10gm) Khi
50,785.98
51,991.09
-2.32%
Rice IRRI -6(Rs/100kg)
3,713.00
3,768.00
-1.46%
KCA Cotton (Rs/mound)
7,300.00
7,400.00
-1.35%
International
Current
Previous
Change
Coal Spot(USD/ton)
122.55
122.90
-0.28%
Gold Futures (USD/oz)
1,785.00
1,825.70
-2.23%
Sugar 11 (USD/lb)
26.71
26.31
-1.52%
Steel (USD/ton)
748.40
752.55
-0.55%
Wheat (CBT) (USD/bu)
673.00
688.25
-2.22%
PTA (USD/ton)
1,340.00
1,345.00
-0.37%
Copper (USD/ton)
8,339.00
8,671.25
-3.83%

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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.