BasedLine

Date: 26-September-2011
KSE-100 Index
Previous Index 11,690.23
Current Index 11,606.86
Change % -0.71%
YTD (CY11) -3.46%
YTD (FY12) -7.12%
KSE-100 Index
Previous Index 21,203.98
Current Index 21,122.57
Change % -0.38%
YTD (CY11) 12.33%
YTD (FY12) 0.89%
International Indicators
 
Close
%age
BSE-30 16,162.06 -1.22
HANGSENG 17,668.83 -1.36
NIKKEI 225 n/a n/a
FTSE 5,066.81 0.50
DJIA 10,771.48 0.35
SSEC 2,433.16 -0.41
NASDAQ 2,483.23 1.12
 
Close
%age
TASI 6,083.37 -0.96
KSE(Kuwait) 5,849.80 -1.12
BSE 1,221.73 -1.87
MSM 5,661.41 -0.66
ADX 2,538.01 -0.76
DFM 1,446.55 -0.94
QSE 8,402.40 -0.50
Capital Market Overview

Weekly review: Stock market defies global trend

The local bourse took a different path than the global markets and continued its upward trend as investors focused on local triggers and shrugged off news coming from other side of the globe. more... (ET)

NAVs and Returns
as of September 23, 2011
Funds Offer Redemption
POGSF
10.1913/-
10.1913/-
YTD Return
12.67%
POAIIF
52.2655/-
51.7428/-
YTD Return
12.95%
POAAAF
48.76/-
47.54/-
YTD Return
-5.90%
POIAAF
53.99/-
52.64/-
YTD Return
0.75%
POAF
B.C
YTD Return
B.C
Funds Rating
AMC
AM3
POAIIF
A+ (f)
POAF
AA-
  Jul-11 Aug -11
MoM (%)
AUM's (PKR bn) 216.00 225.15 4.24%
No of AMCs 26 26 -
No of Funds 122 122 -
KSE Market Data
KSE Market Data
Capitalization
Volume
Traded Val.
KSE Return
 
(USD bn)
(Rs. bn)
(Sh. mn)
(Rs.bn)
(YTD)
KSE100
32.66
2,809
72.27
3.50
-3.46%
KSE30
6.69
575
41.42
3.11
-4.25%
KMI30
4.94
425
29.63
2.32
12.33%
KSE All
35.58
3,060
79.30
3.58
-3.69%
September 23, 2011
GDR
GDR Closing
GDR (USD)
KSE(Rs)
LSE(Rs)
YTD Chg.
MCB
2.60
173.84
113.82
-12.77%
OGDC
15.00
133.09
131.33
-13.01%
UBL
2.00
60.03
43.78
-3.04%
LUCK
1.70
73.22
37.21
3.36%
September 23, 2011
F.I.P.I.  
(USD 000)
Buy Value
Sell Value
Net Value
Foreign Individiual
12.87
-6.48
6.40
Foreign Corporates
1,387.15
-3,408.96
-2,021.82
Overseas Pakistani
460.85
-404.33
56.53
Grand Total
1,860.87
-3,819.77
-1,958.89
F.I.P.I.
Foreign Investment              
Foreign Investors Portfolio Investment (FIPI USD mn)
CYTD
YoY Chg
MTD
Mom Chg.
22-Sep-11
23-Sep-11
Change
Gross Buy
540.26
-38.14%
34.56
-52.84%
1.95
1.86
-4.57%
Gross Sell
-548.68
7.71%
-32.16
-42.10%
-2.21
-3.82
-72.84%
Net Buy/(Sell)
-8.59
-102.27%
2.49
-86.41%
-0.26
-1.96
-653.42%
S.C.R.A
Country
During the Period FY12TD
21-09-2011
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
-
-
2.03
-
-
-0.96
-
0.03
-0.03
Luxembourg
5.65
-
-
25.21
-
-
-19.56
0.01
-
0.01
Switzerland
10.41
0.18
-
14.49
-
-
-3.89
0.54
-
0.54
UAE
1.18
0.52
-
2.34
4.18
-
-5.34
0.18
1.28
-1.10
UK
15.85
0.16
-
41.65
-
-
-25.64
-
0.51
-0.51
USA
46.74
-
-
72.14
-
-
-25.68
0.05
0.11
-0.07
Total
89.83
0.86
-
167.37
4.18
-
-81.66
0.78
1.93
-1.15
News Clippings
Economy

IMF team to visit Pakistan in November, says minister

A team of experts from the International Monetary Fund will visit Islamabad in November for talks with Pakistani officials, says Finance Minister Abdul Hafiz Shaikh. more... (D)

Hafeez Shaikh discusses financing for Diamer Basha Dam, TAPI with ADB

Finance Minister Abdul Hafeez Shaikh met here with the President of Asian Development Bank Haruhiko Kuroda and discussed possible financing of projects including Diamer Basha Dam. more... (ET)

Hafeez holds important meetings in Washington

Finance Minister Dr Abdul Hafeez Sheikh during his visit to Washington held meetings with World Bank and various others officials. more... (N)

FBS shakes up SPI touchstones

The Federal Bureau of Statistics (FBS) has changed the base period for monitoring of the Sensitive Price Indicator (SPI) besides making several other modifications in the index keeping in view the overall changes in incomes since 2000-2001-the earlier based period. more... (N)

Company & Sector Update

KESC is responsible for its liabilities, not govt: Dr Asim Hussain

Federal Minister for Petroleum and Natural Resources Dr Asim Hussain has said that the Karachi Electric Supply Company is itself responsible for billions of rupees in liabilities that it has to pay various departments and the government will not share this burden. more... (ET)

SECP acts to up investor awreness

The Securities and Exchange Commission of Pakistan (SECP) on Friday organized "Investors'Feedback Programme" to seek feedback of entities on measures required to build more... (N)

Traded volume at PMEX rises

Traded volume at the Pakistan Mercantile Exchange (PMEX) increased to Rs490 billion in 2010-2011 from Rs63 billion in the previous year. more... (D)

Consumer goods companies make huge profit

The fast moving consumer goods companies (FMCG)–listed on the Karachi Stock Exchange made profits in the first half of the year 2011 (Jan-June), more... (D)

Political

Govt mobilising political leadership for united stand

The government is mobilising the national political leadership to take a united stand in the face of US pressure and serious allegations levelled against the armed forces and the ISI. more... (D)

Sindh PPP wants deadline for voter verification extended

The Sindh PPP has urged the Election Commission to extend the date for verification of draft electoral rolls by one or two months to enable the rain-affected people to get their names enlisted after returning to their homes. more... (D)

US should respect Pak sovereignty: Rehaman Malik

Federal Interior Minister Rehman Malik has said that Pakistan has been extending all possible cooperation to the United States in its war on terrorism, therefore, the United States should respect the sovereignty of Pakistan. more... (BR)

'All options open' on Pakistan: US

The United States will have to consider all options "including defending our troops" in confronting Pakistani support for militant networks fighting U.S. soldiers in the region, a senator said on Sunday. more... (N)

GCC

Saudi King Abdullah says GCC plan 'exit' for Yemen crisis

Saudi King Abdullah urged Yemenis Sunday to implement the Gulf Initiative by which President Ali Abdullah Saleh, who returned from the kingdom two days ago, would transfer power to his deputy. more... (Zawya)

SCA implements global reporting standards for listed companies

In association with the bourses, the Emirates Securities and Commodities Authority (SCA), has implemented the international financial reporting standards for listed companies, more... (Zawya)

Banks offering loan for SMN Power IPO

Several local banks have started offering credit facility for investors to apply for the initial public offering (IPO) of SMN Power Holding. The loan facility, which is going to be in a 1:1 ratio, is expected to boost the overall subscription of the share offer. more...(Zawya)

GCC rebuilds, repairs hundreds of homes in Gaza

The GCC program for the reconstruction of Gaza has succeeded to rebuild hundreds of homes destroyed during the Israeli aggression on Gaza Strip in 2008-2009. more... (Zawya)

Quote of the Day:

“Ignorance gives one a large range of probabilities.” George Eliot

 
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 17, 2011)
$17.64 bn
Trade Balance ( Aug 11)
$-2.43bn
Curr. A/C (July 11- Aug 11)
$-189mn
Remittances (July 11- 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 (Aug-11) 11.56%
   
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
22-SEP-11
23-SEP-11
bps
Pakistan Euro Bond Price Yield (Maturity 2016)
86.91
0.06%
10.89%
10.88%
-1.30
     
22-SEP-11
23-SEP-11
bps
Pakistan Credit Default Swap (CDS 5 year) (USD)    
985.94
1,066.78
80.84

KIBOR Rates (%)
1 month
3 month
6 month
1 Year
Bid
13.03
13.06
13.11
13.18
Offer
13.53
13.31
13.36
13.68

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  
13.40
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
87.57
121.23
1.18
134.79
23.82
1.73
0.54

T Bill Rates (%)
3 month
6 month
12 month
Avg.
13.15
13.13
13.16
Last Cut Off.
13.07
13.23
13.31
Bond Rates (%) Cut Off
Bid
Offer
Previous
Current
5-Y PIB
13.21
13.17
13.21
13.17
10 Y-PIB
13.22
13.18
13.22
13.18

10 Yr Govt bond (%)
Japan
Germany
US
UK
Australia
India
Brazil
Pakistan
Yield
0.98
1.75
1.82
2.36
4.02
8.30
12.61
13.18
Change bps
-1.00
-8.00
-10.00
5.00
1.00
0.30
0.00
0.00

Commodities

     
23-SEP-11
26-SEP-11
change
WTI (USD/bbl)    
81.06
79.75
-1.62%
     
Brent (USD/bbl)    
106.25
103.71
-2.39%
     
Arab Light (USD/bbl)    
102.33
101.66
-0.65%

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
46,596.38
49,873.15
-6.57%
Rice IRRI -6(Rs/100kg)
3,632.00
3,634.00
-0.06%
KCA Cotton (Rs/mound)
6,300.00
6,700.00
-5.97%
International
Current
Previous
Change
Coal Spot(USD/ton)
122.55
122.90
-0.28%
Gold Futures
1,633.40
1,745.70
-6.43%
Sugar 11 (USD/lb)
24.13
24.81
-2.74%
Steel (USD/ton)
737.71
742.53
-0.58%
Wheat (CBT) (USD/bu)
640.75
633.75
1.10%
PTA (USD/ton)
1,340.00
1,345.00
-0.37%
Copper (USD/ton)
7,343.00
7,653.25
-4.05%

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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.