BasedLine

Date: 05-October-2011
KSE-100 Index
Previous Index 11,708.25
Current Index 11,933.28
Change % 1.92%
YTD (CY11) -0.74%
YTD (FY12) -4.50%
KSE-100 Index
Previous Index 21,281.34
Current Index 21,767.79
Change % 2.29%
YTD (CY11) 15.76%
YTD (FY12) 3.97%
International Indicators
 
Close
%age
BSE-30 15,864.90 -1.77
HANGSENG 16,250.30 -3.40
NIKKEI 225 8,456.12 -1.05
FTSE 4,944.44 -2.58
DJIA 10,808.70 1.44
SSEC 2,359.22 -0.26
NASDAQ 2,404.82 2.95
 
Close
%age
TASI 5,965.13 -0.98
KSE(Kuwait) 5,804.30 -0.13
BSE 1,167.04 -0.22
MSM 5,556.75 -0.44
ADX 2,496.99 -0.87
DFM 1,387.31 -1.44
QSE 8,157.48 -1.61
Capital Market Overview

Market watch: Fertiliser stocks turn to gold as investors scramble to buy shares

Stock market surged to an eight-week high as investors tried to grab every fertiliser stock available in the market.The Karachi Stock Exchange’s (KSE) benchmark 100-share index surged 1.92 per cent or 225.03 points to end at 11,933.28 point level. more... (ET)

NAVs and Returns
as of October 04, 2011
Funds Offer Redemption
POGSF
10.2399/-
10.2399/-
YTD Return
13.36%
POAIIF
52.4197-
51.8955/-
YTD Return
12.64%
POAAAF
49.55/-
48.31/-
YTD Return
-4.37%
POIAAF
54.68/-
53.31/-
YTD Return
2.03%
POAF
10.56/-
YTD Return
11.74%
Funds Rating
AMC
AM3
POAIIF
A+ (f)
POAF
AA-
POAAAF
5 Star
POIAAF
3 Star
  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
33.88
2,914
86.33
4.96
-0.74%
KSE30
6.89
592
51.84
4.43
-1.34%
KMI30
5.09
438
38.34
3.26
15.76%
KSE All
36.61
3,148
105.66
5.09
-1.07%
October 04 , 2011
GDR
GDR Closing
GDR (USD)
KSE(Rs)
LSE(Rs)
YTD Chg.
MCB
2.60
174.15
113.71
-12.62%
OGDC
14.94
137.19
130.68
-10.33%
UBL
2.00
60.31
43.74
-2.58%
LUCK
1.70
74.92
37.17
5.76%
October 04 , 2011
F.I.P.I.  
(USD 000)
Buy Value
Sell Value
Net Value
Foreign Individiual
105.65
-90.35
15.30
Foreign Corporates
5,700.23
-3,681.14
2,019.08
Overseas Pakistani
138.44
-309.99
-171.55
Grand Total
5,944.32
-4,081.48
1,862.84
F.I.P.I.
Foreign Investment              
Foreign Investors Portfolio Investment (FIPI USD mn)
CYTD
YoY Chg
MTD
Mom Chg.
03-Oct-11
04-Oct-11
Change
Gross Buy
556.83
-38.60%
0.66
-98.52%
0.67
5.94
783.70%
Gross Sell
-571.23
9.36%
-1.22
-97.83%
-1.24
-4.08
228.17%
Net Buy/(Sell)
-14.63
-103.66%
-0.56
-95.13%
-0.57
1.86
-426.22%
S.C.R.A
Country
During the Period FY12TD
03-10-2011
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
-
-
3.16
-
-
-2.08
-
-
-
Luxembourg
6.56
-
-
26.89
-
-
-20.33
-
-
-
Switzerland
10.83
0.18
-
15.07
-
-
-4.06
-
0.05
-0.05
UAE
1.73
0.52
-
2.39
4.18
-
-4.85
-
-
-
UK
16.28
0.16
-
45.00
-
-
-28.56
0.10
0.10
0.00
USA
54.87
-
-
88.59
-
0.85
-34.56
-
7.44
-8.00
Total
103.00
0.86
-
190.98
4.18
0.85
-92.67
0.39
7.63
-7.80
News Clippings
Economy

CPI inflation swells to 11.47pc during Jul-Sept

The CPI inflation swelled to 11.47 percent for July-September 2011 over the same period of last year, according to Federal Bureau of Statistics (FBS). more... (BR)

Govt to import 500mmcf LNG

The government is actively engaged to pave way for import of 500 million cubic feet (mmcf) Liquefied Natural Gas (LNG) on emergent basis to be exclusively used for generation of 2500 megawatts electricity in the country. more... (FD)

Punjab to invest in new six-dam

The construction of six new dams will be started soon in Punajb, in this regard locations have been finalised to Chahan dam at a cost of Rs 1,150 million would be constructed in Rawalpindi, Mari and Sohara dams in district Attock at a cost of Rs 450 and Rs 350 million respectively which would irrigate 1,700 and 1,900 acres of land. more... (BR)

Phutti arrivals rise in September

Phutti (seed cotton) arrivals during the first month of new crop season have dispelled the fear that cotton crop will be much short owing to damage caused by floods in Sindh. more... (D)

Company & Sector Update

Steps to avoid fertiliser shortfall urged

Timely import and un-interrupted gas supply for the fertilizer industry was essential to avoid any shortage and price hike of fertilisers in the local markets during the current sowing season (Rabbi) in the country. more... (FD)

PSO blacklists ME oil supplier

Pakistan State Oil (PSO) has blacklisted Middle East trader FAL Oil from participating in its tenders for failing to meet its contractual agreements, PSO said on its website on Tuesday. more... F(D)

Pakistan Steel focus on domestic raw materials

Pakistan Steel Mills management in the pursuance of its self-reliance policy has been utilizing all options to increase the use of domestic raw materials to ensure their constant supply for the Mills and to save a big amount being spent on import of these commodities. more... (BR)

Plan to raise power tariff put on hold

The federal government seems to have shelved a plan proposed by a cabinet committee on energy to raise electricity tariff by 12-16 per cent. more... (D)

Political

Angry MPs call for resignations over Balochistan killings

The National Assembly was outraged across party lines on Tuesday by the killing of at least 13 people in a sectarian attack near Quetta, with some government allies demanding that the interior minister and the Balochistan chief minister resign and the federal government impose governor's rule in the troubled province. more... (D)

MQM meeting on rejoining govt today

The Muttahida Qaumi Movement is holding a crucial meeting on Wednesday to decide whether to rejoin the PPP-led government or play the role of an active opposition at the federal level and in Sindh. more... (D)

Afghanistan says Pakistan refuses help in Rabbani probe

Afghanistan on Tuesday accused Pakistan of refusing to cooperate with investigations into the killing of Kabul government peace envoy Burhanuddin Rabbani. more... (D)

SC dismisses review plea over appointment of NAB chief

The Supreme Court on Tuesday dismissed Federation's review plea seeking extension in time-frame over the appointment of Chairman National Accountability Bureau. more... (BR)

 

GCC

Qatar in $750m European Goldfields deal

QATAR holding is poised to become the largest shareholder in European Goldfields after it agreed to lend the company $750m to fund the development of its flagship mines in Greece. more... (Zawya)

UAE banking sector will return to strong profit growth next year

Dubai: The UAE's banking sector is set to return to strong profit growth in 2012 as most banks have made provisions for the non-performing assets they accumulated during the financial crisis, Abdul Aziz Al Ghurair, Chief Executive Officer of Mashreq, said yesterday. more.. .(Gulf News)

Arab Spring sparks sharp fall in foreign investment

KUWAIT CITY, Oct 04, 2011 (AFP) - The flow of foreign direct investment into the Arab world is expected to slump by 17 percent in 2011, with countries that saw popular uprisings worst hit, a pan-Arab organisation said on Tuesday. more... (Zawya)

Wiped off: $41b in GCC's market cap disappears in Q3

From $720.93 billion on June 30, 2011 (end of Q2, 2011), the combined market cap of the seven Gulf bourses declined 5.66 per cent to $680.08 billion on September 29. more... (Zawya)

Quote of the Day:

“ Well, when you're trying to create things that are new, you have to be prepared to be on the edge of risk.” Michael Eisner

 
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 30, 2011)
$17.38 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 (Sep 23, 2011)
Rs757.26bn
Inflation
CPI Gen. - YoY (Sep-11) 10.46%
   
CPI Gen. - FY11 (Jul 11- Sep 11) 11.47%
   
NFNE Core INFL - YoY (Sep 11) 10.60%
   
NFNE Core INFL -FY11 (Jul 11 - Aug 11) 9.80%

Money Market

 
Price
Change
03-Oct-11
04-Oct-11
bps
Pakistan Euro Bond Price Yield (Maturity 2016)
79.763
-0.57%
13.10%
13.26%
16.20
     
03-Oct-11
04-Oct-11
bps
Pakistan Credit Default Swap (CDS 5 year) (USD)    
1,149.13
1,217.75
68.62

KIBOR Rates (%)
1 month
3 month
6 month
1 Year
Bid
12.81
12.81
12.82
12.85
Offer
13.31
13.06
13.07
13.35

Inter Bank Money Market Rates (Last closing ) (%)
Overnight
1 Week
1-Month
3-Month
6-Month
1-Year
High  
13.40
13.40
13.00
13.10
13.00
13.00
Low  
13.40
13.30
12.80
12.90
12.70
12.55

Key Fx Rates
PKR/USD
PKR/EURO
PKR/JPY
PKR/GBP
PKR/AED
EURIBOR
LIBOR
Closing
88.30
117.15
1.17
136.42
24.20
1.76
0.57

T Bill Rates (%)
3 month
6 month
12 month
Avg.
12.75
12.75
12.75
Last Cut Off.
13.07
13.23
13.31
Bond Rates (%) Cut Off
Bid
Offer
Previous
Current
5-Y PIB
12.90
12.60
12.90
12.60
10 Y-PIB
12.65
12.60
12.65
12.60

10 Yr Govt bond (%)
Japan
Germany
US
UK
Australia
India
Brazil
Pakistan
Yield
0.99
1.73
1.82
2.25
4.05
8.54
0.0
12.60
Change bps
-1.00
-9.00
6.00
-10.00
0.00
0.70
0.00
0.00

Commodities

     
04-OCT-11
05-OCT-11
change
WTI (USD/bbl)    
76.36
77.85
1.95%
     
Brent (USD/bbl)    
100.70
99.02
-1.67%
     
Arab Light (USD/bbl)    
97.74
99.12
1.41%

Domestic
Current
Previous
Change
High Speed Diesel (litre)
94.15
92.64
1.63%
Furnace Oil (Rs/ton)
70,574.72
71,663.64
-1.52%
Cement (Rs. Bag Avg)
414.75
414.50
0.06%
Urea Fertilizer (Rs/bag)
1,595.42
1,602.50
-0.44%
Gold 24cr (Rs./10gm) Khi
46,708.67
47,648.92
-1.97%
Rice IRRI -6(Rs/100kg)
3,617.00
3,619.00
-0.06%
KCA Cotton (Rs/mound)
6,000.00
6,100.00
-1.64%
International
Current
Previous
Change
Coal Spot(USD/ton)
122.25
122.50
-0.20%
Gold Futures
1,623.95
1,658.32
-2.07%
Sugar 11 (USD/lb)
24.69
24.85
-0.64%
Steel (USD/ton)
725.22
727.10
-0.26%
Wheat (CBT) (USD/bu)
604.00
619.50
-2.50%
PTA (USD/ton)
1,215.00
1,270.00
-4.33%
Copper (USD/ton)
6,779.25
6,968.50
-2.72%

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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.