BasedLine

Date: 26-October-2011
KSE-100 Index
Previous Index 11,525.25
Current Index 11,517.29
Change % -0.07%
YTD (CY11) -4.20%
YTD (FY12) -7.83%
KSE-100 Index
Previous Index 21,436.77
Current Index 21,414.58
Change % -0.10%
YTD (CY11) 13.88%
YTD (FY12) 2.28%
International Indicators
 
Close
%age
BSE-30 17,254.90 1.86
HANGSENG 18,968.20 1.05
NIKKEI 225 8,762.31 -0.92
FTSE 5,525.54 -0.41
DJIA 11,706.60 -1.74
SSEC 2,409.67 1.66
NASDAQ 2,638.42 -2.26
 
Close
%age
TASI 6,155.18 0.37
KSE(Kuwait) 5,901.30 -0.29
BSE 1,144.38 -0.00
MSM 5,541.58 0.05
ADX 2,450.61 0.16
DFM 1,353.69 -0.45
QSE 8,452.46 -0.06
Capital Market Overview

Market watch: Bourse ends flat after gaining 100 points

The stock market closed flat on Tuesday after gaining over 100 points in early trade. The Karachi Stock Exchange’s (KSE) benchmark 100-share index fell marginally by 0.07 per cent or 7.96 points to end at 11,517.29 point level. more... (ET)

NAVs and Returns
as of October 25, 2011
Funds Offer Redemption
POGSF
B.C
B.C
YTD Return
n/a
POAIIF
B.C
B.C
YTD Return
n/a
POAAAF
48.70/-
47.48/-
YTD Return
-6.02%
POIAAF
54.61/-
53.24/-
YTD Return
1.89%
POAF
10.63/-
YTD Return
11.40%
Funds Rating
AMC
AM3
POAIIF
A+ (f)
POAF
AA-
POAAAF
3 Star
POIAAF
5 Star
  Aug -11 Sep-11
MoM (%)
AUM's (PKR bn) 225.15 223.19 -5.55%
No of AMCs 26 26 -
No of Funds 122 125 2.46
KSE Market Data
KSE Market Data
Capitalization
Volume
Traded Val.
KSE Return
 
(USD bn)
(Rs. bn)
(Sh. mn)
(Rs.bn)
(YTD)
KSE100
32.44
2,790
58.18
3.33
-4.20%
KSE30
6.56
565
38.73
2.98
-5.97%
KMI30
4.91
422
27.43
2.11
13.88%
KSE All
35.08
3,017
69.23
3.39
-4.35%
October 25 , 2011
GDR
GDR Closing
GDR (USD)
KSE(Rs)
LSE(Rs)
YTD Chg.
MCB
2.60
161.64
112.85
-18.90%
OGDC
15.60
133.05
125.87
-13.03%
UBL
2.00
56.48
43.41
-8.77%
LUCK
1.70
80.35
36.89
13.42%
October 25 , 2011
F.I.P.I.  
(USD 000)
Buy Value
Sell Value
Net Value
Foreign Individiual
10.16
-9.40
0.76
Foreign Corporates
20,040.58
-23,797.68
-3,757.10
Overseas Pakistani
184.65
-338.50
-153.84
Grand Total
20,235.39
-24,145.57
-3,910.18
F.I.P.I.
Foreign Investment              
Foreign Investors Portfolio Investment (FIPI USD mn)
CYTD
YoY Chg
MTD
Mom Chg.
21-Oct-11
25-Oct-11
Change
Gross Buy
605.59
-35.73%
55.22
59.78%
2.94
20.24
588.99%
Gross Sell
-696.81
28.63%
-130.79
306.66%
-1.89
-24.15
1178.41%
Net Buy/(Sell)
-92.34
-122.20%
-76.43
-3,172.47%
1.05
-3.91
-473.02%
S.C.R.A
Country
During the Period FY12TD
21-10-2011
Cumulative Inflow
Cumulative Outflow
Cumulative
Net flow
Inflow
Outflow
Net Flow
Equity
T-Bill
PIBs
Equity
T-Bill
PIBs
Equity
Equity
Hong Kong
4.23
-
-
7.55
-
-
-3.32
-
-
-
Luxembourg
10.41
-
-
30.44
-
-
-20.03
-
0.01
-0.01
Switzerland
10.88
0.24
-
20.10
0.53
-
-9.51
0.03
3.66
-3.60
UAE
1.73
0.52
-
3.01
4.18
-
-5.46
-
-
-
UK
18.35
0.16
-
51.99
0.29
-
-33.80
0.00
-
0.00
USA
66.88
-
-
108.28
-
0.85
-42.25
0.01
0.64
-0.63
Total
126.19
0.92
-
233.81
5.00
0.85
-113.09
0.08
4.31
-4.20
News Clippings
Economy

Relief pill: Petrol price likely to fall by 5%

Oil prices are expected to fall by up to five per cent in line with the decline in global crude prices effective from November 1. more... (ET)

Food exports surge 38.51 percent in three months

Exports of food group surged by 38.51 percent during the first quarter of the current fiscal year against the same period of last year. more... (BR)

New York oil price hits 2-month high

New York oil prices hit a two-month high Tuesday, while Brent crude slipped, as investors bet on a European debt solution and a pick-up in US petroleum demand. more... (N)

Japan, Korea keen to invest in Pakistan: OICCI

Japan and Korea are already investing in Pakistan’s domestic market, especially in the automotive, machinery sectors and chemical industry. more... (DT)

Company & Sector Update

Banks give yet another strong performance

The banking sector widely known as the money making machine in the market gave another strong performance as MCB Bank profits grew 24%, UBL grew 34% while Bank Alfalah bottom-line doubled. more... (ET)

Gas company proposes cut in supply to industries

Sui Northern Gas Pipelines Limited (SNGPL) has proposed a cut in gas supply to industries in Punjab in the winter season to ensure smooth supply to residential consumers as gas outages become necessary in the face of expected shortages, it is learnt. more... (ET)

Corporate results: Cement industry giants post solid gains

Top two cement companies DG Khan Cement and Lucky Cement announced swelling profits on the back of better higher prices and sales, showing signs that the sector is getting back on track after a torrid run in financial year 2011. more... (ET)

IMC posts record sales of 13,000 cars in Q1

Indus Motor Company (IMC) has posted record sales in the Q1 of 2011 with 13,000 cars against 12,160 cars in the corresponding period of 2010, the CEO of IMC, Parvez Ghias told newsmen here on Monday. more... (BR)

Political

PML-N ready to take other parties along: Shahbaz

As ‘natural’ allies have already expressed disappointment at its solo flight against the PPP government, the PML-N has shown its willingness to take along other political players in pursuit of dislodging President Asif Ali Zardari. more... (D)

Ahsan urges Firdous to stop playing politics

Pakistan Muslim League-Nawaz (PML-N) Information Secretary Ahsan Iqbal urged Dr Firdous Ashiq Awan to stop playing, and added that his party was also saddened over her Nusrat Bhutto’s demise. more... (N)

Nineteen MPs' membership restored

The Election Commission restored on Tuesday membership of 19 lawmakers, including six federal ministers, suspended for their failure to submit statements of assets and liabilities even three weeks after the last date specified for the purpose under the law. more... (D)

SC accepts nomination of members for commission on written-off loans

The Supreme Court on Tuesday accepted the reference regarding nomination of members for the commission on written off loans received from Justice (retd) Syed Jamshed Ali, former judge of the apex court. more... (DT)

GCC

Qatar growth likely to dive to 5.1 percent

Qatar anticipates a substantial drop in economic growth to 5.1 percent in 2012, down from a projected 15 percent for this year, due to receding hydrocarbon expansion, but planners said yesterday that slower growth should not be mistaken for a reversal of fortunes. more... (Zawya)

Oman-France trade co-operation discussed

Shaikh Saad bin Mohammed al Mardhouf al Saadi, Minister of Commerce and Industry, received yesterday a delegation representing French companies operating in different sectors. more.. .(Zawya)

Saudi nominal GDP leaps 26.1% in H1

A surge of nearly 37 per cent in crude prices catapulted Saudi Arabia's economy by nearly 26.1 per cent in current prices in the first half of 2011 while all sectors recorded growth, a local report showed on Wednesday. more... (Zawya)

Dubai Investments raises Dh700m to expand Emirates Float Glass

Dubai Investments, the Dubai Financial Market listed holding company that owns more than 40 companies with interests in manufacturing, real estate and financial services, said yesterday that it has completed raising Dh700 million from banks to fund the expansion of Emirates Float Glass. more... (Gulf News)

Quote of the Day:

“ You have to start with the truth. The truth is the only way that we can get anywhere. Because any decision-making that is based upon lies or ignorance can't lead to a good conclusion. ” Julian Assange

 
Economic Highlights
Economic Indicators
GDP Growth FY12E
4.20%
GDP -2011
$180 bn
Per Capita Income FY11
$1,250
Population
177.1mn
US$ Reserves (Oct 14, 2011)
$17.20 bn
Trade Balance ( July-Sep 11)
$-5.11bn
Curr. A/C (July 11- Sep 11)
$-1,209mn
Remittances (July 11- Sep 11)
$3.29bn
Foreign Investment (Jul 11-Sep 11)
$236.2mn
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) 11.50%
   
NFNE Core INFL - YoY (Sep 11) 10.60%
   
NFNE Core INFL -FY11 (Jul 11 - Sep 11) 8.60%

Money Market

 
Price
Change
24-Oct-11
25-Oct-11
bps
Pakistan Euro Bond Price Yield (Maturity 2016)
79.08
-0.14%
13.52%
13.57%
4.10
     
24-Oct-11
25-Oct-11
bps
Pakistan Credit Default Swap (CDS 5 year) (USD)    
1,064.35
1,037.82
-26.53

KIBOR Rates (%)
1 month
3 month
6 month
1 Year
Bid
11.38
11.61
11.66
11.73
Offer
11.88
11.86
11.91
12.23

Inter Bank Money Market Rates (Last closing ) (%)
Overnight
1 Week
1-Month
3-Month
6-Month
1-Year
High  
11.50
11.70
11.80
11.85
11.80
11.80
Low  
9.75
11.50
11.60
11.65
11.70
11.55

Key Fx Rates
PKR/USD
PKR/EURO
PKR/JPY
PKR/GBP
PKR/AED
EURIBOR
LIBOR
Closing
87.90
121.460
1.16
139.51
23.85
1.79
0.61

T Bill Rates (%)
3 month
6 month
12 month
Avg.
11.70
11.75
11.78
Last Cut Off.
11.87
11.92
11.94
Bond Rates (%) Cut Off
Bid
Offer
Previous
Current
5-Y PIB
12.10
12.03
12.10
12.03
10 Y-PIB
12.06
12.02
12.06
12.02

10 Yr Govt bond (%)
Japan
Germany
US
UK
Australia
India
Pakistan
Yield
1.00
2.06
2.12
2.51
4.38
8.76
12.02
Change bps
-2.00
-6.00
-10.00
-5.00
-13.00
-5.50
-2.00

Commodities

     
25-OCT-11
26-OCT-11
change
WTI (USD/bbl)    
91.82
93.17
1.47%
     
Brent (USD/bbl)    
111.31
111.28
-0.03%
     
Arab Light (USD/bbl)    
109.73
109.49
-0.22%

Domestic
Current
Previous
Change
High Speed Diesel (litre)
94.15
92.64
1.63%
Furnace Oil (Rs/ton)
69,111.64
70,574.72
-2.07%
Cement (Rs. Bag Avg)
417.18
413.57
0.87%
Urea Fertilizer (Rs/bag)
1,765.00
1,730.00
2.02%
Gold 24cr (Rs./10gm) Khi
50,343.70
48,783.75
3.20%
Rice IRRI -6(Rs/100kg)
3,071.00
3,327.00
-7.69%
KCA Cotton (Rs/mound)
5,750.00
5,900.00
-2.54%
International
Current
Previous
Change
Coal Spot(USD/ton)
118.80
120.15
-1.12%
Gold Futures
1,713.70
1,657.20
3.41%
Sugar 11 (USD/lb)
26.94
27.10
-0.59%
Steel (USD/ton)
663.07
655.94
1.09%
Wheat (CBT) (USD/bu)
636.25
642.50
-0.97%
PTA (USD/ton)
1,090.00
1,230.00
-11.38%
Copper (USD/ton)
7,521.50
7.629.50
-1.42%

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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.