BasedLine

Date: 10-November-2011
KSE-100 Index
Previous Index 11,807.46
Current Index 11,957.30
Change % 1.27%
YTD (CY11) -0.54%
YTD (FY12) -4.31%
KSE-100 Index
Previous Index 21,841.28
Current Index 22,103.04
Change % 1.20%
YTD (CY11) 17.54%
YTD (FY12) 5.57%
International Indicators
 
Close
%age
BSE-30 17,362.10 -1.18
HANGSENG 20,014.43 1.70
NIKKEI 225 8,755.44 1.15
FTSE 5,460.40 -1.92
DJIA 11,780.94 -3.19
SSEC 2,503.84 -0.23
NASDAQ 2,621.65 -3.88
 
Close
%age
TASI 6,215.67 0.98
KSE(Kuwait) 5,910.20 -0.11
BSE 1,159.25 0.36
MSM 5,573.10 0.31
ADX 2,483.29 0.04
DFM 1,390.07 0.48
QSE 8,704.92 0.86
Capital Market Overview

Market Watch: Bourse gets into festivity mood

The Karachi stock exchange seemed to get into the festive mood on Friday ahead of Eid holidays as all top 15 traded shares closed in the positive territory and only 24% stocks closed in the red. more... (ET)

NAVs and Returns
as of November 04, 2011
Funds Offer Redemption
POGSF
10.1034/-
10.1034/-
YTD Return
13.78%
POAIIF
52.2679/-
51.7452/-
YTD Return
14.82
POAAAF
48.92/-
47.70/-
YTD Return
-5.58%
POIAAF
55.12/-
53.74/-
YTD Return
2.85%
POAF
10.67/-
YTD Return
11.65%
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
33.63
2,892
47.31
3.42
-0.54%
KSE30
6.80
585
31.41
3.21
-2.55%
KMI30
5.07
436
18.69
2.20
17.54%
KSE All
36.24
3,117
55.89
3.48
-1.02%
November 03 , 2011
GDR
GDR Closing
GDR (USD)
KSE(Rs)
LSE(Rs)
YTD Chg.
MCB
2.60
155.77
111.94
0.56%
OGDC
14.50
153.61
124.86
-35.22%
UBL
2.00
55.78
43.06
0.56%
LUCK
1.70
82.46
36.60
0.56%
November 04 , 2011
F.I.P.I.  
(USD 000)
Buy Value
Sell Value
Net Value
Foreign Individiual
105.22
-8.17
97.05
Foreign Corporates
2,014.15
-921.01
1,093.14
Overseas Pakistani
143.62
-409.08
-265.46
Grand Total
2,262.98
-1,338.26
924.73
F.I.P.I.
Foreign Investment              
Foreign Investors Portfolio Investment (FIPI USD mn)
CYTD
YoY Chg
MTD
Mom Chg.
03-Nov-11
04-Nov-11
Change
Gross Buy
620.62
-35.82%
7.32
-49.44%
0.99
2.26
128.62%
Gross Sell
-715.60
28.15%
-5.37
5.98%
-0.87
-1.34
53.85%
Net Buy/(Sell)
-96.14
-122.67%
1.97
-79.55%
0.12
0.92
670.63%
S.C.R.A
Country
During the Period FY12TD
03-11-2011
Cumulative Inflow
Cumulative Outflow
Cumulative
Net flow
Inflow
Outflow
Net Flow
Equity
T-Bill
PIBs
Equity
T-Bill
PIBs
Equity
Equity
Hong Kong
4.24
-
-
8.60
-
-
-4.36
0.01
1.06
-1.04
Luxembourg
11.39
-
-
32.39
-
-
-21.00
0.54
1.43
-0.89
Switzerland
11.39
0.35
-
22.47
0.53
-
-11.25
0.47
0.79
-0.32
UAE
2.05
0.52
-
3.04
4.18
-
-5.18
0.06
0.03
-0.03
UK
21.08
0.16
-
73.69
0.29
-
-52.77
0.23
0.75
-0.52
USA
75.34
-
-
117.52
-
0.85
-43.03
4.02
3.17
0.85
Total
157.62
1.03
-
278.09
5.00
0.85
-125.85
5.84
10.23
-4.39
News Clippings
Economy


Pakistan, IMF discuss real challenges to economy

The International Monetary Fund (IMF) on Wednesday started reviewing the state of Pakistan’s economy under mandatory assessment in a bid to determine real challenges, including a weakening external financial position more... (ET)

UNISAME for remedial steps to save country from economic setback

The Union of Small and Medium Enterprises (UNISAME) has invited the attention of Prime Minister Syed Yousuf Raza Gilani to economic challenges faced by the country and take immediate steps to save the nation from the worsening situation. more... (BR)

Pakistan economy watch: ‘Privatise Railways to improve performance’

Deterioration of Pakistan Railways is a threat to trade which should be tackled immediately, according to the Pakistan Economy Watch (PEW).more... (ET)

Hide sales likely to fall 10 per cent

Supply of hides of sacrificial animals is expected to decline this year as well following a sharp rise in prices of animals and shrinking purchasing power at Eidul Azha, tanners and meat merchants say more... (ET)

Company & Sector Update

Helping hand: Russia pledges $1 billion for steel and electricity

Federal Secretary for Industries and Production Javed Awan told Express News that the announcement for the mill – which was established by the Russians 30 years ago in Karachi . more... (ET)

Textile exporters may fail to deliver this Christmas

The textile industry fears that an opportunity to make $2 billion in Christmas orders may go a begging as deliveries are not expected to be completed on time due to the chronic energy crisis. more... (ET)

Oil, gas pipeline projects to open employment, resolve energy problems: Dr Asim

Federal Minister for Petroleum Dr Asim Hussain on Tuesday said that implementation and completion of oil and gas pipeline projects in this region would open job opportunities and resolve energy problems in Pakistan.more... (BR)

Toyota sees net profit tumble, with holds forecast

Japan's biggest automaker Toyota on Tuesday said first half net profit tumbled 71.8 percent from a year earlier due to the impact of the March earthquake and tsunami on production . more... (BR)

Political

Mullah Omar has never been in Pakistan, says Musharraf

Pervez Musharraf, Pakistan's former president, has said that the Afghan Taliban leader Mullah Omar is not and has "never been in Pakistan". Musharraf also vehemently denied the existence of the Quetta Shura. more... (N)

Pakistan, India say ties improving ahead of summit

The foreign ministers of India and Pakistan said Wednesday that trust between their countries had improved, providing the foundation for a renewed push at their troubled peace process. more... (BR)

Next round of talks to open 'new chapter': Gilani

The prime ministers of India and Pakistan said on Thursday that their next round of talks should further improve ties between the two countries. more... (ET)

Shahbaz turns red on assets query

Enraged Chief Minister Shahbaz Sharif on Wednesday warned the media to refrain from asking provocative questions.more... (D)

GCC

UAE increases oil production to cover Libyan shutdown

The UAE's oil output rose 0.8 per cent to 2.55 million barrels per day (bpd) in September compared to August, latest data from the Paris-based International Energy Agency (IEA) shows.more... (Gulf News)

UAE auto sector looks to end year on high note

It has been a tale of two quarters for the UAE's automotive sector this year, currently experiencing the highest volume growth in the Gulf markets. But the script has not necessarily followed a straight line.. more... (Gulf News)

FSA hands out biggest ever abuse fine

A Dubai-based investor has been fined $9.6m for manipulating the closing price of Reliance Industries securities to avoid losses on a structured product more... (Zawya)

Al Futtaim to recall nearly 2,000 Toyotas

Al Futtaim Motors, the distributors of Toyota and Lexus vehicles in the UAE, on Wednesday said it is recalling nearly 2,000 vehicles of both the brands manufactured in 2004 due to a technical fault. more... (Zawya)

Quote of the Day:

“The desire of knowledge, like the thirst for riches, increases ever with the acquisition of it”Laurence Sterne

 
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 21, 2011)
$17.21 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 (Oct-11) 11.0%
   
CPI Gen. - FY11 (Jul 11- Oct 11) 11.3%
   
NFNE Core INFL - YoY (Oct 11) 10.5%
   
NFNE Core INFL -FY11 (Jul 11 - Oct 11) 10.2%

Money Market

 
Price
Change
04-Nov-11
03-Nov-11
bps
Pakistan Euro Bond Price Yield (Maturity 2016)
80.42
0.74%
13.12%
13.33%
-20.60
     
09-Nov-11
08-Nov-11
bps
Pakistan Credit Default Swap (CDS 5 year) (USD)    
944.85
949.77
45.08

KIBOR Rates (%)
1 month
3 month
6 month
1 Year
Bid
11.53
11.60
11.65
11.73
Offer
12.03
11.85
11.90
12.23

Inter Bank Money Market Rates (Last closing ) (%)
Overnight
1 Week
1-Month
3-Month
6-Month
1-Year
High  
11.90
11.80
11.85
11.80
11.85
11.75
Low  
11.90
11.60
11.75
11.70
11.70
11.50

Key Fx Rates
PKR/USD
PKR/EURO
PKR/JPY
PKR/GBP
PKR/AED
EURIBOR
LIBOR
Closing
86.13
117.62
1.11
136.58
23.55
1.70
0.63

T Bill Rates (%)
3 month
6 month
12 month
Avg.
11.70
11.70
11.85
Last Cut Off.
11.78
11.81
11.88
Bond Rates (%) Cut Off
Bid
Offer
Previous
Current
5-Y PIB
12.28
12.25
12.03
12.19
10 Y-PIB
12.10
12.15
12.13
12.24

10 Yr Govt bond (%)
Japan
Germany
US
UK
Australia
India
Pakistan
Yield
0.99
1.91
2.06
2.07
4.30
8.79
12.15
Change bps
0.00
0.00
0.00
0.00
0.00
-10.80
2.00

Commodities

     
08-Nov-11
09-Nov-11
change
WTI (USD/bbl)    
92.83
95.83
3.23%
     
Brent (USD/bbl)    
107.77
112.27
4.17%
     
Arab Light (USD/bbl)    
110.00
111.54
1.40%

Domestic
Current
Previous
Change
High Speed Diesel (litre)
94.15
92.64
1.63%
Furnace Oil (Rs/ton)
71,680.64
69,111.64
3.72%
Cement (Rs. Bag Avg)
417.18
413.57
0.87%
Urea Fertilizer (Rs/bag)
1,789.50
1,782.50
0.39%
Gold 24cr (Rs./10gm) Khi
51,415.96
52,155.65
1.60%
Rice IRRI -6(Rs/100kg)
3,112.00
3,113.00
-0.03%
KCA Cotton (Rs/mound)
5,450.00
5,550.00
-3.48%
International
Current
Previous
Change
Coal Spot(USD/ton)
116.45
118.80
-1.98%
Gold Futures
1,768.00
1,788.00
-1.12%
Sugar 11 (USD/lb)
25.42
25.36
-0.24%
Steel (USD/ton)
664.29
665.23
-0.14%
Wheat (CBT) (USD/bu)
636.00
623.50
2.00%
PTA (USD/ton)
1,140.00
1,090.00
4.95%
Copper (USD/ton)
7,901.75
7,870.00
0.40%

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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.