BasedLine

Date: 11-November-2011
KSE-100 Index
Previous Index 11,957.30
Current Index 11,969.05
Change % 0.10%
YTD (CY11) -0.44%
YTD (FY12) -4.22%
KSE-100 Index
Previous Index 21,103.04
Current Index 22,076.09
Change % -0.12%
YTD (CY11) 17.40%
YTD (FY12) 5.44%
International Indicators
 
Close
%age
BSE-30 Closed -
HANGSENG 18,963.90 -5.25
NIKKEI 225 8,500.80 2.91
FTSE 5,444.82 0.28
DJIA 11,893.90 0.96
SSEC 2,503.84 -0.23
NASDAQ 2,625.15 0.13
 
Close
%age
TASI 6,215.67 0.98
KSE(Kuwait) 5,910.20 -0.11
BSE 1,154.20 -0.44
MSM 5,573.10 0.31
ADX 2,477.84 -0.22
DFM 1,382.72 -0.53
QSE 8,704.92 0.86
Capital Market Overview

Market Watch: Regional peers keeps bourse under pressure

After a five-day break, the bourse index remained under pressure throughout the day owing to a sell-off in international markets. more... (ET)

NAVs and Returns
as of November 10, 2011
Funds Offer Redemption
POGSF
10.1151/-
10.1151/-
YTD Return
13.39%
POAIIF
52.3506/-
51.8271/-
YTD Return
14.59%
POAAAF
48.82/-
47.60/-
YTD Return
-5.78%
POIAAF
55.03/-
53.65/-
YTD Return
2.68%
POAF
10.69/-
YTD Return
11.62%
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
33.65
2,894
43.89
3.23
-0.44%
KSE30
6.81
586
32.22
3.06
-2.48%
KMI30
5.06
435
16.00
1.89
17.40%
KSE All
36.27
3,119
48.73
3.26
-0.93%
November 10 , 2011
GDR
GDR Closing
GDR (USD)
KSE(Rs)
LSE(Rs)
YTD Chg.
MCB
2.60
160.41
112.36
0.93%
OGDC
14.50
154.62
125.32
-34.98%
UBL
2.00
56.03
43.22
0.93%
LUCK
1.70
82.15
36.73
0.93%
November 10 , 2011
F.I.P.I.  
(USD 000)
Buy Value
Sell Value
Net Value
Foreign Individiual
106.67
-14.49
92.18
Foreign Corporates
6,949.00
-4410.05
2,538.95
Overseas Pakistani
173.99
-176.28
-2.29
Grand Total
7,229.66
-4600.81
2,628.84
F.I.P.I.
Foreign Investment              
Foreign Investors Portfolio Investment (FIPI USD mn)
CYTD
YoY Chg
MTD
Mom Chg.
04-Nov-11
10-Nov-11
Change
Gross Buy
627.68
-38.05%
14.38
-76.32%
2.26
7.23
219.47%
Gross Sell
-720.09
20.79%
-9.87
-76.96%
-1.34
-4.60
243.79%
Net Buy/(Sell)
-93.54
-121.62%
4.57
-75.08%
0.92
2.63
184.28%
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
4.27
-
-
8.67
-
-
-4.40
0.04
1.12
-1.08
Luxembourg
11.39
-
-
32.56
-
-
-21.16
0.54
1.60
-1.06
Switzerland
11.39
0.35
-
22.83
0.53
-
-11.61
0.47
1.15
-0.68
UAE
2.05
0.52
-
3.04
4.18
-
-5.18
0.06
0.03
0.03
UK
21.08
0.16
-
74.59
0.29
-
-53.68
0.23
1.65
-1.42
USA
75.65
-
-
118.04
-
0.85
-43.24
4.33
3.70
0.63
Total
157.97
1.03
-
280.73
5.00
0.85
-128.14
6.19
12.87
-6.68
News Clippings
Economy


October data: Exports fall, imports rise

Pakistan’s exports dropped 2.2 per cent in October compared to the same month last year while imports jumped 12.9 per cent, figures released by the Trade Development Authority of Pakistan (TDAP) show. more... (ET)

Govt borrowing from SBP and banks surges to Rs 262.7bn

The government borrowing from central bank and scheduled banks have seen on the rise for meeting its expenses, swelling to Rs 262.7 billion in the recent days, the State Bank of Pakistan (SBP) reported. more... (DT)

APTMA urges Bangladesh not to object to GPS plus status to Pakistan

All Pakistan Textile Mills Association (APTMA) said objections raised by Bangladesh on GSP plus status given to Pakistan by the European Union (EU) are unfounded as Pakistan would never be a threat to Bangladesh apparel industry in international market.more... (DT)

Govt drills 131 oil, gas wells in last 5 years

To increase local production of oil and gas, the government has drilled 131 exploratory wells in different parts of the country during last five years.more... (DT)

Company & Sector Update

Sialkot industries aim to boost exports to $2.5b

Uninterrupted supply of power and gas and a special package of incentives for small and medium enterprises (SMEs) could be helpful in doubling Sialkot exports from existing $1.25 billion, industrialists say . more... (ET)

Petroleum Policy 2011: Consumers to pay billions more as gas price expected to rise

The petroleum ministry’s plan to revise licences of oil and gas exploration companies with a 60 per cent increase in wellhead gas prices under the new petroleum policy for 2011, will force consumers to pay additional billions of rupees. more... (ET)

Private sector to run Shalimar Express train

Pakistan Railways has decided to restore Shalimar Express train service between Karachi and Lahore from January next year through private sector.more... (N)

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

Russia has announced a grant of $500 million for reviving the financially troubled Pakistan Steel Mills and also shown willingness to finance $500 million for a 1,000 megawatt regional electricity transmission project. more... (ET)

Political

Shah Mehmood Qureshi to join PTI ranks on Nov 27

Former foreign minister and Pakistan Peoples Party stalwart Shah Mehmood Qureshi, who was believed to be in a fix over whether to join the Pakistan Muslim League Nawaz (PML-N) or the Pakistan Tehreek-i-Insaf (PTI) . more... (ET)

Responding to opposition: PM tasked with hitting back at PML-N

As pressure continues on the government from the Pakistan Muslim League-Nawaz (PML-N), President Asif Ali Zardari and Prime Minister Yousaf Raza Gilani differ on how to tackle the opposition’s criticism. more... (ET)

Pakistan, India seek new era in ties

Prime Minister Yousuf Raza Gilani and his Indian counterpart Manmohan Singh met for about an hour, prior to the opening of the 17th summit of the South Asian Association for Regional Cooperation. more... (D)


President gives one week to complete projects in Sindh

President Asif Ali Zardari on Thursday directed that infrastructure projects related to irrigation and roads approved by the Sindh government be finalised by the Planning Commission in one week and the work completed within one year.more... (DT)

GCC

Emission tax will harm global economy — IATA.

A top global aviation industry official lambasted governments for using airlines as a tool to collect more taxes, as tensions rise over the European carbon emission tax .more... (Gulf News)

Gulf central banks may face trouble with loose policies

In April this year, with the economy growing at an annual clip of at least 15 per cent, Qatar's central bank cut key interest rates by at least half a percentage point. more... (Gulf News)

Oil mixed as Italy casts pall over markets

World oil prices diverged on Thursday as persistent doubts over the eurozone's debt crisis, and in particular the plight of Italy, cast a pall over markets. more... (Zawya)

Qatar Ready To Provide More Finance To Egypt - Report

In an interview with the Egyptian daily Al Akhbar, Sheikh Hamad reiterated that, in addition to the loans and bond issues, Qatar is ready to invest as much as $10 billion in the Egyptian economy. "We are still committed to that," he said
. more... (Zawya)

Quote of the Day:

“Do not follow where the path may lead. Go instead where there is no path and leave a trail.”Harold R. McAlindon

 
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
10-Nov-11
09-Nov-11
bps
Pakistan Euro Bond Price Yield (Maturity 2016)
80.43
0.04%
13.14%
13.15%
-0.90
     
10-Nov-11
09-Nov-11
bps
Pakistan Credit Default Swap (CDS 5 year) (USD)    
1,001.15
994.85
6.30

KIBOR Rates (%)
1 month
3 month
6 month
1 Year
Bid
11.54
11.61
11.66
11.73
Offer
12.04
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  
11.90
11.85
11.85
11.80
11.85
11.75
Low  
11.90
11.75
11.75
11.70
11.70
11.50

Key Fx Rates
PKR/USD
PKR/EURO
PKR/JPY
PKR/GBP
PKR/AED
EURIBOR
LIBOR
Closing
86.47
116.34
1.12
137.00
23.60
1.69
0.65

T Bill Rates (%)
3 month
6 month
12 month
Avg.
11.70
11.72
11.85
Last Cut Off.
11.78
11.81
11.88
Bond Rates (%) Cut Off
Bid
Offer
Previous
Current
5-Y PIB
12.29
12.26
12.25
12.19
10 Y-PIB
12.18
12.16
12.15
12.24

10 Yr Govt bond (%)
Japan
Germany
US
UK
Australia
India
Pakistan
Yield
0.97
1.78
2.06
2.23
4.13
8.91
12.16
Change bps
-2.00
-13.00
0.00
16.00
-17.00
11.50
1.00

Commodities

     
09-Nov-11
10-Nov-11
change
WTI (USD/bbl)    
95.83
98.17
2.66%
     
Brent (USD/bbl)    
112.27
113.47
1.08%
     
Arab Light (USD/bbl)    
111.54
112.79
1.12%

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
51,341.39
51,415.96
-0.15%
Rice IRRI -6(Rs/100kg)
3,205.00
3,112.00
2.99%
KCA Cotton (Rs/mound)
5,450.00
5,550.00
-3.48%
International
Current
Previous
Change
Coal Spot(USD/ton)
115.90
116.45
-0.47%
Gold Futures
1,766.20
1,768.00
-0.10%
Sugar 11 (USD/lb)
25.39
25.36
-0.24%
Steel (USD/ton)
667.15
667.36
-0.03%
Wheat (CBT) (USD/bu)
620.00
643.50
-3.58%
PTA (USD/ton)
1,095.00
1,140.00
-3.95%
Copper (USD/ton)
7,457.25
7,608.00
-1.98%

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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.