BasedLine

Date: 15-November-2011
KSE-100 Index
Previous Index 12,038.93
Current Index 12,008.48
Change % -0.25%
YTD (CY11) -0.12%
YTD (FY12) -3.90%
KSE-100 Index
Previous Index 22,209.67
Current Index 22,273.95
Change % 0.29%
YTD (CY11) 18.45%
YTD (FY12) 6.39%
International Indicators
 
Close
%age
BSE-30 17,118.70 -0.43
HANGSENG 19,508.20 1.94
NIKKEI 225 8,603.70 1.05
FTSE 5,519.04. -0.47
DJIA 12,079.00 -0.61
SSEC 2,481.08 1.63
NASDAQ 2,657.22 -0.80
 
Close
%age
TASI 6,238.02 -0.31
KSE(Kuwait) 5,870.40 0.03
BSE 1,150.07 -0.36
MSM 5,559.20 -0.13
ADX 2,486.83 -0.22
DFM 1,387.81 -0.35
QSE 8,764.56 0.26
Capital Market Overview

Market Watch: Bourse gains in dull session

Equities dragged along the neutral line in another sluggish session as lack of participation by local institutions and thin foreign flows kept overall activity extremely dull on Monday.more... (ET)

NAVs and Returns
as of November 14, 2011
Funds Offer Redemption
POGSF
10.1254/-
10.1254/-
YTD Return
13.25%
POAIIF
52.4072/-
51.8831/-
YTD Return
14.46%
POAAAF
48.85/-
47.63/-
YTD Return
-5.72%
POIAAF
55.20/-
53.82/-
YTD Return
3.00%
POAF
10.69/-
YTD Return
11.26%
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
33.77
2,904
33.96
1.92
-0.12%
KSE30
6.86
590
15.97
1.67
-1.79%
KMI30
5.11
439
10.90
1.26
18.45%
KSE All
36.37
3,128
39.57
1.95
-0.66%
November 14 , 2011
GDR
GDR Closing
GDR (USD)
KSE(Rs)
LSE(Rs)
YTD Chg.
MCB
2.60
161.26
112.65
-19.09%
OGDC
14.50
155.11
125.64
1.39%
UBL
2.00
57.83
43.33
-6.59%
LUCK
1.70
83.02
36.83
17.19%
November 14 , 2011
F.I.P.I.  
(USD 000)
Buy Value
Sell Value
Net Value
Foreign Individiual
206.28
-32.07
174.21
Foreign Corporates
731.07
-2,057.37
-1,326.30
Overseas Pakistani
189.84
-195.98
-6.14
Grand Total
1,127.20
-2,285.42
-1,158.23
F.I.P.I.
Foreign Investment              
Foreign Investors Portfolio Investment (FIPI USD mn)
CYTD
YoY Chg
MTD
Mom Chg.
11-Nov-11
14-Nov-11
Change
Gross Buy
632.27
-37.91%
18.97
-71.17%
7.23
1.13
-84.41%
Gross Sell
-726.31
21.46%
-16.08
-63.98%
-4.60
-2.29
-50.33%
Net Buy/(Sell)
-95.19
-121.83%
2.92
-86.49%
2.63
-1.16
-144.06%
S.C.R.A
Country
During the Period FY12TD
04-11-2011
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
11.74
-
-
32.59
-
-
-20.85
0.89
1.63
-0.74
Switzerland
11.39
0.35
-
22.93
0.53
-
-11.71
0.47
1.25
-0.79
UAE
2.05
0.52
-
3.32
4.18
-
-5.46
0.06
0.32
-0.26
UK
21.08
0.16
-
75.02
0.29
-
-54.10
0.23
2.08
-1.85
USA
76.53
-
-
120.75
-
0.85
-45.07
5.21
6.41
-1.19
Total
159.56
1.03
-
284.31
5.00
0.85
-130.13
7.78
16.45
-8.67
News Clippings
Economy

Remittances rise 23% to $4.3 billion

Overseas Pakistani workers remitted $4.3 billion in the first four months (July-October) of current fiscal year 2011-12, showing an impressive growth of 23.24%. more... (ET)

IMF talks: Economic team leaves for Dubai

A delegation of economic managers, led by Finance Minister Dr Abdul Hafeez Shaikh, left on Monday for Dubai to attend the scheduled meeting with the International Monetary Fund (IMF) from November 16 to 19.. more... (ET)

Faltering NFC tax revenue targets

Despite all the feel-good impression of better tax collections given from time to time, Finance Minister Abdul Hafiz Shaikh has confessed before the parliament that the objective of the 7th National Finance Commission Award — 15 per cent tax-to-GDP ratio by 2014-15 — would remain a pipe dream. more... (D)

Notes in circulation fall

Loan and advances to export sector were Rs159.169 billion, lower by Rs20.256 billion, over previous week’s figure of Rs179.425 billion.more... (D)

Company & Sector Update

Cruise control: Automobile sales continue to drive upwards

Sales stood at 58,576 units in the first four months of fiscal 2012 compared with 47,143 units in the same period last year, according to data released by Pakistan Automotive Manufacturers Association on Monday . more... (ET)

OGDC discovers oil and gas at K-P field

Oil and Gas Development Company (OGDC) has discovered oil and gas at Nashpa-2 field in Karak district of Khyber-Pakhtunkhwa, according to a statement issued by the company on Monday. more... (ET)

No forced power outages in industrial areas

Lahore Electric Supply Company (Lesco) Chief Executive Sharafat Ali Sial has announced that forced power outages would come to an end for the entire industrial sector in Lahore on the demand of the industry. more... (ET)

Telecom sector's revenue generation slumps by 30% in first quarter

Telecommunication and broadband operators underwent a slump in the first quarter of the fiscal year 2011-12 when their revenue dropped by 30%, data provided from the State Bank of Pakistan revealed. more... (ET)

Political

Qureshi has written his ‘political obituary': PPP

Federal Minister for Information and Broadcasting Dr Firdaus Ashiq Awan said on Monday that by resigning as a member of the National Assembly and quitting the PPP, Shah Mehmood Qureshi had written his ‘political obituary’ and political wilderness was his destiny. more... (DT)

NAB initiates inquiry against corrupt Pakistan Railways officials

National Accountability Bureau (NAB) Chairman Adm (Retd) Fasih Bukhari on Monday ordered an inquiry against the officials of Pakistan Railways, who are presumably involved in a mega corruption scandal. more... (DT)

Hearing on plea for lifelong election ban on Nawaz Sharif postponed

Chief Justice Ijaz Ahmad Chaudhry of the Lahore High Court (LHC), on Monday, deferred hearing on a petition, filed 22 years ago, seeking a lifetime ban on PML-N chief and former prime minister Nawaz Sharif from taking part in elections. more... (DT)


Foolproof security to be ensured for Muharram: CM

Presiding over a high-level meeting held to review security arrangements for the upcoming month of Muharram, Punjab Chief Minister (CM) Shahbaz Sharif said that foolproof security arrangements needed to be made in order to maintain religious harmony and law and order during the holy month. more... (DT)

GCC

Ford to invest $53m in Jebel Ali parts centre

Ford is investing $53 million (Dh194.6 million) in a new Middle East Parts Distribution Centre (PDC), the company's largest single investment in the region to date and its most significant service initiative ever in the Middle East .more... (Gulf News)

Long-term global slowdown forecast.

The global economic slowdown is set to continue in the long term, according to a report by the Organisation for Economic Cooperation and Development (OECD). more... (Gulf News)

Omantel third-quarter net profit advances 25%

However, third-quarter profit rose 25 per cent to RO28mn from RO22.4mn last year. Infrastructure investment, including new undersea cables, saw expenditure rise from RO224mn in 2010 to RO244mn in the nine-month period. more... (Zawya)

Dana Gas Reports Strong Profit Growth for Third Quarter 2011

Revenue from the sale of hydrocarbons increased to AED 645 million, with gross profit of AED 315 million. These figures represent increases of 58% and 76% respectively, compared to the same period last year. more... (Zawya)

Quote of the Day:

“ We can achieve anything in life - the only limiting factors are in our own thoughts.”Thabo J

 
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- Oct 11)
$4.30bn
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
14-Nov-11
11-Nov-11
bps
Pakistan Euro Bond Price Yield (Maturity 2016)
80.38
-0.06%
13.16%
13.14%
2.00
     
14-Nov-11
11-Nov-11
bps
Pakistan Credit Default Swap (CDS 5 year) (USD)    
1,001.54
996.47
5.07

KIBOR Rates (%)
1 month
3 month
6 month
1 Year
Bid
11.55
11.61
11.66
11.74
Offer
12.05
11.86
11.91
12.24

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  
11.25
11.70
11.75
11.70
11.70
11.50

Key Fx Rates
PKR/USD
PKR/EURO
PKR/JPY
PKR/GBP
PKR/AED
EURIBOR
LIBOR
Closing
86.70
118.93
1.13
138.77
23.65
1.69
0.66

T Bill Rates (%)
3 month
6 month
12 month
Avg.
11.72
11.75
11.86
Last Cut Off.
11.78
11.81
11.88
Bond Rates (%) Cut Off
Bid
Offer
Previous
Current
5-Y PIB
12.40
12.35
12.27
12.19
10 Y-PIB
12.20
12.18
12.18
12.24

10 Yr Govt bond (%)
Japan
Germany
US
UK
Australia
India
Pakistan
Yield
0.97
1.78
2.05
2.18
4.09
8.97
12.18
Change bps
-1.00
-11.00
-8.00
-11.00
-10.00
2.40
0.00

Commodities

     
11-Nov-11
14-Nov-11
change
WTI (USD/bbl)    
99.20
98.28
-0.93%
     
Brent (USD/bbl)    
114.58
112.41
-1.89%
     
Arab Light (USD/bbl)    
114.17
113.19
0.86%

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)
418.25
417.63
0.15%
Urea Fertilizer (Rs/bag)
1,809.50
1,789.50
1.12%
Gold 24cr (Rs./10gm) Khi
50,861.40
51,341.39
1.52%
Rice IRRI -6(Rs/100kg)
3,101.00
3,205.00
-3.24%
KCA Cotton (Rs/mound)
5,450.00
5,550.00
-3.48%
International
Current
Previous
Change
Coal Spot(USD/ton)
114.85
115.90
-0.91%
Gold Futures
1,793.80
1,766.20
1.56%
Sugar 11 (USD/lb)
24.75
25.00
-1.00%
Steel (USD/ton)
669.01
667.36
0.25
Wheat (CBT) (USD/bu)
638.25
643.00
-0.74%
PTA (USD/ton)
1,095.00
1,140.00
-3.95%
Copper (USD/ton)
7,739.00
7,608.00
1.72%

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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.