BasedLine

Date: 05-January-2012
KSE-100 Index
Previous Index 11,402.04
Current Index 11,361.97
Change % -0.35%
YTD (CY11) 0.13%
YTD (FY12) -9.08%
KSE-100 Index
Previous Index 20,454.03
Current Index 20,415.13
Change % -0.19%
YTD (CY11) 1.38%
YTD (FY12) -2.49%
International Indicators
 
Close
%age
BSE-30 15,882.60 -0.36
HANGSENG 18,727.30 -0.80
NIKKEI 225 8,560.11 1.24
FTSE 5,668.45 -0.55
DJIA 12,418.40 0.17
SSEC 2,199.42 1.18
NASDAQ 2,648.36 -0.01
 
Close
%age
TASI 6,407.87 -0.09
KSE(Kuwait) 5,754.20 -0.46
BSE 1,136.08 0.13
MSM 5,713.68 -0.14
ADX 2,416.61 0.30
DFM 1,346.60 -0.29
QSE 8,891.80 0.13
Capital Market Overview

Market Watch: Bourse falls in dull session

The stock market failed to carry its preceding day positive momentum on Wednesday due to reports of foreign selling in blue chips.The Karachi Stock Exchange’s (KSE) benchmark 100-share index fell 0.35 per cent or 40.07 points to end at the 11,361.97 point level. more... (ET)

NAVs and Returns
as of January 04, 2012
Funds Offer Redemption
POGSF
10.2465/-
10.2465/-
YTD Return
11.77%
POAIIF
53.1416/-
52.6102/-
YTD Return
13.30%
POAAAF
46.32/-
45.16/-
YTD Return
-10.61%
POIAAF
53.70/-
52.36/-
YTD Return
0.21%
POAF
10.86/-
YTD Return
11.20%
Funds Rating
AMC
AM3
POAIIF
A+ (f)
POAF
AA-
POAAAF
3 Star
POIAAF
5 Star
  Nov-11 Oct-11
MoM (%)
AUM's (PKR bn) 279.54 266.79 4.78%
No of AMCs 26 26 -
No of Funds 128 128 -
KSE Market Data
KSE Market Data
Capitalization
Volume
Traded Val.
KSE Return
 
(USD bn)
(Rs. bn)
(Sh. mn)
(Rs.bn)
(YTD)
KSE100
31.74
2,729
39.98
2.12
0.13%
KSE30
6.24
537
29.37
2.03
1.77%
KMI30
4.58
394
20.72
1.44
1.38%
KSE All
34.30
2,950
46.13
2.16
0.15%
January 04 , 2012
GDR
GDR Closing
GDR (USD)
KSE(Rs)
LSE(Rs)
YTD Chg.
MCB
2.60
145.50
116.77
-26.99%
OGDC
16.00
146.37
143.71
-4.33%
UBL
2.00
53.90
44.91
-12.94%
LUCK
1.70
78.28
38.17
10.50%
January 04 , 2012
F.I.P.I.  
(USD 000)
Buy Value
Sell Value
Net Value
Foreign Individiual
25.04
-36.77
-11.73
Foreign Corporates
2,119.61
-4,274.09
-2,154.48
Overseas Pakistani
114.16
-110.95
3.21
Grand Total
2,258.81
-4,421.81
-2,163.00
F.I.P.I.
Foreign Investment              
Foreign Investors Portfolio Investment (FIPI USD mn)
CYTD
YoY Chg
MTD
Mom Chg.
03-Jan-12
04-Jan-12
Change
Gross Buy
2.91
-43.93%
2.91
-43.93%
0.53
2.26
325.85%
Gross Sell
-7.92
127.28%
-7.92
127.28%
-1.90
-4.42
132.50%
Net Buy/(Sell)
-4.90
-380.62%
-4.90
-380.62%
-1.37
-2.16
57.72%
S.C.R.A
Country
During the Period FY12TD
04-01-2012
Cumulative Inflow
Cumulative Outflow
Cumulative
Net flow
Inflow
Outflow
Net Flow
Equity
T-Bill
PIBs
Equity
T-Bill
PIBs
Equity
Equity
Hong Kong
4.67
-
-
11.71
-
-
-7.04
0.04
-
-0.04
Luxembourg
14.40
-
-
33.00
-
-
-33.75
-
0.19
-0.19
Switzerland
18.73
0.35
-
28.00
0.53
-
-9.45
-
0.88
-0.88
UAE
2.61
0.52
-
3.44
4.18
-
-5.02
-
-
-
UK
22.67
0.16
-
92.69
0.29
3.47
-73.64
-
0.62
-0.62
USA
103.90
-
-
175.53
-
19.06
-90.68
0.00
0.83
-0.82
Total
201.43
1.03
-
385.09
5.00
29.22
-217.38
0.04
2.53
-2.49
News Clippings
Economy

Sri Lanka to take trade with Pakistan to $1b

Sri Lankan High Commissioner Air Chief Marshal (retd) Jayalath Weerakoddy has invited Pakistani businessmen to take part in an international exhibition to be held in Sri Lanka in March, as it will offer unique trade and investment opportunities to foreign businessmen. more... (ET)

New agriculture project on the cards

The United States Agency for International Development (USAID) has said that, in collaboration with the Agribusiness Support Fund (ASF), it is launching a new five-year project aimed at increasing competitiveness and productivity of horticulture and livestock in Pakistan.more... (ET)

Sugar industry approaches govt to lift export ban

While terming Economic Coordination Committee (ECC) decision of sugar purchase from local mills as best deal, sugar industry has approached the federal government for lifting the ban on the export of sugar and requested for allowing export of 0.4 million tonnes of sugar. more... (DT)

SBP governor urges banks to help develop SME sector

The Governor, State Bank of Pakistan, Yaseen Anwar has stressed upon the banks to develop an effective SME strategy by focusing on important areas for the sustainable growth of SME sector.more... (DT)

Company & Sector Update

Alternative energy: Consumers increasingly opt for solar power

The demand for solar panels has increased considerably, thanks to extensive power and gas outages and high tariffs that have not only hurt industrial activities but have also disturbed the monthly household budgets. more... (ET)

Tender: PSO to pay more for petrol purchase


State-owned Pakistan State Oil is tipped to buy 210,000 tons of petrol at premiums higher than its last purchase for February and March delivery, a source said Wednesday, platts.com reported..more... (ET)

Low wheat yield expected this year: CM

Chief Minister Syed Qaim Ali Shah has said that there is a possibility of lesser wheat yield this year in comparison to the last year’s production and, as such, a strategy should be evolved to achieve the wheat procurement target. more... (D)

Pakistan to import 200,000 T of urea from S.Arabia


The Trading Corporation of Pakistan (TCP) signed an agreement with the Saudi Arabia Basic Industries Corporation (SABIC) on Wednesday for the supply of approximately 200,000 tonnes of urea fertilizer to Pakistan. more... (D)

Political

Mocking press conference: PPP’s top cadre served contempt notices


Taking action against the ‘contemptuous’ press conference which categorically rejected a Supreme Court decision in the Memogate case, the apex court on Wednesday issued contempt of court notices to Babar Awan and four other Pakistan People’s Party (PPP) leaders, including two sitting ministers. more... (ET)

Haqqani set to challenge Memogate commission’s constitution

On one hand, the judicial commission constituted by the Supreme Court to probe Memogate formally served notices to all respondents in the case on Wednesday – while, on the other, one of the protagonists of the controversy is set to challenge the constitution of the body .more... (ET)

Notices issued to Zardari and Nawaz

The judicial commission investigating the memo issue has issued notices to President Asif Ali Zardari, Chief of the Army Staff Gen Ashfaq Parvez Kayani, PML-N chief Nawaz Sharif and others more... (D)

Sherry Rehman likely to meet Obama on 17th

In a rare goodwill gesture, US President Barack Obama has agreed to receive Pakistan`s ambassador-designate Sherry Rehman at the White House on Jan 17, days after her arrival, and the State Department has said the United States wants to restore a `full counter-terrorism relationship` with Pakistan.more... (D)

GCC

Iran currency market in turmoil

Iran's currency market was in turmoil Wednesday as the central bank tried to impose an exchange rate on dollar sales to shore up its beleaguered rial but some traders refused to sell at that rate.more... (Zawya News)

Plans to develop five fishing harbours on the anvil

Oman government is planning to develop or expand five fishing harbours in a move to help fishermen in different areas.These fishing harbours are coming up at Barka, Al Musanna, Dibba and Al Ashkharah with a total cost of RO14 million. more...(Zawya News)

Gulf Petrochem to invest in Fujairah

Gulf Petrochem Group will invest $136.4 million (Dh500.89 million) to develop a 412,000 cubic metre storage terminal project in Fujairah in which Fujairah Petroleum Company (FPC) has signed an agreement with Gulf Petrochem to buy a 12 per cent stake, a senior executive of Gulf Petrochem said yesterday. more...(Gulf News)

Arabtec wins Dh561m expansion contract


Arabtec Construction has secured a Dh561 million contract from Dubai Aviation City Corporation (DACC) to carry out expansion related work at Dubai International Airport, the construction arm of Arabtec Holding — the UAE's largest construction company — said yesterday in a statement posted on the Dubai Financial Market (DFM) website.more... (Gulf News)

Quote of the Day:

"Failures do what is tension relieving, while winners do what is goal achieving."Dennis Waitley

 
Economic Highlights
Economic Indicators
GDP Growth FY12E
4.20%
GDP -2011
$180 bn
Per Capita Income FY11
$1,254
Population
178.09mn
US$ Reserves (Dec 19, 2011)
$16.69 bn
Trade Balance ( July-Nov 11)
$-9.07bn
Curr. A/C (July 11- Nov 11)
$-2.10bn
Remittances (July 11- Nov 11)
$5.24bn
Foreign Investment (Jul 11-Nov 11)
$5.23bn
All Sch. Banks Deposit Base (Nov 04, 2011)
Rs785.68bn
Inflation
CPI Gen. - YoY (Dec-11) 9.7%
   
CPI Gen. - FY11 (Jul 11- Dec 11) 10.9%
   
NFNE Core INFL - YoY (Dec 11) 10.1%
   
NFNE Core INFL -FY11 (Jul 11 - Dec 11) 10.2%

Money Market

 
Price
Change
04-Dec-11
03-Dec-11
bps
Pakistan Euro Bond Price Yield (Maturity 2016)
77.47
0.03%
14.42%
14.42%
0.40
     
04-Dec-11
03-Dec-11
bps
Pakistan Credit Default Swap (CDS 5 year) (USD)    
990.50
984.18
6.32

KIBOR Rates (%)
1 month
3 month
6 month
1 Year
Bid
11.41
11.64
11.68
11.80
Offer
11.91
11.89
11.93
12.30

Inter Bank Money Market Rates (Last closing ) (%)
Overnight
1 Week
1-Month
3-Month
6-Month
1-Year
High  
9.10
11.30
11.65
11.75
11.80
11.90
Low  
9.00
11.00
11.50
11.60
11.65
11.75

Key Fx Rates
PKR/USD
PKR/EURO
PKR/JPY
PKR/GBP
PKR/AED
EURIBOR
LIBOR
Closing
90.5
117.79
1.19
141.41
24.63
1.59
0.81

T Bill Rates (%)
3 month
6 month
12 month
Avg.
11.65
11.80
11.90
Last Cut Off.
11.83
11.67
11.90
Bond Rates (%) Cut Off
Bid
Offer
Previous
Current
5-Y PIB
12.70
12.65
12.65
12.70
10 Y-PIB
12.64
12.62
12.66
12.70

10 Yr Govt bond (%)
Japan
Germany
US
UK
Australia
India
Pakistan
Yield
0.99
1.92
1.97
2.05
3.78
8.36
12.62
Change bps
0.00
2.00
2.00
2.00
0.00
0.70
-4.00

Commodities

     
04-Jan-12
05-Jan-12
change
WTI (USD/bbl)    
100.80
102.90
2.1%
     
Brent (USD/bbl)    
111.94
113.05
0.99%
     
Arab Light (USD/bbl)    
114.93
113.71
-1.06%

Domestic
Current
Previous
Change
High Speed Diesel (litre)
98.82
94.15
4.96%
Furnace Oil (Rs/ton)
76,090.20
74,020.76
2.80%
Cement (Rs. Bag Avg)
421.25
420.71
0.13%
Urea Fertilizer (Rs/bag)
1,706.67
1,681.67
1.49%
Gold 24cr (Rs./10gm) Khi
46,648.67
46,134.40
1.11%
Rice IRRI -6(Rs/100kg)
2,931.00
2,948.00
-1.31%
KCA Cotton (Rs/mound)
5,400.00
5,350.00
0.93%
International
Current
Previous
Change
Coal Spot(USD/ton)
108.95
109.55
-0.55%
Gold Futures
1,617.30
1,598.70
1.16%
Sugar 11 (USD/lb)
24.42
24.51
-0.37%
Steel (USD/ton)
668.25
667.68
0.09%
Wheat (CBT) (USD/bu)
651.25
622.00
4.70%
PTA (USD/ton)
1,100.00
1,090.00
0.92%
Copper (USD/ton)
7,590.00
7,413.75
2.38%

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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.