BasedLine

Date: 06-January-2012
KSE-100 Index
Previous Index 11,361.97
Current Index 11,187.88
Change % -1.53%
YTD (CY11) -1.41%
YTD (FY12) -10.47%
KSE-100 Index
Previous Index 20,415.13
Current Index 20,117.40
Change % -1.46%
YTD (CY11) -0.10%
YTD (FY12) -3.91%
International Indicators
 
Close
%age
BSE-30 15,857.10 -0.16
HANGSENG 18,813.40 0.46
NIKKEI 225 8,488.71 -0.83
FTSE 5,624.26 -0.78
DJIA 12,415.70 -0.02
SSEC 2,169.39 -1.36
NASDAQ 2,669.86 0.81
 
Close
%age
TASI 6,407.87 -0.09
KSE(Kuwait) 5,726.90 -0.47
BSE 1,137.72 0.14
MSM 5,732.54 0.33
ADX 2,398.76 -0.74
DFM 1,348.80 0.16
QSE 8,885.98 -0.07
Capital Market Overview

Market Watch: Stocks fall as investors opt to book profits

The stock market plummeted on Monday as the few investors who participated in the trading session opted to book profits.The Karachi Stock Exchange’s (KSE) benchmark 100-share index fell 1.53 per cent or 174.09 points to end at the 11,187.88 point level. more... (ET)

NAVs and Returns
as of January 05, 2012
Funds Offer Redemption
POGSF
10.2509/-
10.2509/-
YTD Return
11.80%
POAIIF
53.1543/-
52.6228/-
YTD Return
13.28%
POAAAF
45.97/-
44.82/-
YTD Return
-11.28%
POIAAF
53.41/-
52.07/-
YTD Return
-0.34%
POAF
10.86/-
YTD Return
11.19%
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
39.85
3,427
39.14
2.12
-1.41%
KSE30
6.15
529
17.58
1.32
0.27%
KMI30
4.51
388
11.06
0.94
-0.10%
KSE All
34.30
2,950
46.13
2.16
0.15%
January 05 , 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 05 , 2012
F.I.P.I.  
(USD 000)
Buy Value
Sell Value
Net Value
Foreign Individiual
27.61
-25.64
1.97
Foreign Corporates
495.98
-2,288.51
-1,792.52
Overseas Pakistani
185.95
-160.88
25.08
Grand Total
709.55
-2,475.02
-1,765.47
F.I.P.I.
Foreign Investment              
Foreign Investors Portfolio Investment (FIPI USD mn)
CYTD
YoY Chg
MTD
Mom Chg.
04-Jan-12
05-Jan-12
Change
Gross Buy
3.60
-63.07%
3.60
-63.07%
2.26
0.71
-68.60%
Gross Sell
-10.33
72.73%
-10.33
72.73%
-4.42
-2.48
-44.00%
Net Buy/(Sell)
-6.58
-270.62%
-6.58
-270.62%
-2.16
-1.77
-18.27%
S.C.R.A
Country
During the Period FY12TD
05-01-2012
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

Forex reserves rise to $16.92 billion

Foreign exchange reserves rose to $16.92 billion in the week ending December 30, compared with $16.77 billion the previous week, the central bank said on Thursday. more... (ET)

China Three Gorges launches 50 MW wind farm in Jhimpir, Thatta

Chinese hydropower developer China Three Gorges Corporation (CTG) has begun construction work on a 49.5MW wind farm at Jhimpir, Thatta in Sindh province at cost of $130 million. Goldwind will supply 33 GW77-1500 direct-drive permanent-magnet turbines made for areas with a temperature range of -20 to 45 degrees Celsius and with a sealed, dust-proof design.more... (DT)

Fiscal deficit to remain under target range of 4.7 percent

Senate Standing Committee on Finance, Economic Affairs and Revenues was informed Thursday major economic indicators were showing improvement and the fiscal deficit would remain under projected target of 4.7 percent of the Gross Domestic Product (GDP). more... (DT)

Indonesia seeking to enhance trade with Khyber-Pakhtunkhwa

Indonesian businessmen have been seeking opportunities to enhance trade with Khyber-Pakhtunkhwa in light of the province’s natural resources, business opportunities and skilled manpower, said Ambassador of the Republic of Indonesia, Ishak Latuconsina, during his visit to the Khyber-Pakhtunkhwa Chamber of Commerce and Industry (KPCCI) on Thursday..more... (ET)

Company & Sector Update

Electricity consumers brace for high bills

Consumers of Pakistan Electric Power Company (Pepco) should prepare themselves for higher billing as power generation now mostly depends on thermal plants especially after the closure of canals, says a top Pepco official. more... (ET)

Search for oil and gas resources remains on the down low


Circular debt and challenged security situation particularly in Khyber-Pakhtunkhwa and Balochistan continued to affect on the sector’s exploration programme while some carry-over wells were also completed, said Topline Securities analyst Nauman Khan in a research note.more... (ET)

PIA gets $100m Islamic financing

The facility was arranged by Abu Dhabi Islamic Bank, Al Hilal Bank, Citibank N.A., and United Bank Limited as mandated lead arrangers and joint book runners. Warba Bank in Kuwait has joined as lead arranger. Citibank N.A. is also performing the role of the account bank and security trustee.more... (D)

OGRA yet to import LNG to meet demand


The Oil and Gas Regulatory Authority (OGRA) has yet to import Liquefied Natural Gas (LNG) to meet the immediate demand of the country. Federal Minister for Petroleum Dr Asim Hussain said OGRA did not come under Ministry of Petroleum and the short-term measures to meet energy crisis were to import LNG. more... (DT)

Political

ANP, Muttahida activists killed in district west

Two local leaders of the Awami National Party and two activists of the Muttahida Qaumi Movement were gunned down in district west of the city within a span of a few hours on Thursday night, police and party sources said. more... (D)

Pagara taken to London by air ambulance

Pakistan Muslim League (Functional) chief Pir Pagara was taken to London on Thursday by a special air ambulance, along with his physician and family members, for treatment of his infected lungs. .more... (D)

Debate on new provinces sets off political firestorm

Flaring tempers, dramatic walkouts, fresh alignments and chaos prevailed in the National Assembly on Thursday, triggered by a demand to hold a parliamentary debate on the creation of new provinces. more... (ET)

Closed Swiss cases cannot be revived, even if Pakistan asks for it’

Cases against President Asif Ali Zardari cannot be reopened in Swiss court, even if Pakistani authorities write a letter to the Swiss authorities, concerned quarters said while talking to The Express Tribune.more... (ET)

GCC

Kuwait, Sinopec closer to secure deal in China's refinery JV

The project with Asia's top refiner Sinopec, potentially to be the largest Sino-foreign joint venture in China, involves a 300,000 barrel-per-day refinery and a one million-ton-a-year ethylene plant in Guangdong Province. Kuwait will be the sole supplier of crude oil to the world-class integrated complex, to be located on Donghai Island in the southern coastal city of Zhanjiang.more... (Zawya News)

DEWA launches SAP - Wave II for planning resources

This project is made up of several programs, most important of which is SAP, whose Wave II includes four key projects: BARQ for new connections and handling technical complaints, MAWAD for procurement, DARAHIM for Finance and Accounts, and KAWADER for Human Resources, " said Engineer Marwan bin Haider, CIO and VP-IT Division at dewa. more...(Zawya News)

DGCX achieves record growth for trade contracts.

Dubai Gold and Commodities Exchange (DGCX) said, it has registered 110 per cent growth in volumes of contracts last year to 4,044,138 from 2010, the highest ever annual volume achieved by the Exchange since inception. more...(Gulf News)

32 things to do this Dubai Shopping Festival


Dubai Shopping Festival — the month-long shopping and entertainment event — is back with a bag full of attractions. Gulf News takes a look at the offerings. There are so many things you could do, but we have listed 32 attractions for the 32 days of the event.more... (Gulf News)

Quote of the Day:

"We are what we repeatedly do. Excellence, therefore, is not an act but a habit."Aristotle

 
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 30, 2011)
$16.92 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 (Dec 23, 2011)
Rs783.33bn
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
05-Dec-11
04-Dec-11
bps
Pakistan Euro Bond Price Yield (Maturity 2016)
77.47
0.03%
14.42%
14.42%
0.40
     
05-Dec-11
05-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
11.44
11.63
11.68
11.78
Offer
11.94
11.88
11.93
12.28

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

     
05-Jan-12
06-Jan-12
change
WTI (USD/bbl)    
102.90
101.38
-1.48%
     
Brent (USD/bbl)    
113.05
112.28
-0.68%
     
Arab Light (USD/bbl)    
113.71
112.74
-0.85%

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
46,798.66
46,648.67
0.32%
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
1,624.80
1,617.30
0.46%
Sugar 11 (USD/lb)
23.13
24.42
-5.28%
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.