BasedLine

Date: 30-March-2012
KSE-100 Index
Previous Index 13,575.41
Current Index 13,559.10
Change % -0.12%
YTD (CY11) 19.49%
YTD (FY12) 8.51%
KSE-100 Index
Previous Index 23,213.86
Current Index 23,189.41
Change % -0.11%
YTD (CY11) 15.15%
YTD (FY12) 10.76%
International Indicators
 
Close
%age
BSE-30 17,058.60 -0.37
HANGSENG 20,609.40 -1.32
NIKKEI 225 10,114.80 -0.67
FTSE 5,742.03 -1.15
DJIA 13,145.80 0.15
SSEC 2,284.88 -2.65
NASDAQ 3,095.36 -0.31
 
Close
%age
TASI 7,782.84 0.20
KSE(Kuwait) 6,165.00 -0.35
BSE 1,152.45 0.18
MSM 5,690.07 -0.53
ADX 2,533.00 -0.54
DFM 1,648.87 -2.04
QSE 8,790.73 0.01
Capital Market Overview

Market Watch: Stock market braces after two days of positivity

The stock market steadied itself near four-year-high levels on Thursday; volumes shrunk to more modest levels from the previous day and profit taking was witnessed in some sectors.The Karachi Stock Exchange’s (KSE) benchmark 100-share index lost 0.12% or 16.31 points to end at the 13,559.10 point level. more... (ET)

NAVs and Returns
as of March 29, 2012
Funds Offer Redemption
POGSF
10.2371/-
10.2371/-
YTD Return
10.92%
POAIIF
52.8871/-
52.3582/-
YTD Return
11.83%
POAAAF
51.43/-
50.14/-
YTD Return
-0.75%
POIAAF
58.35/-
56.89/-
YTD Return
8.88%
POAF
11.18/-
YTD Return
11.49%
Funds Rating
AMC
AM3
POAIIF
A+ (f)
POAF
AA-
POAAAF
3 Star
POIAAF
5 Star
  Feb-12 Jan-12
MoM (%)
AUM's (PKR bn) 334.07 320.29 4.30%
No of AMCs 24 24 -
No of Funds 124 124 -
KSE Market Data
KSE Market Data
Capitalization
Volume
Traded Val.
KSE Return
 
(USD bn)
(Rs. bn)
(Sh. mn)
(Rs.bn)
(YTD)
KSE100
36.93
3,176
173.43
5.09
19.49%
KSE30
7.33
631
76.32
3.97
17.28%
KMI30
5.05
434
40.14
2.25
15.15%
KSE All
40.44
3,478
344.58
6.34
21.05%
March 29 , 2012
GDR
GDR Closing
GDR (USD)
KSE(Rs)
LSE(Rs)
YTD Chg.
MCB
2.60
174.42
118.01
-12.48%
OGDC
16.50
164.03
149.79
7.22%
UBL
2.00
75.29
45.39
21.61%
LUCK
1.70
108.05
38.58
52.53%
March 29 , 2012
F.I.P.I.  
(USD 000)
Buy Value
Sell Value
Net Value
Foreign Individiual
14.05
-47.19
-33.15
Foreign Corporates
6,218.20
-3,771.66
2,446.54
Overseas Pakistani
617.38
-603.59
13.79
Grand Total
6,849.63
-4,422.45
2,427.18
F.I.P.I.
Foreign Investment              
Foreign Investors Portfolio Investment (FIPI USD mn)
CYTD
YoY Chg
MTD
Mom Chg.
28-Mar-12
29-Mar-12
Change
Gross Buy
193.75
-20.11%
73.17
12.56%
2.54
6.85
169.62%
Gross Sell
-168.28
-12.98%
-55.60
-32.93%
-3.19
-4.42
38.70%
Net Buy/(Sell)
24.90
-50.48%
17.18
-193.79%
-0.65
2.43
-474.50%
S.C.R.A
Country
During the Period FY12TD
29-03-2012
Cumulative Inflow
Cumulative Outflow
Cumulative
Net flow
Inflow
Outflow
Net Flow
Equity
T-Bill
PIBs
Equity
T-Bill
PIBs
Equity
Equity
Hong Kong
9.43
-
-
14.93
-
-
-5.49
-
-
-
Luxembourg
29.66
-
-
33.00
-
-
-27.17
0.31
-
0.31
Switzerland
28.44
0.81
-
30.66
1.27
-
-2.68
-
-
-
UAE
7.14
0.52
-
3.79
4.46
-
-1.12
0.08
-
0.08
UK
46.55
0.16
-
124.63
0.29
3.47
-81.70
0.21
0.89
-0.68
USA
150.75
-
-
231.45
-
19.06
-99.76
0.15
0.10
0.05
Total
321.87
4.17
-
497.22
8.71
29.22
-209.64
0.75
1.26
-0.51
News Clippings
Economy

Forex reserves rise to $16.44bn

Pakistan’s foreign exchange reserves rose to $16.44 billion in the week ended on March 23, from $16.39 billion in the previous week, the central bank said on Thursday. more... (ET)

Food exports register increase in July-February 2011-12

The food exports from the country witnessed nominal increase of 0.59 percent during the first eight months of current fiscal year 2011-12 as compared to the exports of the same period of last year. more... (DT)

Monetary policy on April 13

Pakistan’s central bank is due to announce its monetary policy for the subsequent two months on Apr. 13, Syed Wasimuddin, chief spokesman of the State Bank of Pakistan, said on Thursday. . more... (N)

Crime monitor: Banknote forgery most widely reported crime

The State Bank of Pakistan had promised that a new set of banknotes was designed in order to prevent counterfeit. However, this has not deterred those determined to proliferate fake copies, as evidenced by a 44% increase in First Information Reports (FIRs) against the discovery of counterfeit monies in the month of January. more... (ET)

Company & Sector Update

Rental power plants: SC to announce reserved verdict today

The Supreme Court will announce its reserved judgment in the rental power plant case on Friday (today), according to a press release issued by the apex court. more... (ET)

Textile mills to promote cleaner technologies

The All Pakistan Textile Mills Association (Aptma) in cooperation with German International Cooperation (GIZ) has established Sustainable Production Centre to promote cleaner production technologies and energy efficiency among member mills. more... (ET)

Cement sales likely to hit record high this month

Cement manufacturers have expressed the hope that domestic cement consumption will reach a record high at around 2.5 million tons this month, but at the same time they complain about thin margins for the industry. more... (ET)

Ogra wants POL prices unchanged for a month

March 29: Estimating an 8.2 per cent increase under the price formula, the Oil and Gas Regulatory Authority (Ogra) has advised the government to keep prices of petroleum products unchanged for next month to comply with a decision of the special parliamentary committee, which warned of unrest if prices are raised. more... (D)

Political

I met Gen Kayani five times after Salala episode: Dempsey

US Chairman of the Joint Chiefs of Staff General Martin E Dempsey says he is pleased with the recent meetings between US and Pakistani military leaders. more... (ET)

Name of PM’s son figures in chemical import case

The Supreme Court turned down on Thursday a request by the Anti-Narcotics Force (ANF) for withdrawal of a case against the import of a proscribed chemical — a scandal that allegedly involves the prime minister’s younger son, Ali Musa Gilani. more... (D)

Syed Rashid Shah nominated as president PML-F Sindh

Syed Rashid Shah Rashidi has been nominated as provincial president of Pakistan Muslim League Functional (PML-F), Sindh. According to a statement issued on Thursday by General Secretary PML-F Sindh Imtiaz Ahmed Sheikh, PML-F president Pir Sadruddin Shah Rashidi has nominated Syed Rashid Shah as provincial president of PML-F. more... (DT)

US drone strike kills four militants in Pakistan: officials

A US drone launched a missile attack on a militant compound in Pakistan’s northwestern tribal region near the Afghan border early Friday, killing four insurgents, security officials said. more... (D)

GCC

DP World's 2011 profit climbs 23%

DP World on Thursday said its full year profit attributable to shareholders for 2011 grew 23 per cent to $459 million (Dh1.7 billion) compared to $374 million in 2010, fuelled by the improvement in global container volumes and a continued focus on emerging markets. more... (Gulf News)

Saudi Seeks To Attract Investment Worth SAR200B To Aseer

The Saudi government is seeking to attract local and foreign capital to investment opportunities worth more than 200 billion Saudi riyals ($53.33 billion) in the Aseer region in southwestern Saudi Arabia, pan-Arab daily Asharq Al Awsat reports Thursday citing an official. more... (Zawya)

Oil prices higher in Asian trade

SINGAPORE, Mar 30, 2012 (AFP) - Crude rebounded in Asian trade Friday after the United States said no decision had been made on tapping strategic oil reserves, analysts said.more. (Zawya)

Tepco requests $12b of public funds to avert looming collapse

Tokyo Electric Power Co requested one trillion yen (Dh44 billion, $12 billion) of public funds to avert collapse, paving the way for the government to take control of what once was the world's biggest private utility. more... (Gulf News)

Quote of the Day:

" Success is often achieved by those who don’t know that failure is inevitable."Coco Chanel





 
Economic Highlights
Economic Indicators
GDP Growth FY12E
3.60%
GDP -2011
$180 bn
Per Capita Income FY11
$1,254
Population
178.09mn
US$ Reserves (Mar 02, 2012)
$16.34 bn
Trade Balance ( July-Feb 12)
$-14.60bn
Curr. A/C (July 11-Feb 12)
$-2.95bn
Remittances (July 11- Feb 12)
$8.59bn
Foreign Investment (Jul 11-Feb 12)
$430.20mn
All Sch. Banks Deposit Base (Mar 02, 2012)
Rs824.99bn
Inflation
CPI Gen. - YoY (Feb-12) 11.1%
   
CPI Gen. - FY12 (Jul 11- Feb 12) 10.8%
   
NFNE Core INFL - YoY (Feb 12) 10.6%
   
NFNE Core INFL -FY12(Jul 11 - Feb 12) 10.3%

Money Market

 
Price
Change
29-Mar-12
28-Mar-12
bps
Pakistan Euro Bond Price Yield (Maturity 2016)
83.696
-0.07%
12.42%
12.40%
1.60
     
29-Mar-12
28-Mar-12
bps
Pakistan Credit Default Swap (CDS 5 year) (USD)    
856.33
841.33
15.00

KIBOR Rates (%)
1 month
3 month
6 month
1 Year
Bid
11.54
11.66
11.72
11.81
Offer
12.04
11.91
11.97
12.31

Inter Bank Money Market Rates (Last closing ) (%)
Overnight
1 Week
1-Month
3-Month
6-Month
1-Year
High  
11.90
11.90
11.80
11.75
11.90
11.95
Low  
11.50
11.75
11.65
11.65
11.75
11.85

Key Fx Rates
PKR/USD
PKR/EURO
PKR/JPY
PKR/GBP
PKR/AED
EURIBOR
LIBOR
Closing
90.03
120.45
1.12
144.01
24.80
1.10
0.74

T Bill Rates (%)
3 month
6 month
12 month
Avg.
11.82
11.91
11.98
Last Cut Off.
11.87
11.94
11.94
Bond Rates (%) Cut Off
Bid
Offer
Previous
Current
5-Y PIB
13.00
12.95
12.95
12.94
10 Y-PIB
13.30
13.24
13.25
13.20

10 Yr Govt bond (%)
Japan
Germany
US
UK
Australia
India
Pakistan
Yield
1.00
1.81
2.17
2.20
3.98
8.50
13.24
Change bps
-1.00
-2.00
-3.00
-1.00
-4.00
-11.70
0.00

Commodities

     
29-Mar-12
30-Mar-12
change
WTI (USD/bbl)    
105.36
103.36
-1.90%
     
Brent (USD/bbl)    
124.08
122.71
-1.10%
     
Arab Light (USD/bbl)    
123.39
121.59
-1.46%

Domestic
Current
Previous
Change
High Speed Diesel (litre)
103.46
98.82
4.70%
Furnace Oil (Rs/ton)
83,023.52
82,228.92
0.97%
Cement (Rs. Bag Avg)
428.25
425.88
0.56%
Urea Fertilizer (Rs/bag)
1,788.75
1,795.83
-0.39%
Gold 24cr (Rs./10gm) Khi
49,061.46
49,027.17
0.07%
Rice IRRI -6(Rs/100kg)
3,577.00
3,600.00
-0.64%
KCA Cotton (Rs/mound)
5,300.00
5,250.00
0.95%
International
Current
Previous
Change
Coal Spot(USD/ton)
104.40
104.90
-0.48%
Gold Futures(USD/oz)
1,662.90
1,662.10
0.05%
Sugar 11 (USD/lb)
24.60
24.26
1.40%
Steel (USD/ton)
691.93
689.94
0.29%
Wheat (CBT) (USD/bu)
639.75
659.50
-2.99%
PTA (USD/ton)
1,150.00
1,160.00
-0.86%
Copper (USD/ton)
8,563.50
8,573.50
-0.12%

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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.