BasedLine

Date: 24-April-2012
KSE-100 Index
Previous Index 13,936.48
Current Index 14,083.44
Change % 1.05%
YTD (CY11) 24.11%
YTD (FY12) 12.70%
KSE-100 Index
Previous Index 24,118.81
Current Index 24,382.23
Change % 1.09%
YTD (CY11) 21.08%
YTD (FY12) 16.46%
International Indicators
 
Close
%age
BSE-30 17,096.70 -1.60
HANGSENG 20,624.40 -1.84
NIKKEI 225 9,542.17 -0.20
FTSE 5,665.57 -1.85
DJIA 12,927.20 -0.78
SSEC 2,355.17 -1.40
NASDAQ 2,970.45 -1.00
 
Close
%age
TASI 7,525.17 -0.74
KSE(Kuwait) 6,326.60 0.38
BSE 1,151.26 -0.47
MSM 5,958.68 -0.19
ADX 2,499.35 0.14
DFM 1,640.55 -0.58
QSE 8,693.43 -0.11
Capital Market Overview

Market Watch: Stock market breaches key 14,000 points barrier; index at 4-year high

Bullish sentiments trumped uncertainty at the stock market on Monday, as the day saw the index close above the 14,000 point psychological barrier for the first time since May 16, 2008. The barrier had been tested sporadically last week – the index touched 14,000 points during intra-day trade last Friday. more... (ET)

NAVs and Returns
as of April 23, 2012
Funds Offer Redemption
POGSF
10.3010/-
10.3010/-
YTD Return
10.75%
POAIIF
53.1865/-
52.6546/-
YTD Return
11.52%
POAAAF
54.40/-
53.04/-
YTD Return
4.99%
POIAAF
61.68/-
60.14/-
YTD Return
15.10%
POAF
11.24/-
YTD Return
11.10%
Funds Rating
AMC
AM3
POAIIF
A+ (f)
POAF
AA-
POAAAF
3 Star
POIAAF
5 Star
  Mar-12 Feb-12
MoM (%)
AUM's (PKR bn) 330.78 360.15 -8.15%
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
38.60
3,320
149.97
4.84
24.11%
KSE30
7.59
653
72.17
3.55
21.49%
KMI30
5.54
476
35.80
2.30
21.08%
KSE All
41.83
3,597
213.34
5.37
25.99%
April 23 , 2012
GDR
GDR Closing
GDR (USD)
KSE(Rs)
LSE(Rs)
YTD Chg.
MCB
2.60
174.28
117.94
-12.55%
OGDC
16.35
163.68
148.33
6.99%
UBL
2.00
82.39
45.36
33.08%
LUCK
1.70
137.64
38.56
94.30%
April 23 , 2012
F.I.P.I.  
(USD 000)
Buy Value
Sell Value
Net Value
Foreign Individiual
178.11
-52.96
125.15
Foreign Corporates
567.11
-242.94
324.18
Overseas Pakistani
746.20
-704.74
41.46
Grand Total
1,491.43
-1,000.64
490.79
F.I.P.I.
Foreign Investment              
Foreign Investors Portfolio Investment (FIPI USD mn)
CYTD
YoY Chg
MTD
Mom Chg.
20-April-12
23-April-12
Change
Gross Buy
258.19
-13.04%
61.71
-0.55%
8.74
1.49
-82.94%
Gross Sell
-232.21
-4.05%
-52.22
14.71%
-4.75
-1.00
78.95%
Net Buy/(Sell)
25.40
-54.77%
9.27
-42.59%
3.99
0.49
-87.69%
S.C.R.A
Country
During the Period FY12TD
20-04-2012
Cumulative Inflow
Cumulative Outflow
Cumulative
Net flow
Inflow
Outflow
Net Flow
Equity
T-Bill
PIBs
Equity
T-Bill
PIBs
Equity
Equity
Hong Kong
11.17
-
-
15.59
-
-
-4.42
-
-
-
Luxembourg
30.12
-
-
33.00
-
-
-28.36
0.22
0.01
0.21
Switzerland
30.67
0.91
-
33.70
1.27
-
-3.40
0.84
-
0.84
UAE
7.43
0.52
-
3.89
4.46
-
-0.93
-
-
-
UK
57.52
18.13
-
136.64
0.29
3.47
-64.81
1.65
1.82
-0.19
USA
162.60
-
-
253.56
-
19.06
-110.01
0.24
0.09
0.15
Total
356.94
22.24
-
550.89
8.71
29.22
-210.19
3.10
2.05
1.03
News Clippings
Economy

1,000MW wind power projects: Sindh govt assures AEDB of allocating land for projects

The Sindh government has assured the Alternative Energy Development Board (AEDB) to allocate land for wind power projects to generate 1,000 megawatts (MW) electricity. more... (DT)

Outflows surpass inflows of FDI

For the first time the repatriation of profit by foreign companies surpassed the inflow of foreign direct investment (FDI) during the first nine months of this financial year. more... (D)

ADB, US to invest in dam construction, renovation

Finance Minister Dr Hafeez Shaikh has affirmed that the Asian Development Bank and the United States will invest in the Diamer-Bhasha Dam project in Pakistan. more... (ET)

3 Pak companies win Muslim Excellence Award in Turkey

Izhar Construction, Pharma Health Pakistan and Model Steel earned laurels for the country by winning prestigious Muslim Excellence and Competitiveness Corporations Awards (MECC Awards) at a prestigious ceremony held in Istanbul. more... (DT)

Company & Sector Update

PSO earns Rs8.97bn

Pakistan State Oil posted a profit-after-tax of Rs8.97 billion for the first nine months (July-March) of 2011-12 as compared to Rs9.26 billion in the same period of 2010-11. more..(D)

Makers offer urea at half price

Local fertiliser manufacturers have urged the government not to spend millions of dollars on import of urea when it can procure the commodity locally at almost half of international price. more... (D)

Toyota, Diahatsu production increases

Combined sales of Toyota and Daihatsu brands during the third quarter ended on March 31 stood at 15,002 units as compared to Rs15,084 units. Production increased by 4.7 per cent to 15,677 units as against 14,969 units. more... (D)

Corporate results: Indus Motor profits jump on regular price hikes

Indus Motor Company profits surged 79% in the current financial year as the car assembler used regular price hikes not only to protect profit margins but also increase them. more... (ET)

Political

President urges joint strategy to defeat target killings

President Asif Ali Zardari on Monday has said that if the three political parties, the PPP, MQM and the ANP, join hands in Karachi, there was no reason why they could not confront and defeat the menace of lawlessness and the targeted killings in the metropolis. more... (BR)

SC cannot interfere in memo panel’s proceedings: CJP

Chief Justice of Pakistan Iftikhar Muhammad Chaudhry on Monday told Husain Haqqani’s counsel that the Supreme Court could not interfere in the proceedings of the judicial commission investigating the memo scandal. more... (DT)

Resetting ties with US: Govt to finalise review ahead of Grossman’s visit

The country’s highest forum for defence policy consultation and coordination, the Defence Committee of the Cabinet (DCC), will have yet another session this week to fine-tune its strategy for upcoming talks with the United States. more... (ET)

Not afraid of judiciary: Gilani

Prime Minister Syed Yusuf Raza Gilani on Monday made it clear that he has no fear of the judiciary. Speaking informally to the reporters after attending the ceremony on ‘National Book Day’ the primer dispelled the impression that he has any fear of the judiciary that it could sent him behind the bars. more... (TFD)

GCC

Dubai realty deals worth Dh12bn

Nearly 974 property transactions close to Dh2 billion were registered in Dubai Marina during the first quarter 2012, Dubai Land Department ( DLD ) data reveals. more... (Zawya)

Haj Ministry to finalize operation plan by June

The Ministry of Haj is working on its operations plan for the next Haj season and focuses on providing complete services to the guests of God, a spokesman of the ministry said yesterday. more... (Zawya)

New Emaar projects in Dubai this year

Emaar Properties on Monday declared 10 per cent cash dividend, equivalent to about Dh609 million, at the 14th Annual General Meeting held in Dubai. more. (Zawya)

13 UAE companies among Top 2000 global firms

Thirteen UAE companies have made it to Forbes' Global 2000 list this year, ranking among the biggest and most powerful public listed companies in the world. more... (Zawya)

Quote of the Day:

"Life grants nothing to us mortals without hard work." Horace




 
Economic Highlights
Economic Indicators
GDP Growth FY12E
3.60%
GDP -2011
$180 bn
Per Capita Income FY11
$1,254
Population
178.09mn
US$ Reserves (Apr 06, 2012)
$16.52 bn
Trade Balance ( July-Mar 12)
$-16.09bn
Curr. A/C (July 11-Mar 12)
$-3.08bn
Remittances (July 11- Mar 12)
$9.73n
Foreign Investment (Jul 11-Mar 12)
$466.50mn
All Sch. Banks Deposit Base (Mar 02, 2012)
Rs824.99bn
Inflation
CPI Gen. - YoY (Mar-12) 10.8%
   
CPI Gen. - FY12 (Jul 11- Mar 12) 10.8%
   
NFNE Core INFL - YoY (Mar 12) 10.9%
   
NFNE Core INFL -FY12(Jul 11 - Mar 12) 10.4%

Money Market

 
Price
Change
23-Apr-12
20-Apr-12
bps
Pakistan Euro Bond Price Yield (Maturity 2016)
84.85
-0.02%
12.08%
12.07%
0.90
     
23-Apr-12
20-Apr-12
bps
Pakistan Credit Default Swap (CDS 5 year) (USD)    
877.58
876.97
0.62

KIBOR Rates (%)
1 month
3 month
6 month
1 Year
Bid
11.56
11.70
11.76
11.86
Offer
12.06
11.95
12.01
12.36

Inter Bank Money Market Rates (Last closing ) (%)
Overnight
1 Week
1-Month
3-Month
6-Month
1-Year
High  
11.90
11.75
11.75
11.75
11.90
11.95
Low  
11.80
11.60
11.65
11.65
11.75
11.85

Key Fx Rates
PKR/USD
PKR/EURO
PKR/JPY
PKR/GBP
PKR/AED
EURIBOR
LIBOR
Closing
90.83
119.86
1.14
146.64
24.90
1.06
0.73

T Bill Rates (%)
3 month
6 month
12 month
Avg.
11.84
11.92
11.98
Last Cut Off.
11.87
11.94
11.94
Bond Rates (%) Cut Off
Bid
Offer
Previous
Current
5-Y PIB
13.05
12.95
12.95
12.94
10 Y-PIB
13.29
13.27
13.23
13.20

10 Yr Govt bond (%)
Japan
Germany
US
UK
Australia
India
Pakistan
Yield
0.92
1.64
1.92
2.12
3.66
8.57
13.27
Change bps
0.00
-7.00
-4.00
-6.00
-11.00
2.50
4.00

Commodities

     
23-Apr-12
24-Apr-12
change
WTI (USD/bbl)    
103.74
102.92
-0.79%
     
Brent (USD/bbl)    
118.78
118.58
-0.17%
     
Arab Light (USD/bbl)    
118.63
118.71
0.07%

Domestic
Current
Previous
Change
High Speed Diesel (litre)
108.16
103.46
4.54%
Furnace Oil (Rs/ton)
83,022.36
84,408.56
-1.64%
Cement (Rs. Bag Avg)
442.88
434.75
1.87%
Urea Fertilizer (Rs/bag)
1,793.33
1,797.50
-0.23%
Gold 24cr (Rs./10gm) Khi
48,315.76
48,512.90
-0.18%
Rice IRRI -6(Rs/100kg)
3,475.00
3,479.00
-0.11%
KCA Cotton (Rs/mound)
6,000.00
5,800.00
2.56%
International
Current
Previous
Change
Coal Spot(USD/ton)
101.55
102.40
-0.83%
Gold Futures(USD/oz)
1,636.60
1,642.60
-0.37%
Sugar 11 (USD/lb)
21.54
21.55
-0.05%
Steel (USD/ton)
692.71
693.34
-0.09%
Wheat (CBT) (USD/bu)
632.50
623.00
1.52%
PTA (USD/ton)
1,170.00
1,165.00
0.43%
Copper (USD/ton)
8,124.00
8,240.00
-1.41%

Kindly Click here for PDF Version

(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.