BasedLine

Date: 19-June-2012
KSE-100 Index
Previous Index 13,665.80
Current Index 13,754.13
Change % 0.65%
YTD (CY12) 21.21%
YTD (FY12) 10.07%
KSE-100 Index
Previous Index 23,608.29
Current Index 23,789.98
Change % 0.77%
YTD (CY12) 18.14%
YTD (FY12) 13.63%
International Indicators
 
Close
%age
BSE-30 16,705.83 1.44
HANGSENG 19,427.81 1.01
NIKKEI 225 8,721.02 1.77
FTSE 5,491.09 0.22
DJIA 12,741.82 0.20
SSEC 2,305.14 -0.47
NASDAQ 2,895.33 0.78
 
Close
%age
TASI 6,807.51 0.79
KSE(Kuwait) 5,948.62 0.69
BSE 1,130.31 -0.13
MSM 5,708.83 0.00
ADX 2,460.14 0.56
DFM 1,473.64 0.68
QSE 8,276.62 0.31
Capital Market Overview

Market watch: Stocks beaten up as US withdraws negotiators

The stock market took a heavy battering on Tuesday and fell to a 12-week low, as the US broke off talks with Pakistan over Nato supply routes and recalled all its negotiators from the country. more... (ET)

NAVs and Returns
as of Jun 18, 2012
Funds Offer Redemption
POGSF
10.1976/-
10.1976/-
YTD Return
10.47%
POAIIF
52.5060/-
51.9809/-
YTD Return
10.95%
POAAAF
51.34/-
50.06/-
YTD Return
-0.91%
POIAAF
59.47/-
57.98/-
YTD Return
10.97%
POAF
11.38/-
YTD Return
10.55%
Funds Rating
AMC
AM3
POAIIF
A+ (f)
POAF
AA-
POAAAF
3 Star
POIAAF
5 Star
  Apr-12 Mar-12
MoM (%)
AUM's (PKR bn) 384.32 330.78 16.18
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
35.82
3,224
61.47
2.92
21.21%
KSE30
6.98
628
37.85
2.33
16.88%
KMI30
5.10
459
19.83
1.30
18.14%
KSE All
38.89
3,500
79.96
3.05
23.30%
Jun 18, 2012
GDR
GDR Closing
GDR (USD)
KSE(Rs)
LSE(Rs)
YTD Chg.
MCB
2.60
164.65
122.63
-17.39%
OGDC
17.50
153.62
165.08
0.41%
UBL
1.80
79.22
42.45
27.96%
LUCK
1.70
117.11
40.09
65.32%
June 18, 2012
F.I.P.I.  
(USD 000)
Buy Value
Sell Value
Net Value
Foreign Individiual
3.27
-11.51
-8.24
Foreign Corporates
2,060.48
-4,464.41
-2,404.28
Overseas Pakistani
267.69
-189.09
78.60
Grand Total
2,331.08
-4,665.01
-2,333.93
F.I.P.I.
Foreign Investment              
Foreign Investors Portfolio Investment (FIPI USD mn)
CYTD
YoY Chg
MTD
Mom Chg.
15-Jun-12
18-Jun-12
Change
Gross Buy
461.30
22.80%
23.09
-67.86%
1.95
2.33
19.45%
Gross Sell
-483.56
57.57%
-122.46
-25.11%
-4.35
-4.67
46.70%
Net Buy/(Sell)
-22.11
-130.72%
-99.23
8.39%
-2.39
-2.33
2.35%
S.C.R.A
Country
During the Period FY12TD
12-06-2012
Cumulative Inflow
Cumulative Outflow
Cumulative
Net flow
Inflow
Outflow
Net Flow
Equity
T-Bill
PIBs
Equity
T-Bill
PIBs
Equity
Equity
Hong Kong
14.12
-
-
17.39
9.16
-
-12.43
-
-
-
Luxembourg
50.53
-
-
33.00
-
-
-21.34
-
-
-
Switzerland
42.88
1.00
-
41.11
1.27
-
1.49
-
-
-
UAE
7.88
0.52
-
4.78
4.46
-
-1.37
-
-
-
UK
109.11
18.13
-
180.62
17.91
3.47
-74.83
-
0.51
-0.51
USA
184.51
-
-
314.57
-
19.06
-149.12
-
1.33
-1.33
Total
514.08
22.33
-
700.72
35.49
29.22
-229.60
-
2.11
-2.11



News Clippings
Economy

India, Pakistan hold talks over disputed coastal strip

The 12th round of talks on Sir Creek between Pakistan and India began in New Delhi on Monday. According to a press release received here, the talks would continue for two days.more... (BR)

President Zardari invites Presidents of Russia, Afghanistan, Tajikistan for summit

President Asif Ali Zardari has invited the Presidents of Russian Federation, Afghanistan and Tajikistan to participate in the 4th Quadrilateral Summit which would be hosted by Pakistan.more... (BR)

Sugar production rise in Pakistan, India, Russia, EU, world output likely rise about 5 percent

Sugar production will rise in India, Pakistan, Russia and European Union EU member states and its global production likely to rise by about 5% to 172.8 million tonnes (mt) in 2011-12 marketing season, UN Food & Agriculture Organization FAO said..more... (BR)

Domestic debt servicing: Interest payment revised upward to Rs771bn

The government has revised upward interest payment estimated in budget for domestic debt servicing to Rs771 billion from Rs714 billion for the current fiscal year, reveals budget documents.
more... (BR)

Company & Sector Update

ECC to set up JEM to resolve IPPs-SNGPL dispute

Pakistan State Oil (PSO) has reduced furnace oil supply from 33,000 tons to 8,000 tons per day to thermal power houses, an official of the company told Business Recorder here on Monday.

more.. (BR)

PSO reduces oil supply to thermal power houses

Federal Minister for Information and Broadcasting Qamar Zaman Kaira said the government was buying electricity at Rs25 per unit from power producers but providing to the public at Rs9 per unit. more... (BR)

Tobacco growers issues to be resolved: Minister

Minister of State for Commerce Abbas Khan Afridi Monday assured tobacco growers to help resolve their issues including the tobacco pricing. The state minister chaired a meeting of Pakistan Tobacco Board that discussed the issues being faced by the tobacco growers and possible remedial measures to resolve these problems. more... (BR)

Abandonment-suspension of well drilling: OGDCL faces Rs1.225bn loss

Auditor General of Pakistan (AGP) said that Oil and Gas Development Company Limited (OGDCL) faced a loss of Rs 1.225 billion due to abandonment/suspension of drilling of a well. more... (BR)

Political

Resolution of issues between Pakistan, India to usher progress

Federal Minister for Defence Syed Naveed Qamar has said that if the issues pending resolution between Pakistan and India were addressed economic progress will usher in the region.more... (BR)

Parliament, media first line of defence for national security

Chairman Senate Standing Committee on Defence and Defence Production Mushahid Hussain Sayed has observed that the media and the Parliament are the first line of defence in protecting and promoting the national security interests of the country. .more... (BR)

Sindh Governor condoles demise of MNA Fauzia Wahab

Sindh Governor, Dr. Ishrat ul Ebad Khan, has expressed deep sorrow and grief over the demise of leader of Pakistan Peoples Party (PPP) and MNA Fauzia Wahab. more... (BR)

Speaker ruling case: Aitzaz concludes arguments

Barrister Aitzaz Ahsan, counsel for Prime Minister Yousuf Raza Gilani, on Monday concluded his arguments in the Speaker ruling case, DawnNews reported. The hearing was later adjourned until Tuesday.more... (D)

GCC

Emirates repays $550m sukuk in full

Emirates airline said on Monday it has repaid a $550 million (Dh2.01 billion) sukuk bond in full on its maturity date June 18, 2012 and eyes more Islamic financing in the future amid the Eurozone debt crisis. . more... (Gulf News)

IPOs to bring investments

Financial experts have lauded the policy of subscription at Muscat Securities Market (MSM), saying that the money market's openness to foreign investors and its approach on allowing foreigners to subscribe to public shares encourages the flow of investments and increases liquidity.more... (Zawya)

Expo 2020 likely to cost up to Dh14.7b

The venue for EXPO 2020 will cost Dubai a total of Dh14.7 billion, and is expected to draw more than 25 million visitors throughout six months. more. (Gulf News)

Real estate, telecom gains support Tadawul rebound

The Tadawul All-Share Index (TASI) retrieved the lost points of Saturday, as it edged higher by 0.44 percent to 6,754.23 points yesterday..more... (Zawya)

 

Quote of the Day:

" Always bear in mind that your own resolution to succeed is more important than any other." Abraham Lincoln

 

 

 

 




 
Economic Highlights
Economic Indicators
GDP Growth FY12E
3.60%
GDP -2011
$180 bn
Per Capita Income FY11
$1,254
Population
178.09mn
US$ Reserves (May 18, 2012)
$16.31 bn
Trade Balance ( July-Apr 12)
$-17.65bn
Curr. A/C (July 11-Apr 12)
$-3.39bn
Remittances (July 11- May 12)
$12.07bn
Foreign Investment (Jul 11-Apr 12)
$563mn
All Sch. Banks Deposit Base (May 18, 2012)
Rs810.63bn
Inflation
CPI Gen. - YoY (May-12) 12.3%
   
CPI Gen. - FY12 (Jul 11- May 12) 11.0%
   
NFNE Core INFL - YoY (May 12) 11.2%
   
NFNE Core INFL -FY12(Jul 11 - May 12) 10.5%

Money Market

 
Price
Change
18-Jun-12
15-Jun-12
bps
Pakistan Euro Bond Price Yield (Maturity 2016)
85.977
-0.15%
11.83%
11.78%
5.10
     
18-Jun-12
15-Jun-12
bps
Pakistan Credit Default Swap (CDS 5 year) (USD)    
936.22
931.17
5.05

KIBOR Rates (%)
1 month
3 month
6 month
1 Year
Bid
11.58
11.72
11.78
11.88
Offer
12.08
11.97
12.03
12.38

Inter Bank Money Market Rates (Last closing ) (%)
Overnight
1 Week
1-Month
3-Month
6-Month
1-Year
High  
11.90
11.75
11.80
11.85
11.90
12.00
Low  
11.50
11.60
11.65
11.75
11.75
11.80

Key Fx Rates
PKR/USD
PKR/EURO
PKR/JPY
PKR/GBP
PKR/AED
EURIBOR
LIBOR
Closing
96.20
121.90
1.30
150.40
26.20
0.94
0.74

T Bill Rates (%)
3 month
6 month
12 month
Avg.
11.88
11.93
11.96
Last Cut Off.
11.92
11.94
11.95
Bond Rates (%) Cut Off
Bid
Offer
Previous
Current
5-Y PIB
13.02
12.99
12.99
13.12
10 Y-PIB
13.29
13.27
13.27
13.38

10 Yr Govt bond (%)
Japan
Germany
US
UK
Australia
India
Pakistan
Yield
0.84
1.44
1.63
1.67
3.08
8.05
13.27
Change bps
-2.00
-5.00
2.00
-6.00
8.00
1.10
0.00

Commodities

     
18-Jun-12
19-Jun-12
change
WTI (USD/bbl)    
84.82
83.20
-1.90%
     
Brent (USD/bbl)    
98.47
96.16
-2.35%
     
Arab Light (USD/bbl)    
97.76
96.15
-1.65%

Domestic
Current
Previous
Change
High Speed Diesel (litre)
105.77
107.00
-1.15%
Furnace Oil (Rs/ton)
76,360.48
79,333.56
-3.75%
Cement (Rs. Bag Avg)
439.50
441.75
-0.51%
Urea Fertilizer (Rs/bag)
1,683.33
1,693.33
-0.59%
Gold 24cr (Rs./10gm) Khi
49,070.00
48,770.04
0.61%
Rice IRRI -6(Rs/100kg)
3,502.00
3,526.00
-0.68%
KCA Cotton (Rs/mound)
5,800.00
5,700.00
1.75%
International
Current
Previous
Change
Coal Spot(USD/ton)
88.85
91.85
-3.27%
Gold Futures(USD/oz)
1,629.00
1,625.00
0.30%
Sugar 11 (USD/lb)
19.90
20.01
-0.55%
Steel (USD/ton)
654.11
654.74
0.10%
Wheat (CBT) (USD/bu)
666.50
659.50
1.06%
PTA (USD/ton)
920.00
1,010.00
-8.91%
Copper (USD/ton)
7,405.00
7,376.00
0.40%

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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.