BasedLine

Date: 09-July-2012
KSE-100 Index
Previous Index 14,170.91
Current Index 14,310.18
Change % 0.98%
YTD (CY12) 26.11%
YTD (FY13) 3.69%
KSE-100 Index
Previous Index 24,503.33
Current Index 24,732.56
Change % 0.94%
YTD (CY12) 22.82%
YTD (FY13) 4.02%
International Indicators
 
Close
%age
BSE-30 17,521.12 -0.10
HANGSENG 19,800.64 -0.04
NIKKEI 225 9,020.75 -0.65
FTSE 5,662.63 -0.53
DJIA 12,772.47 -0.96
SSEC 2,198.64 -1.12
NASDAQ 2,937.33 -1.30
 
Close
%age
TASI 6,855.12 -0.07
KSE(Kuwait) 5,871.71 0.18
BSE 1,121.28 -0.05
MSM 5,561.33 -0.29
ADX 2,475.11 0.11
DFM 1,498.16 -0.43
QSE 8,272.92 0.07
Capital Market Overview

Market Watch: Bourse ends week on a high

The stock market wasted no time and started the upward rally on Friday right after the opening bell.The Karachi Stock Exchange’s (KSE) benchmark 100-share index gained 0.98 per cent or 139.27 points to end at the 14,310.18 point level. more... (ET)

NAVs and Returns
as of Jul 06, 2012
Funds Offer Redemption
POGSF
10.0756/-
10.0756/-
YTD Return
10.48%
POAIIF
52.0189/-
51.4987/-
YTD Return
8.85%
POAAAF
52.10/-
50.80/-
YTD Return
1.46%
POIAAF
54.54/-
53.18/-
YTD Return
1.18%
POAF
11.42/-
YTD Return
8.20%
Funds Rating
AMC
AM3
POAIIF
A+ (f)
POAF
AA-
POAAAF
3 Star
POIAAF
5 Star
  May-12 Apr-12
MoM (%)
AUM's (PKR bn) 367.05 353.78 3.75
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
37.27
3,355
78.48
3.62
26.11%
KSE30
7.31
657
49.00
2.85
22.33%
KMI30
5.31
478
33.90
2.18
22.82%
KSE All
40.28
3,625
94.34
3.76
27.98%
July 6, 2012
GDR
GDR Closing
GDR (USD)
KSE(Rs)
LSE(Rs)
YTD Chg.
MCB
2.60
179.49
122.27
7.97%
OGDC
15.60
169.50
146.72
5.65%
UBL
1.80
81.65
42.32
4.17%
LUCK
1.70
122.29
39.97
5.98%
July 6, 2012
F.I.P.I.  
(USD 000)
Buy Value
Sell Value
Net Value
Foreign Individiual
67.59
-6.58
61.02
Foreign Corporates
9,195.61
-9131.68
63.93
Overseas Pakistani
378.88
-446.28
-67.40
Grand Total
9,642.09
-9,584.54
57.55
F.I.P.I.
Foreign Investment              
Foreign Investors Portfolio Investment (FIPI USD mn)
CYTD
YoY Chg
MTD
Mom Chg.
06-Jul-12
09-Jul-12
Change
Gross Buy
502.60
21.39%
25.66
101.30%
0.89
9.64
978.44%
Gross Sell
-525.08
37.09%
-15.75
-39.87%
-0.45
-9.58
-2033.36%
Net Buy/(Sell)
-22.33
-168.81%
9.40
-169.92%
0.44
0.06
-87.06%
S.C.R.A
Country
During the Period FY13TD
05-07-2012
Cumulative Inflow
Cumulative Outflow
Cumulative
Net flow
Inflow
Outflow
Net Flow
Equity
T-Bill
PIBs
Equity
T-Bill
PIBs
Equity
Equity
Hong Kong
1.23
-
-
0.65
-
-
0.58
0.58
0.65
-0.07
Luxembourg
-
-
-
33.00
-
-
-3.22
-
2.02
-2.02
Switzerland
0.02
-
-
-
-
-
0.02
-
-
-
UAE
0.04
0. 40
-
-
-
-
0.44
-
-
0.40
UK
0.67
-
-
2.23
-
-
-1.58
0.06
1.61
-1.55
USA
10.25
-
-
1.10
-
-
9.15
3.40
0.93
2.47
Total
13.32
0.40
-
7.65
-
-
6.05
4.27
5.51
-0.84



News Clippings
Economy

Oil trade talks with India this week

Pakistan and India are to hold third round of talks on petroleum products trade on Thursday, with chances of bilateral oil business thinning down to only motor fuel (petrol). more... (D)

Border areas: FBR grants anti-smuggling powers to Rangers, FC

The Federal Board of Revenue has granted anti-smuggling powers to Pakistan Rangers and Frontier Corps stationed in Balochistan, Khyber Pakhtunkhawa and Federally Administered Tribal Areas (Fata) to carry out coordinated operations against the smugglers in the border areas. more... (BR)

Trade fair for women entrepreneurs tomorrow

The Women Business Development Centre (WBDC) will organise a three-day exhibition ‘Summer Trade Fair-II’ from Tuesday (tomorrow), showcasing products of skilled women entrepreneurs from different parts of the country. more... (D)

France provides euro 68.3 million for Hydro Project

The Government of France will provide Euros 68.3 million for the construction of a 48MW Jaggran-II Hydro Power Project, which will be built in the upper extent of Neelum River. more... (D)

Company & Sector Update

Planning Commission: Auction of idle oil and gas blocks proposed

As a long-term decline in gas production poses a serious threat to energy security, the Planning Commission has proposed to the government to auction non-performing oil and gas exploration blocks to the private sector in a bid to boost hydrocarbon production. more.. (ET)

Cellular companies: Whopping Rs47 billion tax waiver stopped at 11th hour

The Federal Board of Revenue (FBR) was on the verge of signing off on a massive waiver of Rs47 billion on outstanding taxes for five cellular service providers, but the move was intercepted by the country’s top anti-corruption watchdog. more... (ET)

Govt urged to cut GIDC to Rs50 per MMBTU

Chairman All Pakistan Textile Mills Association (APTMA) Mohsin Aziz has urged the government to immediately cut the Gas Infrastructure Development Cess to Rs50 per MMBTU. more... (BR)

Value-added textile sector seeks role in SBP initiatives

Value-added textile sector on Friday expressed concern over lack of its representation in the State Bank of Pakistan's support programme for textile sector boost. more... (BR)

Political

Protesting Nato supplies: Right-wing groups set out on ‘long march’

Religious groups and their right-wing supporters on Sunday began their much-hyped ‘long march’ towards Islamabad to protest the reopening of Nato transit routes by Pakistan. more... (ET)

Gilani foresees coalition govt after next election

Former Prime Minister Syed Yusuf Raza Gilani has said that no political party would gain single majority in the parliament and the results of the next general election will show same pattern as that of 2008. more... (BR)

Pak-US strategic dialogue to resume

Pakistan and the United States are likely to resume their stalled ‘strategic dialogue’ designed to dispel the widely-held perception that the relationship between the two countries is only confined to security related matters. more... (ET)

PML-N attempts to lure Bosan away from PTI

In an attempt to gain significant ground in south Punjab, Pakistan Muslim League – Nawaz (PML-N) chief Nawaz Sharif has geared up efforts to woo Sikandar Bosan to join his party. It is expected that they will offer the Pakistan Tehreek-e-Insaaf (PTI) leader a ‘key slot’. more... (ET)

GCC

SR 4 bn drive to upgrade water and sewage services

The National Water Company has announced plans to carry out a number of infrastructure projects valued at SR 4 billion in Riyadh to expand water and sewage services in the province. more... (Zawya)

DLD's off-plan sales advisory as property flipping returns to Dubai

The Dubai Land Department has urged developers launching new projects to "discourage" investors from re-selling "off plan" properties unless the project has reached an advanced stage of construction. more... (Zawya)

Riyad Bank, Sadafco post sound yields

The Kingdom’s third-largest lender by market value made SR914.4 million ($243.8 million) in the three months to June 30, up from SR836 million in the year-earlier period, the firm said in a bourse statement Sunday. more. (Gulf Base)

Gulf GDP to widen 5.8% despite drop in oil prices

The combined GDP of the six-nation Gulf Cooperation Council (GCC) is projected to expand by 5.8 percent to peak at $1.6 trillion in current prices, the report by the Kuwaiti-based Gulf Investment Company (GIC) owned by GCC governments, said. more... (Gulf Base)

 

Quote of the Day:

"Real riches are the riches possessed inside." B. C. Forbes




 
Economic Highlights
Economic Indicators
GDP Growth FY12
3.70%
GDP -2011
$180 bn
Per Capita Income FY12
$1,372
Population
178.09mn
US$ Reserves (June 29, 2012)
$15.24 bn
Trade Balance ( July-May 12)
$-16.09bn
Curr. A/C (July 11-May 12)
$-3.77bn
Remittances (July 11- May 12)
$12.07bn
Foreign Investment (Jul 11-May 12)
$721.4mn
All Sch. Banks Deposit Base (May 18, 2012)
Rs810.63bn
Inflation
CPI Gen. - YoY (June-12) 11.3%
   
CPI Gen. - FY12 (Jul 11- June 12) 11.0%
   
NFNE Core INFL - YoY (June 12) 11.5%
   
NFNE Core INFL -FY12(Jul 11 - June 12) 10.6%

Money Market

 
Price
Change
06-Jul-12
05-Jul-12
bps
Pakistan Euro Bond Price Yield (Maturity 2016)
86.23
-0.05%
11.80%
11.78%
1.90
     
06-Jul-12
05-Jul-12
bps
Pakistan Credit Default Swap (CDS 5 year) (USD)    
926.64
913.86
12.79

KIBOR Rates (%)
1 month
3 month
6 month
1 Year
Bid
11.62
11.72
11.78
11.88
Offer
12.12
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
11.75
11.90
11.90
12.00
Low  
11.50
11.70
11.65
11.75
11.75
11.80

Key Fx Rates
PKR/USD
PKR/EURO
PKR/JPY
PKR/GBP
PKR/AED
EURIBOR
LIBOR
Closing
94.5
117.00
1.19
147
25.85
0.83
0.74

T Bill Rates (%)
3 month
6 month
12 month
Avg.
11.83
11.88
11.96
Last Cut Off.
11.92
11.94
11.95
Bond Rates (%) Cut Off
Bid
Offer
Previous
Current
5-Y PIB
13.13
13.11
13.12
13.12
10 Y-PIB
13.38
13.36
13.36
13.38

10 Yr Govt bond (%)
Japan
Germany
US
UK
Australia
India
Pakistan
Yield
0.80
1.33
1.54
1.59
2.98
8.15
13.36
Change bps
-1.00
-5.00
-4.00
-6.00
-11.00
-2.10
0.00

Commodities

     
06-Jul-12
09-Jul-12
change
WTI (USD/bbl)    
86.11
84.86
-1.45%
     
Brent (USD/bbl)    
99.55
98.83
-0.72%
     
Arab Light (USD/bbl)    
98.68
96.67
-2.04%

Domestic
Current
Previous
Change
High Speed Diesel (litre)
97.21
99.69
-2.49%
Furnace Oil (Rs/ton)
70,405.04
73,062.60
-3.64%
Cement (Rs. Bag Avg)
444.38
443.13
0.28%
Urea Fertilizer (Rs/bag)
1,750.00
1,736.67
0.77%
Gold 24cr (Rs./10gm) Khi
49,261.16
50,307.71
-2.08%
Rice IRRI -6(Rs/100kg)
3,562.00
3,563.00
-0.03%
KCA Cotton (Rs/mound)
6,100.00
6,200.00
0.00%
International
Current
Previous
Change
Coal Spot(USD/ton)
86.75
83.10
4.39%
Gold Futures(USD/oz)
1,580.70
1,605.20
-0.72%
Sugar 11 (USD/lb)
22.25
21.92
1.51%
Steel (USD/ton)
638.39
641.44
-0.47%
Wheat (CBT) (USD/bu)
806.25
838.00
-3.79%
PTA (USD/ton)
960.00
930.00
3.23%
Copper (USD/ton)
7,534.50
7,699.50
-2.14%

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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.