BasedLine

Date: 10-July-2012
KSE-100 Index
Previous Index 14,310.18
Current Index 14,379.54
Change % 0.48%
YTD (CY12) 26.72%
YTD (FY13) 4.19%
KSE-100 Index
Previous Index 24,732.56
Current Index 24,787.66
Change % 0.22%
YTD (CY12) 23.09%
YTD (FY13) 4.25%
International Indicators
 
Close
%age
BSE-30 17,391.98 -0.74
HANGSENG 19,428.09 -1.88
NIKKEI 225 8,896.88 -1.37
FTSE 5,627.33 -0.62
DJIA 12,736.42 -0.28
SSEC 2,159.33 -0.53
NASDAQ 2,931.77 -0.19
 
Close
%age
TASI 6,756.99 -1.43
KSE(Kuwait) 5,842.19 -0.50
BSE 1,116.76 -0.40
MSM 5,534.31 -0.49
ADX 2,478.67 0.14
DFM 1,491.96 -0.41
QSE 8,247.49 -0.31
Capital Market Overview

Market watch: Stocks post moderated gains as bulls take to sidelines

The Karachi Stock Exchange’s (KSE) benchmark 100-share index climbed 0.48% or 69.36 points to end at the 14,379.54 points level. Trade volumes dropped marginally to 90 million shares compared with Friday’s tally of 94 million shares. The value of shares traded during the day was Rs3.80 billion. more... (ET)

NAVs and Returns
as of Jul 09, 2012
Funds Offer Redemption
POGSF
10.0840/-
10.0840/-
YTD Return
10.55%
POAIIF
52.0577/-
51.5371/-
YTD Return
9.06%
POAAAF
52.22/-
50.91/-
YTD Return
1.68%
POIAAF
54.75/-
53.38/-
YTD Return
1.54%
POAF
11.42/-
YTD Return
0.86%
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
37.45
3,371
71.78
3.61
26.72%
KSE30
7.34
660
38.51
2.63
22.85%
KMI30
5.32
479
24.82
1.90
23.09%
KSE All
40.57
3,652
89.54
3.80
28.63%
July 9, 2012
GDR
GDR Closing
GDR (USD)
KSE(Rs)
LSE(Rs)
YTD Chg.
MCB
2.60
180.01
122.30
8.28%
OGDC
17.15
171.76
161.35
7.06%
UBL
1.80
84.36
42.34
7.63%
LUCK
1.70
124.03
39.98
7.49%
July 9, 2012
F.I.P.I.  
(USD 000)
Buy Value
Sell Value
Net Value
Foreign Individiual
3.18
-2.95
0.23
Foreign Corporates
3,088.90
-489.56
2,599.34
Overseas Pakistani
298.05
-402.81
-104.76
Grand Total
3,390.14
-895.33
2,494.81
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
505.99
22.21
29.05
127.09%
9.64
3.39
-64.84%
Gross Sell
-525.98
37.33%
-16.64
-36.45%
-9.58
-0.90
90.66%
Net Buy/(Sell)
-19.96
-161.52%
11.76
-187.51%
0.06
2.49
4235.21%
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

Taking up industry issues with govt : APTMA to set up 5-day camp

All Pakistan Textile Mills Association (APTMA) spokesman Aneesul Haq has said that 22-member delegation of APTMA representing all regions under the leadership of its chairman Mohsin Aziz, is setting up five days camp in Islamabad to resolve the textile industry issues with the government. more... (DT)

Industry warned of serious gas shortage in winter

Sui Northern Gas Pipelines Ltd (SNGPL) Managing Director Arif Hameed has warned the industry of serious gas shortage in winter this year stating that the gas tariff would also be increased to speed up the exploration process. more... (DT)

Textile products export target for year 2010-11 recorded at US$ 14 bln: NA told

The target for export of textile products for fiscal year 2010-11 was set as US$ 10 billion that was surpassed and the actual export growth was recorder as US$ 14 billion. more... (BR)

3-4 percent of GDP lost because of power outages in FY11: SBP

Estimates from the Planning Commission claim that about 3-4 percent of GDP may have been lost because of power outages in FY11-12, with a concentrated impact on the manufacturing sector. more... (BR)

Company & Sector Update

KP to produce 500MW electricity from natural gas: Kakakhel

Khyber Pakhtunkhwa Minister for Prisons, Mian Nisar Gul Kakakhel said that the provincial government was working on different projects of producing 500 mega watt electricity from natural gas explored in district Karak. more.. (BR)

IFC to design new SME banking model

International Finance Corporation (IFC), a member of the World Bank Group, launched its advisory services with Bank Alfalah on Monday to design a new SME banking business model for the bank. more... (D)

PPL claims to be active in all exploration blocks

The Pakistan Petroleum Limited (PPL) is active in all 19 operating blocks reaching out to different stages of exploration following completion of seismic surveys in 13 blocks. Among these, seven blocks are in Balochistan. PPL has been continuously conducting geophysical and other surveys in Balochistan’s blocks since 2004 and has also drilled one exploration well in Dhadar block. more... (DT)

PTCL secures unprecedented growth this year

Pakistan Telecommunication Company Limited (PTCL) despite prevailing economic challenges has secured unprecedented growth this year due to employees’ persistent hard work and initiative. President and CEO of PTCL, Walid Irshaid said credit went to all employeesS of PTCL who were key players in what we were doing through this company. more... (DT)

Political

PM assures to protect national dignity, respect of institutions

Prime Minister Raja Pervez Ashraf Monday assured National Assembly to protect and preserve national dignity as well as respect of the parliament and other institutions. more... (BR)

Full text of Amendment Bill in Contempt of Court Law

Following is the text of the Bill to amend the contempt of the court law which was passed by the National Assembly on Monday. more... (BR)

Govt denies covert deal in release of Surjeet, Chishti

State Minister for Foreign Affairs Malik Hamad Khan on Monday denied rumours that Pakistan executed an ‘under-the-table’ deal to facilitate the release of Indian prisoner Surjeet Singh and Pakistani inmate Doctor Khalil Chishti one after another. more... (ET)

War on terror bills: Pakistan forgoes $1.3b claim under CSF

Pakistan seems to be in a giving mood, not only has it decided to relinquish transit fees for Nato supplies, it has also given up on a huge chunk of another payment from the US. more... (ET)

GCC

Dubai property group close to debt deal

Limitless , the property arm of Dubai state-owned conglomerate Dubai World, is nearing a deal to restructure $1.2bn in debt as it pins its hopes of a turnround on its international projects. more... (Zawya)

Saudi Aramco to invest in new energy ventures

Saudi Aramco has launched an investment arm to buy into companies that have developed technologies of strategic importance to Saudi Arabia and speed their deployment in the kingdom, the state-run energy group said. more... (Gulf Base)

UAE-French JV secures $817m oil facility deal

Abu Dhabi-based oil and gas services contractor National Petroleum Construction Co. (NPCC) and French group Technip have been jointly awarded a nearly AED3 billion ($817 million) contract to build offshore facilities at an oilfield in Abu Dhabi, two sources said. more. (Gulf Base)

Qatar Airways to get new A380s after spurning fix

Qatar Airways will receive an upgraded version of Airbus’ A380 superjumbo after refusing to take jets with wing faults requiring modifications later, chief executive officer Akbar Al Baker said. more... (Gulf Base)

 

Quote of the Day:

"High achievement always takes place in the framework of high expectation." Charles Kettering




 
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
09-Jul-12
06-Jul-12
bps
Pakistan Euro Bond Price Yield (Maturity 2016)
86.28
0.06%
11.78%
11.80%
-1.60
     
09-Jul-12
06-Jul-12
bps
Pakistan Credit Default Swap (CDS 5 year) (USD)    
934.77
926.64
8.13

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
94.2
116.80
1.18
146.8
25.75
0.82
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
13.10
13.07
13.11
13.12
10 Y-PIB
13.36
13.35
13.36
13.38

10 Yr Govt bond (%)
Japan
Germany
US
UK
Australia
India
Pakistan
Yield
0.80
1.32
1.51
1.58
2.99
8.15
13.35
Change bps
0.00
-1.00
-3.00
-1.00
-1.00
-0.60
-1.00

Commodities

     
09-Jul-12
10-Jul-12
change
WTI (USD/bbl)    
84.86
84.76
-0.12%
     
Brent (USD/bbl)    
98.83
98.40
-0.44%
     
Arab Light (USD/bbl)    
96.67
98.80
2.20%

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
49,038.31
48,880.00
0.32%
Rice IRRI -6(Rs/100kg)
3,568.00
3,562.00
-0.03%
KCA Cotton (Rs/mound)
6,100.00
6,200.00
0.00%
International
Current
Previous
Change
Coal Spot(USD/ton)
88.05
86.75
1.50%
Gold Futures(USD/oz)
1,584.90
1,580.70
0.27%
Sugar 11 (USD/lb)
22.70
22.25
2.02%
Steel (USD/ton)
636.14
638.39
-0.35%
Wheat (CBT) (USD/bu)
828.25
806.25
2.73%
PTA (USD/ton)
1,005.00
960.00
4.69%
Copper (USD/ton)
7,559.25
7,534.50
0.33%

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.