BasedLine

Date: 20-July-2012
KSE-100 Index
Previous Index 14,596.59
Current Index 14,568.21
Change % -0.19%
YTD (CY12) 28.38%
YTD (FY13) 5.56%
KSE-100 Index
Previous Index 25,118.73
Current Index 25,057.14
Change % -0.25%
YTD (CY12) 24.43%
YTD (FY13) 5.39%
International Indicators
 
Close
%age
BSE-30 17,278.85 0.55
HANGSENG 19,559.05 1.66
NIKKEI 225 8,795.55 0.79
FTSE 5,714.19 0.50
DJIA 12,943.36 0.27
SSEC 2,175.75 0.42
NASDAQ 2,965.90 0.79
 
Close
%age
TASI 6,628.26 0.60
KSE(Kuwait) 5,813.62 -0.41
BSE 1,114.95 0.10
MSM 5,445.25 -0.45
ADX 2,467.96 0.18
DFM 1,535.71 -0.68
QSE 8,281.26 -0.57
Capital Market Overview

Market Watch: Bourse takes a breather

After gaining for three consecutive days, the stock market took a breather on Thursday by wandering along the neutral line before declining near the end of the session.The Karachi Stock Exchange’s (KSE) benchmark 100-share index fell 0.19 per cent or 28.38 points to end at the 14,568.21 point level. more... (ET)

NAVs and Returns
as of Jul 19, 2012
Funds Offer Redemption
POGSF
10.1109/-
10.1109/-
YTD Return
10.22%
POAIIF
52.1756/-
51.6538/-
YTD Return
8.82%
POAAAF
52.52/-
51.21/-
YTD Return
2.28%
POIAAF
55.13/-
53.75/-
YTD Return
2.24%
POAF
11.45/-
YTD Return
5.75%
Funds Rating
AMC
AM3
POAIIF
AA-(f)
POAF
A+ (f)
POAAAF
3 Star
POIAAF
5 Star
  June-12 May-12
MoM (%)
AUM's (PKR bn) 355.60 367.05 -3.12
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
37.90
3,411
108.96
4.06
28.38%
KSE30
7.39
665
46.48
2.62
24.06%
KMI30
5.36
482
25.98
1.67
24.43%
KSE All
41.19
3,707
165.00
4.57
30.48%
July 19, 2012
GDR
GDR Closing
GDR (USD)
KSE(Rs)
LSE(Rs)
YTD Chg.
MCB
2.60
188.24
122.69
13.17%
OGDC
17.00
169.67
160.45
5.75%
UBL
1.80
88.07
42.47
12.36%
LUCK
1.70
129.48
40.11
12.21%
July 19, 2012
F.I.P.I.  
(USD 000)
Buy Value
Sell Value
Net Value
Foreign Individiual
4.93
-4.94
-0.01
Foreign Corporates
1,093.68
-647.85
445.83
Overseas Pakistani
537.21
-373.92
163.28
Grand Total
1,635.81
-1,026.71
609.09
F.I.P.I.
Foreign Investment              
Foreign Investors Portfolio Investment (FIPI USD mn)
CYTD
YoY Chg
MTD
Mom Chg.
18-Jul-12
19-Jul-12
Change
Gross Buy
529.47
23.38%
52.53
103.26%
8.00
1.64
-79.56%
Gross Sell
-536.54
34.01%
-27.20
-78.21%
-2.35
-1.03
56.22%
Net Buy/(Sell)
-7.73
-125.69%
23.99
-124.26%
5.66
0.61
-89.24%
S.C.R.A
Country
During the Period FY13TD
18-07-2012
Cumulative Inflow
Cumulative Outflow
Cumulative
Net flow
Inflow
Outflow
Net Flow
Equity
T-Bill
PIBs
Equity
T-Bill
PIBs
Equity
Equity
Hong Kong
1.27
-
-
0.81
-
-
0.46
-
-
-
Luxembourg
1.99
-
-
33.00
-
-
-1.73
0.28
0.00
0.28
Switzerland
0.12
-
-
1.15
-
-
-1.04
-
-
-
UAE
0.04
0. 40
-
-
-
-
0.44
-
-
-
UK
1.70
19.26
-
5.25
-
-
15.64
0.00
0.03
-0.03
USA
21.44
-
-
3.38
-
-
18.07
1.62
0.02
1.60
Total
28.31
19.66
-
14.76
-
-
33.12
1.99
0.05
1.94



News Clippings
Economy

National Bank received Deal of Year Award

National Bank of Pakistan received “Pakistan Deal of Year Award 2011” for acting as Inter-creditor Agent and Lead Arranger & Advisor with regards to financing two Renewable Wind Energy Power Projects of 50MW each in the country. more... (D)

Financing facility

The State Bank of Pakistan on Thursday allowed banks and DFIs to provide financing facilities for new imported and locally manufactured plants, machinery and equipment to be used by the export-oriented projects for producing soda ash.. more... (D)

Govt of Pakistan, PSA develop differences

The Senate’s Standing Committee on Ports and Shipping was informed here on Thursday by the ports and shipping secretary that the Port of Singapore Authority.
more... (DT)

Policymakers, PASHA to discuss amendments in PECO soon

TThe Information and Communication Technology (ICT) industry experts will meet policymakers in the coming weeks for discussing the amendments in Prevention of Electronic Crimes Ordinance (PECO) for its effective implementation in the country regarding curbing online crimes and protection to businesses. more... (DT)

Company & Sector Update

Hubco profit grows by 51pc

The Hub Power Company recorded profit after tax (PAT) at Rs8,190 million, translating into earning per share (eps) at Rs7.08, for the year ended June 30, showing stellar growth of 51 per cent over the eps at Rs4.69 the previous yea . more... (D)

Accountants should manage processes instead of budgets'

Cost and management accountants should manage processes, instead of managing budgets, to optimise organisational performance, Getz Pharma Supply Chain Director Hanif Ajari said on Wednesday. more... (ET)

New pharmaceutical companies : Fed govt approves 32 licences

The federal government on Thursday approved 32 submissions for licensing to new pharmaceutical companies as well as fresh subjects of existing companies. more... (DT)

Cotton committee reconstituted Govt aims to boost per acre yield

The government has reconstituted the Pakistan Central Cotton Committee (PCCC) for improving cotton research and development to substantially increase productivity from an average 700kg per acre to 1,200kg over the next several years. more... (D)

Political

Breaking silence: Parliament supreme, can enact any law: Zardari

Having maintained a public silence on a number of new issues that have cropped up between the government and the judiciary, the president has finally spoken out. more... (ET)

Electoral rolls: Voters list to be available in print by month’s end

A full electoral list carrying the names of 84.3 million voters will be available in print by end of this month, officials said on Thursday. more... (ET)

SC constitutes five-member bench to hear petitions against contempt law

The Supreme Court of Pakistan on Friday constituted a five-member bench, headed by Chief Justice Iftikhar Muhammed Chaudhry, to hear the petitions filed against the new contempt of court law, DawnNews reported . more... (D)

Journalists, anchors with alleged Bahria Town link: Petition filed in SC to seek probe

ITelevision anchors Hamid Mir and Absar Alam filed on Thursday a joint petition with the Supreme Court seeking an inquiry into the list of journalists and anchors who were allegedly granted favours by owners and administration of Bahria Town Ltd. more... (D)

GCC

Global slump hits SABIC profit

The Saudi petrochemical sector clearly faces potentially growing challenges as the global demand outlook darkens, a Kingdom-based analyst warned yesterday as Saudi Basic Industries Corp. (SABIC) posted a 35 percent decline in second-quarter profit . more... (Zawya)

BankDhofar net jumps to RO 19.463m in first half

BankDhofar achieved a net profit after tax of RO 19.463 million for the half year ended June 30, 2012, against a loss of RO 4.555 million incurred during the same period of last year.
.more... (Zawya)

Plant arrives for Dh40bn Abu Dhabi gas project

The Korea Express left its home port last month, winding its way through the ocean as workers on a distant island in Abu Dhabi raced to make room for the vessel's cargo. more. (Gulf Base)

‘Oil prices fine, but diversification critical’

The UAE energy minister told reporters yesterday that he is satisfied with current oil prices.
more... (Gulf News)

 

Quote of the Day:

'The conventional definition of management is getting work done through people, but real management is developing people through work.
Agha Hasan Abedi


 
Economic Highlights
Economic Indicators
GDP Growth FY12
3.70%
GDP -2011
$180 bn
Per Capita Income FY12
$1,372
Population
178.09mn
US$ Reserves (July 12, 2012)
$14.91 bn
Trade Balance ( July-June 12)
$-21.27bn
Curr. A/C (July 11-June 12)
$-4.52bn
Remittances (July 11- June 12)
$13.19bn
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
19-Jul-12
18-Jul-12
bps
Pakistan Euro Bond Price Yield (Maturity 2016)
86.838
045%
11.61%
11.75%
-14.10
     
19-Jul-12
18-Jul-12
bps
Pakistan Credit Default Swap (CDS 5 year) (USD)    
900.43
901.66
-1.23

KIBOR Rates (%)
1 month
3 month
6 month
1 Year
Bid
11.59
11.70
11.74
11.83
Offer
12.09
11.95
11.99
12.33

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

Key Fx Rates
PKR/USD
PKR/EURO
PKR/JPY
PKR/GBP
PKR/AED
EURIBOR
LIBOR
Closing
94.46
116.60
12.21
148.40
25.90
0.74
0.73

T Bill Rates (%)
3 month
6 month
12 month
Avg.
11.80
11.81
11.82
Last Cut Off.
11.87
11.92
11.94
Bond Rates (%) Cut Off
Bid
Offer
Previous
Current
5-Y PIB
12.95
12.90
12.99
13.07
10 Y-PIB
13.12
13.08
13.29
13.33

10 Yr Govt bond (%)
Japan
Germany
US
UK
Australia
India
Pakistan
Yield
0.74
1.22
1.49
1.55
2.93
8.09
13.08
Change bps
-1.00
2.00
0.00
5.00
-1.00
1.90
-21.00

Commodities

     
19-Jul-12
20-Jul-12
change
WTI (USD/bbl)    
90.35
92.10
1.94%
     
Brent (USD/bbl)    
105.84
107.35
1.43%
     
Arab Light (USD/bbl)    
104.07
105.28
1.16%

Domestic
Current
Previous
Change
High Speed Diesel (litre)
97.21
99.69
2.48%
Furnace Oil (Rs/ton)
71,913.04
70,405.04
2.14%
Cement (Rs. Bag Avg)
443.50
444.38
-0.20%
Urea Fertilizer (Rs/bag)
1,750.00
1,736.67
0.77%
Gold 24cr (Rs./10gm) Khi
48,642.00
48,514.00
0.26%
Rice IRRI -6(Rs/100kg)
3,503.00
3,505.00
-0.06%
KCA Cotton (Rs/mound)
6,000.00
6,000.00
0.00%
International
Current
Previous
Change
Coal Spot(USD/ton)
88.05
86.75
1.50%
Gold Futures(USD/oz)
1,581.50
1,573.40
0.50%
Sugar 11 (USD/lb)
22.77
22.73
0.18%
Steel (USD/ton)
623.25
626.48
-0.52%
Wheat (CBT) (USD/bu)
847.75
846.75
0.12%
PTA (USD/ton)
1,005.00
960.00
4.69%
Copper (USD/ton)
7,709.00
7,573.50
1.79%

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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.