KSE – 100 gains 371 points during the week; closes at 41064 points

Pakistan Stock Exchange – KSE100

KSE – 100 performance was relatively positive throughout the week except for Friday, when index lost more than 354 points during the day.

[Exhibit: 1 – KSE100 Performance last week]

The KSE-100 gained a total of 371.7 points during the week, closing at­ 41064 points on last Friday and closing on 41435.7 points on Friday; a 0.90% increase.


Foreign/Local Investment – NCCPL

By Investor

Companies, Insurance Companies and Mutual Funds were the only net buyers throughout the week whereas Foreign Corporates offloaded their position in the index by more than 30M in the last week.

[Exhibit: 2 – Total Investments by Investor Type]

By Sector

Fertilizer, Oil Gas Marketing Companies, and Textile Composite were the pick of investors during last week whereas, Cement, Food and Personal Care Products, Power Generation & Distribution, Commercial Banks, and Technology & Communication sectors couldn’t garner much interest.

[Exhibit: 3 – Total Investments by Sector]


Weekly – Sensitivity Price Index

Weekly Sensitive Price Indicator up by 0.05% from last week (19-10-17).

Sensitive Price Indicator

Index

Nov 09, 2017

Nov 02, 2017

% Change

SPI Combined

227.81

227.53

0.12%

The weekly SPI is computed with base year of 2007-08=100 covers from 17 urban centers and 53 essential items for all income groups/quintiles. Of the 53 items monitored 15 registered an increase, 9 decreased while 29 remained unchanged.


Liquid Foreign Reserves – Weekly

Reserves Position

Foreign reserves held by

Nov 03, 2017

Oct 27, 2017

Change

% Change

State Bank of Pakistan

13,861.20

13,846.70

14.50

0.10%

Net Foreign Reserves Held by Banks

6,050.90

5,996.10

54.80

0.91%

Total Liquid Foreign Reserves

19,912.10

19,842.80

69.30

0.35

During the week ending 03 November 2017, SBP’s reserves increased by US $ 14 million to US $ 13,861 million. Bank Forex Reserves for the period increased by 54.80 million to cross $ 6 billion mark.


Oil Prices

Oil prices witnessed a delcine during theweek as prices of WTI and BRENT in the international markets held their own amid mix indicators regarding demand and OPEC and Russian extension. Analysts have warned oil investors of an expected volatile spell in the oil markets.

Summary of Oil Prices

Weekly WTI – BRENT Prices

Benchmark

Nov 06, 2017

Nov 07, 2017

Nov 08, 2017

Nov 09, 2017

Nov 10, 2017

WTI

57.33

57.23

56.82

57.16

57.92

BRENT

63.96

63.47

63.28

63.74

63.84

[Exhibit: 4 – West Texas Intermediate prices last week]

[Exhibit: 5 – BRENT prices last week]

Posted on: 2017-11-10T18:31:00+05:00