SBP Conducted an OMO on Tuesday in which it Mopped up Rs.134.50 Billion from the market for 1 Day, and Rs.41.50 Billion for for 3 Days.
| Amount* | Rate | Bids | |||||
|---|---|---|---|---|---|---|---|
| Tenor | Type | Offered | Accepted | High – Low | Accepted | Offered | Accepted |
| 1D | Repo (Mop-up) | 134.500 | 134.500 | 9.94 % – 9.85 % | 9.94 % | 4 | 4 |
| 3D | Repo (Mop-up) | 41.500 | 41.500 | 9.94 % – 9.92 % | 9.94 % | 3 | 3 |
| 176.000 | 176.000 | ||||||
| OMO Settlement: Same Day (Jan 29, 2019) | |||||||
| *Amount in Billions | |||||||
25699
| Weekly Performance | ||
|---|---|---|
| Apr 09, 2021 | Apr 02, 2021 | |
| PKR InterBank | 152.9432 | 153.5521 |
| KSE100 Index | 45,186.48 | 44,300.95 |
| Avg Daily Volume | 410,078,495 | 377,406,041 |
| Gold (Karachi) Rs/10 gm | 89,249 | 90,878 |
| KIBOR 6M | 7.84 | 7.88 |
| 10Y PIB | 10.30 | 10.38 |
| EUR | 1.19 | 1.1761 |
| GBP | 1.3705 | 1.383 |
| CHF | 0.9247 | 0.9425 |
| JPY | 109.65 | 110.69 |
| GOLD | 1744.07 | 1730.38 |
| NY Light Crude | 59.32 | 61.45 |
| Open Market Rates | ||
| Apr 09, 2021 | Apr 02, 2021 | |
| USD | 153.50 | 154.20 |
| EUR | 182.81 | 181.50 |
| GBP | 210.55 | 213.43 |
| JPY | 1.4008 | 1.3940 |
| AED | 41.82 | 42.01 |
| SAR | 40.97 | 41.15 |
| SBP Data | ||
| T-Bill Auction Cutoff Yield | Apr 07, 2021 | Mar 24, 2021 |
| 3M | 7.4698 | 7.5398 |
| 6M | 7.7998 | 7.8000 |
| 12M | Bids Rejected | Bids Rejected |
| PIB Auction Cutoff Yield | Mar 03, 2021 | Feb 03, 2021 |
| 3Y | 9.4100 | 8.9934 |
| 5Y | 9.9000 | 9.5890 |
| 10Y | 10.2890 | 10.0500 |
| 15Y | No Bids Received | No Bids Received |
| 20Y | No Bids Received | 10.5800 |
| Interest Rate Corridor | Jun 26, 2020 | May 18, 2020 |
| SBP Policy Rate | 7.00 | 8.00 |
| SBP Reverse Repo Rate | 8.00 | 9.00 |
| SBP Repo Rate | 6.00 | 7.00 |
| Weekly Indicators | ||
| Apr 02, 2021 | Mar 26, 2021 | |
| SBP FX Reserves * | 13,527.20 | 13,673.00 |
| Bank FX Reseves * | 7,152.20 | 7,163.40 |
| Total FX Reserves * | 20,679.40 | 20,836.40 |
| Apr 08, 2021 | Apr 01, 2021 | |
| SPI (Combined Group) ** | 148.00 | 147.12 |
| Change - WoW (pct) | 0.60 | -0.43 |
| Change - YOY (pct) | 18.43 | 17.21 |
| Monthly Indicators | ||
| March | February | |
| Consumer Price Index (Base 2015-16) | 143.61 | 143.09 |
| Change - MOM (pct) | 0.36 | 1.80 |
| Change - YOY (pct) | 9.05 | 8.70 |
| WholeSale Price Index (Base 2015-16) | 162.73 | 156.90 |
| Change - MOM (pct) | 3.72 | 2.20 |
| Change - YOY (pct) | 14.66 | 9.58 |
| Sensitive Price Indicator (Base 2015-16) | 147.39 | 143.57 |
| Change - MOM (pct) | 2.66 | 2.49 |
| Change - YOY (pct) | 14.27 | 10.06 |
| March | February | |
| Exports * | 2,361.00 | 2,068.00 |
| Imports * | 5,632.00 | 4,623.00 |
| Trade Balance * | -3,271.00 | -2,555.00 |
| February | January | |
| Home Remittances * | 2,265.95 | 2,273.57 |
| February | January | |
| Total Foreign Investment * | 156.90 | 240.55 |
| February | January | |
| Current Account Balance * | -50.00 | -210.00 |
| FY21 | 881.00 | 931.00 |
| FY20 | -2,741.00 | -2,544.00 |
| January | December | |
| Large Scale Manufacturing Index | 175.15 | 166.24 |
| Change - MOM (pct) | 5.36 | 13.45 |
| Change - YOY (pct) | 9.13 | 10.75 |
| Quarterly Indicators | ||
| Dec 31, 2020 | Sep 30, 2020 | |
| Pakistan's External Debt * | 115,755.84 | 113,798.10 |
| Annual Indicators | ||
| FY20 | FY19 | |
| GDP Growth Rate | -0.38 | 1.91 |
| Agriculture | 2.67 | 0.58 |
| Manufacturing | -0.27 | 5.43 |
| Commodity Sector | -0.05 | -0.90 |
| Services Sector | -0.59 | 3.75 |
| Trade Balance * (July - June) | -23,183.00 | -31,805.00 |
| Worker Remittances * (July - June) | 23,120.97 | 21,739.40 |
| Foreign Investment * (July - June) | 2,038.21 | -54.80 |
| Annual Inflation Rate % (July - June) | 10.74 | 6.80 |
| * Amount in USD Million | ||
Copyright Mettis Link News
April 11, 2021 (MLN): The highlights of the important economic and business events that took place during the last week are in order so as to become acquainted with the recent developments in Pakistan’s economic and public policy.
Announcements:
Financial Results:
Copyright Mettis Link News
April 11, 2021 (MLN): The benchmark KSE-100 index recuperated 885 points during the departed week or up by 2% WoW as the index closed at 45,186 points.
Stronger growth forecasts by IMF (FY22: 4.0%), acted as a catalyst to change investor sentiments followed by US$2.5bn inflows from Eurobond. The rising value of PKR and expectations of strong corporate profitability in the upcoming result season also supported the index. Moreover, news regarding the extension of the Debt Servicing Suspension Initiative (DSSI) till Dec’21 further fueled investors’ sentiments.
Cement emerged as the top gainer during the week as it added 280 points to the index on the expectation of stronger results amid higher retention prices during 3QFY21. This was followed by Technology & Communication (+256pts), Textile Composite (+77pts), engineering (+58pts) and Power Generation & Distribution Companies (+52pts). Scrip-wise positive contributors were TRG (+251pts), LUCK (+124pts), DGKC (+45pts), HUBC (+34pts) and NRL (+33pts).
Meanwhile, the KSE All Share Market Cap increased by Rs.92.17 billion or 1.18% over the week, being recorded at Rs. 7.92 trillion as compared to a Market Cap of Rs.7.83 trillion recorded last week.
Figures released by NCCPL showed that foreigners remained net sellers during the week as they sold net US$9.5 million worth of stocks during the week with foreign corporates doing the bulk of selling amounting to US$13.56 million.
On the domestic front, major buying was reported by Banks/ DFIs (US$3.15 million and Companies (US$2.5 million). Other significant transactions included US$2.4 million and US$1.1 million worth of stocks bought by Mutual Funds and Brokers respectively.
Copyright Mettis Link News
April 11, 2021 (MLN): The latest weekly roundup is here to update few financial and economic releases, providing a guide to monitor trends in the upcoming week.
Copyright Mettis Link News
