KSE EOD Daily Share Price Data - 17/07/2012

For: July 17, 2012
SYMBOL	OPEN RATE	HIGH RATE	LOW RATE	CLOSING RATE	TURNOVER
AABS	85	85	84.99	85	800
AACIL	4.5	4.72	4.45	4.51	61,502
ABL	65.93	67.5	66.1	67.02	464,857
ABOT	133.04	135.99	132	133.41	188,105
ACPL	89.37	92	89.49	91.03	53,490
ADAMS	20.2	20.1	20.1	20.1	998
ADMM	25.03	26.28	25.4	25.74	2,003
ADOS	21.18	22.23	22.23	22.23	3,101
AGIC	9.13	9.4	9.14	9.3	679
AGIL	86.5	89.85	85.21	85.22	2,702
AGL	13.95	13.85	13	13.5	549
AGTL	207.98	208	207	208	2,153
AHCL	32.89	33.4	32.86	33.03	914,282
AHCL-CAUG	33.57	0	0	33.7	0
AHCL-CJUL	33.06	0	0	33.19	0
AHCL-CSEP	33.98	0	0	34.11	0
AHCL-JUL	33.06	33.5	33.05	33.13	297,500
AHI	15.35	16.13	15.76	16.02	21,028
AHL	38.96	40.9	39.05	40.9	518,818
AICL	63.77	66.59	63.5	66.39	1,681,237
AKBL	14.34	15.2	14.3	15	3,609,206
AKDCL	31.52	33.09	31.2	32.99	1,515
AKGL	8.5	9.2	9.2	8.5	200
AKZO	118.3	112.39	112.39	112.39	1,375
ALNRS	50.66	50.25	48.75	50.66	140
AMBL	11.45	12.35	11.25	11.94	136,742
AMTEX	2.02	2.11	1.96	1.99	225,938
ANL	6.53	6.75	6.52	6.69	1,609,377
APL	480.05	481.89	479	480.26	6,295
ARM	39.99	41.9	41	39.99	252
ASHT	10.25	10.25	10.25	10.25	1,000
ATBA	226.3	226.99	220	224.01	13,015
ATFF	8.86	9	8.89	9	2,896
ATIL	31.87	32.3	31.55	32.25	10,131
ATLH	122	122.9	121.5	122.85	1,087
ATRL	125.6	126.4	125.65	125.84	122,223
ATRL-CAUG	128.21	0	0	128.39	0
ATRL-CJUL	126.27	0	0	126.45	0
ATRL-CSEP	129.76	0	0	129.95	0
ATRL-JUL	126.14	126.89	126.25	126.4	38,000
BAFL	17.45	17.85	17.47	17.71	1,558,593
BAFL-CAUG	17.81	0	0	18.07	0
BAFL-CJUL	17.54	0	0	17.8	0
BAFL-CSEP	18.03	0	0	18.29	0
BAFL-JUL	17.54	17.9	17.78	17.89	75,500
BAFS	37.05	37	37	37	0
BAHL	28.73	28.99	28.6	28.76	124,897
BAHL-CAUG	29.33	0	0	29.34	0
BAHL-CJUL	28.88	0	0	28.9	0
BAHL-CSEP	29.68	0	0	29.7	0
BAPL	7.92	8.15	8	8	4,002
BATA	650.12	680	620.1	674.39	1,029
BCL	37.89	39.78	37.95	37.89	221
BCML	15.78	16	15	15	5,500
BELA	1.3429	1.5	1.25	1.3	10,000
BERG	13	14	13	14	51,919
BFMOD	4.5	4.25	3.8	4.12	1,460
BGL	3.18	3.25	3.2	3.25	17,335
BIFO	56	55.86	55.86	56	10
BIPL	9.7	10.2	9.61	9.8	215,740
BNWM	22.5	23	22.76	23	1,149
BOK	8.5	8.64	8.41	8.5	19,069
BOP	8.06	8.43	8.07	8.3	1,463,748
BPBL	6.65	6.85	6.85	6.65	1
BPL	49.56	50.18	49.01	49.13	38,037
BROT	1.26	1.33	1.25	1.26	8,000
BRR	2.6	2.6	2.3	2.49	2,142
BUXL	8.14	8.99	8.99	8.14	1
BWHL	30.43	31	30.5	30.43	109
BYCO	8.57	8.84	8.52	8.6	968,690
CCM	24.04	24	23	24.04	100
CECL	12.78	13.78	13.78	13.78	1,000
CENI	10.99	10.98	10.7	10.79	16,700
CEPB	20.14	21.1	20.01	20.2	331,041
CHAS	7.9	8.1	7.51	7.92	2,101
CHBL	1.6	1.9	1.6	1.85	684
CHCC	33.09	34.4	33	34.31	1,688,653
CJPL	0.87	0.88	0.8	0.87	1,445
CLCPS	0.32	0.53	0.53	0.32	5
CLOV	83.32	84.45	82	83.32	286
CML	1.56	1.68	1.56	1.56	4,106
COLG	1195	1135.3	1135.26	1135.3	120
COTT	2.1	2.1	1.9	1.9	501
CPL	191.57	201.14	192.5	201.14	36,217
CPPL	31.17	32.72	32.4	32.72	25,356
CRTM	9.51	9.88	9.76	9.88	1,450
CSAP	22.5	22.85	22.3	22.67	1,251
CSM	0.88	1.05	0.86	0.94	53,978
CSUML	3.01	3.43	3	3	20,510
CWSM	2.4	2.8	2.31	2.8	50,002
CYAN	68	69.7	68	68	359
DADX	47	46.65	46	47	415
DATM	0.63	0.65	0.64	0.63	2
DAWH	31.25	31.8	31.06	31.16	186,486
DAWH-CJUL	31.42	0	0	31.31	0
DBCI	2.11	2.3	2.02	2.18	150,466
DCH	2.34	2.39	2.25	2.26	109,002
DCL	3.95	4.07	3.95	4	386,552
DCM	1.45	1.5	1.5	1.45	54
DEL	1.81	1.93	1.79	1.82	2,070
DFML	2.32	2.33	2.25	2.26	17,181
DFSM	2.8	2.3	1.8	2.13	2,097
DGKC	44.64	45.34	44.76	44.92	12,813,009
DGKC-CAUG	45.57	0	0	45.83	0
DGKC-CJUL	44.88	0	0	45.14	0
DGKC-CSEP	46.12	0	0	46.39	0
DGKC-JUL	44.9	45.45	44.91	45.06	7,290,000
DINT	16	16.93	16.93	16.93	500
DKTM	2	1.61	1	1.61	1,502
DLL	62	64.22	62	62.05	13,208
DMTM	7.6	7.79	7.1	7.6	152
DNCC	2.5	2.54	2.41	2.54	829
DOL	4.06	4.16	3.94	4.1	56,981
DSFL	1.7	1.78	1.68	1.71	117,889
DSIL	1.47	1.58	1.45	1.56	10,132
DSL	2.45	2.6	2.45	2.45	62,645
DSML	5.15	6.15	5.75	5.75	1,001
DWAE	2.5	2.68	2.41	2.5	18,497
DWSM	2.64	3	2.54	2.98	5,903
DYNO	20.5	21.52	20.55	21.52	25,893
ECOP	5.81	6.12	5	5.55	4,404
EFOODS	69.82	72	66.51	67.66	8,036,113
EFUG	71.49	72.5	71	72.03	3,301
EFUL	72.68	74	72.06	73.09	2,100
EMCO	2.85	2.96	2.75	2.75	1,002
ENGRO	102.65	103.5	101.6	101.95	1,162,632
ENGRO-CAUG	104.78	0	0	104.02	0
ENGRO-CJUL	103.19	0	0	102.44	0
ENGRO-CSEP	106.05	0	0	105.28	0
ENGRO-JUL	103.13	103.7	102	102.31	465,500
ENGROTFC	99.1835	0	0	99.1835	0
ENGROTFC2	100	0	0	100	0
EPCL	9.97	10.08	9.81	9.88	587,180
ESBL	1.95	1.85	1.71	1.71	11,734
EXIDE	168.9	173	171	171	1,531
FABL	10.9	11.05	10.75	10.91	93,004
FABLTFC	101.25	0	0	101.25	0
FANM	4.92	4.99	4.35	4.37	5,425
FATIMA	24.95	25.24	24.85	24.9	1,510,676
FCCL	5.85	5.93	5.79	5.85	1,528,524
FCIBL	2.81	3.5	3	3	12,008
FCSC	2.8	2.88	2.75	2.8	14,712
FDIBL	1.35	1.5	1.41	1.35	2,451
FDMF	4.12	4.1	4.07	4.07	25,600
FECM	3.42	3.42	3.21	3.25	3,401
FECTC	17.29	18.29	17.02	18.29	575,293
FEM	1.3	1.5	1.3	1.5	16,686
FEROZ	85.41	85	84	84	1,772
FFBL	38.69	39	38.5	38.73	1,580,762
FFBL-CAUG	39.49	0	0	39.52	0
FFBL-CJUL	38.9	0	0	38.92	0
FFBL-CSEP	39.97	0	0	39.99	0
FFBL-JUL	38.95	39.15	38.7	38.94	210,500
FFC	116.72	117.59	116.81	117	1,430,740
FFC-CAUG	119.14	0	0	119.37	0
FFC-CJUL	117.34	0	0	117.57	0
FFC-CSEP	120.59	0	0	120.82	0
FFC-JUL	117.31	117.9	117.11	117.38	216,000
FFLM	2.8	2.6	2.6	2.8	20
FHAM	8.35	8.05	8.05	8.05	2,500
FHBM	9.6	9.4	9.4	9.4	6,946
FIBLM	1.4	0.72	0.72	0.72	1,473
FIMM	52.61	55	55	52.61	100
FLYNG	2.83	3.06	2.81	2.98	393,279
FML	37.15	36.15	36.15	36.15	0
FNBM	5.01	5.3	5.06	5.06	12,900
FNEL	5.9	5.85	5.25	5.9	7
FPJM	1.48	1.1	1.1	1.1	504
FPRM	13.9	13	13	13.9	333
FRCL	3.85	4.13	4.13	3.85	5,182
FRSM	22	21.8	21.8	22	553
FTSM	0.89	0.81	0.81	0.89	1
FUDLM	7.7	7.7	7.5	7.6	28,000
FZCM	90.01	87.01	87.01	90.01	10
GADT	66.08	66.25	66.25	66.08	94
GAIL	2.52	2.8	2.35	2.37	1,052
GAMON	2.59	2.24	2.01	2.11	4,700
GASF	5.49	5.59	5.4	5.55	31,554
GATM	21	21.97	21.5	21.97	505
GENP	1.01	1.04	1	1	7,702
GGL	10.5	11.08	10.25	10.81	125,417
GHGL	51.8	52.5	50.95	50.99	14,285
GHNI	9.42	9.57	8.45	8.54	81,552
GHNL	5.73	5.79	5	5.08	143,469
GLAXO	72.71	73.9	71	71.42	337,053
GRAYS	26.17	26.05	26	26.17	462
GSPM	5.26	5.4	5	5.4	10,484
GTYR	22.75	23	22.6	22.76	12,956
GVGL	25.75	24.5	24.5	24.5	100
HABSM	23.38	23.4	23.15	23.15	17,164
HADC	1.94	2.22	1.51	2	14,982
HAJT	0.9	1.18	1.18	0.9	1
HAL	22.52	22.49	22.26	22.28	1,817
HBL	113.72	116	113.5	114.98	172,571
HCAR	16.19	16.24	15.19	15.24	1,022,213
HICL	11.32	11.48	11.36	11.48	4,510
HINO	82.82	86.96	82.6	83.4	17,945
HINOON	38.4	38.5	36.78	38.23	996
HIRAT	10.7	10.46	9.9	9.99	43,819
HMB	18	18.21	17.8	18.2	12,759
HSPI	22.35	22.85	22	22.51	3,012
HUBC	43.41	43.84	43.26	43.63	1,326,674
HUBC-CAUG	44.31	0	0	44.52	0
HUBC-CJUL	43.64	0	0	43.84	0
HUBC-CSEP	44.85	0	0	45.05	0
HUBC-JUL	43.66	44.43	43.8	44	3,000
HUMNL	21.01	21.85	21.75	21.01	25
HUSS	16.84	16.84	16.84	16.84	120
IBFL	49.14	51.5	49.2	49.14	894
IBLHL	23.38	24.24	22.61	23.84	7,813
ICCT	1.9	1.72	1.65	1.71	552
ICI	144.5	151.5	144	148.78	144,249
ICIBL	0.75	0.8	0.72	0.75	43,876
ICL	22.23	23.34	23.19	22.23	50
IDRT	6.8	7.5	7.5	6.8	15
IDYM	403.27	400	400	403.27	1
IFSL	16.75	16.8	16.7	16.7	1,600
IGIBL	2.18	2.44	2.18	2.2	117,149
IGIIL	63	64	63.5	63.89	11,010
ILTM	216.01	215	206	214.13	121
INDU	266.52	268.15	266.1	268.01	1,100
INIL	28.5	29	28.5	28.5	10,998
ISIL	104.37	101.1	100	101.1	505
ISL	12.36	12.5	12.45	12.48	10,500
JATM	2.53	2.54	2.5	2.53	11
JDMT	19.61	20.6	20.59	20.59	700
JGICL	54.33	55.3	55	54.33	186
JLICL	72.5	73.95	73.95	72.5	400
JOPP	9.4	10.29	10.29	9.4	1
JPGL	1.7	1.8	1.67	1.69	210,344
JSBL	5.17	5.35	5.16	5.28	524,790
JSCL	14.03	14.77	14.16	14.66	13,496,114
JSGCL	29.35	30.5	29.35	30.41	11,465
JSGF	8.34	8.25	8.1	8.22	21,167
JSIL	8.15	8.49	8.19	8.41	1,563,626
JSVFL	8.15	8.1	7.9	8.01	25,163
KAPCO	44.57	44.97	44.5	44.89	23,942
KAPCO-CAUG	45.5	0	0	45.8	0
KAPCO-CJUL	44.81	0	0	45.11	0
KASBB	2.24	2.27	2.18	2.21	28,465
KASBSL	4.1	4.7	4.01	4.07	59,624
KESC	3.7	3.8	3.7	3.74	219,462
KHTC	50	52.5	52.5	50	21
KML	2.9	2.9	2.9	2.9	10,999
KOHC	48.57	50.99	48.5	50.91	809,676
KOHE	22.04	21.1	21.1	21.1	500
KOHS	3.55	3.9	3.75	3.9	1,556
KOHTM	6	6.3	6.1	6.17	15,000
KOIL	1.19	1.14	1.07	1.08	15,403
KOSM	1.67	1.95	1.94	1.95	1,000
KSBP	60.04	63.04	59.1	62.64	6,474
KSTM	1.15	1.1	1.1	1.15	40
KTML	4.3	4.8	4.3	4.64	62,605
LIBM	62.57	61.7	59.56	61.7	428
LINDE	130.08	130	128	128.02	1,709
LOTPTA	7.17	7.74	7.16	7.56	8,726,338
LOTPTA-JUL	7.2	7.77	7.2	7.56	490,500
LPCL	4.61	4.73	4.62	4.67	1,806,966
LPGL	13	13.99	12.51	13.97	508
LUCK	126.63	128.75	126.81	128.34	4,071,192
LUCK-CAUG	129.26	0	0	130.94	0
LUCK-CJUL	127.3	0	0	128.96	0
LUCK-CSEP	130.82	0	0	132.53	0
LUCK-JUL	127	128.98	127.2	128.63	853,000
MACFL	20	20.68	19.36	19.82	49,187
MARI	96.72	97	95.26	95.52	33,728
MBF	11.01	11.16	11	11.03	84,631
MCB	179.08	183.75	178.5	183.03	620,479
MCB-CAUG	182.8	0	0	186.74	0
MCB-CJUL	180.03	0	0	183.92	0
MCB-CSEP	185.01	0	0	189	0
MCB-JUL	179.52	183.5	179.22	183.22	86,500
MDTL	4.21	4.69	4	4.32	5,700
MEBL	28.35	28.55	28.36	28.37	29,997
MERIT	22.49	23.39	21.4	22.49	1,215
MFFL	302.76	301	291	302.76	365
MLCF	5.1	5.3	5.08	5.26	810,323
MODAM	1.01	1.03	0.63	1	14,902
MOON	6.9	6	6	6.9	1
MQTM	13.25	12.75	12.75	12.75	2,648
MRNS	41.8	42.49	42	42	1,069
MTIL	1.04	1.38	0.17	0.91	141,003
MTL	490.54	493	491	491.1	3,166
MUKT	0.81	0.8	0.8	0.81	1
MUREB	105	110.25	103.1	110.24	25,984
MWMP	2.94	3.75	3	3.43	97,783
MZSM	2.46	2.45	2.26	2.26	2,210
NAGC	23.5	23.8	23	23.5	2
NATF	203.8	209	200	207.59	12,525
NBF	4.4	3.78	3.78	4.4	100
NBP	44.98	45.82	44.93	45.42	3,132,155
NBP-CAUG	45.91	0	0	46.34	0
NBP-CJUL	45.22	0	0	45.64	0
NBP-CSEP	46.47	0	0	46.9	0
NBP-JUL	45.19	46	45.2	45.63	342,000
NCL	17.4	17.65	17.41	17.54	64,740
NCPL	15.25	15.46	15.28	15.33	1,013,942
NESTLE	4117	4133	3915.02	4090.34	29
NETSOL	14.59	15.59	14.7	15.19	1,240,062
NEXT	8.99	8.1	8.1	8.99	16
NIB	2.38	2.49	2.39	2.4	2,798,044
NIBTFC	99.55	0	0	99.55	0
NICL	3.41	3.7	3.3	3.4	140,792
NML	51.14	51.99	51.2	51.52	1,097,528
NML-CAUG	52.2	0	0	52.57	0
NML-CJUL	51.41	0	0	51.77	0
NML-CSEP	52.83	0	0	53.2	0
NML-JUL	51.4	52.19	51.5	51.75	193,000
NONS	18.6	19	19	18.6	20
NOPK	44.85	45	42.8	45	25,312
NOPKNV	17.5	17.5	17.3	17.5	24,300
NPL	14.95	15.1	14.92	15	21,837
NRL	238.1	240	238.52	239.98	24,304
OGDC	168.12	169.89	167.1	167.8	386,820
OGDC-CAUG	171.61	0	0	171.2	0
OGDC-CJUL	169.01	0	0	168.61	0
OGDC-CSEP	173.69	0	0	173.28	0
OGDC-JUL	168.53	169	168	168.31	9,000
OLPL	11	11.2	10.8	10.8	41,702
OLTM	5.95	5.99	5.45	5.68	8,761
PACE	2	2.08	1.98	2.04	233,697
PAEL	5.79	5.9	5.67	5.8	273,368
PAKD	62	62	61.75	62	5,251
PAKMI	1.68	1.66	1.61	1.68	328
PAKRI	17.14	17.8	17.15	17.65	576,124
PAKT	50.71	51.49	49	51.11	6,768
PASL	1.85	1.98	1.85	1.88	212,091
PASM	6.79	6.88	6.51	6.79	51
PCAL	41.36	41.7	41.5417	41.5417	365
PECO	40.01	41.99	39.85	40.29	64,830
PEF	8.7	8.75	7.81	8.73	39,056
PFLTFC2	100.1333	0	0	100.1333	0
PGCL	128.5	133	132	132	1,020
PGF	13.58	13.5	13.3	13.49	76,982
PHDL	30	31.5	28.51	30	93
PIAA	2.11	2.3	2.1	2.24	101,462
PICT	148.73	153.99	148	149.17	11,191
PIF	6.24	6.27	6.05	6.15	137,419
PIL	7.57	7.75	6.7	6.85	2,673
PINL	7.28	7.3	7.28	7.28	410
PIOC	11.28	11.99	11	11.8	404,518
PKGI	7	8	7	8	12,211
PKGP	14.23	14.47	14.2	14.23	52,808
PKGS	95.76	97.5	96	96	7,403
PMI	1.1	1.26	1.07	1.1	10,701
PMPK	149	152	147.25	148.01	267
PMTFC6	98.75	0	0	98.75	0
PNGRS	2.3	2.3	2.27	2.3	253
PNSC	17.33	17.65	17.31	17.58	8,012
POL	383.68	390	384.7	389.14	287,682
POL-CAUG	391.64	0	0	397.04	0
POL-CJUL	385.71	0	0	391.03	0
POL-CSEP	396.39	0	0	401.84	0
POL-JUL	384.87	389.5	384.55	389.03	107,000
POML	53.01	50.41	50.41	53.01	4
PPL	194.65	197.45	194.65	196.07	677,555
PPL-CAUG	198.69	0	0	200.05	0
PPL-CJUL	195.68	0	0	197.02	0
PPL-CSEP	201.1	0	0	202.47	0
PPL-JUL	195.36	197.8	195.95	197	63,000
PPP	48.25	47.5	46.15	46.49	1,225
PRET	32	32	31.3	32	484
PRL	59.06	59.99	58.65	58.8	1,369
PRWM	9.6	9.6	9.36	9.6	139
PSMC	105.32	106.6	102.1	102.86	67,113
PSO	243.36	245.4	243.25	243.65	159,420
PSO-CAUG	248.41	0	0	248.59	0
PSO-CJUL	244.65	0	0	244.83	0
PSO-CSEP	251.42	0	0	251.6	0
PSO-JUL	244.67	246	244.51	244.9	12,000
PSYL	16.8	16.38	16.03	16.8	3
PTC	14.48	14.9	14.55	14.78	1,439,007
PTC-CAUG	14.78	0	0	15.08	0
PTC-CJUL	14.56	0	0	14.85	0
PTC-CSEP	14.96	0	0	15.26	0
PTC-JUL	14.58	14.95	14.57	14.86	32,500
PTEC	5	5	5	5	3
QUICE	10.06	10.29	9.92	9.95	88,864
RAVT	1.2	1.21	1.13	1.15	14,002
RCML	22.9	23.47	23.47	22.9	30
REDT	0.61	0.62	0.62	0.62	1,000
RMPL	3475	3599	3599	3475	1
RUPL	25.5	25.9	25.9	25.5	1
SALT	33.07	34.72	34.72	33.07	23
SAPL	193.22	197.99	190	193.22	5
SAZEW	30.85	32.39	30.3	31.07	5,085
SBL	2.3	2.47	2.23	2.25	19,820
SCBPL	11.5	11.99	11.8	11.92	16,017
SCM	11.89	11.75	11.5	11.75	3,678
SEARL	52.23	52.5	49.81	49.9	24,750
SEPCO	1.2	1.29	1.15	1.21	34,045
SEPL	46.35	47.24	46.28	46.38	756
SFAT	4.4	5.39	5.39	4.4	1
SFWF	8.5	8.81	8.81	8.5	292
SGML	13.04	13.24	12.65	12.8	38,837
SGPL	0.9	1.26	1.26	0.9	1
SHCI	1.51	1.59	1.45	1.59	8,544
SHEL	130	130.2	129	129.05	10,338
SHEZ	196.52	195.01	195.01	196.52	1
SHFA	31	31.97	31	31.85	910
SHNI	10.28	10.85	10.85	10.28	200
SHSML	9.66	10	9.65	10	19,815
SIEM	645	669.99	650	645	5
SILK	2.28	2.33	2.26	2.3	202,554
SING	21.3	20.34	20.34	21.3	10
SITC	109	114.45	109	113.04	36,795
SJTM	2.34	2.94	1.41	2.34	196
SLYT	6.2	6.5	5.5	5.89	3,723
SMBL	3.5	3.53	3.45	3.46	149,971
SMBLTFC	98.25	0	0	98.25	0
SMCPL	6.2	6.2	6.1	6.2	5,500
SMTM	4.14	4.24	3.76	4.14	2
SNAI	41.27	42	41.5	41.68	1,164
SNBL	8.09	8.29	8.05	8.07	191,414
SNGP	17.67	18.44	17.79	18.13	199,951
SPL	10.69	10.8	10.4	10.46	99,745
SPLC	0.81	0.88	0.62	0.62	3,077
SRVI	168.52	169.75	169.75	168.52	1
SSGC	20.3	20.5	20.2	20.34	18,341
SSIC	5.38	6.2	4.51	4.51	1,501
STCL	7.35	7.5	7.5	7.5	820
STML	13.3	12.3	12.3	13.3	5
STPL	7.56	7.9	7.44	7.5	91,632
TATM	20.22	21.19	21.19	20.22	105
TDIL	10.11	10.2	9.95	10.11	21,752
TELE	1.51	1.6	1.51	1.56	281,144
TGL	16.52	16.89	16.5	16.74	7,588
THALL	117.08	117	114.25	114.92	4,650
TPL	9.42	9.6	9.1	9.47	64,403
TREET	49.81	50	48.6	48.97	94,455
TREI	2.55	2.55	2.34	2.52	11,500
TRG	3.44	3.62	3.45	3.58	839,376
TRIBL	0.82	1.13	1	1	10,309
TRIPF	204	204.9	201	201.14	4,110
TRSM	3.14	3.15	2.5	2.62	560
TSMF	0.9	1.3	1.3	0.9	1
TSML	76.4	76.5	76.4	76.42	600
TSPL	1	0.9	0.88	1	268
UBL	87.16	89.9	87.3	88.89	2,285,219
UBL-CAUG	88.97	0	0	90.69	0
UBL-CJUL	87.62	0	0	89.32	0
UBL-CSEP	90.05	0	0	91.79	0
UBL-JUL	87.36	89.89	88	89.17	75,000
UBLTFC2	95.05	0	0	95.05	0
UBLTFC4	100.9056	0	0	100.9056	0
UDPL	8.81	8.12	8	8.09	500
ULEVER	7121.48	7275	7155	7156	180
UNIC	10.5	10.2	9.5	9.5	2,495
UPFL	2867.22	2825	2750	2752.5	42
UVIC	3	2.4	2.4	2.4	4,602
WAHN	47.08	46.5	46.5	47.08	250
WTCL	2.02	2.14	2	2.13	187,340
WTL	2.11	2.21	2.07	2.12	490,210
WYETH	859	874.99	860	860.57	300
YOUW	1.1	1.29	1.29	1.1	1
ZIL	103	102	102	103	1
ZTL	4.25	4	4	4	500
Total Turnover					116,202,962

KSE EOD Daily Share Price Data - 17/07/2012

Mutual Funds rise by 51%YoY in FY12, reach Rs379bn

                                 Written as on July 23, 2012

Highlights

            •         Mutual Funds Industry reaches Rs379bn, up by 51%YoY in FY12

            •         Income funds’ size appreciated massive 124%YoY during FY12

            •         Money Market funds showing consistency in growth

            •         Equity Funds remained lackluster during FY12

            •         Outlook - short term placements' portfolio - A safe haven

 

In today's value seeker we present an update on the Mutual Funds Industry performance during FY12 as well as Jun-12 along with the outlook of the sector.

Mutual Funds Industry reaches Rs379bn, up by 51%YoY in FY12

During FY12, the local mutual funds industry remained in upward trajectory as the Asset Under Management (AUM) posted a significant appreciation of 51%YoY this year, the growth momentum this year stood almost twice compared to the growth of 25% witnessed last year. Major growth was witnessed in the size of income, money market, Islamic income and Islamic money market funds, which surged by 124%YoY, 95%YoY, 43%YoY and 22%YoY respectively.  An aerial view reveals that, major growth was witnessed in the AUM of the ABL Asset Management and NAFA Funds, which grew by solid 233%YoY and 102%YoY respectively during FY12. The main reason of such growth was induction of new funds under the umbrella of the company as well as appreciation in the size of income and money market funds of the respective fund managers.  On QoQ basis, the performance during the 1QFY12 stood relatively depress posting the decline of 1.2% during Jul-Sept 2012, however later three quarters of FY12 witnessed robust growth of average 15%QoQ of FY12 in the size of Mutual Fund Industry.  However on monthly basis, the industry posted the decline of 3%MoM to reach at Rs379bn, as compared with the figure of Rs390bn, a month ago.  Out of Rs11bn redemption witnessed during the month, 70% contributed by three funds, namely ABL-Cash Fund (reduction: Rs5.3bn), UBL Liquidity Plus Fund (reduction: Rs1.4bn) and Meezan Cash Fund (reduction: Rs1.1bn).

Income funds’ size appreciated massive 124%YoY during FY12

During FY12, the fixed income funds category of open-ended funds registered an appreciation of a massive 124%YoY to reach at Rs87bn and contributed 24% of the total open-ended size of the industry as compared to 17% contribution witnessed in FY11.  However, on monthly basis, the fixed income funds category declined by 1%MoM. On semiannually basis, growth in income fund during 1HFY12 stood at 41% while during 2HFY12 the category appreciated by 59%. On return basis during FY12, the income funds earned an average annualized return of 9.8%YoY, whereas the return of Jun-12 (annualized) stood at 11.3%, declining by 3bps MoM. On quarterly basis, the income funds' return remained volatile and averaged at 8.7%QoQ during 4QFY12, down by 18bps during the period.

Money Market funds showing consistency in growth

After witnessing tremendous growth of more than 100% during the last two years, the money market funds maintained high pace upward trajectory with 95%YoY growth in fund size during FY12. With the induction of two (2) new money market funds in the category, the net assets of the category reached to Rs150bn in Jun-12, as compared to the Jun-11 size of Rs77bn, becoming the largest category in the mutual funds industry.  The reason behind this phenomenal growth in money market funds was the investor’s general preference for low risk better return product as provided by money market funds. However, due to redemption effect of year end, the category size decline by 7%MoM during Jun-12.  During FY12, the money market funds category earned average return of 11.2%YoY with Jun-12 annualized return of 10.1%MoM, lower than 50bps over the months. As SBP kept the discount rate at existing level since October 2011, the money market funds manager are shifting their investment in 6M papers and getting better returns from their investments of treasury bills.

Equity Funds remained lackluster during FY12

The equity funds category remained stagnant standing at the same level of Jun-11 of Rs252bn. However on monthly basis, the equity funds category size appreciated by 4%MoM. On semi annually basis, equity fund has declined by 15% during 1HFY12 while appreciated by 18% during 2HFY12. The benchmark KSE100 index gained 10.4%YoY during FY12 from 12,496 levels in Jun-11, closing at 13,801 in Jun-12.  The equity funds category posted an average return of 13.5%YoY, outperforming the KSE100 index by 320bps over the year. The main reason for the outperformance was superior return of AKDOPF (earned 32.3%), outperformed by ~19% from equity fund category average return, and ~22% from the KSE100 index return.

Outlook - short term placements' portfolio - A safe haven

During the last three years, the mutual funds industry mostly depended on their fixed income funds (Money market & Islamic income funds), however, with the recent upsurge in the equity market, the equity related funds' portfolio increased their assets. The current interest rates scenario advocates that the investors preferred to invest in fixed income investment venues. We expect that the SBP would keep the discount rate unchanged at 12% in the upcoming monetary policy for the next two months. In this manner, we believe that a short term placements' portfolio would be better choice of investment in current investment scenario.

Mutual Funds rise by 51%YoY in FY12, reach Rs379bn

HBL: 1H2012 EPS expected at Rs9.63, up 26%YoY

 

July 23, 2012 (JS Research)

 

 

We preview Habib Bank Limited (HBL) 2Q2012 result where the bank is expected to report unconsolidated earnings of Rs5.6bn (EPS Rs4.63), an increase of 22%YoY. However, on a QoQ basis the earnings are likely to see a marginal decline of 1%, mainly on account of lower net interest income. Cumulative 1H2012 earnings are anticipated to jump by 26%YoY to Rs11.7bn (EPS Rs9.63). This significant growth will be predominantly led by 1) expected growth of 9% in earning assets in 1H2012 and, 2) lower provisions. We do not expect any payout with the result. At current levels, we maintain our ‘Hold’ call on the scrip with a target price of Rs122.

 

 

NII to remain flat in 2Q on a YoY basis

Net Interest Income (NII) of the bank is likely to remain flat at Rs13.2bn in 2Q2012 on a YoY basis. The same is anticipated to be down by 5% on QoQ basis, mainly on account of revision in the savings deposit rate to 6%. Nevertheless, 1H2012 NII is likely to grow by 3% mainly led by expected growth of 9% in earnings assets during the period.

 

Non funded income is likely to post a growth of 2%QoQ in 2Q to Rs3.2bn. Rising Fee & Brokerage and income from dealing in foreign currency are anticipated to be key reasons for this growth. In 1H2012, non interest income is likely to be down by 4%YoY due to lower income from dealing in foreign currency (down 40%YoY).

 

Loan losses to decline by 68%YoY in 2Q

Provisioning on bad loans is likely to settle at Rs732mn in 2Q, down 68%YoY and 43%QoQ. While provision on loans is likely to be on the downside in 2Q, reversal in provision for diminution in investment in 1Q is likely to aid 1H2012 result. Cumulative provisioning expense in 1H2012 is likely to register a decline of 60%YoY to Rs1.93bn.

 

Operating expenses on the other hand, are anticipated to remain flat at Rs13.5bn in 1H2012, further helping the bottom line.

 

Investment perspective: ‘Hold’

We currently maintain our ‘Hold’ call on the stock with a target price of Rs122. The scrip currently trades at 2012E PBV and PE of 1.2x and 6.2x, respectively.

 

bilal.qamar@js.com

+92 (21) 111-574-111 (ext: 3099)

 

 

 

Also in focus

Oil import bill at US$15.2bn in FY12, up 26%YoY

On the back of lower international oil prices, oil imports recorded a decline of 3%MoM in June-2012 to reach US$1.3bn. Subsequently, oil import bill clocked in at US$15.2bn in FY12 vs. US$12.1bn in FY11 (up 26%).

HBL: 1H2012 EPS expected at Rs9.63, up 26%YoY

UBL: Analyst Briefing Takeaways

United Bank Limited conducted its analyst briefing on Friday. The management of the bank discussed UBL’s financial performance during 1HCY12 and its outlook and strategy in the present economic scenario    UBL’s ROE has improved to over 26% compared to 23% in CY11. The management aspires to maintain an ROE of above 25% going forward    Bank may eventually reduce its exposure in mutual funds, however, for now bank has opted for stock dividends for tax savings from investments in mutual funds    Although UBL has no immediate plans to reduce FSV benefits, it may reduce it in due course; UBL has availed FSV benefit to the tune of PKR3.2bn    It was highlighted by the management that though street talks suggest that SBP might slash discount rate by 50bps in the upcoming monetary policy but country’s economic fundamentals do not justify such an action    We believe slowdown in NPL accretion along with decline in provisioning charges and augmenting non-interest income would continue to support bottom-line during CY12    We have a Neutral stance on the stock with Dec12TP of PKR94/share; stock offers 12% total return, including a CY12 dividend yield 9%

UBL: Analyst Briefing Takeaways

INDU to post record EPS of Rs53.77/share in FY12

                                          Written as on July 18, 2012

Highlights

            •         PAT to improve by 54%YoY to Rs4.2bn, EPS of Rs53.77 for FY12

            •         Volumetric sales up by 7.3%YoY in FY12

            •         Recommendation ‘Hold’ TP of Rs290/share for Dec-12

 

In today's value seeker we present the FY12 result preview of Indus Motor Company Limited (INDU) coupled with our recommendations for the scrip as the company is scheduled to announce FY12 result on August 10, 2012.

PAT to improve by 54%YoY to Rs4.2bn , EPS of Rs53.77 for FY12

Indus Motor Company Limited (INDU) is expected to post record earning of Rs4.2bn (EPS of Rs53.77) up by gigantic by 54% in FY12. The massive boost in PAT is mainly due to i) increased vehicles prices by ~10%YoY ii) volumetric growth in sales mounting by 7.3%YoY iii) 24%YoY rise in other income and iv) increase in sales of Hilux as it is a high margin variant all these are the major factors which are expected to boost up the bottomline of the company during FY12. Moreover, we also expect the company to announce Rs12/share final cash dividend while Rs8/share has already been paid during the year, taking the total dividend to Rs20/ share for FY12. On a QoQ basis, the company expected to register a rise of 18%QoQ in PAT to Rs1.3bn (EPS of Rs16.95) for 4QFY12. During the said period, a ~5%QoQ improvement in volumetric sales, 5%QoQ appreciation in vehicles prices coupled with 33%QoQ growth in other income are expected to be main factors behind this phenomenon rise in the bottomline.  However, the major risk to bottomline earnings for FY12 stood with 11.8%YoY depreciation in PKR against Yen.

Volumetric sales up by 7.3%YoY in FY12

The unit sales of the company are expected to grow by 7.3%YoY to 55k units in FY12. The major driver of the company sales is, Corolla sales up by 12.4%YoY to 46.2k units, Hilux also supported the sales volume with the increase of massive 52%YoY to 4.4k units, while Coure  sales down by 36%YoY to 3.85k units owing to stop of production during the last quarter of FY12.

Recommendation ‘Hold’ TP os Rs290/share for Dec-12

We recommend 'Hold' on INDU with the target Price of Rs290/share as it is trading only 8% up from our target price. At current levels the scrip is trading at PE multiple of 6.3x and dividend yield of 6.9%for FY13.

Abdul Azeem

azeem@investcapital.com

+92 21 111 111 097 Ext 8633

CA deficit stood USD4.5bn, 1.9% of GDP against the target of 0.6% of GDP

As per the statistics issued by SBP, the Current Account deficit during Jul-Jun FY12 of the country stood at USD4.5bn compared to the surplus of USD214mn witnessed during same period last year. The current account deficit stood at 1.9% of GDP during the year against the Gov't target of 0.6%. This unabated expansion in Current Account was mainly owing to trade deficit of USD15.3bn against the trade deficit of USD10.5bn witnessed during same period last year. During FY12, exports declined by 2.7% to USD24.6bn while imports increased by 11.6% to USD40.03bn. On the flip side, Workers remittances remained one of the major positive factors which posted the increase of 18%YoY increase to USD13.18bn during FY12. High oil prices during 1HFY12, energy crisis resulting substitution amid 5%YoY increase in oil imports during Jul-May 2012 and lack of any inflows under CSF remained major reasons for widening of the current account deficit.

 

INDU to post record EPS of Rs53.77/share in FY12