.

8 8

April 17, 2012

JS Research

Key Information Regarding Today's Market

13,764.22 P Pakistan National Shipping Corp.

Price
17.25

Price
1.00

%
6.15%

(6.49) H Habib Metropolitan Bank Limited

18.33

0.94

5.41%

Open
Interest
Details

Top Gainers in KSE-100

KSE-100 Index (Apr 17, 2012)

Change from last closing
Change from last closing (%)

-0.05% F Fauji Cement Company Ltd.

YTD (Since Dec 30, 2011)

21.30% IG IGI Insurance Limited

13,945.30 A Adamjee Insurance Co. Ltd.

12 Month High (Apr 04, 2012)

12 Month Low (Aug 23, 2011)

0.2695

10,842.26 B Bata Pakistan Ltd.

12,048.61 P Pakistan Cables Ltd.

12 Month Average

5.18%

ENGRO-APR

# #

4.97

5.03

516.02

522.50

5.00%

NBP-APR

# #

6.84

6.80

323.39

321.73

67.94

3.23

4.99%

DGKC-APR

# #

7.28

7.44

285.93

293.64

649.17

28.75

4.63%

AHCL-APR

# #

7.25

7.65

245.23

258.55

38.58

1.63

4.41%

FFC-APR

# #

1.45

1.47

175.98

178.33

LUCK-APR

# #

1.13

1.10

141.82

136.56

ATRL-APR

# #

0.71

0.75

92.59

97.29

(0.95)

-5.34%

PSO-APR

# #

0.35

0.35

88.23

87.98

-0.05% F Fauji Fertilizer Bin Qasim

37.67

(1.95)

-4.92%

NML-APR

# #

1.36

1.43

77.34

80.74

19.82% A Arif Habib Corporation Limited

32.83

(1.50)

-4.37%

BAFL-APR

# #

4.29

4.16

70.17

68.14

26.34

(0.75)

-2.77%

PPL-APR

# #

0.32

0.30

61.22

56.80

5.11

(0.13)

-2.48%

FFBL-APR

# #

1.45

1.32

60.09

55.01

100.04

(2.43)

-2.37%

MCB-APR

# #

0.34

0.34

59.43

59.68

OGDC-APR

# #
## ##

0.32
42.69

0.33
43.56

52.39
2,424.69

54.89
2,450.24

KSE Ready Turnover

268.73
5.30
58.36
112.48

KSE Futures
Details

Today's Previous Today's

Vol.(mn) Vol.(mn) Val.(mn)

Previous
Val.(mn)

Today's
Spread

3.83

6.21

154.63

241.98

-1.39%

View from the Desk

ENGRO-APR

1.04

1.22

105.15

123.83

22.04%
19.10%

KSE-100 index closed flattish with fertilizer stocks taking massive battering
after FFBL reported a loss of Rs0.41/share for 1Q2012. The result though
largely inline with market expectations proved to be a sentiment
dampener as ENGRO & FFC also slid 2.4% & 2.2% respectively. Cement
stocks remained mixed with DGKC edging lower by 1.9%, while LUCK
gained 0.6% despite some profit taking towards the end. Moreover,
KAPCO also announced its 9MFY12 result posting EPS of Rs4.95/share.
Volumes increased 3% from yesterday & were once again confined to
2nd tier stocks.

FFBL-APR

2.15

0.69

82.90

27.27

AHCL-APR

2.29

1.81

76.61

61.66

10.93%

39.92

LUCK-APR

0.59

1.72

74.87

211.37

-15.11%

FFC-APR

0.45

0.58

52.93

69.02

7.19%

PPL-APR

0.22

0.21

43.23

41.31

13.67%
-3.60%

12,028.50

NBP-APR

0.60

1.37

28.28

63.23

Change from last closing

(57.10)

POL-APR

0.05

0.10

19.44

36.38

4.74%

YTD (Since Dec 30, 2011)

18.17%

NML-APR

0.25

0.28

14.37

15.90

-2.94%

13.84

22.98

713.41

1,101.45

7.01%

12 Month High (Apr 04, 2012)

12,272.53

12 Month Low (Jan 12, 2012)

10,060.65

12 Month Average

11,303.47

TOTAL

DGKC-APR

3.53

KSE - 30 Index
KSE-30 Index (Apr 17, 2012)

0.35
2.65

16.84

3,157.73 E Engro Corporation Limited

12 Month Avg. Daily Value (US$ mn)

7.11

103.57

12 Month Average (Rs. bn)

12 Month Avg. Daily Value (Rs. bn)

Val.(mn)

Val.(mn)

106.33

2,840.08 L Lafarge Pakistan Cement Ltd

12 Month Avg. Daily Vol. (Shares mn)

Vol.(mn)

0.28

12 Month Low (Jan 12, 2012)(Rs. bn)

Total Value (US$ mn)

Previous

Vol.(mn)

0.29

3,575.54 G Grays Of Combridge (Pakistan) Ltd.

Total Volume (Apr 17, 2012)(Shares mn)

April Contract
Previous
Today's

# #

12 Month High (Apr 04, 2012)(Rs. bn)

Total Value (Rs. bn)

Today's

POL-APR

38.90 JSJahangir Siddiqui Co.Ltd.

YTD (Since Dec 30, 2011)

tstand
Contr
ol. al.

%
-6.32%

3,529.75 G Gharibwal Cement Ltd.

Change from last closing (%)

7.71

55.65

Price
7.11

Top Losers in KSE-100

KSE Market Capitalization (Apr 17, 2012)(Rs. bn)

7.71

Price
(0.48)

KSE Market Capitalization

KSE Market Capitalization (US$ bn)

7.71

PAKISTAN MARKET STATISTICS

Pakistan

KSE - 100 Index

7.71

TOTAL

KSE Valuation
OGDC

Price

PE12F

164.01

9.06

PE13F Div.Yield 12 Div.Yield 13

7.92

3.96%

4.27%

Regional Markets

Today's

Previous

YTD

PTC

13.28

11.86

10.53

13.18%

13.18%

China (SSEA)

2,334.98

2,357.03 -0.94%

6.16%

NBP

46.48

4.31

4.10

16.14%

17.21%

India (BSESN)

jawad.khan@js.com

JS Global Capital Limited

17,357.94

17,150.95

1.21%

12.31%

PSO

244.90

3.74

3.12

6.12%

7.35%

Indonesia (JKSE)

4,157.37

4,146.58

0.26%

8.78%

MCB

168.41

7.23

6.58

7.42%

7.42%

Korea (KOSPI)

1,985.30

FFC

116.35

6.08

6.05

14.61%

14.61%

Research:

1,596.19

1,992.63 -0.37%
1,597.51 -0.08%

8.74%

Malaysia (KLSE)

4.28%

POL

372.19

7.06

6.53

12.09%

12.76%

Email:

js.research@js.com

Email: adeel.jafri@js.com

LUCK

127.19

92 (21) 32800163

Tel: +92 (21) 111-574-111

Philippines (PSI)

5,157.28

5,117.46

0.78%

17.96%

Taiwan (TWII)

7,585.87

7,729.86

-1.86%

7.27%

JS Universe

6th Floor, Faysal House, Main Shahrah-e-Faisal, Karachi

Report compiled by:

6.76

6.57

3.93%

4.72%

Fax:

6.97

6.35

7.46%

7.81%

JS RESEARCH IS AVAILABLE ON BLOOMBERG, THOMSON REUTERS & CAPITAL IQ

This report has been prepared for information purposes by the Research Department of JS Global Capital Limited. The information and data on which this report is based are obtained from sources which we believe to be reliable but we do not guarantee that it is accurate or complete. In particular, the report takes no account of the investment objectives, financial
situation and particular needs of investors who should seek further professional advice or rely upon their own judgment and acumen before making any investment. This report should also not be considered as a reflection on the concerned companys management and its performances or ability, or appreciation or criticism, as to the affairs or operations of such
company or institution. Warning: This report may not be reproduced, distributed or published by any person for any purpose whatsoever. Action will be taken for unauthorized reproduction, distribution or publication.