BMA Today for March 27, 2017 
 
     MONDAY 27 March 2017 
 
 

 

   

Select Archives

 

At a Glance

Previous Market Session

Local Market    
 KSE 100 48,971.05

45.74
 KSE T. Value PKRbn 11.39

1.93
 10YR PIB 8.25

0
 6M KIBOR 6.13

0.01
 PKR/USD N.A. N.A.
Asia Pacific    
 BSE SENSEX 30 29,421.40

64.05
 NIKKEI 225 19,262.53

197.16
 STRAITS TIMES INDEX 3,142.90

20.78
 KUALA LUMPUR 1,745.75

5.24
 JAKARTA COMP. 5,567.13

71.39
 THAI SET 50 1,573.51

11.16
Middle East    
 DFM GENERAL 3,468.48

7.05
 TADAWUL ALL SHARE 6,874.12

4.56
 MSM30 INDEX 5,654.02

18.94
 KUWAIT SE WEIGHTED 422.11

2.45
 DSM 20 INDEX 10,412.85

32.39
Global Markets    
 OIL (NYMEX) 47.85

0.12
 US 10YrBOND 0

0
 LIBOR6MTH 1.43

0
 FTSE 100 7,336.82

3.89
 DOWJONES 20,596.72

59.86
 S&P 500 2,343.98

29.49
       
 
In Focus
Pakistan Economy: Status quo in Mar17 MPS; rate hike unlikely before Sep’17

   In a broadly expected move, the State Bank of Pakistan kept the policy rate unchanged for the 5th consecutive time at 5.75%, in its latest monetary policy review. While SBP’s comments remained neutral and are unlikely to draw much attention, we believe the upcoming Mar’17 CPI data (5.3%YoY expected) is likely to ruffle some feathers and trigger anticipation of a rate hike. We see reasons for current low interest rate environment to prevail for at least next two policy reviews as (i) positive real rate is likely to persist and (ii) given FX reserves likely to remain steady in FY17, near term exchange rate weakness may be limited. While the latest policy review is largely a non-event, market will keenly track the minutes of policy review meeting for any cue on timing of likely policy rate reversal.

Click to Read More

Media Watch

Economy: Monetary policy SBP leaves interest rate unchanged at 5.75% / Tribune
Economy: SBP allows non resident investors to conduct margin trading / The News
Sectoral: Pak Suzuki may roll back its expansion plan / Dawn
Click to Read More

Trailblazer


click to view

  Previous Session
Equity Round Up


Click to View
Forex Round Up


Click to View
Fixed Income Round Up


Click to View
 
 Important Info  
 
 
 
   
 BMA CAPITAL - Pakistan's Premier Investment Group
  Capital Markets | Corporate Finance | Asset Management | Research | Retail Brokerage | Funds Distribution
   www.bmacapital.com    
In 1963, Rolex for the first time launched the rolex replica Daytona watch, in order to meet the needs of endurance racing drivers and replica watches carefully designed. With a reliable speedometer scale outer ring, the highest speed up to 400 km per hour. In the dial on the configuration of swiss replica watches the central, minute and second hand; small second hand set at 6 o'clock position; through the central pointer to the timer precision to replica watches uk 1/8 seconds, 30 minutes and 12 hours timer disk were set at 3 and 9 o'clock position;

DISCLAIMER
This memorandum is produced by BMA Capital Management Limited and is only for the use of their clients. While the information contained herein is from sources believed reliable, we do not represent that it is accurate or complete and should not be relied upon as such. Opinions expressed may be revised at any time. This memorandum is for information only and is not an offer to buy or sell, or solicitation of any offer to buy or sell the securities mentioned.