BasedLine

Date: 07-Aug-2012
KSE-100 Index
Previous Index 14,676.43
Current Index 14,673.77
Change % -0.02%
YTD (CY12) 29.31%
YTD (FY13) 6.32%
Volume (mn) 33.72
Capitilization(USD bn) 38.17
FIPI (USDmn)(Daily) 1.71
FIPI (USDmn) (YTD) 33.53

KSE-100 Index
Previous Index 25,514.95
Current Index 25,440.81
Change % -0.29%
YTD (CY12) 26.33%
YTD (FY13) 7.00%
Volume (mn) 11.08
Capitilization (USDbn) 5.44

International Indicators
 
Close
%age
BSE-30 17,412.96 1.25
HANGSENG 20.071.52 0.36
NIKKEI 225 8,778.73 0.60
FTSE 5,808.77 0.37
DJIA 13,117.51 0.16
SSEC 2,151.70 0.15
NASDAQ 2,989.91 0.74

 
Close
%age
TASI 6,943.64 -0.02
KSE(Kuwait) 5,732.08 -0.02
BSE 1,090.49 -0.48
MSM 5,434.27 -0.08
ADX 2,504.76 -0.25
DFM 1,559.06 -1.03
QSE 8,344.87 0.05

KIBOR
 
%age
3 Months 11.67
6 Months 11.70
12 Months 12.02

T-Bills
%age
3 Months 11.53
6 Months 11.51
12 Months 11.54

Bonds
 
%age
3-Y PIB 12.14
5-Y PIB 12.38
10-Y PIB 12.52
20-Y PIB 13.03
30-Y PIB 13.14
Capital Market Overview

Market watch: Cement, fertilisers dampen sentiment; market flat

The Karachi Stock Exchange’s (KSE) benchmark 100-share index pared 0.02% or 2.66 points to end at the 14,673.77 points level. Trade volumes rose to 58 million shares compared with Friday’s tally of 48 million shares. The value of shares traded during the day was Rs2.13 billion. more... (ET)

News Clippings

Only Rs 5 billion released out of Rs 274bn in 4 years

Out of the total PC-I cost of Rs 274 billion for the construction of 969 megawatts (MW) Neelum-Jhelum hydropower project (NJHP), the government has released only Rs 5 billion during the last four fiscal years (2008-12), declining the level of confidence between Pakistan and China as the Chinese engineers working on the NJHP would halt their work from next month. more... (DT)

Ogra opposes POL price revise weekly

The Oil and Gas Regulatory Authority (Ogra) has decided to oppose the Petroleum ministry summery which has sought Economic Coordination Committee (ECC) of the cabinet's approval to revise oil prices on weekly instead of fortnightly bases. more... (FD)

Cement despatches decline by 1.64 percent

July 2012 started on a dismal note for the cement sector as the industry posted a decline of 1.64 percent in its despatches compared with the despatches achieved in last year July 2011, a spokesman of All Pakistan Cement Manufacturers Association said. more... (DT)

SCB arranges $35m Islamic Trade Finance facility for PIA

Standard Chartered Bank (SCB) arranged one-year $35 million Islamic Structured Trade Finance facility for Pakistan International Airlines (PIA). The Bank was the sole arranger and structuring bank for this transaction. more... (DT)

Left out: 4Gas may sue govt for starting new LNG project

The developer of the stalled Mashal LNG project, Netherlands-based firm 4Gas may sue the government if it decides to reinitiate the LNG import project from scratch . more... (ET)

PR to execute 37 projects in upcoming fiscal year

Ministry of Railways will spend around Rs 22.8 billion to execute 37 projects for rehabilitation of its infrastructure and reinvigorating services in the fiscal year 2012-13, making the organization a profit-earning entity. more... (BR)

 

NAVs and Returns
as of Aug06, 2012
Funds Offer Redemption
POGSF
10.1721/-
10.1721/-
YTD Return
11.67%
POAIIF
52.3748/-
51.8511/-
YTD Return
8.44%
POAAAF
52.78/-
51.46/-
YTD Return
2.78%
POIAAF
55.31/-
53.93/-
YTD Return
2.79%
POAF
11.53/-
YTD Return
9.61%

Funds Rating
AMC
AM3
POAIIF
AA-(f)
POAF
A+ (f)
POAAAF
3 Star
POIAAF
5 Star

  June-12 May-12
MoM (%)
AUM's (PKR bn) 355.60 367.05 -3.12
No of AMCs 24 24 -
No of Funds 124 124 -

Economic Highlights
 
GDP Growth FY12 3.70%
Per Capita Income $1,372
Reserves
(July 12, 2012)
$14.91bn
Trade Deficit
(July 11-June 12)
$(21.27)bn
Curr. A/C
(July 11-June 12)
$(4.52bn)
Remittances
(July 11-June 12)
$13.19bn
Foreign Investment (July11-June 12) $741.5mn
CPI Gen. - YoY
(July-12)
9.6%
CPI Gen. - FY12
(July 11- June 12)
11.0%

Commodities
 
WTI (USD/bbl) 91.99
Gold Futures(USD/oz) 1,610.50
Cement (Rs./Bag) 447.63
Coal Spot(USD/ton) 85.60
Urea Fertilizer (Rs/bag) 1,746.67
DAP (Rs./bag) 2,660.35
KCA Cotton (Rs/mound) 5,650.00
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(BR) Business Recorder, (D) Dawn, (N) The News, (DT) Daily Times, (FD) The Financial Daily, (KSE) Karachi Stock Exchange

Separator
Disclaimer:
This Bizz Info is being circulated for information purposes only and no action is being solicited based on it. Information and calculations presented in this news update have been generated from sources which we believe to be reliable, however we do not represent that it is accurate, complete and should be relied upon. Pak Oman Asset Management Company Ltd. does not assume any liability on it. This Bizz Info or any part of it should not be reproduced, published or distributed without prior permission.