BasedLine

Date: 13-Aug-2012
KSE-100 Index
Previous Index 14,759.59
Current Index 14,761.49
Change % 0.01%
YTD (CY12) 30.08%
YTD (FY13) 6.96%
Volume (mn) 22.03
Capitilization(USD bn) 38.37
FIPI (USDmn)(Daily) 1.17
FIPI (USDmn) (YTD) 37.78

KSE-100 Index
Previous Index 25,705.41
Current Index 25,656.53
Change % -0.19%
YTD (CY12) 27.41%
YTD (FY13) 7.91%
Volume (mn) 7.60
Capitilization (USDbn) 5.48

International Indicators
 
Close
%age
BSE-30 17,544.82 -0.07
HANGSENG 20.108.04 -0.14
NIKKEI 225 8,885.35 -0.07
FTSE 5,847.11 -0.08
DJIA 13,207.95 0.32
SSEC 2,157.10 -0.54
NASDAQ 3,020.86 0.07

 
Close
%age
TASI 6,995.40 0.12
KSE(Kuwait) 5,679.26 -0.35
BSE 1,079.16 -0.05
MSM 5,473.48 0.18
ADX 2,540.69 0.24
DFM 1,568.38 -0.25
QSE 8,404.69 -0.14

KIBOR
 
%age
3 Months 11.64
6 Months 11.69
12 Months 12.00

T-Bills
%age
3 Months 11.44
6 Months 11.49
12 Months 11.55

Bonds
 
%age
3-Y PIB 12.05
5-Y PIB 12.33
10-Y PIB 12.54
20-Y PIB 12.97
30-Y PIB 13.16
Capital Market Overview

Weekly Review: Insipid week despite strong corporate results

In the relatively lacklustre week, the benchmark KSE-100 share index increased 0.58% to at the 14,761 level on a weekly basis.Volumes plummeted by 28% to 60 million shares amid monetary policy anticipation and NRO case proceedings. more... (ET)

News Clippings

Monetary Policy: Interest rate cut not enough, say exporters

Textile exporters, while welcoming a 150-basis-point reduction in interest rate, have said the move is not enough to put the trade and industry back on track as the interest rate is still very high and should be brought down to single digit. more... (ET)

Pakistan to go-ahead with Iranian ventures

Prime Minister Raja Pervez Ashraf has said that Islamabad will go-ahead with its multibillion dollar projects with Iran and called for immediate steps to lift the ceiling of the bilateral trade to $10 billion. more... (ET)

THE RUPEE: bulls hold sway

Dollars inflow coupled with low payments against imports helped the rupee to gain slightly versus the greenback on the currency market during the week, ended on August 11, 2012. In the interbank, the rupee gained six paisa against dollar for buying at 94.20 and five paisa for selling at 94.25. more... (BR)

'Automobile industry requires a level playing field,' Ali Habib, Chairman Indus Motor Company Limited

We are naturally pleased with our performance. This is the result of the efforts of all our stakeholders from team members to suppliers and dealers. We achieved the highest ever volume in terms of production. more... (BR)

Will Standard Chartered Bank’s business in Pakistan be affected?

The New York State Department of Financial Services' accusations against Standard Chartered Bank make for riveting reading, but will they actually have a meaningful impact on the bank's customers in Pakistan? The answer: not really. more... (ET)

Fiscal 2012 review: 26 of every 100 new cars on the roads are imports

The numbers match the reality on the roads. Imports are gaining ground. 26 out of every 100 cars sold in 2011-12 were imports, according to data compiled by The Express Tribune . more... (ET)

 

NAVs and Returns
as of Aug10, 2012
Funds Offer Redemption
POGSF
10.1800/-
10.1800/-
YTD Return
11.22%
POAIIF
52.4257/-
51.9014/-
YTD Return
8.42%
POAAAF
52.95/-
51.63/-
YTD Return
3.12%
POIAAF
55.55/-
54.17-
YTD Return
3.04%
POAF
11.54/-
YTD Return
9.68%

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)
9.60%
CPI Gen. - FY12
(July 11- June 12)
11.0%

Commodities
 
WTI (USD/bbl) 93.41
Gold Futures(USD/oz) 1,620.20
Cement (Rs./Bag) 448.50
Coal Spot(USD/ton) 85.60
Urea Fertilizer (Rs/bag) 1,741.25
DAP (Rs./bag) 2,660.35
KCA Cotton (Rs/mound) 5,800.00
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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.