BasedLine

Date: 29-Aug-2012
KSE-100 Index
Previous Index 15,171.66
Current Index 15,242.65
Change % 0.47%
YTD (CY12) 34.32%
YTD (FY13) 10.44%
Volume (mn) 187.16
Capitilization(USD bn) 38.86
FIPI (USDmn)(Daily) -2.19
FIPI (USDmn) (YTD) 68.92

KSE-100 Index
Previous Index 26,792.53
Current Index 26,875.04
Change % 0.31%
YTD (CY12) 33.46%
YTD (FY13) 13.03%
Volume (mn) 62.37
Capitilization (USDbn) 5.61

International Indicators
 
Close
%age
BSE-30 17,631.71 -0.27
HANGSENG 19,806.64 -0.03
NIKKEI 225 9,058.99 0.28
FTSE 5,775.71 -0.02
DJIA 13,102.99 -0.17
SSEC 2,063.71 -0.46
NASDAQ 3,077.14 0.13

 
Close
%age
TASI 7,137.86 0.47
KSE(Kuwait) 5,839.45 0.90
BSE 1,073.41 0.10
MSM 5,489.93 -0.46
ADX 2,574.11 -0.60
DFM 1,545.40 -0.86
QSE 8,483.59 -0.17

KIBOR
 
%age
3 Months 10.47
6 Months 10.52
12 Months 10.87

T-Bills
%age
3 Months 10.37
6 Months 10.40
12 Months 10.45

Bonds
 
%age
3-Y PIB 11.06
5-Y PIB 11.62
10-Y PIB 12.00
20-Y PIB 12.40
30-Y PIB 12.56
Capital Market Overview

Market watch: Bourse climbs led by oil, telecom sectors

The Karachi Stock Exchange’s (KSE) benchmark 100-share index rose 0.47 per cent or 70.99 points to end at 15,242.65 points level.Index heavyweight Oil and Gas Development Company and Pakistan Petroleum Limited led the climb following announcement of an increase of 60% in prices for exploration companies for oil and gas extraction in the Petroleum Policy 2012 announced on Monday. more... (ET)

News Clippings

Oil companies withhold Rs40b of gas surcharge

As petroleum companies refuse to pay Rs40 billion in state revenues while first seeking a solution to the circular debt problem, an irked Public Accounts Committee (PAC) on Tuesday summoned the three most powerful federal secretaries for their inability to restrict the debt pile-up. more... (ET)

Corporate results: Lotte Pakistan baffles market by posting loss

Lotte Pakistan reported a loss during January to July 2012 despite market consensus estimating the company to post a profit.Lotte reported net loss of Rs294 million in the first six months of 2011 compared with net profit of Rs3.70 billion reported in the same period last year, according to a notice sent to the Karachi Stock Exchange on Tuesday. more... (ET)

Fatima Fertilizer switches to profit

Fatima Fertilizer has posted a profit of Rs2.59 billion in the first six months of 2012 against a loss of Rs153 million in the preceding period primarily by selling more fertiliser. more... (ET)

PSO in trouble; receivables rise to Rs 246 billion

Pakistan State Oil (PSO) is facing turbulent situation as its receivables have once again rose to the alarming level of Rs 246 billion as on August 28, 2012, sources said. They said the country's largest oil marketing company is in trouble to run its businesses due to shortage of cash. more... (BR)

US for promoting Pakistani exports

United States is by far Pakistan’s single biggest export market, taking 16 percent of Pakistan’s total exports, said Consulate General, Michael Dodman at an export workshop. Annually, Pakistan exports over $3 billion to the US and enjoys a large trade surplus with the US. Significantly, over 90 percent of Pakistani exports are in the textiles and apparel sector where it is very successful. more... (DT)

THE RUPEE: dollar lower on open market

The rupee firmed against dollar on the currency market on Tuesday in process of trading, dealers said. The rupee retained its overnight level at 94.80 while the national currency inched down by one paisa for selling at 94.85, dealers said. more... (BR)

 

NAVs and Returns
as of Aug28, 2012
Funds Offer Redemption
POGSF
10.2920/-
10.2920/-
YTD Return
15.21%
POAIIF
52.7285/-
52.2012/-
YTD Return
9.68%
POAAAF
54.07/-
52.72/-
YTD Return
5.29%
POIAAF
56.72/-
55.30/-
YTD Return
5.19%
POAF
11.64/-
YTD Return
12.67%

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

  July-12 June-12
MoM (%)
AUM's (PKR bn) 376.73 381.83 -1.34
No of AMCs 24 24 -
No of Funds 124 124 -

Economic Highlights
 
GDP Growth FY12 3.70%
Per Capita Income $1,372
Reserves
(August 12, 2012)
$15.54bn
Trade Deficit
(July 12)
$(1.60)bn
Curr. A/C
(July 12)
$(297mn)
Remittances
(July 12)
$1.20bn
Foreign Investment (July11-June12) $741.5mn
CPI Gen. - YoY
(July-12)
9.60%
CPI Gen. - FY12
(July 11- June 12)
11.0%

Commodities
 
WTI (USD/bbl) 95.80
Gold Futures(USD/oz) 1,666.90
Cement (Rs./Bag) 447.50
Coal Spot(USD/ton) 87.80
Urea Fertilizer (Rs/bag) 1,706.67
DAP (Rs./bag) 2,660.35
KCA Cotton (Rs/mound) 5,850.00
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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.