BasedLine

Date: 30-Aug-2012
KSE-100 Index
Previous Index 15,234.48
Current Index 15,151.31
Change % -0.55%
YTD (CY12) 33.52%
YTD (FY13) 9.78%
Volume (mn) 197.7
Capitilization(USD bn) 39.13
FIPI (USDmn)(Daily) 1.24
FIPI (USDmn) (YTD) 70.17

KSE-100 Index
Previous Index 26,875.04
Current Index 26,786.84
Change % -0.33%
YTD (CY12) 33.02%
YTD (FY13) 12.66%
Volume (mn) 62.37
Capitilization (USDbn) 5.67

International Indicators
 
Close
%age
BSE-30 17,418.35 -0.41
HANGSENG 19,528.45 -1.31
NIKKEI 225 8,970.39 -1.10
FTSE 5,743.53 -0.56
DJIA 13,107.48 0.03
SSEC 2,046.16 -0.34
NASDAQ 3,081.19 0.13

 
Close
%age
TASI 7,139.01 0.02
KSE(Kuwait) 5,866.64 0.47
BSE 1,077.71 0.40
MSM 5,487.26 -0.05
ADX 2,574.80 0.03
DFM 1,555.66 0.66
QSE 8,445.45 -0.45

KIBOR
 
%age
3 Months 10.45
6 Months 10.51
12 Months 10.86

T-Bills
%age
3 Months 10.37
6 Months 10.39
12 Months 10.45

Bonds
 
%age
3-Y PIB 11.05
5-Y PIB 11.61
10-Y PIB 11.97
20-Y PIB 12.40
30-Y PIB 12.56
Capital Market Overview

watch: Bourse declines as investors bank profits

Investors opted to bank their profits on Wednesday following news that the competition watchdog challenged the establishment of a unified telecom gateway led by Pakistan Telecommunication Company Limited (PTCL). The Karachi Stock Exchange’s (KSE) benchmark 100-share index fell 0.55% or 83.2 points to end at 15,151.31 points. more... (ET)

News Clippings

Circular debt swells to Rs425 billion

The continuous increase in power tariff by the federal government to curtail the circular debt does not seem to be working as planned. The energy sectors’ current payables have swelled to Rs425 billion against the receivables of Rs385 billion which will compel the decision makers to announce further hikes in tariffs in the near future, said a top energy manager of the country. more... (ET)

Corporate results: KAPCO profits decline on circular debt woes

Kot Addu Power Company Limited (Kapco), the country’s largest independent power producer (IPP), profits declined 7% to Rs6.07 billion primarily due to the circular debt in fiscal 2012. more... (ET)

Sovereign guarantees: Finance ministry denies existence of ceiling

There is no limit prescribed under the FRDLA, 2005, on the total outstanding stock of sovereign guarantees; however the stipulated limit refers to annual issuance of sovereign guarantees only. more... (ET)

Pakistan considering importing LNG from Qatar via India

Pakistan is considering importing liquefied natural gas (LNG) from Qatar via India, which will receive the gas at its terminal and supply through a planned pipeline from its territory to Pakistan’s border. more... (ET)

OMCs recorded highest-ever sales in July

The new fiscal year started on the positive note for the oil marketing companies (OMCs) as their sales of petroleum products marked the highest ever record to stand at approximately 2.1 million tonnes in July 2012 .more... (DT)

ICI announces profit of Rs 462 million for 1H 2012

ICI Pakistan Limited posted an after tax profit of Rs 462 million for half year (1H) ended June 30, 2012, which was 52 percent less than same period last year. more... (DT)

 

NAVs and Returns
as of Aug29, 2012
Funds Offer Redemption
POGSF
10.2946/-
10.2946/-
YTD Return
15.12%
POAIIF
52.7405/-
52.2131/-
YTD Return
9.67%
POAAAF
53.78/-
52.44/-
YTD Return
4.73%
POIAAF
56.54/-
55.13/-
YTD Return
4.87%
POAF
11.65/-
YTD Return
12.64%

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) 95.02
Gold Futures(USD/oz) 1,656.50
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) 5,750.00
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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.