BasedLine

Date: 12-Sep-2012
KSE-100 Index
Previous Index 15,240.19
Current Index 15,214.02
Change % -0.17%
YTD (CY12) 34.07%
YTD (FY13) 10.24%
Volume (mn) 98.52
Capitilization(USD bn) 39.39
FIPI (USDmn)(Daily) 0.03
FIPI (USDmn) (YTD) 81.32

KSE-100 Index
Previous Index 26,917.74
Current Index 26,894.27
Change % -0.09%
YTD (CY12) 33.55%
YTD (FY13) 13.11%
Volume (mn) 36.02
Capitilization (USDbn) 5.55

International Indicators
 
Close
%age
BSE-30 17,852.95 0.49
HANGSENG 20,025.66 0.84
NIKKEI 225 8,925.49 1.34
FTSE 5,794.80 0.30
DJIA 13,223.36 0.52
SSEC 2,120.55 -0.67
NASDAQ 3,104.53 0.02

 
Close
%age
TASI 7,086.80 0.20
KSE(Kuwait) 5,826.21 -0.41
BSE 1,072.51 -0.39
MSM 5,551.51 -0.73
ADX 2,596.73 0.16
DFM 1,557.45 0.02
QSE 8,474.70 -0.04

KIBOR
 
%age
3 Months 10.40
6 Months 10.44
12 Months 10.78

T-Bills
%age
3 Months 10.25
6 Months 10.26
12 Months 10.27

Bonds
 
%age
3-Y PIB 10.95
5-Y PIB 11.47
10-Y PIB 11.87
20-Y PIB 12.25
30-Y PIB 12.37
Capital Market Overview

Market watch: Bourse falls behind dividend-less telecom results

Bourse ended lower as investor sentiments were adverse due to telecom giant’s results unaccompanied by payouts. The Karachi Stock Exchange’s (KSE) benchmark 100-share index fell 0.17% or 26.17 points to end at 15,124.02 point level. more... (ET)

News Clippings

Rs 82 billion TFCs issued to reduce stock of circular debt

The government of Pakistan has finally approved the issuance of Privately Placed Term Finance Certificates (PPTFCs) of Rs 82 billion by Power Holding (Pvt) Limited (PHPL). The Oil and Gas Development Company (OGDC) has subscribed to the above TFCs to settle its overdue receivables from oil refineries and gas companies, a notice issued by OGDC said. more... (BR)

JS Bank to buy HSBC Pak operations

HSBC has decided to sell its operations in Pakistan to JS Bank Limited as part of its global restructuring and revamping plans to close down operations that have small asset bases, said HSBC London, said HSBC London in an email to The News. more... (TN)

July to August Fiscal Year 2012-13

Overseas Pakistani workers remitted an amount of $2,463.69 million in July and August of the current fiscal 2012-13 (FY13), showing a growth of 2.36 percent or $56.91 million when compared with $2,406.78 million received during the same period of last fiscal year, State Bank of Pakistan (SBP) said. more... (DT)

Cement export up 18.23%, jewellery 144% in July

he cement export from the country during the first month of current financial year has registered an increase of 18.23 percent as compared with the same month of last year. more... (DT)

Monthly car sales climb 4.3%

Locally assembled car sales jumped 4.3% in August 2012 to 9,319 units, recovering from July’s slump of 8,937 units, according to the data released by the Pakistan Automotive Manufactures Association. more... (ET)

Three Indo-Pak trade agreements to be signed by end-Sept

Commerce secretary level talks between Pakistan and India will be held during the last week of September 2012 in which three agreements for removal of non-tariff barriers (NTBs) and providing a level-playing field to Pakistani exporters will be signed. more... (DT)

 

NAVs and Returns
as of Sep11, 2012
Funds Offer Redemption
POGSF
10.3299/-
10.3299/-
YTD Return
14.20%
POAIIF
52.8907/-
52.3618/-
YTD Return
9.43%
POAAAF
53.71/-
52.37/-
YTD Return
4.59%
POIAAF
56.46/-
55.05/-
YTD Return
4.72%
POAF
11.64/-
YTD Return
10.01%

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
(Jul-Aug 12)
$2.46bn
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) 97.17
Gold Futures(USD/oz) 1,732.20
Cement (Rs./Bag) 446.38
Coal Spot(USD/ton) 86.40
Urea Fertilizer (Rs/bag) 1,698.33
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.