BasedLine

Date: 25-Sep-2012
KSE-100 Index
Previous Index 15,588.66
Current Index 15,452.64
Change % -0.87%
YTD (CY12) 36.17%
YTD (FY13) 11.96%
Volume (mn) 89.68
Capitilization (USDbn) 40.18
FIPI (USDmn)(Daily) 0.05
FIPI (USDmn) (YTD) 87.20

KSE-100 Index
Previous Index 27,613.76
Current Index 27,298.14
Change % -1.14%
YTD (CY12) 35.56%
YTD (FY13) 14.81%
Volume (mn) 29.03
Capitilization (USDbn) 5.62

International Indicators
 
Close
%age
BSE-30 18,752.83 2.20
HANGSENG 20,680.24 -0.26
NIKKEI 225 9,050.35 -0.65
FTSE 5,852.62 -0.03
DJIA 13,579.47 0.13
SSEC 2,026.54 -0.01
NASDAQ 3,179.96 0.13

 
Close
%age
TASI 7,031.04 -0.37
KSE(Kuwait) 5,892.43 0.21
BSE 1,085.56 0.25
MSM 5,588.619 -0.26
ADX 2,611.44 -0.18
DFM 1,592.78 -0.76
QSE 8,568.35 -0.36

KIBOR
 
%age
3 Months 10.35
6 Months 10.35
12 Months 10.68

T-Bills
%age
3 Months 10.18
6 Months 10.07
12 Months 10.07

Bonds
 
%age
3-Y PIB 10.57
5-Y PIB 11.15
10-Y PIB 11.51
20-Y PIB 12.06
30-Y PIB 12.20
Capital Market Overview

Weekly Review: KSE-100 closes flat despite eventful week

The stock market witnessed a mixed week, as ongoing political and religious tensions kept the benchmark KSE-100 index on a leash.The index closed flat at 15,452 points during the week ended September 20. Investor participation also dropped as volumes dwindled by 21% during the week. more... (ET)

News Clippings

Pak external debt up at $72bn in 27 years

The country has borrowed $72 billion in last 27 years out of which it included$59 billion loans and the remaining $13 billion were grants, an official of Economic Affairs Division has said. more... (FD)

Govt may provide $400m to fertiliser companies

A plan to provide $400 million from receipts of the Gas Infrastructure Development Cess (GIDC) to fertiliser firms is under study, in order to subsidise the building and laying of gas transmission lines. The GIDC is a tax imposed on gas consumers, to generate funds meant for gas pipelines and LNG import projects. more... (ET)

Petrol and CNG prices increased; diesel rates slashed


The Oil and Gas Regulatory Authority (Ogra) on Sunday notified a Rs1.73 per litre increase in petrol price, while decreasing prices of other petroleum products effective from Monday. An Ogra summary had recently recommended the government to increase prices of petroleum products. Prices of Compressed Natural Gas (CNG) were also increased. more... (BR)

Banks lend Rs324bn to govt in two months

The government flushed out liquidity from banks as huge government borrowing set new record within two months of the current fiscal year. more... (D)

Revenue collection target to be slashed: FBR plans to increase tax-to-GDP ratio above 10pc

The Federal Board of Revenue (FBR) has chalked out a comprehensive plan and tax policy to raise the Tax-to Gross Domestic Product (GDP) ratio from existing 9.1 percent to over and above 10 percent in 2012-2013 by taking administrative measures of Rs 176.1 billion including amnesty scheme. more... (BR)

US urged to do more trade with Pakistan

Foreign Minister Hina Rabbani Khar has called for greater access for Pakistani products in the United States market as an effort to strengthen the South Asian country's economy. more... (N)

 

NAVs and Returns
as of Sep24, 2012
Funds Offer Redemption
POGSF
10.3800/-
10.3800/-
YTD Return
15.00%
POAIIF
53.0074/-
52.4773/-
YTD Return
9.42%
POAAAF
52.90/-
51.58/-
YTD Return
3.02%
POIAAF
55.71/-
54.32/-
YTD Return
3.33%
POAF
11.66/-
YTD Return
9.70%

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

  Aug-12 Jul-12
MoM (%)
AUM's (PKR bn) 419.47 378.64 10.78
No of AMCs 25 25 -
No of Funds 175 177 -1.13

Economic Highlights
 
GDP Growth FY12 3.70%
Per Capita Income $1,372
Reserves
(September 21, 2012)
$14.86bn
Trade Deficit
(August 12)
$(3.37)bn
Curr. A/C
(August 12)
$1.2bn
Remittances
(Jul-Aug 12)
$2.46bn
Foreign Investment (July11-June12) $741.5mn
CPI Gen. - YoY
(August-12)
9.10%
CPI Gen. - FY13
(July 12- August 12)
9.30%

Commodities
 
WTI (USD/bbl) 92.09
Gold Futures(USD/oz) 1,773.10
Cement (Rs./Bag) 447.50
Coal Spot(USD/ton) 87.45
Urea Fertilizer (Rs/bag) 1,661..46
DAP (Rs./bag) 2,642.29
KCA Cotton (Rs/mound) 5,550.00

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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.