BasedLine

Date:15-Oct-2012
KSE-100 Index
Previous Index 15,845.30
Current Index 15,694.21
Change % -0.95%
YTD (CY12) 38.30%
YTD (FY13) 13.71%
Volume (mn) 81.33
Capitilization (USDbn) 40.08
FIPI (USDmn)(Daily) 1.02
FIPI (USDmn) (YTD) 113.74

 

KSE-100 Index
Previous Index 27,910.52
Current Index 27,624.22
Change % -1.03%
YTD (CY12) 37.18%
YTD (FY13) 16.18%
Volume (mn) 39.47
Capitilization (USDbn) 5.70

International Indicators
 
Close
%age
BSE-30 18,615.55 -0.66
HANGSENG 21,095.03 0.01
NIKKEI 225 8,535.68 -0.04
FTSE 5,793.32 0.62
DJIA 13,328.85 0.02
SSEC 2,094.47 -0.15
NASDAQ 3,044.12 -0.17

 
Close
%age
TASI 6,661.99 -0.31
KSE(Kuwait) 5,982.79 0.23
BSE 1,069.86 0.38
MSM 5,638.20 -0.11
ADX 2,641.84 -0.47
DFM 1,625.24 -0.66
QSE 8,487.09 0.10

KIBOR
 
%age
3 Months 9.82
6 Months 9.89
12 Months 10.21

T-Bills
%age
3 Months 9.64
6 Months 9.65
12 Months 9.72

Bonds
 
%age
3-Y PIB 10.48
5-Y PIB 11.01
10-Y PIB 11.51
20-Y PIB 12.06
30-Y PIB 12.18
Capital Market Overview

Weekly review: Friday’s profit-taking drags bourse down from historic highs

The benchmark KSE-100 index closed down 0.4% during the week at 15,694.21 points.The market was negatively impacted by a lower than anticipated 50 basis points cut in the interest rates, announced last Friday by the State Bank of Pakistan, amidst slower global growth projections by the International Monetary Fund, according to AKD Research report. more... (ET)

News Clippings

Prices of petrol, CNG reduced by 2pc

The government on Sunday reduced prices of petrol and compressed natural gas (CNG) by about two per cent and increased prices of all other petroleum products by up to 2.24 per cent for a week, passing on the impact of prices in international markets to consumers. more... (D)

FX & Gold weeklyoutlook October 15-19: Global financial market remains undivided

Investor enthusiasm for riskier asset has trimmed down as the global financial market remained undivided about the trend in stocks after drop in corporate profit, currencies and gold eased due to ongoing European uncertainty, which has been caused by delay, as Spain is yet to make a bailout request that will allow ECB to launch OMT (short dated bond buying strategy) and lingering of Greece deal with Torika are some of the dominating factors in the financial market. more... (BR)

Construction materials: Falling coal prices to boost cement sector’s profits

Pakistan’s cement manufacturers have been complaining of lacklustre demand over the past few months, but at long last, it appears that they may have some good news: global coal prices are falling, which means that their input costs will likely fall, causing their profit margins to rise. more... (ET)

Bureaucratic red tape results in Pakistan losing potential export markets

It is a typical case of businessman-proposes-bureaucracy-disposes. While international sanctions on Iran brought down Pakistan’s mango exports by no less than 30,000 tons in the current season, fruit exporters insisted that the typical bureaucratic tardiness resulted in Pakistan losing at least three potential mango export markets this year. more... (ET)

Solar panel prices drop 80%

Alternative Energy Development Board (AEDB) Managing Director Arif Alauddin has said prices of solar panels have dropped 80% over the last five years, making alternative energy attractive for the consumers. more... (ET)

Two-month Pak-India trade deficit crosses $11m

Due to unbalanced business deals with the neighbouring country, the Pakistani economy has faced a trade deficit of more than $11.468 with India during the months of July and August. A Pakistan Muslim League-Nawaz (PML-N) parliamentarian from Rawalpindi, Ziaullah Shah, in a statement on Sunday said that Pakistan’s economic situation was comparatively deteriorating with each passing day due to the government’s policies and unwisely trade with India. more... (BR)

 

NAVs and Returns
as of Oct 12, 2012
Funds Offer Redemption
POGSF
10.4524/-
10.4524/-
YTD Return
14.41%
POAIIF
53.2455/-
52.7130/-
YTD Return
9.06%
POAAAF
54.29/-
52.93/-
YTD Return
5.71%
POIAAF
56.35/-
54.94/-
YTD Return
4.51%
POAF
11.74/-
YTD Return
10.33%

 

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

  Sep-12 Aug-12
MoM (%)
AUM's (PKR bn) 341.80 419.22 -18.47
No of AMCs 25 25 -
No of Funds 175 175 -

Economic Highlights
 
GDP Growth FY12 3.70%
Per Capita Income $1,372
Reserves
(October 05, 2012)
$14.41bn
Trade Deficit
(July-September 12)
$(4.70)bn
Curr. A/C
(July-August 12)
$1.2bn
Remittances
(Jul-September 12)
$3.59bn
Foreign Investment (July11-June12) $741.5mn
CPI Gen. - YoY
(September-12)
8.79%
CPI Gen. - FY13
(July 12- September 12)
9.05%

Commodities
 
WTI (USD/bbl) 91.08
Gold Futures(USD/oz) 1,754.48
Cement (Rs./Bag) 446.13
Coal Spot(USD/ton) 83.40
Urea Fertilizer (Rs/bag) 1,687.50
DAP (Rs./bag) 2,642.29
KCA Cotton (Rs/mound) 5,500.00

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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.