BasedLine

Date:22-Oct-2012
KSE-100 Index
Previous Index 15,679.19
Current Index 15,792.75
Change % 0.74%
YTD (CY12) 39.17%
YTD (FY13) 14.43%
Volume (mn) 165.42
Capitilization (USDbn) 9.76
FIPI (USDmn)(Daily) 1.81
FIPI (USDmn) (YTD) 120.15

 

KSE-100 Index
Previous Index 27,595.47
Current Index 27,792.12
Change % 0.71%
YTD (CY12) 38.01%
YTD (FY13) 16.89%
Volume (mn) 37.91
Capitilization (USDbn) 5.72

International Indicators
 
Close
%age
BSE-30 18,682.31 -0.58
HANGSENG 21,551.76 0.15
NIKKEI 225 9,002.68 0.22
FTSE 5,917.05 0.10
DJIA 13,343.51 -1.51
SSEC 2,128.30 -0.15
NASDAQ 3,005.62 -2.18

 
Close
%age
TASI 6,780.00 -0.43
KSE(Kuwait) 5,729.38 -3.05
BSE 1,062.62 -0.40
MSM 5,709.17 -0.08
ADX 2,652.45 0.13
DFM 1,649.69 -0.29
QSE 8,538.12 -0.05

KIBOR
 
%age
3 Months 9.74
6 Months 9.76
12 Months 10.08

T-Bills
%age
3 Months 9.59
6 Months 9.59
12 Months 9.62

Bonds
 
%age
3-Y PIB 10.42
5-Y PIB 10.96
10-Y PIB 11.42
20-Y PIB 12.02
30-Y PIB 12.15
Capital Market Overview

Weekly Review: Market ends week sustained by corporate results

The week starting October 15, 2012, marked the first week from which the Karachi Stock Index (KSE’s) benchmark 100-share index will be computed using a free-float based mechanism, instead of the now outmoded market cap weight based computation method. more... (ET)

News Clippings

Petroleum product prices to be slashed; petrol to be Rs2.32 cheaper per litre

Consumers may get to enjoy a pre-Eid relief in petrol prices due to a proposed Rs2.32 per litre cut for the coming week. This will make it the second consecutive week during which petrol prices have been slashed during the month: the price of petrol was slashed by Rs2.09 per litre last Sunday. more... (ET)

Government allows export of 200,000 tons of sugar

In pursuance of the Economic Coordination Committee of the Cabinet (ECC) decision, the government has allowed export of 200,000 tons of sugar in addition to left-over quota of already approved export after fulfilling four conditions. more... (BR)

Pakistan could be ranked ‘most lucrative’ to sell life policies

Pakistan could be ranked ‘most lucrative’ to sell life policiesLife insurance penetration – defined as the collective share of gross premiums collected by all life insurance companies in the gross domestic product (GDP) of the country – was only 0.3% in Pakistan during 2010. However, for India, Sri Lanka and Bangladesh, life insurance penetration remained 4.4%, 0.6% and 0.7%, respectively, in the same year. more... (ET)

‘Gas outages disturb export commitments’

Textile millers have termed the one-day increase in gas outages for the industry a deliberate attempt to shatter the export business and said this will cause a loss of Rs1 billion a day in export earnings and value addition. more... (ET)

Power ministry's recommendations: ECC accused of extending financial favours to one IPP

The Economic Coordination Committee of the Cabinet is reported to have extended huge financial favour to an Independent Power Producer (IPP) on the recommendation of the Ministry of Water and Power. more... (BR)

ADB funding stated as 'next-to-nothing'

ADB's website shows that the Bank has initiated only four hydropower projects worth $544.1 million in Pakistan since 2002 although according to one of its report 'Development Effectiveness Report 2011', the Bank admitted that Pakistan has an abundance of hydel potential, the development of which has been stalled because of tight fiscal situation and limited domestic and international financing appetite. more... (FD)

 

NAVs and Returns
as of Oct 19, 2012
Funds Offer Redemption
POGSF
10.1478/-
10.1478/-
YTD Return
14.01%
POAIIF
52.4165/-
51.8923/-
YTD Return
9.00%
POAAAF
54.63/-
53.26/-
YTD Return
6.37%
POIAAF
56.72/-
55.30/-
YTD Return
5.19%
POAF
11.77/-
YTD Return
10.44%

 

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)
$(3.63)bn
Curr. A/C
(July-September 12)
$4.32bn
Remittances
(Jul-September 12)
$3.59bn
Foreign Investment (July-September 12) $183.5mn
CPI Gen. - YoY
(September-12)
8.79%
CPI Gen. - FY13
(July 12- September 12)
9.05%

Commodities
 
WTI (USD/bbl) 90.24
Gold Futures(USD/oz) 1,725.10
Cement (Rs./Bag) 446.13
Coal Spot(USD/ton) 80.60
Urea Fertilizer (Rs/bag) 1,687.50
DAP (Rs./bag) 2,642.29
KCA Cotton (Rs/mound) 5,700.00

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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.