BasedLine

Date:19-Nov-2012
KSE-100 Index
 
Previous Index 16,143.07
Current Index 16,202.81
Change % 0.37%
YTD (CY12) 42.79%
YTD (FY13) 17.40%
Volume (mn) 114.27
Capitilization (USDbn) 9.95
FIPI (USDmn)(Daily) 1.05
FIPI (USDmn) (YTD) 151.06

 

KSE-100 Index
Previous Index 28,166.68
Current Index 28,209.64
Change % 0.15%
YTD (CY12) 40.08%
YTD (FY13) 18.65%
Volume (mn) 21.02
Capitilization (USDbn) 5.78

International Indicators
 
Close
%age
BSE-30 18,309.37 -0.88
HANGSENG 21,159.01 0.24
NIKKEI 225 9,027.16 0.24
FTSE 5,605.59 -1.27
DJIA 12,588.31 0.37
SSEC 2,008.54 -6.19
NASDAQ 2,853.13 0.57

 
Close
%age
TASI 6,765.29 -0.40
KSE(Kuwait) 5,769.24 -0.54
BSE 1,054.01 -0.30
MSM 5,617.55 -0.31
ADX 2,681.33 -0.37
DFM 1,601.14 -0.97
QSE 8,377.32 -0.84

KIBOR
 
%age
3 Months 9.44
6 Months 9.49
12 Months 9.81

T-Bills
%age
3 Months 9.24
6 Months 9.28
12 Months 9.36

Bonds
 
%age
3-Y PIB 10.20
5-Y PIB 10.83
10-Y PIB 11.27
20-Y PIB 11.99
30-Y PIB 12.07
Capital Market Overview

Weekly Review: Market enters consolidation phase after shrinking 0.3%

The market witnessed a mixed week as the benchmark KSE-100 index consolidated above the 16,000-point barrier, shedding 46 points (0.3%), to close at 16,197 points during the week. more... (ET)

News Clippings

Next general elections: PTI spurns alliance with Musharraf’s party

Pakistan Tehreek-e-Insaf (PTI) was quick to rule out an electoral alliance with the All Pakistan Muslim League (APML) of former military ruler Pervez Musharraf.This came a day after Musharraf urged Pakistanis in an interview to the Indian media to vote the PTI to power in the upcoming general elections. more... (ET)

D-8 meeting begins today in Islamabad

A four-day meeting of the Developing-8 (D-8) countries beginning here today will formulate a strategy to enhance their share in global trade by 15 per cent by 2018. It will be inaugurated by Prime Minister Raja Pervez Ashraf. more... (D)

A word of caution on Sukuk financing

The use of Sukuk is now in vogue. The term itself is a plural for sakk, which in Arabic refers to a note, and is believed to be the origin of the English word cheque. The financial instrument is used in contemporary capital market practices as an investment certificate, note or simply a bond-like instrument, which replicates the economic characteristics of an interest-bearing bond. more... (ET)

Cement manufacturer: Timely investments bring Al-Abbas back to profitability


It is one of the smallest cement manufacturers in the country, but Al-Abbas Cement is determined to become one of Pakistan’s most efficient, investing in new machinery and increasing its capacity utilisation to well-above the market average, a strategy that is already beginning to pay off for the company. more... (ET)

New formula set to cut urea price by Rs 150 per bag

The Ministry of Industries and the fertiliser industry have jointly tailored a new urea price formula, which recommends slashing of Rs68 per MMTBU in Gas Development Surcharge (GDS), 4.7 per cent reduction in GST and provision of 200 MMCFD uninterrupted gas supply to urea plants, which will reduce the price of urea by Rs150 per bag. more... (BR)

Nawaz warns govt against attempts to rig election

The chief of Pakistan Muslim League-Nawaz (PML-N), Mian Nawaz Sharif, has warned the government against any attempt to rig the forthcoming general election and said timely, free and fair election was the pre-requisite for democracy. more... (TN)

 

NAVs and Returns
as of Nov 19, 2012
Funds Offer Redemption
POGSF
10.2124/-
10.2124/-
YTD Return
12.84%
POAIIF
52.6957/-
52.1687/-
YTD Return
8.60%
POAAAF
55.97/-
54.57/-
YTD Return
8.99%
POIAAF
56.53/-
55.12/-
YTD Return
4.85%
POAF
B.C
YTD Return
N/A

 

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) 329.52 419.22 -21.4
No of AMCs 25 25 -
No of Funds 175 175 -

Economic Highlights
 
GDP Growth FY12 3.70%
Per Capita Income $1,372
Reserves
(October 26, 2012)
$14.33bn
Trade Deficit
(July-October 12)
$(6.44)bn
Curr. A/C
(July-September 12)
$4.32bn
Remittances
(Jul-October 12)
$1.36bn
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) 87.57
Gold Futures(USD/oz) 1,721.70
Cement (Rs./Bag) 450.50
Coal Spot(USD/ton) 79.90
Urea Fertilizer (Rs/bag) 1,684.58
DAP (Rs./bag) 2,642.29
KCA Cotton (Rs/mound) 5,850.00

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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.