BasedLine

Date:21-Nov-2012
KSE-100 Index
 
Previous Index 16,251.38
Current Index 16,251.79
Change % 0.00%
YTD (CY12) 43.22%
YTD (FY13) 17.75%
Volume (mn) 238.83
Capitilization (USDbn) 9.98
FIPI (USDmn)(Daily) 3.70
FIPI (USDmn) (YTD) 156.29

 

KSE-100 Index
Previous Index 28,293.10
Current Index 28,318.02
Change % 0.09%
YTD (CY12) 40.62%
YTD (FY13) 19.10%
Volume (mn) 46.17
Capitilization (USDbn) 5.80

International Indicators
 
Close
%age
BSE-30 18,309.37 0.47
HANGSENG 21,229.41 0.01
NIKKEI 225 9,181.77 0.43
FTSE 5,748.10 0.58
DJIA 12,788.51 -0.06
SSEC 1,996.29 -0.68
NASDAQ 2,849.28 0.05

 
Close
%age
TASI 6,666.04 -0.07
KSE(Kuwait) 5,809.93 0.46
BSE 1,040.49 -0.26
MSM 5,578.75 -0.41
ADX 2,660.80 -0.02
DFM 1,591.40 0.78
QSE 8,396.05 0.18

KIBOR
 
%age
3 Months 9.46
6 Months 9.51
12 Months 9.81

T-Bills
%age
3 Months 9.31
6 Months 9.36
12 Months 9.41

Bonds
 
%age
3-Y PIB 10.31
5-Y PIB 11.00
10-Y PIB 11.35
20-Y PIB 12.05
30-Y PIB 12.16
Capital Market Overview

Market watch: Volatility prevails as mid-caps become favourites

The market remained volatile surging to an intraday high of 16,339 points; however, profit-taking in the later session forced it to close flat. Small and mid-tier stocks again dominated the sentiments as investor switched position from highly capitalised stocks due to positive sector-specific news.The Karachi Stock Exchange’s (KSE) benchmark 100-share index closed flat (0.41 points) to end at 16,251.79 point level. more... (ET)

News Clippings

Sindh govt to bear Rs600 million on wheat subsidy

The Government of Sindh has decided to reduce price of wheat from Rs. 2850 per 100 kg to Rs 2800 per 100 kg and there will be an overall subsidy of Rs. 600 million to be borne by the provincial government. more... (BR)

Court orders freezing CNG prices till Dec 5

Supreme Court of Pakistan has rejected a recommendation report by the Oil and Gas Regulatory Authority (Ogra), ordering that the current CNG price be maintained until Dec 5, media reported. Price of CNG will be maintained at Rs61.64 per kg in Region 1 (Potohar, Khyber-Pakhtunkhwa, and Balochistan) and at Rs54.16 per kg in Region 2 (Sindh, Punjab, and its areas excluding Potohar). more... (FD)

Gas-based fertiliser plants profitability dips by 139%

Sui Northern Gas Pipelines Limited (SNGPL) based fertilizer plants including Agritech, DH Fertilizers, PakArab, Engro’s new plant as well as Sui Southern Gas Company (SSGC) based Fauji Fertilizer Bin Qasim Limited (FFBL) lost profitability by 139 percent with a collective loss of Rs 4.8 billion during last nine months. more... (DT)

Oil prices review: ECC to take decision in the next meeting

The Economic Coordination Committee (ECC), in its next meeting, is all set to take a decision on oil prices review following a resolution passed by the Parliament switching to monthly prices mechanism instead of weekly determination. more... (ET)

After 18 months, US-Pakistan dialogue on economics, finance to resume

After a gap of 18 months, Pakistan and the United States are set to hold the first meeting of the working group on economics and finance under the US-Pakistan Strategic Dialogue aimed at finding common ground on wide-ranging economic issues.The meeting will be convened in Washington on November 29-30, according to officials of the Ministry of Finance. more... (ET)

‘Pakistan keen to strengthen bilateral trade with Japan’

President Asif Ali Zardari on Tuesday said that Pakistan was looking forward to Japan’s long-term engagement in the development of its agro-industry through land development, high quality seeds, crop farming, cultivation, dairy and fisheries. The president was talking to Japanese Ambassador Hiroshi Oe, who called on him here at the Aiwan-e-Sadr. more... (DT)

 

NAVs and Returns
as of Nov 20, 2012
Funds Offer Redemption
POGSF
10.2175/-
10.2175/-
YTD Return
12.60%
POAIIF
52.7373/-
52.2099/-
YTD Return
8.57%
POAAAF
56.13/-
54.73/-
YTD Return
9.31%
POIAAF
56.68/-
55.26/-
YTD Return
5.12%
POAF
10.84/-
YTD Return
10.16%

 

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

  Oct-12 Sep-12
MoM (%)
AUM's (PKR bn) 406.52 329.52 23.37
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-October 12)
$0.26bn
Remittances
(Jul-October 12)
$1.36bn
Foreign Investment (July-September 12) $183.5mn
CPI Gen. - YoY
(October-12)
7.70%
CPI Gen. - FY13
(July 12- October 12)
8.80%

Commodities
 
WTI (USD/bbl) 86.79
Gold Futures(USD/oz) 1,722.05
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.