BasedLine

Date:03-Dec-2012
KSE-100 Index
 
Previous Index 16,527.08
Current Index 16,573.86
Change % 0.28%
YTD (CY12) 46.06%
YTD (FY13) 20.09%
Volume (mn) 254.89
Capitilization (USDbn) 10.24
FIPI (USDmn)(Daily) 0.09
FIPI (USDmn) (YTD) 165.18

 

KSE-100 Index
Previous Index 28,576.20
Current Index 28,516.64
Change % -0.21%
YTD (CY12) 41.61%
YTD (FY13) 19.94%
Volume (mn) 27.73
Capitilization (USDbn) 5.85

International Indicators
 
Close
%age
BSE-30 19,340.00 0.10
HANGSENG 22,078.00 0.10
NIKKEI 225 9,510.40 0.30
FTSE 5,887.50 0.28
DJIA 13,039.00 0.10
SSEC 1,974.62 0.01
NASDAQ 3,010.24 -0.06

 
Close
%age
TASI 6,708.01 0.30
KSE(Kuwait) 5,942.31 -0.03
BSE 1,047.58 -0.12
MSM 5,556.45 0.41
ADX 2,674.56 1.04
DFM 1,607.90 1.20
QSE 8,358.66 -0.50

KIBOR
 
%age
3 Months 9.49
6 Months 9.54
12 Months 9.86

T-Bills
%age
3 Months 9.33
6 Months 9.40
12 Months 9.48

Bonds
 
%age
3-Y PIB 10.51
5-Y PIB 11.10
10-Y PIB 11.63
20-Y PIB 12.18
30-Y PIB 12.26
Capital Market Overview

Weekly Review: Bourse hits all-time high of 16,574 points

The stock market broke free from its consolidation phase as anticipation of a discount rate cut led to the benchmark KSE-100 index hitting an all-time high of 16,574 points, posting a gain of 2.1%, during the week.The bourse was able to sustain the high volumes witnessed in the previous week and average daily volumes rose by 15% to 292 million shares traded per day. more... (DT)

News Clippings

Development budget: Government breaches limit on release of funds

The Planning Commission has so far released 41% of its annual development budget, resulting in breach of maximum limit set for disbursement of funds in the first half of a fiscal year and has also flouted rules while accommodating projects of Larkana, Multan and Gujar Khan. more... (ET)

Automobile industry: Local carmakers struggle despite restricted imports

They lobbied hard for it. The government caved in and gave them exactly what they wanted. But local car assemblers are still unlikely to see revenues or profits increase substantially, despite the government tightening restrictions on cheaper, imported cars. more... (ET)

Zong, Askari Bank announce branchless banking service

Zong, the country’s fastest growing cellular network, and Askari Bank Limited has announced the launch of ‘Timepey’, a technology-based branchless banking service that will make available a range of banking service to just about everyone, with remarkable convenience and efficiency, particularly for over 90 percent Pakistanis who do not have bank accounts. Timepey is set to give a new meaning altogether to financial inclusion. more... (DT)

Election considerations hold up border trade with India

Pakistan has missed a self-imposed deadline for allowing all tradable items through land routes from India because of stiff resistance from land-owning elite in the federal cabinet.The two countries had agreed in September to open the Wagah border and other land routes for trade in all commodities, including agricultural produce, by the end of October. more... (D)

Ties with Pakistan now on firm grounds: US

US Secretary of State Hillary Clinton and Foreign Minister Hina Rabbani Khar will meet in Brussels on Tuesday on the sidelines of a Nato meeting as the United States and Pakistan rebuild their ties on a firmer footing, says the State Department. more... (D)


IMF urges Pak to reduce budget deficit

The International Monetary Fund on Thursday urged Pakistan to reduce its large budget deficit to bolster the struggling economy's resiliency.Pakistan's growth remains too weak, underlying inflation is high and the trade balance is heading in the wrong direction, the IMF said in a statement. more... (TN)

 

NAVs and Returns
as of Nov 30, 2012
Funds Offer Redemption
POGSF
10.2200/-
10.2200/-
YTD Return
11.80%
POAIIF
52.8422/-
52.3138/-
YTD Return
8.49%
POAAAF
57.93/-
56.48/-
YTD Return
12.80%
POIAAF
57.28/-
55.85/-
YTD Return
6.24%
POAF
10.86/-
YTD Return
9.79%

 

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
(November 16, 2012)
$13.65bn
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) 89.16
Gold Futures(USD/oz) 1,719.00
Cement (Rs./Bag) 451.50
Coal Spot(USD/ton) 83.25
Urea Fertilizer (Rs/bag) 1,678.33
DAP (Rs./bag) 2,642.29
KCA Cotton (Rs/mound) 5,800.00

Kindly Click here for PDF Version

(BR) Business Recorder, (D) Dawn, (ET) Tribune, (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.