BasedLine

Date:06-Dec-2012
KSE-100 Index
 
Previous Index 16,650.15
Current Index 16,675.70
Change % 0.15%
YTD (CY12) 46.95%
YTD (FY13) 20.83%
Volume (mn) 163.64
Capitilization (USDbn) 10.23
FIPI (USDmn)(Daily) 1.46
FIPI (USDmn) (YTD) 165.02

 

KSE-100 Index
Previous Index 28,617.59
Current Index 28,573.86
Change % -0.15%
YTD (CY12) 41.89%
YTD (FY13) 20.18%
Volume (mn) 61.84
Capitilization (USDbn) 5.86

International Indicators
 
Close
%age
BSE-30 19,391.86 0.23
HANGSENG 22,270.91 2.16
NIKKEI 225 9,468.84 0.39
FTSE 5,892.08 0.39
DJIA 13,034.49 0.64
SSEC 2,025.33 -0.45
NASDAQ 2,973.70 -0.77

 
Close
%age
TASI 6,729.19 0.19
KSE(Kuwait) 5,874.68 -0.55
BSE 1,041.72 -0.50
MSM 5,587.78 0.42
ADX 2,677.97 0.09
DFM 1,610.76 -0.04
QSE 8,336.37 -0.21

KIBOR
 
%age
3 Months 9.43
6 Months 9.48
12 Months 9.84

T-Bills
%age
3 Months 9.25
6 Months 9.30
12 Months 9.41

Bonds
 
%age
3-Y PIB 10.40
5-Y PIB 10.98
10-Y PIB 11.55
20-Y PIB 12.12
30-Y PIB 12.22
Capital Market Overview

Pakistani stocks hit fresh record high, rupee firmsKSE tests news highs as index gains 26 points

The Karachi stock market continued to make new highs on Wednesday as November’s low consumer price index (CPI) inflation raised hopes that there would be another rate cut in the State Bank’s monetary policy announcement. The Karachi Stock Exchange (KSE) 100-share index gained 25.55 points or 0.15 percent to close at 16,675.70 points. more... (DT)

News Clippings

SBP extends validity of refinance schemes, facilities

The State Bank of Pakistan (SBP) has extended the expiry date of the Refinance Facility for Modernisation of Small and Medium Enterprises (SMEs), Refinance Scheme for Revitalisation of SMEs in Khyber Pakhtunkhwa (KPK), Gilgit-Baltistan (GB) and the Federally Administered Tribal Area (FATA), Financing Facility for Storage of Agricultural Produce (FFSAP) and Agri Loans Refinancing and Guarantee Scheme for War Affected Areas of KPK and FATA by one year. more... (DT)

Impact of rising dollar : IMF’s SBA loan repayment increases by 20 percent

Pakistan has to repay 20 percent more to the International (IMF) under Stand-by Arrangement (SBA) facility on back of sinking rupee against the dollar since the last four years, currency experts said on Wednesday.Sources in the Ministry of Finance (MoF) said Pakistan till November 2012 had repaid IMF around $2.30 billion out of a total loan of $7.10 billion, which the country acquired in 2008 after fragile economic conditions and for supporting the economy. more... (DT)

Peace process: Pakistan, India to operationalise visa regime next week

Pakistan and India will operationalise the landmark visa accord, signed in September, next week – a move that should help deliver tangible results of a nascent peace process between the arch rivals that had stalled following the 2008 Mumbai attacks.After receiving an invitation from the Indian government, officials in Islamabad were optimistic that the ‘liberalised’ visa agreement would be operationalised during Interior Minister Rehman Malik’s visit to New Delhi on December 11-13. more... (ET)

International Strengthening Fund approves Rs632mn for MFBs/MFIs

Deputy Governor, State Bank of Pakistan (SBP), Kazi Abdul Muktadir said here on Wednesday that the International Strengthening Fund (ISF) has so far approved Rs 632 million for 13 microfinance providers including top and middle tier Micro Finance Banks (MFBs) and Micro Finance Institutions (MFIs). more... (BR)

Hammering out issues hampering trade

Tehran is to review trade policies related to Pakistan later this month in a conference to hammer out all issues hampering trade and boost bilateral trade, a top Iranian official said on Wednesday. more... (DT)


Fauji Foundation sells 330m Fauji Cement stock

The Fauji Cement offer of 638 million right shares, to shareholders at discount of 50 per cent (at Rs5 for the par value of Rs10) may have now brought windfalls for the parent company– Fauji Foundation.The offer at 92 per cent was to be subscribed or renunciated by the shareholders by June 20, 2011. It was hugely under-subscribed. Figures available show that the individual shareholders opted for only 14,000 shares, paying Rs572,000. more... (D)

 

NAVs and Returns
as of Dec 05, 2012
Funds Offer Redemption
POGSF
10.2401/-
10.2401/-
YTD Return
11.89%
POAIIF
52.8930/-
52.3641/-
YTD Return
8.45%
POAAAF
57.65/-
56.21/-
YTD Return
12.26%
POIAAF
57.10/-
55.67/-
YTD Return
5.90%
POAF
10.83/-
YTD Return
8.92%

 

Funds Rating
AMC
AM3
POAIIF
AA-(f)
POAF
A+ (f)
POAAAF
2 Star
POIAAF
4 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) 88.80
Gold Futures(USD/oz) 1,702.20
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

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(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.