BasedLine

Date:11-Dec-2012
KSE-100 Index
 
Previous Index 16,807.91
Current Index 16,787.54
Change % -0.22%
YTD (CY12) 47.94%
YTD (FY13) 21.64%
Volume (mn) 111.52
Capitilization (USDbn) 10.30
FIPI (USDmn)(Daily) 1.12
FIPI (USDmn) (YTD) 167.13

 

KSE-100 Index
Previous Index 28,780.76
Current Index 28,617.13
Change % -0.57%
YTD (CY12) 42.11%
YTD (FY13) 20.36%
Volume (mn) 38.95
Capitilization (USDbn) 5.87

International Indicators
 
Close
%age
BSE-30 19,574.57 0.77
HANGSENG 22,320.00 0.58
NIKKEI 225 9,506.88 -0.22
FTSE 5,921.63 0.12
DJIA 13,169.88 0.11
SSEC 2,075.25 0.17
NASDAQ 2,986.96 0.30

 
Close
%age
TASI 6,741.93 -0.61
KSE(Kuwait) 5,911.94 0.08
BSE 1,045.27 0.15
MSM 5,643.46 -0.07
ADX 2,685.57 -0.17
DFM 1,613.47 0.05
QSE 8,341.86 -0.15

KIBOR
 
%age
3 Months 9.44
6 Months 9.50
12 Months 9.85

T-Bills
%age
3 Months 9.27
6 Months 9.31
12 Months 9.41

Bonds
 
%age
3-Y PIB 10.38
5-Y PIB 10.95
10-Y PIB 11.49
20-Y PIB 12.14
30-Y PIB 12.23
Capital Market Overview

Pakistani stocks steady ahead of monetary policy decision

Pakistani stocks steadied near 16,800 points on Monday, ending a four session streak of record highs, as traders awaited this week’s central bank decision on monetary policy, dealers said.The Karachi Stock Exchange’s (KSE) benchmark 100-index closed at 16,787.54 points, down 0.12 per cent or 20.37 points. The market hit a record high of 16,903.46 during intraday trading on Friday. more... (D)

News Clippings

Rs656bn tax relief for firms in 4 years

The government has granted a whopping relief of Rs656 billion in customs duties, income tax and sales taxes to both public and private sector companies over the past four years. more... (D)

Overseas Pakistanis remit over $5.98bn in 5mths of FY13

Overseas Pakistanis remitted an amount of $5,982.04 million in the first five months (July to November) of the current fiscal year 2012-13 (FY13), showing a growth of 14.16 percent or $742.05 million when compared with $5,239.99 million received during the same period of the last fiscal year (July to November FY12). more... (DT)

Govt collects more revenue from auto industry than estimated

Contradicting the Federal Board of Revenue’s (FBR) claim of revenue loss of Rs 17 billion due to cut in age limit of import of used cars, the auto industry has pointed out that loss linked to unabated arrival of used cars is more colossal. more... (DT)

Garments exporters’ Rs 12bn refund claims stuck with govt

Refund claims to the tune of Rs 12 billion of garments exporters have remained stuck with the government against DLT (drawbacks on local taxes and levies). more... (DT)

Fall in use of POL products surprises govt

Despite a prolonged CNG crisis and power shortages, the consumption of major petroleum products has started declining in the country, indicating a marked slowdown in economic activities. more... (D)


OPEC meets to decide oil output targets, discuss new head

OPEC gathers in Vienna this week for a ministerial meeting to decide on the cartel’s oil production ceiling, as a predicted drop in demand risks weighing on high crude prices despite Middle East unrest.The Organization of Petroleum Exporting Countries, which pumps out 35 per cent of the world’s oil, may also finally decide on a new head after a vote to appoint a successor to OPEC Secretary-General Abdullah El-Badri was postponed in June. more... (D)

 

NAVs and Returns
as of Dec 10, 2012
Funds Offer Redemption
POGSF
10.2520/-
10.2520/-
YTD Return
11.79%
POAIIF
52.9503/-
52.4208/-
YTD Return
8.44%
POAAAF
57.70/-
56.26/-
YTD Return
12.36%
POIAAF
57.15/-
55.72/-
YTD Return
5.99%
POAF
10.88/-
YTD Return
9.59%

 

Funds Rating
AMC
AM3
POAIIF
AA-(f)
POAF
A+ (f)
POAAAF
2 Star
POIAAF
4 Star
POGSF
AA(f)

  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 30, 2012)
$13.56bn
Trade Deficit
(July-October 12)
$(6.44)bn
Curr. A/C
(July-October 12)
$0.26bn
Remittances
(Jul-November 12)
$5.98bn
Foreign Investment (July-September 12) $183.5mn
CPI Gen. - YoY
(November-12)
6.93%
CPI Gen. - FY13
(July 12- November 12)
8.40%

Commodities
 
WTI (USD/bbl) 85.39
Gold Futures(USD/oz) 1,708.22
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.