BasedLine

Date:12-Dec-2012
KSE-100 Index
 
Previous Index 16,787.54
Current Index 16,701.69
Change % -0.51%
YTD (CY12) 47.18%
YTD (FY13) 21.01%
Volume (mn) 78.86
Capitilization (USDbn) 10.25
FIPI (USDmn)(Daily) 1.12
FIPI (USDmn) (YTD) 167.13

 

KSE-100 Index
Previous Index 28,617.13
Current Index 28,570.09
Change % -0.16%
YTD (CY12) 41.87%
YTD (FY13) 20.16%
Volume (mn) 21.83
Capitilization (USDbn) 5.86

International Indicators
 
Close
%age
BSE-30 19,390.66 -0.94
HANGSENG 22,441.66 0.55
NIKKEI 225 9,597.48 0.95
FTSE 5,924.97 0.06
DJIA 13,248.44 0.60
SSEC 2,072.03 -0.16
NASDAQ 3,022.30 1.18

 
Close
%age
TASI 6,763.12 0.31
KSE(Kuwait) 5,923.07 0.19
BSE 1,044.53 -0.07
MSM 5,624.58 -0.33
ADX 2,617.22 -2.55
DFM 1,588.87 -1.52
QSE 8,333.99 -0.09

KIBOR
 
%age
3 Months 9.43
6 Months 9.49
12 Months 9.84

T-Bills
%age
3 Months 9.27
6 Months 9.30
12 Months 9.40

Bonds
 
%age
3-Y PIB 10.36
5-Y PIB 10.93
10-Y PIB 11.45
20-Y PIB 12.13
30-Y PIB 12.23
Capital Market Overview

Pakistani stocks steady ahead of monetary policy decisionPakistani stocks, rupee ease ahead of monetary policy announcement

Pakistani stocks eased lower on Tuesday, pressured by a drop in shares of cement and gas companies, dealers said.The Karachi Stock Exchange’s (KSE) benchmark 100-index closed at 16,701.69 points, down 0.51 per cent or 85.85 points from the previous session. The market hit a record high of 16,903.46 on Friday. more... (D)

News Clippings

ADB provides grant to promote Islamic banking in Pakistan

The Asian Development Bank (ADB) has provided a $750,000 grant to promote Islamic banking in Indonesia, Pakistan, Bangladesh and Afghanistan.The money will be shared between those countries’ governments to help their banking systems to meet regulatory standards set by the Islamic Financial Services Board, the ADB said. more... (D)

Pakistan ready to act against safe havens: US

Pakistan has signalled its readiness to deal with terrorists operating within its borders as well as with those who cross over to Afghanistan, US Defence Secretary Leon Panetta said on Tuesday. more... (D)

‘Petroleum Policy 2012 offers level-playing field for E&P cos’

Petroleum policy 2012 is one of the paramount since it offers level playing field for Exploration and Production (E&P) companies, both local and international ones. more... (DT)

Effective from January 1, 2013 : OGRA recommends increase in gas tariff for all consumer

Oil and Gas Regulatory Authority (OGRA) has recommended substantial increase in gas tariffs for industries, fertilizer factories, powerhouses, CNG and the domestic customers effective from January 1, 2013.According to the OGRA recommendations, the tariff for domestic customers using gas up to 100 units per month could increase by Rs 6 to Rs 14 per MMBTU, up to 300 units by Rs 12 to Rs 28 and those using gas more than 300 units by Rs 30 per MMBTU. more... (DT)

Rs700m released for clearing passport backlog

The finance division has released Rs 700 million to the Printing Corporation of Pakistan (PCP) in order to clear a backlog of 380,000 passports.Sources said Interior Minister Rehman Malik had himself ensured the release of funds for procurement of material required for the printing of passports. more... (D)


Cash recovery against NPLs down 40 percent

The banking sector's cash recovery against Non-Performing Loans (NPLs) posted a notable fall of 40 percent during the third quarter of Calendar Year 2012 (CY12) as compared to second quarter mainly due to economic slowdown. Although, NPLs of banking sector are on decline during the period under review, at the same time cash recovery is also on a slow track. NPLs mean loans, whose mark-up/interest or principal is overdue by 90 days or more from the due date. more... (BR)

 

NAVs and Returns
as of Dec 11, 2012
Funds Offer Redemption
POGSF
10.2553/-
10.2553/-
YTD Return
11.71%
POAIIF
52.9560/-
52.4264/-
YTD Return
8.41%
POAAAF
57.22/-
55.79/-
YTD Return
11.42%
POIAAF
56.89/-
55.47/-
YTD Return
5.52%
POAF
10.88/-
YTD Return
9.58%

 

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) 85.89
Gold Futures(USD/oz) 1,710.11
Cement (Rs./Bag) 451.50
Coal Spot(USD/ton) 90.65
Urea Fertilizer (Rs/bag) 1,678.33
DAP (Rs./bag) 2,520.98
KCA Cotton (Rs/mound) 5,850.00

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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.