BasedLine

Date:13-Dec-2012
KSE-100 Index
 
Previous Index 16,701.69
Current Index 16,744.60
Change % 0.26%
YTD (CY12) 47.56%
YTD (FY13) 21.33%
Volume (mn) 69.44
Capitilization (USDbn) 10.26
FIPI (USDmn)(Daily) 1.12
FIPI (USDmn) (YTD) 167.13

 

KSE-100 Index
Previous Index 28,570.09
Current Index 28,693.96
Change % 0.43%
YTD (CY12) 42.49%
YTD (FY13) 20.68%
Volume (mn) 31.19
Capitilization (USDbn) 5.88

International Indicators
 
Close
%age
BSE-30 19,330.53 -0.31
HANGSENG 22,442.71 -0.01
NIKKEI 225 9,742.73 1.51
FTSE 5,945.85 0.35
DJIA 13,245.45 -0.02
SSEC 2,072.42 -0.08
NASDAQ 3,013.84 -0.28

 
Close
%age
TASI 6,769.96 0.10
KSE(Kuwait) 5,937.59 0.09
BSE 1,046.55 0.19
MSM 5,650.85 0.03
ADX 2,591.34 -0.47
DFM 1,587.45 -0.09
QSE 8,345.97 0.14

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

T-Bills
%age
3 Months 9.27
6 Months 9.26
12 Months 9.36

Bonds
 
%age
3-Y PIB 10.35
5-Y PIB 10.92
10-Y PIB 11.44
20-Y PIB 12.13
30-Y PIB 12.22
Capital Market Overview

Oil, cement scrips keep market in green, Index gains 43 points

The Karachi Stock Exchange (KSE) 100-share index gained 42.91 points or 0.26 percent to close at 16,744.60 points as compared to 16,701.69 points of the previous session. The KSE 30-share index was up by 8.21 points to close at 13,550.23 points as compared with 13,542.02 points of the previous session. more... (DT)

News Clippings

Stock Exchanges (corporatisation, Demutualization and Integration) Act, 2012: Cabinet gives approval to amendments

The federal Cabinet presided over by Prime Minister Raja Pervez Ashraf on Wednesday gave its approval to amendments in the Stock Exchanges (corporatisation, Demutua-lization and Integration) Act, 2012. more... (BR)

Foreign exchange regulation bill tabled in National Assembly

The government on Wednesday introduced "The Foreign Exchange Regulation (Amendment) Bill, 2012" to empower State Bank of Pakistan (SBP) to impose penalties on violators of law along with effective enforcement powers to regulate foreign exchange business of banks and exchange companies. more... (BR)

No cut in policy rate in sight

The State Bank of Pakistan is expected to wait and see the firm numbers that Islamabad provides to the International Monetary Fund next month, to address the fiscal side which at present appears to be out of control. Fiscal deficit at 8.5 percent is said to be unsustainable. more... (BR)

Trade deficit down by 9.93 percent in July-November

The country trade deficit has narrowed by 9.93 percent in July-November 2012 as compared to the corresponding period of last year, according to Pakistan Bureau of Statistics. Provisional trade figures released by the PBS showed that the trade deficit has declined to $8.168 billion in July-November 2012 as compared to $9.069 billion after a 7.85 percent increase in exports and 0.91 percent decrease in imports. more... (BR)

Local auto sales remain sluggish in Jul-Nov ’12-13

Pakistan locally manufactured car sales (including LCVs, Vans and Jeeps) during July-November 2012-13 have declined by 31 percent to 49,092 units compared to 70,727 units in same period last year. more... (DT)


Low interest rate may hamper growth of remittances: experts

Experts said low interest rate could slightly hamper the growth of workers’ remittances. As remittances are an important and stable source of foreign exchange inflows than direct and portfolio investments for Pakistan, they are of the view that if the State Bank of Pakistan (SBP) continues with its soft monetary policy stance, then it seems that the overseas Pakistanis will be reluctant to transfer their accumulated savings to the country. more... (TN)

 

NAVs and Returns
as of Dec 12, 2012
Funds Offer Redemption
POGSF
10.2485/-
10.2485/-
YTD Return
11.79%
POAIIF
52.9662/-
52.4365/-
YTD Return
8.40%
POAAAF
57.41/-
55.97/-
YTD Return
11.78%
POIAAF
56.98/-
55.56/-
YTD Return
5.69%
POAF
10.88/-
YTD Return
9.57%

 

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-November 12)
$(8.16)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) 86.60
Gold Futures(USD/oz) 1,699.90
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.