BasedLine

Date:19-Dec-2012
KSE-100 Index
 
Previous Index 16,801.02
Current Index 16,858.68
Change % 0.34%
YTD (CY12) 48.57%
YTD (FY13) 22.15%
Volume (mn) 76.05
Capitilization (USDbn) 10.33
FIPI (USDmn)(Daily) 1.42
FIPI (USDmn) (YTD) 159.29

 

KSE-100 Index
Previous Index 28,873.45
Current Index 28,822.02
Change % 0.02%
YTD (CY12) 43.12%
YTD (FY13) 21.22%
Volume (mn) 31.11
Capitilization (USDbn) 5.90

International Indicators
 
Close
%age
BSE-30 19,364.75 0.63
HANGSENG 22,494.70 -0.08
NIKKEI 225 9,923.01 0.96
FTSE 5,935.90 0.40
DJIA 13,350.96 0.87
SSEC 2,162.46 0.10
NASDAQ 3,054.53 1.46

 
Close
%age
TASI 6,858.24 -0.19
KSE(Kuwait) 5,985.44 0.49
BSE 1,048.73 0.24
MSM 5,672.93 0.50
ADX 2,611.35 0.02
DFM 1,589.48 -0.13
QSE 8,350.74 0.18

KIBOR
 
%age
3 Months 9.36
6 Months 9.40
12 Months 9.73

T-Bills
%age
3 Months 9.24
6 Months 9.27
12 Months 9.36

Bonds
 
%age
3-Y PIB 10.41
5-Y PIB 10.97
10-Y PIB 11.49
20-Y PIB 12.09
30-Y PIB 12.22
Capital Market Overview

Pakistani stocks rise, rupee strengthens

Pakistani stocks closed higher Tuesday as investors remained hopeful that the national saving rate will be reduced soon, dealers said.The Karachi Stock Exchange’s (KSE) benchmark 100-index closed at 16,858.68 higher, 0.34 per cent or 57.66 points. more... (D)

News Clippings

Current account balance turns into $365m deficit

The current account balance failed to sustain its surplus position as it turned into a deficit of $365 million in the first five months of current financial year 2012-13 due to trade imbalance and lower inflows of foreign reserves, State Bank of Pakistan (SBP) stated on Tuesday. more... (DT)

Japanese auto industry investors shifting focus to Pakistan: envoy

Huge potential exists between Pakistan and Japan to further strengthen economic ties as Pakistan offers a big market for investment in different sectors and hoped the Japanese companies would tap this potential. more... (DT)

Growth rate of 7 to 8% achievable: Burki

There are a number of positive features in Pakistani economy, which if incorporated in the growth equation, can pull the country back from economic stagnation and set it on a plane of high and sustainable rate of gross domestic product growth. Pakistan, if managed properly, can achieve a growth rate of 7.0 percent to 8.0 percent in the next three to five years.Former World Bank VP and former caretaker finance minister of Pakistan Renowned Economist Shahid Javed Burki expressed these views. more... (DT)

Gas consumers: MoP all set to impose DDS

The Ministry of Petroleum is all set to impose District Development Surcharge (DDS) @ Rs 15 per Million British Thermal Unit (mmbtu) on all gas consumers with an objective to utilise the fund on the development of gas producing areas. more... (BR)

PAC briefed on 'SRO culture': frequent policy shifts impeding FDI

The government has admitted before the Public Accounts Committee (PAC) that inconsistency in policy was a major hurdle towards foreign direct investment, as frequent changes in policy were sending negative signals to investors. more... (BR)


Continuation of economic policies: Zardari seeks business community's cooperation

President Asif Ali Zardari Tuesday said that the government was alive to the problems being faced by the business community and industry, including energy crisis and was pursuing various corrective measures to meet the challenges. He sought the business community's co-operation and support for ensuring continuity of economic policies being pursued in the country. more... (BR)

 

NAVs and Returns
as of Dec 18, 2012
Funds Offer Redemption
POGSF
10.2674/-
10.2674/-
YTD Return
11.55%
POAIIF
53.0280/-
52.4977/-
YTD Return
8.36%
POAAAF
58.21/-
56.75/-
YTD Return
13.34%
POIAAF
57.71/-
56.27/-
YTD Return
7.04%
POAF
10.89/-
YTD Return
9.43%

 

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

  Nov-12 Oct-12
MoM (%)
AUM's (PKR bn) 443.35 406.52 9.06
No of AMCs 25 25 -
No of Funds 177 175 1.14

Economic Highlights
 
GDP Growth FY12 3.70%
Per Capita Income $1,372
Reserves
(December 07, 2012)
$13.37bn
Trade Deficit
(July-November 12)
$(8.16)bn
Curr. A/C
(July-November 12)
$(365)mn
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) 87.93
Gold Futures(USD/oz) 1,675.05
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.