BasedLine

Date:21-Dec-2012
KSE-100 Index
 
Previous Index 16,869.83
Current Index 16,908.02
Change % 0.23%
YTD (CY12) 49.00%
YTD (FY13) 22.51%
Volume (mn) 101.45
Capitilization (USDbn) 10.36
FIPI (USDmn)(Daily) -1.26
FIPI (USDmn) (YTD) 158.48

 

KSE-100 Index
Previous Index 28,976.90
Current Index 29,032.28
Change % 0.19%
YTD (CY12) 44.17%
YTD (FY13) 22.11%
Volume (mn) 24.14
Capitilization (USDbn) 5.94

International Indicators
 
Close
%age
BSE-30 19,453.92 -0.11
HANGSENG 22,659.78 0.16
NIKKEI 225 10,039.33 -1.19
FTSE 5,958.30 -0.06
DJIA 13,311.72 0.45
SSEC 2,168.35 0.28
NASDAQ 3,050.39 0.20

 
Close
%age
TASI 6,888.59 0.44
KSE(Kuwait) 5,983.31 -0.06
BSE 1,035.30 -1.13
MSM 5,697.80 0.04
ADX 2,619.65 0.26
DFM 1,601.39 0.62
QSE 8,442.51 0.42

KIBOR
 
%age
3 Months 9.37
6 Months 9.41
12 Months 9.75

T-Bills
%age
3 Months 9.27
6 Months 9.27
12 Months 9.39

Bonds
 
%age
3-Y PIB 10.45
5-Y PIB 11.00
10-Y PIB 11.54
20-Y PIB 12.11
30-Y PIB 12.22
Capital Market Overview

Index crosses 16,900 level; gains 38.19 points

The Karachi stock market continues to show a bullish trend on Thursday. It was for the first time that the benchmark KSE index closed above 16,900 points level. The index gained 38.19 points to close at 16,908.02 points as compared to 16,869.83 points of the previous session. The index also hit intraday high level of 16,916.63 points and low level of 16,867.60 points. more... (BR)

News Clippings

Money supply expands by 5.74pc in 5 months

Huge government borrowing from the banking system has pushed the growth in the monetary expansion to an alarming level of 5.74 percent during July 1 to December 7, 2012, casting serious concerns over the increased government spending, which ultimately leads to excessive fiscal borrowing and trigger money supply to grow at a faster pace, according to the State Bank of Pakistan (SBP). more... (TN)

Economy still in recession: SBP's development finance review

The country's economy is still in recession with challenges such as energy crisis, decline in investment and poor law & order, said the Sate Bank of Pakistan (SBP) in its quarterly development finance review. more... (BR)

$50 million investment: IFC, ADB become equity holders in KESC

Karachi Electric Supply Company (KESC) has confirmed receiving the investment of $25 million each, from International Finance Corporation (IFC) and Asian Development Bank (ADB), which now makes these two Multilateral Agencies, equity holders in KESC. IFC (a member of the World Bank Group) and ADB have subscribed to additional share capital by converting $50 million of their original $275 million financing facility to the power utility. more... (BR)

Forex reserves decline

The foreign exchange reserves have declined by $166 million to $13.208 billion during the week ended December 20 from $13.374 billion in the previous week, according to the State Bank of Pakistan (SBP on Thursday. more... (TN)

Petroleum imports outweigh major exports in July-Nov

While major exports including textiles, foods, and jewelry earned the country more than $7 billion during July-November 2012, yet only imports of petroleum and its products caused a flight of $6.4 billion, which is so precious for the cash-strapped economy of Pakistan at present. more... (TN)

Expansion plans : TRG decides to get its subsidiary listed on AIM of LSE

TRG Pakistan’s board of directors has decided to list its subsidiary in the Alternative Investment Market (AIM) of the London Stock Exchange (LSE) to honour its market values in shares in line with its future expansion plans in European countries. more... (DT)

 

NAVs and Returns
as of Dec 20, 2012
Funds Offer Redemption
POGSF
10.2699/-
10.2699/-
YTD Return
11.47%
POAIIF
53.0484/-
52.5179/-
YTD Return
8.34%
POAAAF
58.18/-
56.73/-
YTD Return
13.30%
POIAAF
57.87/-
56.42/-
YTD Return
7.30%
POAF
10.90/-
YTD Return
9.42%

 

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 20, 2012)
$13.21bn
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) 89.07
Gold Futures(USD/oz) 1,642.43
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.