BasedLine

Date:24-Dec-2012
KSE-100 Index
 
Previous Index 16,908.02
Current Index 16,865.34
Change % -0.25%
YTD (CY12) 48.62%
YTD (FY13) 22.20%
Volume (mn) 97.47
Capitilization (USDbn) 10.33
FIPI (USDmn)(Daily) -1.26
FIPI (USDmn) (YTD) 158.48

 

KSE-100 Index
Previous Index 29,032.28
Current Index 28,969.97
Change % -0.21%
YTD (CY12) 43.86%
YTD (FY13) 21.84%
Volume (mn) 15.13
Capitilization (USDbn) 5.93

International Indicators
 
Close
%age
BSE-30 19,242.00 -1.09
HANGSENG 22,506.29 -0.68
NIKKEI 225 9,940.06 -0.99
FTSE 5,940.00 --0.31
DJIA 13,190.84 -0.91
SSEC 2,153.31 -0.69
NASDAQ 3,021.01 -0.96

 
Close
%age
TASI 6,890.31 -0.18
KSE(Kuwait) 5,963.11 -0.34
BSE 1,041.92 0.64
MSM 5,700.98 0.06
ADX 2,631.38 0.45
DFM 1,606.92 0.35
QSE 8,422.89 0.23

KIBOR
 
%age
3 Months 9.40
6 Months 9.44
12 Months 9.76

T-Bills
%age
3 Months 9.29
6 Months 9.29
12 Months 9.41

Bonds
 
%age
3-Y PIB 10.44
5-Y PIB 11.01
10-Y PIB 11.55
20-Y PIB 12.12
30-Y PIB 12.23
Capital Market Overview

Weekly Review: Investors cautious as index hovers at record highs

Investors chose the cautious route and stayed on the sidelines for the second week running, as the benchmark Karachi Stock Exchange (KSE)-100 index remained range-bound, but managed to gain 20 points (0.1%) in the week ending December 21. more... (ET)

News Clippings

Crude oil production to be enhanced by 25 percent: Asim

The country's crude oil production would be enhanced by 25 percent to 100,000 barrels per day by the end of March 2013 in order to meet domestic energy needs, said Dr Asim Hussain, Advisor to the Prime Minister on Petroleum and Natural Resources on Sunday. more... (BR)

Gas shortage hits 1.6 billion cubic feet mark

Domestic gas shortage has reached 1.6 billion cubic feet (BCF) per day mark, resulting in closure of thousands of industrial units across the country, a senior official of Petroleum Ministry revealed. The official said that at present Pakistan's total gas production stands at 4.3 BCF against total demand of 6 BCF. more... (BR)

Bill to facilitate tax dispute resolution

A bill seeking to make alternative dispute resolution mode of tax disputes the first choice of taxpayers has been introduced by the Federal Board of Revenue in the National Assembly. Taxpayers would be encouraged to opt for ADR by cutting short the current time consuming process. This will help the tax authorities reach out-of-court settlement of disputes. more... (D)

Reform system or four million will march on capital, Qadri tells govt

Claiming that the present electoral and political system is a sheer violation of the Constitution, Tehrik-e-Minhajul Quran (TMQ) chairman Dr Tahirul Qadri has threatened to lead a protest march on the federal capital if the government fails to begin electoral reforms by January 10, 2013. more... (TN)

Raw Materials: Pak Steel seeks to import iron ore from Iran

The chief executive officer of Pakistan Steel Mills has left for a four-day visit to Iran to discuss and secure supplies of iron ore from a cheap and quick source at a time when the PS desperately needs raw material to give a boost to production. more... (ET)

Global Body: Etisalat Group CEO elected to GSMA board

Etisalat Group Chief Executive Officer Ahmad Abdulkarim Julfar has been elected to the GSM Association (GSMA) board. According to a press release, Julfar joins 24 other CEOs and senior executives reflecting the largest operator groups as well as smaller independent operators with global representation. more... (ET)

 

NAVs and Returns
as of Dec 21, 2012
Funds Offer Redemption
POGSF
10.2708/-
10.2708/-
YTD Return
11.10%
POAIIF
53.0586/-
52.5280/-
YTD Return
8.16%
POAAAF
58.08/-
56.63/-
YTD Return
13.10%
POIAAF
57.77/-
56.33/-
YTD Return
7.15%
POAF
10.90/-
YTD Return
9.19%

 

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) 88.50
Gold Futures(USD/oz) 1,656.55
Cement (Rs./Bag) 455.25
Coal Spot(USD/ton) 90.65
Urea Fertilizer (Rs/bag) 1,689.58
DAP (Rs./bag) 2,520.98
KCA Cotton (Rs/mound) 6,000.00

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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.