BasedLine

Date:28-Dec-2012
KSE-100 Index
 
Previous Index 16,927.34
Current Index 16,892.32
Change % -0.21%
YTD (CY12) 48.86%
YTD (FY13) 22.40%
Volume (mn) 76.29
Capitilization (USDbn) 10.35
FIPI (USDmn)(Daily) -1.35
FIPI (USDmn) (YTD) 155.71

 

KSE-100 Index
Previous Index 29,152.99
Current Index 29,097.90
Change % -0.19%
YTD (CY12) 44.49%
YTD (FY13) 22.38%
Volume (mn) 9.72
Capitilization (USDbn) 5.96

International Indicators
 
Close
%age
BSE-30 19,323.80 -0.48
HANGSENG 22,619.78 0.35
NIKKEI 225 10,322.98 0.91
FTSE 5,954.30 0.00
DJIA 13,096.31 -0.14
SSEC 2,205.90 -0.60
NASDAQ 2,985.91 -0.14

 
Close
%age
TASI 6,866.71 0.03
KSE(Kuwait) 5,941.56 -0.15
BSE 1,063.92 1.16
MSM 5,685.66 0.31
ADX 2,625.51 0.26
DFM 1,610.84 0.44
QSE 8,311.22 -0.19

KIBOR
 
%age
3 Months 9.38
6 Months 9.42
12 Months 9.76

T-Bills
%age
3 Months 9.20
6 Months 9.18
12 Months 9.33

Bonds
 
%age
3-Y PIB 10.39
5-Y PIB 11.01
10-Y PIB 11.51
20-Y PIB 12.11
30-Y PIB 12.21
Capital Market Overview

Market watch: Investors bank profits in muted session

The Karachi Stock Exchange’s (KSE) benchmark 100-share index shed 0.21% or 35.02 points to end at the 16,892.32 points level. Trade volumes, however, improved to 152 million shares compared with Wednesday’s tally of 113 million shares. The value of shares traded during the day was Rs2.87 billion. more... (ET)

News Clippings

$700m CSF arrears expected in 1st week of January

Pakistan is expecting $700 million arrears of Coalition Support Fund (CSF) from United States (US) in first week of January 2013, a senior official at the Ministry of Finance informed on Thursday.Pakistan had filed a claim worth $2.5 billion to US and $1.2 billion as first tranche has been received and with the disbursement of further $700 million in January 2013, total arrears would come down to just $600 million. more... (DT)

Banking spreads reach 43-months low level

The weighted average banking sector spreads have clocked in at 6.67 percent in November, down 86 basis points (bps) on yearly basis and 10 bps on monthly basis - the lowest spread level since July 2005.The banking spreads have stood at averaged 7.07 percent in 11 months of 2012 as against 7.64 percent for the same period of previous year. more... (DT)

Energy crisis: Circular debt is going down, but not for the right reasons

The good news is that circular debt in the energy sector is going down. The bad news is that it is doing so for all the wrong reasons.It appears that the government is paying out what it owes in subsidy payments. more... (ET)

Forex reserves climb to $13.37bn

Pakistan’s foreign exchange reserves rose by $170 million to $13.378 billion during the week ended December 21 from $13.208 billion in the previous week, according to the State Bank of Pakistan (SBP) on Thursday. more... (TN)

Ministry, Ogra clash over recovery of Rs11bn from consumers

The ministry of petroleum and the Oil and Gas Regulatory Authority (Ogra) are at loggerheads over recovery of Rs11 billion on account of pilfered gas in Khyber Pakhtunkhwa and Balochistan from honest consumers of Punjab and Sindh. more... (D)

NSS deposits jump by 290pc

Falling interest rate has diverted deposits from banks to National Saving Schemes as it amassed huge sums in five months, more than the deposits mobilised during the fiscal year 2011-12. more... (D)

NAVs and Returns
as of Dec 27, 2012
Funds Offer Redemption
POGSF
10.2896/-
10.2896/-
YTD Return
11.11%
POAIIF
53.1175/-
52.5863/-
YTD Return
8.12%
POAAAF
57.65/-
56.21/-
YTD Return
12.26%
POIAAF
57.52/-
56.08/-
YTD Return
6.68%
POAF
10.92/-
YTD Return
9.25%

 

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 21, 2012)
$13.38bn
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) 91.34
Gold Futures(USD/oz) 1,662.73
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.