BasedLine

Date:01-Jan-2013
KSE-100 Index
 
Previous Index 16,943.19
Current Index 16,905.33
Change % -0.22%
YTD (CY12) 48.98%
YTD (FY13) 22.49%
Volume (mn) 106.17
Capitilization (USDbn) 10.36
FIPI (USDmn)(Daily) 1.07
FIPI (USDmn) (YTD) 152.51

 

KSE-100 Index
Previous Index 29,231.02
Current Index 29,125.55
Change % -0.36%
YTD (CY12) 44.63%
YTD (FY13) 22.50%
Volume (mn) 29.77
Capitilization (USDbn) 5.96

International Indicators
 
Close
%age
BSE-30 19,246.71 -1.02
HANGSENG 22,656.92 -0.04
NIKKEI 225 10,395.18 0.70
FTSE 5,897.80 -0.47
DJIA 13,104.14 1.28
SSEC 2,269.13 1.61
NASDAQ 3,019.51 2.00

 
Close
%age
TASI 6,801.22 -0.34
KSE(Kuwait) 5,934.28 -0.22
BSE 1,065.61 -0.79
MSM 5,760.84 0.54
ADX 2,630.86 0.15
DFM 1,622.53 -0.40
QSE 8,358.94 0.71

KIBOR
 
%age
3 Months 9.31
6 Months 9.38
12 Months 9.75

T-Bills
%age
3 Months 9.10
6 Months 9.15
12 Months 9.30

Bonds
 
%age
3-Y PIB 10.39
5-Y PIB 11.01
10-Y PIB 11.48
20-Y PIB 12.11
30-Y PIB 12.21
Capital Market Overview

Pakistani stocks gain 49 per cent during 2012

Pakistani stocks closed lower on Monday, although the market gained 49 per cent during 2012 and crossed 17,000 points for the first time.The Karachi Stock Exchange’s (KSE) benchmark 100-share index ended 0.22 per cent, or 37.86 points, lower at 16,905.33. more... (D)

News Clippings

July-November services deficit narrows down by 79 percent

The country's services trade deficit narrowed down by 79 percent to $249 million during the first five months of current fiscal year with the support of rising foreign inflows. "Despite some deficit, services trade statistics are still very encouraging as overall deficit is less than that of the same period of last fiscal year. At the same time exports are rising and import are on decline," economists said. more... (BR)

Gas tariff increased by 6.14pc

The federal government increased the natural gas tariff on Monday by 6.14 per cent for all consumers with immediate effect. The average increase works out at Rs28.28 per unit.This will yield an additional revenue of about Rs11.5 billion to two gas companies — Rs9.5 billion to SNGPL and Rs2 billion to SSGCL. more... (D)

Power supply to textile mills restored

Electricity supply to textile industry has been restored following the directives of the prime minister after its 11-day suspension. Meanwhile, the labours are also expecting the restoration of gas supply. more... (TN)

2012: oil, gas sector's performance unsatisfactory

Pakistan's oil and gas sector's performance during the outgoing year 2012 remained unsatisfactory and the Petroleum Ministry remained unable to utilise nearly 8,00 million cubic feet per day (MMCFD) already discovered gas. The government time and again increased the price of petroleum products, natural gas and LPG for all sectors to meet rising expenditures reflective of escalating international fuel prices as well as poor governance. more... (BR)

Heading back to the IMF

In the backdrop of macroeconomic instability, the writing on the wall is that Pakistan is left with no choice but to resort to the International Monetary Fund to seek fresh bailout package in 2013. more... (TN)

Energy crisis worsens

Pakistan's energy crisis has worsened in 2012-13. Finance Ministry claims that it paid Rs 1.4 trillion to the power sector during the last four years but there is no let-up in energy crisis. Textile industry representatives directly hold Secretary Water and Power, Nargis Sethi responsible for this crisis. more... (BR)

NAVs and Returns
as of Dec 31, 2012
Funds Offer Redemption
POGSF
10.3001/-
10.3001/-
YTD Return
11.07%
POAIIF
53.1531/-
52.6216/-
YTD Return
8.08%
POAAAF
58.51/-
57.05/-
YTD Return
13.90%
POIAAF
57.66/-
56.22/-
YTD Return
6.94%
POAF
10.93/-
YTD Return
9.17%

 

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) 91.82
Gold Futures(USD/oz) 1,675.80
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.