BasedLine

Date:07-Jan-2013
KSE-100 Index
 
Previous Index 16,588.54
Current Index 16,648.84
Change % 0.36%
YTD (CY13) -1.52%
YTD (FY13) 20.63%
Volume (mn) 62.00
Capitilization (USDbn) 10.20
FIPI (USDmn)(Daily) -0.64
FIPI (USDmn) (YTD) 149.49

 

KSE-100 Index
Previous Index 28,683.84
Current Index 28,769.07
Change % 0.30%
YTD (CY13) -1.22%
YTD (FY13) 21.00%
Volume (mn) 17.71
Capitilization (USDbn) 5.97

International Indicators
 
Close
%age
BSE-30 19,784.08 0.10
HANGSENG 23,331.09 -0.29
NIKKEI 225 10,659.45 2.54
FTSE 6,089.80 0.70
DJIA 13,435.21 0.33
SSEC 2,276.99 0.35
NASDAQ 3,101.66 0.04

 
Close
%age
TASI 7,004.31 -0.08
KSE(Kuwait) 6,014.41 0.76
BSE 1,064.14 0.18
MSM 5,781.85 0.28
ADX 2,709.10 0.86
DFM 1,694.75 0.75
QSE 8,636.13 0.79

KIBOR
 
%age
3 Months 9.32
6 Months 9.37
12 Months 9.73

T-Bills
%age
3 Months 9.12
6 Months 9.19
12 Months 9.32

Bonds
 
%age
3-Y PIB 10.56
5-Y PIB 11.09
10-Y PIB 11.60
20-Y PIB 12.13
30-Y PIB 12.22
Capital Market Overview

Weekly review: KSE-100 undergoes correction, sheds 294 points

The stock market kicked off the new year on a bearish note with heavy profit-taking at the start of the week as the benchmark KSE-100 index shed 294 points (1.7%) to close at 16,649 during the week ended January 4. more... (ET)

News Clippings

Another bailout package in sight: IMF delegation arrives today

With foreign inflows drying up and worsening balance of payment position, Pakistani authorities, who will start discussions with the International Monetary Fund (IMF) from Monday (today), are likely to float a request for another bailout package. more... (BR)

Rising debt payments: SBP's reserves fall by $1.7 billion in first half

Forex reserves held by the State Bank of Pakistan (SBP) have witnessed a massive decline of $1.7 billion during the first half of the current fiscal year, mainly due to rising debt payments. Sources in the banking sector told Business Recorder that the country's current account deficit was much lower during the first half of the current fiscal year than figures for the same period last fiscal year. more... (BR)

Privatisation process of PSM to begin afresh

Privatisation Commission is said to commence the privatisation process of Pakistan Steel Mills (PSM) afresh as continuous bleeding of scarce financial resources under the guise of Revitalisation is no longer feasible, sources close to Chairman PSM Board told Business Recorder. more... (BR)

Restoration of gas to four urea plants ordered

The government has directed the authorities concerned to workout a plan for restoration of gas supply to the four fertilizer plants on Sui-Northern Gas Pipelines Limited (SNGPL) network immediately, it is learnt. more... (BR)

Cement sales grow 7%, exports lag behind

Cement consumption in the country increased 11% to 2.24 million tons in December 2012, the highest-ever sales for the month, industry people say.However, a slump in exports persisted with overseas shipments declining by 10.55% to 580,000 tons in December.
more... (ET)

Tax exemptions under review

At a time when Pakistan is under pressure to improve its low tax-to-GDP ratio, the government is giving away billions of rupees in tax exemptions to influential lobbies.Almost 84 per cent of tariff and duty rates have either been exempted or reduced for the benefit of special interests through statutory regulatory orders (SROs). more... (D)

NAVs and Returns
as of Jan 04, 2013
Funds Offer Redemption
POGSF
10.3025
10.3025
YTD Return
10.88%
POAIIF
53.1911
52.6592
YTD Return
8.05%
POAAAF
56.77/-
55.35/-
YTD Return
10.55%
POIAAF
57.28/-
55.85/-
YTD Return
6.24%
POAF
10.94
YTD Return
9.16

 

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 $1,250
Reserves
(December 27, 2012)
$13.81bn
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
(December-12)
7.93%
CPI Gen. - FY13
(July 12- December 12)
8.32%

Commodities
 
WTI (USD/bbl) 92.95
Gold Futures(USD/oz) 1,659.75
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

Kindly Click here for PDF Version

(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.