BasedLine

Date:16-Jan-2013
KSE-100 Index
 
Previous Index 16,633.18
Current Index 16,107.89
Change % -3.16%
YTD (CY13) -4.72%
YTD (FY13) 16.71%
Volume (mn) 170.14
Capitilization (USDbn) 9.87
FIPI (USDmn)(Daily) -0.12
FIPI (USDmn) (YTD) 158.77

 

KSE-100 Index
Previous Index 28,732.43
Current Index 27,997.61
Change % -2.56%
YTD (CY13) -3.87%
YTD (FY13) 17.75%
Volume (mn) 37.29
Capitilization (USDbn) 5.81

International Indicators
 
Close
%age
BSE-30 19,986.82 0.40
HANGSENG 23,333.77 -0.36
NIKKEI 225 10,879.08 0.72
FTSE 6,117.30 0.15
DJIA 13,534.89 0.20
SSEC 2,325.68 0.60
NASDAQ 3,110.78 -0.22

 
Close
%age
TASI 7,018.52 -0.98
KSE(Kuwait) 6,106.91 -0.04
BSE 1,073.77 0.09
MSM 5,836.79 -0.25
ADX 2,769.60 0.26
DFM 1,734.62 -0.06
QSE 8,533.05 -1.23

KIBOR
 
%age
3 Months 9.31
6 Months 9.36
12 Months 9.70

T-Bills
%age
3 Months 9.14
6 Months 9.17
12 Months 9.26

Bonds
 
%age
3-Y PIB 10.49
5-Y PIB 11.10
10-Y PIB 11.68
20-Y PIB 12.17
30-Y PIB 12.25
Capital Market Overview

KSE crashes 525 pts on arrest warrant against PM

The Karachi stock market crashed by more than 500 points for the fourth time in its history on Tuesday as investors squared their holdings after the Supreme Court issued arrest warrant against Prime Minister Raja Pervez Ashraf in rental power plants corruption case. The Karachi Stock Exchange (KSE) 100-share index shed 525.29 points or 3.16 percent to close at 16,107.89 points. more... (DT)

News Clippings

FDI witnesses modest growth of 6 percent in first half of FY13

Foreign direct investment (FDI) and foreign portfolio investment (FPI) witnessed growth in the first half of current financial year by 6.0 percent and 216 percent, respectively, State Bank of Pakistan (SBP) data stated on Tuesday, due to modest inflows of capitals in the real sectors and stock markets by investors of different countries. more... (DT)

Liquidity risks: SBP asks banks, DFIs to report gaps

The State Bank of Pakistan (SBP) asked all banks and development financial institutions (DFIs) to report the maturity gaps of all assets and liabilities based on ‘contractual maturities’, in addition to the reporting based on ‘expected maturities’ to further enhance disclosures on liquidity risk. more... (ET)

Trade deficit narrows by 14%

In a positive development, the country’s trade deficit decreased by 14 percent during the first half of the current fiscal year as exports expanded by 7.58 percent and imports witnessed negative growth of 3.33 percent. more... (DT)

Ministry refuses guarantees to Engro coal mining firm

The Ministry of Finance has turned down the demand for sovereign guarantees made by Engro Corporation for loans of $3 billion it is seeking from banks for developing a Thar coal mining project. more... (ET)

'Long march' causing Rs one billion loss per day: FBR

The Federal Board of Revenue is daily suffering a revenue loss of roughly Rs 1 billion in the federal capital alone following complete closure of business and trading activities due to long-march of Tehreek-e-Minhajul Quran led by Dr Tahirul Qadri. Sources told Business Recorder here on Tuesday that the revenue loss may cross Rs 3 billion on January 16 in case shutdown of business centers of Islamabad continues on Wednesday. more... (BR)

IMF fears fiscal deficit may reach seven percent of GDP: technical-level talks end

The technical-level talks between International Monetary Fund (IMF) and Pakistani authorities concluded here on Tuesday with IMF expressing serious concern over the government's failure to implement reforms in the power sector and broaden tax revenue, informed sources told Business Recorder. more... (BR)

NAVs and Returns
as of Jan15, 2013
Funds Offer Redemption
POGSF
10.3242/-
10.3242/-
YTD Return
10.68%
POAIIF
53.2955/-
52.7625/-
YTD Return
7.97%
POAAAF
55.49/-
54.10/-
YTD Return
8.05%
POIAAF
55.08/-
53.70/-
YTD Return
2.15%
POAF
10.97/-
YTD Return
9.07%

 

Funds Rating
AMC
AM3
POAIIF
AA-(f)
POAF
A+ (f)
POAAAF
2 Star
POIAAF
4 Star
POGSF
AA(f)

  Dec-12 Nov-12
MoM (%)
AUM's (PKR bn) 334.82 443.35 (24.47)
No of AMCs 25 25 -
No of Funds 177 177 -

Economic Highlights
 
GDP Growth FY12 3.70%
Per Capita Income $1,250
Reserves
(January 04, 2013)
$13.56bn
Trade Deficit
(July-December 12)
$(9.87)bn
Curr. A/C
(July-November 12)
$(365)mn
Remittances
(Jul-December 12)
$7.12bn
Foreign Investment (July-December 12) $562.8mn
CPI Gen. - YoY
(December-12)
7.93%
CPI Gen. - FY13
(July 12- December 12)
8.32%

Commodities
 
WTI (USD/bbl) 93.60
Gold Futures(USD/oz) 1,682.57
Cement (Rs./Bag) 458.25
Coal Spot(USD/ton) 91.70
Urea Fertilizer (Rs/bag) 1,722.50
DAP (Rs./bag) 2,520.98
KCA Cotton (Rs/mound) 5,900.00

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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.