BasedLine

Date:17-Jan-2013
KSE-100 Index
 
Previous Index 16,107.89
Current Index 16,181.47
Change % 0.46%
YTD (CY13) -4.28%
YTD (FY13) 17.25%
Volume (mn) 66.20
Capitilization (USDbn) 9.91
FIPI (USDmn)(Daily) -3.09
FIPI (USDmn) (YTD) 155.68

 

KSE-100 Index
Previous Index 27,997.61
Current Index 28,135.02
Change % 0.49%
YTD (CY13) -3.40%
YTD (FY13) 18.33%
Volume (mn) 17.87
Capitilization (USDbn) 5.83

International Indicators
 
Close
%age
BSE-30 19,917.63 -0.85
HANGSENG 23,356.99 0.10
NIKKEI 225 10,591.30 -2.65
FTSE 6,104.00 -0.22
DJIA 13,511.23 -0.17
SSEC 2,309.50 -0.70
NASDAQ 3,117.54 0.22

 
Close
%age
TASI 7,036.33 0.25
KSE(Kuwait) 6,128.11 0.19
BSE 1,075.91 0.20
MSM 5,807.00 -0.51
ADX 2,768.43 -0.04
DFM 1,741.31 0.39
QSE 8,577.66 0.52

KIBOR
 
%age
3 Months 9.30
6 Months 9.35
12 Months 9.70

T-Bills
%age
3 Months 9.14
6 Months 9.18
12 Months 9.26

Bonds
 
%age
3-Y PIB 10.46
5-Y PIB 11.07
10-Y PIB 11.63
20-Y PIB 12.16
30-Y PIB 12.25
Capital Market Overview

Slight recovery in Pakistani stocks following steep fall

The Pakistani stock market closed higher on Wednesday after a steep fall the previous day.The Karachi Stock Exchange’s (KSE) benchmark 100-share index ended 0.46 per cent, or 73.58 points, higher at 16,181.47. more... (D)

News Clippings

Impact of circular debt issue

Apart from critical financial condition of the country, investors and lenders are hesitant in making any sort of commitment toward Pakistan's power sector due to prevailing circular debt issue, which is solely responsible for the power crisis in the country; sources told Daily Times, on Wednesday. more... (DT)

ABL Asset gets first ISO 27001 in Pakistan

ABL Asset Management was certified as the first ISO 27001 Asset Management Company in Pakistan.ISO/IEC 27001 is an information security management system (ISMS), ISO/IEC 27001:2005 that specifies the requirements for establishing, implementing, operating, monitoring, reviewing, maintaining and improving a documented ISMS within the context of the organisation’s overall business risks. more... (DT)

Elections will be held by May 6, says minister

In an apparent move to defuse the political tension prevailing in the country, a federal minister on Wednesday announced that the polls would be held by May 6 at the latest. more... (DT)

Banks must formulate strategy for SME sector uplift’

Yaseen Anwar, governor of the State Bank of Pakistan (SBP), has asked the top management of banks to develop a more robust and focused strategy to meet the banking needs of small and medium enterprises (SMEs), according to a statement issued on Wednesday. more... (TN)

Pakistani traders upset with Indian army chief’s remarks

Pakistani business community is greatly anguished at Indian Army Chief remarks against Pakistan and suspension of day-old new visa regime by the Indian Prime Minister. Terming these updates as a severe blow to trade normalisation process being pushed by the business community. more... (DT)

FBR ready to launch amnesty scheme

The Federal Board of Revenue (FBR) has finalised preparation for the implementation of the tax amnesty scheme, which is in the National Assembly for final approval, said sources on Wednesday. more... (TN)

NAVs and Returns
as of Jan16, 2013
Funds Offer Redemption
POGSF
10.3283/-
10.3283/-
YTD Return
10.70%
POAIIF
53.3048/-
52.7718/-
YTD Return
7.97%
POAAAF
55.87/-
54.47/-
YTD Return
8.79%
POIAAF
55.25/-
53.87/-
YTD Return
2.47%
POAF
10.97/-
YTD Return
9.06%

 

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) 93.87
Gold Futures(USD/oz) 1,677.80
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.