BasedLine

Date:23-Jan-2013
KSE-100 Index
 
Previous Index 16,640.81
Current Index 16,894.09
Change % 1.52%
YTD (CY13) -0.07%
YTD (FY13) 22.41%
Volume (mn) 137.21
Capitilization (USDbn) 10.39
FIPI (USDmn)(Daily) 1.24
FIPI (USDmn) (YTD) 158.59

 

KSE-100 Index
Previous Index 28,781.00
Current Index 29,228.81
Change % 1.56%
YTD (CY13) 0.35%
YTD (FY13) 22.93%
Volume (mn) 49.17
Capitilization (USDbn) 6.06

International Indicators
 
Close
%age
BSE-30 19,981.57 -0.60
HANGSENG 23,658.99 0.29
NIKKEI 225 10,709.93 -0.35
FTSE 6,179.20 -0.03
DJIA 13,712.21 0.46
SSEC 2,315.14 -0.56
NASDAQ 3,143.18 0.27

 
Close
%age
TASI 7,007.61 0.33
KSE(Kuwait) 6,191.21 0.30
BSE 1,073.18 -0.09
MSM 5,837.16 0.13
ADX 2,754.03 -0.87
DFM 1,777.19 -0.52
QSE 8,623.15 0.18

KIBOR
 
%age
3 Months 9.29
6 Months 9.35
12 Months 9.69

T-Bills
%age
3 Months 9.09
6 Months 9.15
12 Months 9.24

Bonds
 
%age
3-Y PIB 10.42
5-Y PIB 11.05
10-Y PIB 11.60
20-Y PIB 12.17
30-Y PIB 12.26
Capital Market Overview

Institutional buying pushes KSE up by over 250 points

The KSE-100 index increased by 253.28 points, or 1.52 percent, to 16,894.09 points against 16,640.81 points recorded in the last session. There was sentiment in the market for cut in discount rate early next month, which pushed the market upwards. “Result season is arriving and buying continued in all heavyweight. more... (TN)

News Clippings

POL imports go up to $7.7bn in first half of FY13

Pakistan’s economy spent $7.7 billion on imports of petroleum and its products during the first half of the current fiscal year, depicting 1.15 percent increase over $7.61 billion in the corresponding period last fiscal, said the Pakistan Bureau of Statistics (PBS) on Tuesday. more... (TN)

Govt borrowing from banks surges to Rs770 billion

The State Bank of Pakistan (SBP) on Tuesday reported that public sector borrowing from commercial banks between July 2012 and January 2013 rose to Rs770 billion from Rs627 billion a year ago, as spending grew faster than income in a struggling economy, resulting in higher-than-expected budget deficit. more... (TN)

‘Banks not passing on benefit of policy rate cut to borrowers’

The single digit policy rate could not enhance the private sector credit, as it registered a decline of about 62 percent despite a decline in interest rate by 4.5 percent during the period of one-and-a-half-year. more... (DT)

Import bill sees modest decline of 3.3% in 1H FY13

Pakistan’s import bill of different goods and commodities has seen a decline of 3.3 percent in the first half of current financial year (1H FY13) due to decrease of expense under the head of food items, textile group, agriculture and chemicals, machinery and transport sectors. more... (DT)

KPT initiates Pakistan Deep Water Container project

Karachi Port Trust (KPT) has initiated a high-potential Pakistan Deep Water Container project to manage the overall port traffic and cargo handling expected to double in the next ten years. more... (DT)

Textile exports grow over 8 percent in first half fiscal year 2013

According to the latest figures, Pakistan has exported textile goods worth of 6.46 billion dollars during July-December 2012 against the 5.95 billion dollars during the same period of last year, thus registering an increase of 8.55 percent. more... (BR)

NAVs and Returns
as of Jan22, 2013
Funds Offer Redemption
POGSF
10.3433/-
10.3433/-
YTD Return
10.65%
POAIIF
53.3551/-
52.8215/-
YTD Return
7.91%
POAAAF
58.54/-
57.08/-
YTD Return
14.00%
POIAAF
57.19/-
55.76/-
YTD Return
6.07%
POAF
10.98/-
YTD Return
9.03%

 

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 11, 2013)
$13.78bn
Trade Deficit
(July-December 12)
$(9.87)bn
Curr. A/C
(July-December 12)
$250mn
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) 96.60
Gold Futures(USD/oz) 1,694.00
Cement (Rs./Bag) 458.88
Coal Spot(USD/ton) 91.70
Urea Fertilizer (Rs/bag) 1,722.92
DAP (Rs./bag) 2,520.98
KCA Cotton (Rs/mound) 5,900.00

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 (TN) The News

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.