BasedLine

Date:31-Jan-2013
KSE-100 Index
 
Previous Index 17,172.04
Current Index 17,205.27
Change % 0.19%
YTD (CY13) 1.77%
YTD (FY13) 24.66%
Volume (mn) 159.15
Capitilization (USDbn) 10.54
FIPI (USDmn)(Daily) 2.74
FIPI (USDmn) (YTD) 164.15

 

KSE-100 Index
Previous Index 29,622.70
Current Index 29,668.97
Change % 0.16%
YTD (CY13) 1.87%
YTD (FY13) 24.78%
Volume (mn) 47.95
Capitilization (USDbn) 6.15

International Indicators
 
Close
%age
BSE-30 20,005.00 0.07
HANGSENG 23,822.06 0.71
NIKKEI 225 11,113.95 2.28
FTSE 6,323.10 -0.25
DJIA 13,910.42 -0.30
SSEC 2,382.48 1.00
NASDAQ 3,142.31 -0.36

 
Close
%age
TASI 7,043.55 0.22
KSE(Kuwait) 6,240.76 0.11
BSE 1,084.92 -0.06
MSM 5,800.52 -0.61
ADX 2,854.61 0.55
DFM 1,874.02 1.13
QSE 8,727.83 0.44

KIBOR
 
%age
3 Months 9.27
6 Months 9.33
12 Months 9.68

T-Bills
%age
3 Months 9.02
6 Months 9.10
12 Months 9.18

Bonds
 
%age
3-Y PIB 10.34
5-Y PIB 10.97
10-Y PIB 11.59
20-Y PIB 12.16
30-Y PIB 12.25
Capital Market Overview

KSE crosses 17,200 pts level with a rise of 33 pts

The Karachi Stock Exchange (KSE) 100-share index gained 33.23 points or 0.0.19 percent to close at 17,205.27 points as compared to 17,172.04 points of the previous session. The KSE 30-share index was up by 18.40 points to close at 14,062.69 points as compared with 14,044.29 points of the previous session. more... (DT)

News Clippings

3.7% GDP growth can be achieved in 2012-13: SBP

The State Bank of Pakistan (SBP) appears optimistic about the country achieving the gross domestic product (GDP) growth target of 4.3 percent for financial year 2012-13 and in case the target misses it will definitely attain the previous financial year’s level of 3.7 percent. more... (DT)

Using sugarcane bagasse : Govt decides to generate 3,000MW electricity

Around 3,000 megawatts (MW) cheaper electricity would be generated through sugarcane bagasse on fast track basis and investors would be facilitated and encouraged. more... (DT)

STPF 2012-15 announced with export target of $95bn

The Ministry of Commerce on Wednesday announced the second Strategic Trade Policy Framework (STPF) 2012-2015 aimed at achieving ambitious export target of $95 billion in the next three years.Senior Federal Minister for Commerce Makhdoom Amin Fahim, after obtaining formal approval from the federal cabinet, announced the trade policy. more... (DT)

Gwadar Port transfer to China approved by Cabinet: IP gas project gets formal go-ahead

The federal cabinet on Wednesday formally approved the signing of agreement to construct Iran-Pakistan gas pipeline and constituted a ministerial committee to explore avenues for arranging funds worth $1.5 billion for the project. more... (BR)

Foreign debt servicing up by 22 percent

The country's external debt servicing recorded a significant increase of 22 percent during FY12 mainly due to repayment to the IMF. According to SBP's annual report, with an increase of $784.5 million overall foreign debt servicing stood at $4.29 billion in FY12 compared to $3.506 billion in FY11. During the last fiscal year, the interest payments on external loans witnessed some decline, repayments of principal surged due to the repayment to the IMF. more... (BR)

Discount rate may be increased by 50bps

With expectations of a 50 basis points increase in discount rate in the upcoming monetary policy, which is to be announced on February 8, interest rates would return to double digits mainly due to an increasing trend in core inflation, it is learnt. more... (TN)

NAVs and Returns
as of Jan30, 2013
Funds Offer Redemption
POGSF
10.3655/-
10.3655/-
YTD Return
10.63%
POAIIF
53.4301/-
52.8958/-
YTD Return
7.86%
POAAAF
59.32/-
57.84/-
YTD Return
15.52%
POIAAF
58.09/-
56.64/-
YTD Return
7.74%
POAF
11.01/-
YTD Return
9.04%

 

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) 97.90
Gold Futures(USD/oz) 1,680.20
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

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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 (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.