BasedLine

Date:04-Feb-2013
KSE-100 Index
 
Previous Index 17,242.74
Current Index 17,266.23
Change % 0.14%
YTD (CY13) 2.13%
YTD (FY13) 25.10%
Volume (mn) 80.49
Capitilization (USDbn) 10.57
FIPI (USDmn)(Daily) -4.01
FIPI (USDmn) (YTD) 168.88

 

KSE-100 Index
Previous Index 29,695.20
Current Index 29,748.23
Change % 0.18%
YTD (CY13) 2.14%
YTD (FY13) 25.12%
Volume (mn) 32.84
Capitilization (USDbn) 6.17

International Indicators
 
Close
%age
BSE-30 19,781.19 -0.57
HANGSENG 23,721.84 -0.03
NIKKEI 225 11,191.34 0.47
FTSE 6,347.20 1.12
DJIA 14,009.79 1.08
SSEC 2,419.02 1.41
NASDAQ 3,179.10 1.18

 
Close
%age
TASI 7,033.30 -0.34
KSE(Kuwait) 6,274.91 0.48
BSE 1,085.99 0.08
MSM 5,784.88 -0.26
ADX 2,880.87 0.12
DFM 1,848.28 -2.08
QSE 8,726.32 0.02

KIBOR
 
%age
3 Months 9.26
6 Months 9.33
12 Months 9.69

T-Bills
%age
3 Months 9.08
6 Months 9.12
12 Months 9.20

Bonds
 
%age
3-Y PIB 10.42
5-Y PIB 11.00
10-Y PIB 11.60
20-Y PIB 12.16
30-Y PIB 12.26
Capital Market Overview

Weekly Review: Earnings season pushes KSE-100 to 17,266 points

The stock market maintained its impressive performance, with the corporate earnings season acting as the driver for further growth, taking the benchmark Karachi Stock Exchange (KSE)-100 index 210 points (1.2%) ahead during the week ended February 1. more... (ET)

News Clippings

IMF's Stand-By Arrangement: country to pay $500 million instalment this month

Pakistan has to pay $500 million on account of an instalment of the Stand-By Arrangement (SBA) to the International Monetary Fund (IMF) during this month. Sources in the Ministry of Finance told Business Recorder that although Pakistan was facing the challenge of depleting forex reserves compounded by slow foreign exchange inflows, arrangement were being made to avoid any delay. more... (BR)

ECC likely to okay Shale Gas policy soon

The draft of Shale Gas Policy has prepared by the Ministry of Petroleum and Natural Resources and it would soon be forwarded to the Economic Co-ordination Committee of the Cabinet (ECC) for approval. Sources highlighted Pakistan's huge reserves of shale gas and said that under the policy, the government would offer shale gas blocks to investors through open bidding. more... (BR)

FBR may invoke fine, penalty provisions to recover withholding tax

The Federal Board of Revenue (FBR) may invoke provisions in the tax laws regarding fine and penalty for noncompliance to deduct withholding tax and subsequently remit it to the national exchequer, said sources in the FBR on Saturday. more... (TN)

Financial performance improves

THE total assets of State Bank of Pakistan increased by 4.6 per cent during 2011-2012, according to the central bank’s annual report.The main source of this increase was purchases of saleable securities (up 77.3 per cent ) receivable balances of government current accounts, up from Rs58.8 billion in FY11 to an astronomical Rs12.744 billion in FY12. And investments went up 31.7 per cent, 99 per cent of which were market treasury bills. more... (D)

Breaking downward streak: Inflation rebounds; clocks in at 8.1% for January

After setting up new lows in recent months, inflation picked up for the second successive month clocking in at 8.1% for January, raising prospects for an increase in interest rates by the State Bank of Pakistan in its next monetary policy announcement due on February 8. more... (ET)

MFN status– first step towards trade integration

The Government of Pakistan keeps on insisting that it wants to give the Most Favoured Nation (MFN) status to India as soon as possible and has a few weeks to finalise the process before the Pakistan Peoples Party-led coalition government completes its five-year term. more... (ET)

NAVs and Returns
as of Feb 01, 2013
Funds Offer Redemption
POGSF
10.3692/-
10.3692/-
YTD Return
10.59%
POAIIF
53.4532/-
52.9187/-
YTD Return
7.86%
POAAAF
59.33/-
57.85/-
YTD Return
15.54%
POIAAF
58.09/-
56.64/-
YTD Return
7.74%
POAF
11.01/-
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 25, 2013)
$13.55bn
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) 97.60
Gold Futures(USD/oz) 1,671.30
Cement (Rs./Bag) 458.00
Coal Spot(USD/ton) 91.05
Urea Fertilizer (Rs/bag) 1,729.00
DAP (Rs./bag) 2,520.98
KCA Cotton (Rs/mound) 6,500.00

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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.