BasedLine

Date:08-Feb-2013
KSE-100 Index
 
Previous Index 17,408.52
Current Index 17,383.32
Change % -0.14%
YTD (CY13) 2.83%
YTD (FY13) 25.95%
Volume (mn) 169.61
Capitilization (USDbn) 10.67
FIPI (USDmn)(Daily) 1.45
FIPI (USDmn) (YTD) 174.05

 

KSE-100 Index
Previous Index 30,125.99
Current Index 30,132.64
Change % 0.02%
YTD (CY13) 3.46%
YTD (FY13) 26.73%
Volume (mn) 50.06
Capitilization (USDbn) 6.25

International Indicators
 
Close
%age
BSE-30 19,580.32 -0.30
HANGSENG 23,177.00 -0.30
NIKKEI 225 11,357.07 -0.93
FTSE 6,228.40 -1.06
DJIA 13,944.05 -0.30
SSEC 2,418.53 -0.60
NASDAQ 3,165.13 -0.11

 
Close
%age
TASI 6,982.89 -0.14
KSE(Kuwait) 6,288.72 -0.05
BSE 1,088.08 -0.10
MSM 5,852.57 0.17
ADX 2,908.77 0.17
DFM 1,859.56 -0.59
QSE 8,757.90 -0.13

KIBOR
 
%age
3 Months 9.26
6 Months 9.34
12 Months 9.68

T-Bills
%age
3 Months 9.07
6 Months 9.15
12 Months 9.24

Bonds
 
%age
3-Y PIB 10.50
5-Y PIB 11.09
10-Y PIB 11.74
20-Y PIB 12.18
30-Y PIB 12.29
Capital Market Overview

Profit-taking takes KSE 25 points down

The Karachi stock market witnessed the much-awaited profit-taking on Thursday led by telecom stocks.The Karachi Stock Exchange (KSE) 100-share index shed 25.20 points to close at 17,383.32 points as compared to 17,408.52 points of the previous session. more... (DT)

News Clippings

Forex reserves down by $74.9 million

The country's total liquid foreign exchange reserves fell by $74.9 million during the last week ended February 1, 2013. According to State Bank of Pakistan (SBP), the country's total liquid foreign exchange reserves fell to $13.474 billion during the last week as compared to $13.549 billion a week earlier. Reserves held by SBP witnessed a decline of $67.8 million to $8.586 billion from $8.654 billion. more... (BR)

SECP registers 329 companies in January

The Securities and Exchange Commission of Pakistan (SECP) has said that it registered 329 companies in January, with Lahore office registering the highest number of firms.Authorised and paid-up capital of these companies is Rs5 billion and Rs573 million respectively, says an SECP press release. more... (ET)

Cement exports decline, local consumption improves

A slow recovery in domestic cement consumption during the first seven months of this fiscal year saved the day for the cement industry, which has been constantly losing its export market since last year. January was another good month for domestic market and bad for exports. more... (DT)

SBP stresses for sound management of operational risks

State Bank of Pakistan (SBP) Governor Yaseen Anwar has stressed the need for inculcating a risk culture within the organisation with open communication channels between business lines and control functions for the sound management of operational risks. more... (DT)

No change in discount rate expected: MPS today

The State Bank of Pakistan (SBP) will release Monetary Policy Statement (MPS) today (Friday) for next two months with expectations of no change in discount rate. Economists and analysts believed that the SBP will keep the policy rate stable at 9.5 percent ahead of escalating inflationary pressure on the economy and higher government borrowings to meet the high fiscal deficit. more... (BR)

Macroeconomic environment for Pakistan remains lacklustre

Moody’s Investors Service maintained Pakistan’s Caa1 rating and assessed that the low economic growth has been targeted by the protracted energy crisis, whereas inconsistent policies, supply-side constraints and ineffective policies have resulted in fiscal weakness. more... (TN)

NAVs and Returns
as of Feb 07, 2013
Funds Offer Redemption
POGSF
10.1556/-
10.1556/-
YTD Return
10.39%
POAIIF
52.4568/-
51.9322/-
YTD Return
7.84%
POAAAF
60.00/-
58.50/-
YTD Return
16.84%
POIAAF
58.50/-
57.04/-
YTD Return
8.50%
POAF
11.03/-
YTD Return
9.00%

 

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
(February 01, 2013)
$13.47bn
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
(January-13)
8.10%
CPI Gen. - FY13
(July 12- January 13)
8.30%

Commodities
 
WTI (USD/bbl) 96.12
Gold Futures(USD/oz) 1,671.10
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.