BasedLine

Date:25-Feb-2013
KSE-100 Index
 
Previous Index 17,921.02
Current Index 18,074.27
Change % 0.86%
YTD (CY13) 6.91%
YTD (FY13) 30.96%
Volume (mn) 201.74
Capitilization (USDbn) 11.09
FIPI (USDmn)(Daily) 1.91
FIPI (USDmn) (YTD) 197.25

 

KSE-100 Index
Previous Index 31,124.98
Current Index 31,228.10
Change % 0.33%
YTD (CY13) 7.22%
YTD (FY13) 31.34%
Volume (mn) 81.25
Capitilization (USDbn) 6.47

International Indicators
 
Close
%age
BSE-30 19,317.01 -0.04
HANGSENG 22,782.44 -0.54
NIKKEI 225 11,385.94 -0.68
FTSE 6,335.70 0.70
DJIA 14,000.57 0.86
SSEC 2,314.16 -3.46
NASDAQ 3,161.82 0.97

 
Close
%age
TASI 7,043.65 0.03
KSE(Kuwait) 6,409.04 0.07
BSE 1,102.78 -0.01
MSM 5,964.51 -0.26
ADX 3,028.13 0.19
DFM 1,945.95 1.19
QSE 8,693.21 -0.47

KIBOR
 
%age
3 Months 9.40
6 Months 9.51
12 Months 9.86

T-Bills
%age
3 Months 9.23
6 Months 9.42
12 Months 9.52

Bonds
 
%age
3-Y PIB 11.28
5-Y PIB 11.59
10-Y PIB 12.12
20-Y PIB 12.50
30-Y PIB 12.60
Capital Market Overview

Weekly Review: Buying spree propels Karachi bourse over the 18,000 mark

The benchmark KSE-100 index managed to gain 277 points, up 1.6% week-on-week, where average volumes improved 14% to 309 million shares and foreign inflows clocked in at $11.6 million during the week.Corporate results played their role in keeping the mood upbeat. more... (ET)

News Clippings

Zardari to finalise gas pipeline deal in Tehran

Despite mounting US pressure, President Asif Ali Zardari has decided to travel to Tehran this week to finalise a multibillion dollar gas pipeline deal, officials revealed on Sunday.Under the agreement, Iran would offer a loan of $500 million to Pakistan for the construction of a gas pipeline on its side of the border. more... (ET)

OGRA right in dismissing demands for higher UFG

The Consumer Rights Commission of Pakistan (CRCP) had taken serious notice of the federal cabinet’s decision regarding an increase in tariff of Rs13 per unit and to pass on Rs11 billion as the financial impact of gas theft on to consumers purely due to the inefficiency of distribution companies. more... (ET)

PSO's L/C payments: finance ministry to release Rs 15 billion today

The Ministry of Finance is to release Rs15 billion to Pakistan Sate Oil (PSO) on Monday (today) to clear its Letters of Credit (L/Cs) payments to international fuel suppliers.This is the second release in less than a week to PSO which received Rs10 billion on Wednesday, February 20. more... (ET)

External sector performs better

EXPORT earnings and home remittances were higher and foreign investment also witnessed a rising trend in first seven months of this fiscal year, compared to the same period last year.Consequently the current account posted a small surplus against a huge deficit in the year-ago period. more... (D)

Excessive government borrowing: massive contraction in private sector credit: SBP

The net government borrowing from domestic sources stood at 92 percent of total credit extension during the last fiscal year, obstructing the implementation on monetary policy. This was pointed out by the SBP during a presentation to the Senate's Standing Committee on Finance. more... (BR)

Services sector's trade posts $75 million surplus

Followed by Coalition Support Fund (CSF) payment, the country's services sector trade posted $75 million surplus in the first seven months of current fiscal year 2012-2013 (FY13). The services sector's trade was facing high deficit during the same period of last fiscal year, 2011-2012, owing to sluggish exports' growth and slow foreign inflows particularly CFS, which were withheld by the US after tension with Pakistan. more... (BR)

NAVs and Returns
as of Feb 22, 2013
Funds Offer Redemption
POGSF
10.1573/-
10.1573/-
YTD Return
9.76%
POAIIF
52.5766/-
52.0508/-
YTD Return
7.70%
POAAAF
63.48/-
61.89/-
YTD Return
23.61%
POIAAF
60.41/-
58.90/-
YTD Return
12.04%
POAF
11.06/-
YTD Return
8.89%

 

Funds Rating
AMC
AM3
POAIIF
AA-(f)
POAF
A+ (f)
POAAAF
2 Star
POIAAF
4 Star
POGSF
AA(f)

  Jan-13 Dec-12
MoM (%)
AUM's (PKR bn) 342.95 334.82 2.43
No of AMCs 25 25 -
No of Funds 176 177 -0.56

Economic Highlights
 
GDP Growth FY12 3.70%
Per Capita Income $1,250
Reserves
(February 15, 2013)
$13.05bn
Trade Deficit
(July 12-January 13)
$(11.62)bn
Curr. A/C
(July 12-January 13)
$62mn
Remittances
(July 12-January 13)
$8.20bn
Foreign Investment (July-January 13) $662.2mn
CPI Gen. - YoY
(January-13)
8.10%
CPI Gen. - FY13
(July 12- January 13)
8.30%

Commodities
 
WTI (USD/bbl) 93.08
Gold Futures(USD/oz) 1,583.00
Cement (Rs./Bag) 457.00
Coal Spot(USD/ton) 91.05
Urea Fertilizer (Rs/bag) 1,704.00
DAP (Rs./bag) 2,365.85
KCA Cotton (Rs/mound) 6,350.00

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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.