BasedLine

Date:01-Mar-2013
KSE-100 Index
 
Previous Index 18,080.90
Current Index 18,173.67
Change % 0.51%
YTD (CY13) 7.50%
YTD (FY13) 31.68%
Volume (mn) 166.74
Capitilization (USDbn) 11.11
FIPI (USDmn)(Daily) 5.72
FIPI (USDmn) (YTD) 196.84

 

KSE-100 Index
Previous Index 31,388.20
Current Index 31,362.24
Change % -0.08%
YTD (CY13) 7.68%
YTD (FY13) 31.90%
Volume (mn) 66.90
Capitilization (USDbn) 6.47

International Indicators
 
Close
%age
BSE-30 18,861.54 -1.52
HANGSENG 23,020.27 1.96
NIKKEI 225 11,559.36 2.71
FTSE 6,360.80 0.55
DJIA 14,054.49 -0.15
SSEC 2,365.59 2.26
NASDAQ 3,160.19 -0.07

 
Close
%age
TASI 6,998.33 0.15
KSE(Kuwait) 6,463.47 0.31
BSE 1,089.94 -0.67
MSM 5,975.58 -0.13
ADX 3,044.89 -0.38
DFM 1,927.10 -0.61
QSE 8,528.58 0.44

KIBOR
 
%age
3 Months 9.49
6 Months 9.49
12 Months 9.82

T-Bills
%age
3 Months 9.24
6 Months 9.45
12 Months 9.53

Bonds
 
%age
3-Y PIB 11.16
5-Y PIB 11.59
10-Y PIB 12.10
20-Y PIB 12.51
30-Y PIB 12.62
Capital Market Overview

KSE marks 9th consecutive monthly gain

The Karachi Stock Exchange (KSE) 100-share index gained 5.4 percent or 931 points in February continuing its bullish trend in the past consecutive 9-months since June 2012 in which the market has rallied 32 percent to reach $46 billion. more... (DT)

News Clippings

Tax authorities collecting Rs1trn less revenue: FTO

Dr Shoaib Suddle, Federal Tax Ombudsman (FTO), has said that the performance of taxation authorities is negligible and, given the size of Pakistan’s GDP, they are collecting around Rs1 trillion less revenue than they ought to.The FTO said that the tax-to-GDP ratio was recorded at 13.5 percent in 1987 but, at present, has fallen to slightly over eight percent. more... (TN)

Forex reserves rise to $13.1 billion

Pakistan’s foreign exchange reserves increased by $127 million to $13.185 billion during the week ended February 22 from $13.058 billion a week ago, the central bank reported on Thursday. more... (TN)

Yamaha to start local production from 2015

Yamaha on Thursday announced an investment of $150 million to establish a motorcycles manufacturing plant in Pakistan and resolve to start two-wheelers production from 2015. more... (TN)

Loans worth Rs 138.61bn written off in last 5 years, NA told

IFinance Minister Saleem H Mandviwalla informed the National Assembly that loans worth Rs 138.61 billion had been written-off by banks during the last five years. more... (DT)

Iran to complete gas pipeline to Pakistan in 22 months: official

Construction of the Pakistani section of the pipeline, which would carry natural gas from Iran to its eastern neighbour would last 22 months, a senior Iranian gas industry official said.Pakistan covers 780 kilometers of the 1,881-kilometer pipeline. more... (DT)

POL prices raised by Rs 4.35 per litre

The government on Thursday increased prices of petroleum products in a range between Rs 3.53 and Rs 4.35 per litre and the revised prices would be effective from Friday (today). more... (BR)

Exporters need facilitation, not monetary concessions: experts

Although the reasons of stagnant or slow export growth are different, the immediate pressure on the next interim government will be to provide subsidies to exporting sector, which proved counterproductive in the past, said economic experts. more... (TN)

NAVs and Returns
as of Feb 28, 2013
Funds Offer Redemption
POGSF
10.1680/-
10.1680/-
YTD Return
9.68%
POAIIF
52.6322/-
52.1059/-
YTD Return
7.67%
POAAAF
63.33/-
58.50/-
YTD Return
23.33%
POIAAF
60.00/-
58.50/-
YTD Return
11.28%
POAF
11.05/-
YTD Return
8.57%

 

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 22, 2013)
$13.19bn
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) 91.62
Gold Futures(USD/oz) 1,577.50
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.