BasedLine

Date:04-Mar-2013
KSE-100 Index
 
Previous Index 18,173.67
Current Index 18,185.19
Change % 0.06%
YTD (CY13) 7.57%
YTD (FY13) 31.76%
Volume (mn) 307.43
Capitilization (USDbn) 11.11
FIPI (USDmn)(Daily) 5.93
FIPI (USDmn) (YTD) 207.73

 

KSE-100 Index
Previous Index 31,362.24
Current Index 31,452.96
Change % 0.29%
YTD (CY13) 7.99%
YTD (FY13) 32.29%
Volume (mn) 67.62
Capitilization (USDbn) 6.48

International Indicators
 
Close
%age
BSE-30 18,918.52 0.30
HANGSENG 22,880.22 -0.61
NIKKEI 225 11,606.38 0.41
FTSE 6,378.60 0.28
DJIA 14,089.52 0.25
SSEC 2,359.51 -0.26
NASDAQ 3,169.74 0.30

 
Close
%age
TASI 6,988.07 -0.41
KSE(Kuwait) 6,478.09 0.06
BSE 1,097.47 0.69
MSM 5,987.11 0.03
ADX 3,036.64 -0.27
DFM 1,935.65 0.44
QSE 8,528.58 0.44

KIBOR
 
%age
3 Months 9.39
6 Months 9.49
12 Months 9.83

T-Bills
%age
3 Months 9.24
6 Months 9.43
12 Months 9.53

Bonds
 
%age
3-Y PIB 11.26
5-Y PIB 11.53
10-Y PIB 12.02
20-Y PIB 12.50
30-Y PIB 12.61
Capital Market Overview

Weekly Review: KSE-100 gains foothold above 18,000-point barrier

The stock market continued its upward march, as strong corporate earnings and sustained foreign inflows pushed the benchmark KSE-100 index to a new peak, climbing 111 points (0.6%) during the week ended March 1. more... (ET)

News Clippings

Generating additional revenue: FBR implements new withholding tax plan

In addition to new taxation measures, the Federal Board of Revenue (FBR) has implemented a new withholding tax plan on national level to generate additional revenue for meeting revised target of Rs 2,231 billion in 2012-2013. Sources told Business Recorder here on Sunday that the new plan has been chalked out by Rehmatullah Khan Wazir Chief Commissioner Large Taxpayer Unit (LTU) Karachi. more... (BR)

WHT on interconnection expenses: DI&IIR unearths Rs 3.67 billion tax concealed by LDIs

Directorate of Intelligence & Investigation, Inland Revenue, Islamabad has unearthed concealment of taxes to the tune of around Rs 3.67 billion by eight Long Distance and International Operators (LDIs) on account of non-deduction of withholding taxes (WHT) on interconnection expenses of Rs 46 billion claimed by LDIs during 2008 to 2012. more... (BR)

Oil price hike reversed, notification issued

After three days of quibbling, the government on Sunday formally issued a notification to reverse its decision to increase prices of petroleum products from March 1.“With effect from Sunday midnight, the petroleum prices have reverted to Feb 28 level,” prime minister’s adviser on petroleum and natural resources Dr Asim Hussain told Dawn. more... (D)

Draft of BPA Regulations of 2013: benchmarks pricing part of bond agency's legal mandate

A bond pricing agency (BPA) being registered with the Securities and Exchange Commission of Pakistan (SECP) would have the legal mandate of providing prices for all bonds based on international benchmark pricing models in a transparent and independent manner. more... (BR)

Bank borrowing declines

Both notes in circulation and those issues rose over the week, according to the Statement of Affairs of the State Bank of Pakistan, for the week ended February 15, 2013.Notes in circulation stood at Rs2075.255 billion (bn) against earlier week’s figure of Rs2070.872bn, a rise of Rs4.383bn. more... (D)

NAVs and Returns
as of March 01, 2013
Funds Offer Redemption
POGSF
10.1703/-
10.1703/-
YTD Return
9.67%
POAIIF
52.6415/-
52.1151/-
YTD Return
7.66%
POAAAF
63.01/-
61.43/-
YTD Return
22.69%
POIAAF
60.06/-
58.56/-
YTD Return
11.39%
POAF
11.06/-
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) 90.54
Gold Futures(USD/oz) 1,578.40
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.