BasedLine

Date:13-Mar-2013
KSE-100 Index
 
Previous Index 17,522.56
Current Index 17,872.85
Change % 2.00%
YTD (CY13) 5.72%
YTD (FY13) 29.50%
Volume (mn) 130.41
Capitilization (USDbn) 10.89
FIPI (USDmn)(Daily) 1.58
FIPI (USDmn) (YTD) 212.81

 

KSE-100 Index
Previous Index 30,431.84
Current Index 30,994.19
Change % 1.85%
YTD (CY13) 6.42%
YTD (FY13) 30.36%
Volume (mn) 48.84
Capitilization (USDbn) 6.35

International Indicators
 
Close
%age
BSE-30 19,564.92 -0.41
HANGSENG 22,890.60 -0.87
NIKKEI 225 12,314.81 -0.28
FTSE 6,510.60 0.11
DJIA 14,450.06 0.02
SSEC 2,286.60 -1.04
NASDAQ 3,242.32 -0.32

 
Close
%age
TASI 7,030.93 0.17
KSE(Kuwait) 6,714.78 0.74
BSE 1,109.17 0.12
MSM 6,061.82 0.81
ADX 3,003.76 0.36
DFM 1,938.91 0.46
QSE 8,512.18 -0.38

KIBOR
 
%age
3 Months 9.47
6 Months 9.55
12 Months 9.87

T-Bills
%age
3 Months 9.32
6 Months 9.43
12 Months 9.55

Bonds
 
%age
3-Y PIB 11.27
5-Y PIB 11.62
10-Y PIB 12.12
20-Y PIB 12.53
30-Y PIB 12.63
Capital Market Overview

KSE recovers 350 pts as IP project draws less criticism

The Karachi stock market recovered considerably on Tuesday as below-than-expected global reaction on the controversial Iran-Pakistan (IP) Gas Pipeline project restored investors’ confidence.The Karachi Stock Exchange (KSE) 100-share index gained 350.29 points or 2.00 percent to close at 17,872.85 points. more... (DT)

News Clippings

Trade deficit down 10pc from July to Feb

Pakistan’s economy has recorded a trade deficit (an excess of imports over exports) of $13.185 billion between July 2012 and Feb 2013, down 10 percent compared with $14.66 billion registered in the same period of last fiscal year, showed data by the Pakistan Bureau of Statistics (PBS) on Tuesday. more... (TN)

Security clearance procedure relaxed for foreign investors

The policy of obtaining a prior security clearance for the companies seeking incorporation with foreign investment in Pakistan or foreigners intending to invest in local companies has been relaxed by the Interior Ministry.According to the new policy, the SECP will issue certificate of registration to the foreign investors that will be subject to the clearance from the ministry. more... (DT)

Govt releases Rs 136.3 billion under PSDP

The Planning Commission of Pakistan (PC) has so far released Rs 136.3 billion under its Public Sector Development Programme (PSDP) against the total allocations of Rs 233 billion for the fiscal year 2012-13. more... (DT)

Non-bank financial sector proposes tax deferrals to boost savings

The Non-Bank Financial Sector Reform Committee, comprising leading market professionals, has advocated tax incentives in the form of tax deferral instead of exemptions for long-term savings. more... (TN)

Iran-Pakistan gas pipeline: In snub to US, China offers $500m loan

The United States has made clear its strong stand against the Iran-Pakistan gas pipeline – but the first world power will perhaps be further irritated to hear that China is backing it with a $500 million loan to Pakistan. more... (ET)

NA Secretariat’s proposed budget approved

The Finance Committee of the National Assembly on Tuesday approved the proposed budget of the National Assembly Secretariat for the fiscal year 2013-14 amounting to Rs 2,445,194,000. The committee was informed that there was no variation between the revised estimates and sanctioned budget for the fiscal year 2012-13. more... (DT)

NAVs and Returns
as of March 12, 2013
Funds Offer Redemption
POGSF
10.1977/-
10.1977/-
YTD Return
9.65%
POAIIF
52.7416/-
52.2143/-
YTD Return
7.61%
POAAAF
61.69/-
60.15/-
YTD Return
20.13%
POIAAF
59.37/-
57.89/-
YTD Return
10.12%
POAF
11.09/-
YTD Return
8.63%

 

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
(March 01, 2013)
$12.80bn
Trade Deficit
(July 12-February 13)
$(13.18)bn
Curr. A/C
(July 12-January 13)
$62mn
Remittances
(July 12-February 13)
$9.23bn
Foreign Investment (July-January 13) $662.2mn
CPI Gen. - YoY
(February-13)
7.38%
CPI Gen. - FY13
(July 12- February 13)
8.20%

Commodities
 
WTI (USD/bbl) 92.69
Gold Futures(USD/oz) 1,592.60
Cement (Rs./Bag) 457.00
Coal Spot(USD/ton) 92.35
Urea Fertilizer (Rs/bag) 1,704.00
DAP (Rs./bag) 2,365.85
KCA Cotton (Rs/mound) 6,750.00

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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.