BasedLine

Date:14-Mar-2013
KSE-100 Index
 
Previous Index 17,872.85
Current Index 17,760.44
Change % -0.63%
YTD (CY13) 5.06%
YTD (FY13) 28.69%
Volume (mn) 141.13
Capitilization (USDbn) 10.78
FIPI (USDmn)(Daily) 3.94
FIPI (USDmn) (YTD) 211.79

 

KSE-100 Index
Previous Index 30,994.19
Current Index 30,830.20
Change % -0.53%
YTD (CY13) 5.85%
YTD (FY13) 29.67%
Volume (mn) 64.20
Capitilization (USDbn) 6.28

International Indicators
 
Close
%age
BSE-30 19,362.55 -1.03
HANGSENG 22,556.56 -1.46
NIKKEI 225 12,239.66 -0.61
FTSE 6,481.50 -0.45
DJIA 14,455.28 0.04
SSEC 2,263.97 -0.99
NASDAQ 3,245.12 0.09

 
Close
%age
TASI 7,025.37 0.56
KSE(Kuwait) 6,735.78 0.31
BSE 1,115.11 0.54
MSM 6,077.24 0.25
ADX 3,008.34 0.15
DFM 1,922.04 -0.87
QSE 8,533.32 0.25

KIBOR
 
%age
3 Months 9.46
6 Months 9.56
12 Months 9.87

T-Bills
%age
3 Months 9.30
6 Months 9.42
12 Months 9.54

Bonds
 
%age
3-Y PIB 11.20
5-Y PIB 11.62
10-Y PIB 12.07
20-Y PIB 12.53
30-Y PIB 12.63
Capital Market Overview

Stocks dip 112 pts ahead of interim govt formation

The Karachi Stock Exchange (KSE) 100-share index shed 112.41 points or 0.63 percent as the KSE-100 share index closed at 17,760.44 points compared to 17,872.85 points of the previous session. The KSE 30- index was down by 157.59 points to close at 14,324.92 points as compared with 14,482.51 points of the previous session. more... (DT)

News Clippings

Textile exporters facing shortage of raw materials

The market is witnessing shortage of raw materials for the value-added textile sector, particularly polyester yarn, as importers have stopped clearing their shipments because of the uncertainty regarding new taxes. more... (TN)

FBR to amend withholding of sales tax notification

Khawaja Tanveer Ahmad, chief commissioner, Regional Tax Office, Karachi, has said that the revenue authorities would amend the notification related to the withholding of sales tax.“SRO 98 will be amended to cater to and suit the business operations and no business needs to modify its operations due to the new withholding tax scheme,” a statement issued on Wednesday, quoting Ahmad, as saying. more... (TN)

‘Japan SEZ to prove milestone in economic cooperation’

Karachi Chamber of Commerce and Industry KCCI) said Japan Special Economic Zone (SEZ) would prove as milestone in the economic and commercial cooperation between Pakistan and Japan.KCCI President Haroon Agar appreciated the initiative of Sindh government through Sindh Board of Investment (SBI) to sign the Memorandum of Understanding with Japan to execute the establishment of Japan Special Economic Zone earmarked near Dhabeji in the vicinity of Karachi city. more... (DT)

Pakistani exports: Government to spend Rs26b to promote trade

Ministry of Trade and Commerce’s Director General Trade Policy Dr Safdar A Sohail said on Wednesday that a sum of Rs26 billion would be spent on initiatives to promote the country’s exports under the new trade policy 2012-15. more... (ET)

UK aims to take bilateral trade to £2.5 billion

The United Kingdom aims to increase bilateral trade with Pakistan to 2.5 billion pounds per year in line with the directive of Prime Minister David Cameron and Britain is also willing to collaborate in promoting higher education, says Arshad Rauf, Deputy Director of UK Trade and Investment. more... (ET)

Moneychangers demand dollar import from Dubai

The US currency and other major currencies seemed to have disappeared from the open currency market in Pakistan following the restriction of the State Bank of Pakistan (SBP) to sell them on Bank’s prescribed lower rates, the market sources said. more... (DT)

NAVs and Returns
as of March 13, 2013
Funds Offer Redemption
POGSF
10.2003/-
10.2003/-
YTD Return
9.65%
POAIIF
52.7506/-
52.2231/-
YTD Return
7.60%
POAAAF
61.07/-
59.54/-
YTD Return
18.91%
POIAAF
58.76/-
57.29/-
YTD Return
8.98%
POAF
11.09/-
YTD Return
8.62%

 

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

  Feb-13 Jan-13
MoM (%)
AUM's (PKR bn) 344.82 342.95 0.55
No of AMCs 25 25 -
No of Funds 177 176 0.57

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) 92.30
Gold Futures(USD/oz) 1,587.16
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.