BasedLine

Date:16-Mar-2013
KSE-100 Index
 
Previous Index 17,760.44
Current Index 17,740.69
Change % -0.11%
YTD (CY13) 4.94%
YTD (FY13) 28.54%
Volume (mn) 64.02
Capitilization (USDbn) 10.75
FIPI (USDmn)(Daily) 3.94
FIPI (USDmn) (YTD) 211.79

 

KSE-100 Index
Previous Index 30,830.20
Current Index 30,735.76
Change % -0.31%
YTD (CY13) 5.53%
YTD (FY13) 29.27%
Volume (mn) 17.58
Capitilization (USDbn) 6.26

International Indicators
 
Close
%age
BSE-30 19,570.44 1.07
HANGSENG 22,619.18 0.28
NIKKEI 225 12,381.19 1.16
FTSE 6,529.40 0.74
DJIA 14,539.14 0.58
SSEC 2,270.28 0.28
NASDAQ 3,258.93 0.43

 
Close
%age
TASI 7,025.37 0.56
KSE(Kuwait) 6,732.96 -0.04
BSE 1,125.95 0.97
MSM 6,103.83 0.44
ADX 3,030.37 0.73
DFM 1,916.21 -0.30
QSE 8,583.78 0.59

KIBOR
 
%age
3 Months 9.45
6 Months 9.56
12 Months 9.87

T-Bills
%age
3 Months 9.28
6 Months 9.42
12 Months 9.52

Bonds
 
%age
3-Y PIB 11.05
5-Y PIB 11.53
10-Y PIB 12.00
20-Y PIB 12.51
30-Y PIB 12.61
Capital Market Overview

KSE benchmark 100 index down by 20 points

Karachi Stock Exchange’s benchmark 100-index declined by 20 points Thursday as investors played safe amid political uncertainty, dealers said.Hasnain Asghar Ali, chief operating officer of Escorts Capital told The News the market had witnessed extreme movement during the last few days – it was going up and down. “The market has become technically weak and can go down by 500 points in a session to the 17,100 point level,” he said. more... (TN)

News Clippings

Forex reserves decline to $12.56 billion

Pakistan’s liquid foreign exchange reserves declined by $239 million to $12.565 billion by the week ended on March 8 against $12.804 billion last week, the State Bank of Pakistan (SBP) said on Thursday. more... (TN)

Pakistan needs to submit application for GSP Plus status: envoy

Lars-Gunnar Wigemark, ambassador of the European Union, has said that as per the new EU regulations, Pakistan qualifies for GSP Plus status but to get the status, it will have to submit an application to the EU Commission in Brussels.“This is a real breakthrough that should also inspire other industries in Pakistan to increase their exports to the EU markets,” Wigemark said. more... (TN)

Consignments of over 300 exporters, importers blocked

Pakistan Customs has blocked user IDs registered under WeBOC (Web-Based One Customs) of about 319 exporters and importers due to their failure in paying outstanding liabilities, stopping them from undertaking any consignment clearance. more... (TN)

Thar coal Block II: groundbreaking held

Sindh Chief Minister Syed Qaim Ali Shah on Thursday performed the groundbreaking ceremonies of four Thar Coal-related projects, including setting up an airport and a scheme for road upgrading. The projects included Sindh Engro Coal Mining Company's Block-II Coal Mining Project, Thar Airport at Islamkot, improvement and widening of roads for transporting heavy mining machinery to the Coalfield and a lodge at Islamkot. more... (BR)

Power tariff raised by Rs 1.55 per unit

National Electric Power Regulatory Authority (Nepra) on Thursday approved increase in tariff by Rs 1.55 per unit under monthly fuel adjustment formula. The regulator allowed increase in fuel adjustment for the month of January after hearing the request of Central Power Purchasing Agency (CPPA). Official sources told Business Recorder that Discos have started charging fuel adjustment from consumers in the light of a judgement of Lahore High Court (LHC). more... (BR)

Mobile banking a game changer, says SBP governor

State Bank of Pakistan (SBP) Governor Yaseen Anwar has said that developments in branchless banking across the country have been so far marvelous, leaving nobody in doubt about the potential of mobile phone banking to be a game-changer in banking, m-commerce and financial inclusion. more... (DT)

NAVs and Returns
as of March 15, 2013
Funds Offer Redemption
POGSF
10.2027/-
10.2027/-
YTD Return
9.64%
POAIIF
52.7596/-
52.2320/-
YTD Return
7.60%
POAAAF
61.37/-
59.84/-
YTD Return
19.51%
POIAAF
58.90/-
57.43/-
YTD Return
9.24%
POAF
11.10/-
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 08, 2013)
$12.56bn
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) 93.31
Gold Futures(USD/oz) 1,590.90
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.