BasedLine

Date:21-Mar-2013
KSE-100 Index
 
Previous Index 17,693.37
Current Index 17,753.97
Change % 0.34%
YTD (CY13) 5.02%
YTD (FY13) 28.64%
Volume (mn) 203.36
Capitilization (USDbn) 10.80
FIPI (USDmn)(Daily) 2.64
FIPI (USDmn) (YTD) 223.71

 

KSE-100 Index
Previous Index 30,950.33
Current Index 30,976.34
Change % 0.08%
YTD (CY13) 6.35%
YTD (FY13) 30.28%
Volume (mn) 70.95
Capitilization (USDbn) 6.31

International Indicators
 
Close
%age
BSE-30 18,884.19 -0.65
HANGSENG 22,257.22 0.98
NIKKEI 225 12,610.48 1.14
FTSE 6,432.70 -0.13
DJIA 14,511.73 0.39
SSEC 2,326.71 3.07
NASDAQ 3,254.19 0.78

 
Close
%age
TASI 7,095.48 0.27
KSE(Kuwait) 6,826.4 0.08
BSE 1,119.33 -0.85
MSM 6,132.92 0.03
ADX 3,017.7 0.66
DFM 1,897.98 0.73
QSE 8,578.37 0.18

KIBOR
 
%age
3 Months 9.47
6 Months 9.55
12 Months 9.89

T-Bills
%age
3 Months 9.30
6 Months 9.41
12 Months 9.53

Bonds
 
%age
3-Y PIB 11.03
5-Y PIB 11.48
10-Y PIB 11.99
20-Y PIB 12.50
30-Y PIB 12.60
Capital Market Overview

Market watch: Bourse continues recovery as tensions ease

The Karachi Stock Exchange’s (KSE) benchmark 100-share index climbed 0.34% or 60.60 points to end at the 17,753.97 points level. Trade volumes surged to 266 million shares compared with Tuesday’s tally of 163 million shares. The value of shares traded during the day was Rs7.59 billion. more... (ET)

News Clippings

Generating better revenues : PTA asks cellular companies to offer OTT services

Pakistan Tele-communication Authority (PTA) has suggested mobile phone operators to offer their own branded over-the-top (OTT) services mainly social media platforms in order to increase their revenues manifolds in the future. more... (DT)

Eight-month performance: Govt spends about Rs950b more than its income

The federal government, which completed its tenure on March 16, spent roughly Rs950 billion more than its income in just eight months of the current fiscal year, highlighting economic mismanagement that remained the hallmark of the regime. On average, it borrowed Rs4 billion a day to bridge the gap. more... (ET)

Five export sectors allowed input tax adjustment: FBR issues new SRO

The Federal Board of Revenue (FBR) has announced that persons registered in five leading export sectors, who have consumed inputs acquired on payment of sales tax, would be entitled to input tax adjustment. In this regard, the FBR has made amendment in the SRO1125(I)/2011 through an SRO221(I)/2013 issued here on Wednesday. more... (BR)

UBL outperforms its peers for the second year running

United Bank Limited announced its results for the year ended 31 December 2012 on 25 February 2013. For the second consecutive year, UBL outperformed its peers by recording the highest percentage increase in profit, according to a press release issued by the bank. Consolidated profit after tax increased by 30% over 2011 to Rs19.3 billion while unconsolidated profit recorded a growth of 16%. On consolidated results, HBL’s profit after tax remained flat, while and ABL’s and MCB’s profits grew by 16% and 10% respectively.more... (ET)

Budget deficit widens to Rs960 billion

The overrun in expenditures on account of mainly heavy power sector subsidies as well as massive revenue shortfall faced by the Federal Board of Revenue (FBR) has expanded budget deficit to Rs960.26 billion, or 4.1 percent of gross domestic product, during the first eight months (July-Feb) of current fiscal year.more... (TN)

LSM registered 2.73 percent growth

The Large Scale Manufacturing (LSM) has registered positive growth of 2.73 percent during the first quarter of the current fiscal year over the corresponding period of last fiscal year.more... (TN)

NAVs and Returns
as of March 20, 2013
Funds Offer Redemption
POGSF
10.2135/-
10.2135/-
YTD Return
9.57%
POAIIF
52.8160/-
52.2878/-
YTD Return
7.58%
POAAAF
62.05/-
60.50/-
YTD Return
20.83%
POIAAF
60.01/-
58.51/-
YTD Return
11.30%
POAF
11.09/-
YTD Return
8.34%

 

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)
$(10.17)bn
Curr. A/C
(July 12-February 13)
$(700)mn
Remittances
(July 12-February 13)
$9.23bn
Foreign Investment (July-February 13) $672.00mn
CPI Gen. - YoY
(February-13)
7.38%
CPI Gen. - FY13
(July 12- February 13)
8.20%

Commodities
 
WTI (USD/bbl) 93.29
Gold Futures(USD/oz) 1,608.25
Cement (Rs./Bag) 456.00
Coal Spot(USD/ton) 83.61
Urea Fertilizer (Rs/bag) 1,740.42
DAP (Rs./bag) 2,363.98
KCA Cotton (Rs/mound) 6,800.00

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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.