BasedLine

Date:28-Mar-2013
KSE-100 Index
 
Previous Index 17,872.15
Current Index 17,926.14
Change % 0.30%
YTD (CY13) 5.87%
YTD (FY13) 29.68%
Volume (mn) 91.14
Capitilization (USDbn) 10.80
FIPI (USDmn)(Daily) 0.98
FIPI (USDmn) (YTD) 226.50

 

KSE-100 Index
Previous Index 31,222.45
Current Index 31,210.54
Change % -0.04%
YTD (CY13) 7.16%
YTD (FY13) 31.27%
Volume (mn) 45.91
Capitilization (USDbn) 6.32

International Indicators
 
Close
%age
BSE-30 18,704.53 0.12
HANGSENG 22,464.82 0.69
NIKKEI 225 12,493.79 0.18
FTSE 6,387.60 -0.18
DJIA 14,526.16 -0.23
SSEC 2,301.26 0.16
NASDAQ 3,256.52 0.12

 
Close
%age
TASI 7,177.62 0.01
KSE(Kuwait) 6,776.41 -0.01
BSE 1,085.81 -0.11
MSM 6,073.36 -1.63
ADX 3,009.25 -0.17
DFM 1,836.71 -1.56
QSE 8,606.67 0.39

KIBOR
 
%age
3 Months 9.51
6 Months 9.57
12 Months 9.88

T-Bills
%age
3 Months 9.38
6 Months 9.43
12 Months 9.51

Bonds
 
%age
3-Y PIB 10.89
5-Y PIB 11.40
10-Y PIB 11.92
20-Y PIB 12.50
30-Y PIB 12.60
Capital Market Overview

Market Watch: Oil and gas sector helps bourse close in black

The Karachi Stock Exchange’s (KSE) benchmark 100-share index gained 0.3% or 53.99 points to end at 17,926.14 point level. Falling for a third consecutive day, trade volumes were down to a paltry level of 148 million shares compared with Tuesday’s tally of 150 million shares. more... (ET)

News Clippings

Pay tax or face trial for Rs300 bn discrepancies, textile mills told

The tax authorities have unearthed huge discrepancies to the tune of Rs300 billion in the sales record of textile giants and have now fixed March 31, 2013 deadline for making payments of agreed due tax at the rate of 2 percent or face prosecution.The FBR has disclosed the names of major tax defaulters allegedly involved in tax evasion. “We have estimated that the first 300 textile units will have to pay 90 percent of due tax to the tune of Rs10 billion,” a senior official of FBR disclosed to The News here on Wednesday. more... (N)


Fordelisting,Unilever Pakistan faces a higher price

Delisting from local bourses got a little more expensive for Unilever Pakistan after the Karachi Stock Exchange (KSE) announced that the global food and consumer goods giant will be required to pay nearly 55% higher than its initial offering price to its minority shareholders if it wants to go ahead with the plan of taking its Pakistani subsidiary private. more... (ET)


Proposal by SECP: 'insider trading' to be considered criminal offence

The Securities and Exchange Commission of Pakistan (SECP) has proposed inclusion of 'insider trading' at stock exchanges as a criminal offence in the draft Securities Act which would replace the Securities and Exchange Ordinance, 1969. According to the SECP annual report-2012, the SECP is responsible to strengthen Anti-Money Laundering (AML) regime in Pakistan in the areas under its ambit including; NBFC, brokers, insurance companies and the NPO sector. more... (BR)


Over 65 textile companies face action: Rs 400 billion illegal sales involve Rs 20 billion ST

Over 65 top/prominent textile companies made illegal sales of Rs 400 billion involving sales tax of Rs 20 billion and face prosecution, FIRs, arrests and criminal proceedings in case they fail to clear their sales tax liabilities by March 31, 2013 under amnesty scheme. more... (BR)

Construction sector to add 5pc to GDP: experts

Construction industry experts say that facilitating the construction sector will not only increase government taxes but will also add five percent to Pakistan’s gross domestic product (GDP) in addition to reducing the shortfall of housing units.Chairman Zaamin Developers Akber Sheikh said that according to the population census held in 1998, housing stock in Pakistan was 19.21 million, of which, 7.18 million units were in urban and 12.03 million in rural region. more...(N)

NAVs and Returns
as of March 27, 2013
Funds Offer Redemption
POGSF
10.2261/-
10.2261/-
YTD Return
9.49%
POAIIF
52.8806/-
52.3518/-
YTD Return
7.55%
POAAAF
61.95/-
60.40/-
YTD Return
20.63%
POIAAF
59.64/-
58.15/-
YTD Return
10.61%
POAF
11.11/-
YTD Return
8.33%

 

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) 96.70
Gold Spot(USD/oz) 1606.00
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

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.