BasedLine

Date:04-Apr-2013
KSE-100 Index
 
Previous Index 18,345.74
Current Index 18,575.88
Change % 1.25%
YTD (CY13) 9.88%
YTD (FY13) 34.59%
Volume (mn) 125.66
Capitilization (USDbn) 11.20
FIPI (USDmn)(Daily) 1.96
FIPI (USDmn) (YTD) 233.00

 

KSE-100 Index
Previous Index 32,311.44
Current Index 32,919.03
Change % 1.88%
YTD (CY13) 13.02%
YTD (FY13) 38.45%
Volume (mn) 39.19
Capitilization (USDbn) 6.66

International Indicators
 
Close
%age
BSE-30 18,801.64 -1.26
HANGSENG 22,337.49 -0.14
NIKKEI 225 12,362.20 2.99
FTSE 6,420.30 -1.08
DJIA 14,550.35 -0.76
SSEC 2,225.29 -0.11
NASDAQ 3,218.60 -1.11

 
Close
%age
TASI 7,178.10 0.08
KSE(Kuwait) 6,814.36 0.81
BSE 1,090.17 -0.15
MSM 6,057.17 0.79
ADX 3,022.23 0.51
DFM 1,854.01 0.57
QSE 8,568.63 0.23

KIBOR
 
%age
3 Months 9.49
6 Months 9.54
12 Months 9.88

T-Bills
%age
3 Months 9.35
6 Months 9.41
12 Months 9.49

Bonds
 
%age
3-Y PIB 10.74
5-Y PIB 11.26
10-Y PIB 11.95
20-Y PIB 12.49
30-Y PIB 12.59
Capital Market Overview

Market watch: KSE continues on record-breaking streak

The Karachi Stock Exchange’s (KSE) benchmark 100-share index surged 1.25% or 230.14 points to end at 18,575.88 points. Trade volumes dropped to 203 million shares, compared with Tuesday’s tally of 225 million shares. The value of shares traded during the day was Rs8.42 billion.. more... (ET)

News Clippings

Fertiliser off-take: Urea sales 51% higher in March

Urea sales have increased by an encouraging 51% year-on-year (YoY) in March 2013 to nearly 400,000 tons.Out of that total, local manufacturers have sold nearly 340,000 tons, up by an impressive 196% over the same month of the preceding year, says a research note issued by BMA Capital, an investment bank. more... (ET)

Election spell strengthens rupee vs dollar

Currency dealers said that the fall in dollar demand and disappearance of dual rates in the open market are the outcome of election magic.While the inter-bank market is in pressure due to IMF payments, the open market is relaxed since the local currency is in high demand mainly due to election season. more... (D)

Country receives 0.1m more bales on yearly basis

The country received 12.88 million bales till the fortnight that ended on April 1, 2013, which is fractionally 100,000 cotton bales or 0.8 percent more as compared with 12.78 million bales during the same period in 2012, Pakistan Cotton Ginners Association (PCGA) spokesman said on Wednesday. more... (DT)

Islamic finance market likely to grow

Pakistan’s Islamic finance market may continue to mature and expand in the years ahead given growing investment by the Islamic banking industry in federal government securities through ijara sukuk (Islamic bonds), said banker.Recent statistics issued by the State Bank of Pakistan (SBP) suggest Islamic banking institutions (IBIs) invested Rs266 billion in government securities during the third quarter of 2012 against Rs154 billion over the same period in the last fiscal year, showing a year-on-year growth of 73.2 percent. more... (N)

Rs146bn raised through T-bills

The government raised Rs146 billion on Wednesday through treasury bills auction, the State Bank of Pakistan reported.The State Bank accepted bids amounting to Rs146 billion in three-, six- and 12-month maturities against the total face value of Rs149 billion for the auction. more... (N)

Iran will provide $500m for pipeline work

The Ministry of Petroleum and Natural Resources has said Iran will provide $500 million under a state-to-state arrangement for constructing a gas pipeline that will bring Iranian gas to Pakistan.According to the ministry, Iran has selected Tadbir Energy for construction of the pipeline, after an agreement was reached at the highest level following mutual consultation. more... (ET)

NAVs and Returns
as of April 03, 2013
Funds Offer Redemption
POGSF
10.2396/-
10.2396/-
YTD Return
9.43%
POAIIF
52.9509/-
52.4214/-
YTD Return
7.54%
POAAAF
64.74/-
63.12/-
YTD Return
26.06%
POIAAF
62.44/-
60.88/-
YTD Return
15.81%
POAF
11.11/-
YTD Return
8.22%

 

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
(March-13)
6.57%
CPI Gen. - FY13
(July 12- March 13)
8.00%

Commodities
 
WTI (USD/bbl) 96.69
Gold Spot(USD/oz) 1,567.90
Cement (Rs./Bag) 457.00
Coal Spot(USD/ton) 87.90
Urea Fertilizer (Rs/bag) 1,740.42
DAP (Rs./bag) 2,363.98
KCA Cotton (Rs/mound) 6,900.00

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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.