BasedLine

Date:09-Apr-2013
KSE-100 Index
 
Previous Index 18,636.03
Current Index 18,653.06
Change % 0.09
YTD (CY13) 10.34%
YTD (FY13) 35.15%
Volume (mn) 78.81
Capitilization (USDbn) 11.25
FIPI (USDmn)(Daily) -0.84
FIPI (USDmn) (YTD) 232.51

 

KSE-100 Index
Previous Index 32,934.50
Current Index 32,990.87
Change % 0.17
YTD (CY13) 13.27%
YTD (FY13) 38.75%
Volume (mn) 23.73
Capitilization (USDbn) 6.68

International Indicators
 
Close
%age
BSE-30 18,437.78 -0.07
HANGSENG 21.718.05 -0.04
NIKKEI 225 13,192.59 2.80
FTSE 6,276.90 0.43
DJIA 14,613.48 0.33
SSEC 2,211.59 -0.62
NASDAQ 3,222.25 0.57

 
Close
%age
TASI 7,160.52 0.67
KSE(Kuwait) 6,878.87 0.40
BSE 1,087.64 -0.27
MSM 6,148.92 0.25
ADX 3,070.08 0.45
DFM 1,916.64 2.22
QSE 8,520.71 -0.19

KIBOR
 
%age
3 Months 9.51
6 Months 9.56
12 Months 9.89

T-Bills
%age
3 Months 9.40
6 Months 9.43
12 Months 9.51

Bonds
 
%age
3-Y PIB 10.74
5-Y PIB 11.22
10-Y PIB 11.88
20-Y PIB 12.50
30-Y PIB 12.60
Capital Market Overview

Market watch: Bourse makes gains, but on a subdued note

The Karachi Stock Exchange's (KSE) benchmark 100-share index gained 0.09% or 17.03 points to end at 18,653.06 points. Trade volumes fell to a paltry 124 million shares compared with Friday's tally of 207 million shares. more... (ET)

News Clippings

SECP initiates inquiry against illegal investment schemes

The Securities and Exchange Commission of Pakistan (SECP) has initiated an inquiry into the affairs of registered companies that were accused of defrauding the general public by offering them investment opportunities in illegal schemes. more... (DT)

Economy under great strain: MoF informs Prime Minister

The Finance Ministry has reportedly noted with concern that the economy is under heavy pressure due to increase in expenditure and low revenue collection. This was stated by the Secretary Finance, Nasir Khosa and other senior officials during a briefing to the Prime Minister on state of the economy here on Monday. Governor State Bank of Pakistan (SBP) Dr Yaseen Anwar also briefed the Prime Minister about monetary situation. more... (BR)

Textile industry running short of working capital

Textile exporters claim that a major chunk of their working capital has been stuck in claims for tax and duty refund, which is jeopardising the country’s exports and hurting the national economy. more... (ET)

Finalising federal budget 2013-14

The Priorities Committee here on Monday started deliberations on separate development budget and current budget allocations of the federal ministries for finalising the upcoming federal budget 2013-14.Owing to tight fiscal position before the general elections, benchmarks have been set for increase in development budget and non-development budget allocations for the next fiscal year over the ongoing allocations. more... (DT)

Remittances likely to exceed $14bn in FY13

The inflow of workers’ remittances to Pakistan is likely to exceed $14 billion for the fiscal year ending June 30, 2103.However, they may witness a dip if forex spread (a rupee value difference between interbank and open markets) is widened and thereby increasing use of unofficial channels for money transfer, experts said on Monday. more... (N)

OGDC expands operations to discover new resources

Oil and Gas Development Company (OGDC) has said it is pushing ahead with its goal of drilling 11 new wells in the first half of 2013 to meet the country’s growing energy needs.A spokesperson for the company said the 11 wells include two exploratory wells named Raja-1 and Multan North-1, one appraisal well Chak Naurang South-2 and eight development wells namely Nashpa-4, Qadirpur-46 and 49, Bahu-5, 6 and 7, Rajian-7 and Bobi-10. more... (ET)

NAVs and Returns
as of April 08, 2013
Funds Offer Redemption
POGSF
10.2489/-
10.2489/-
YTD Return
9.38%
POAIIF
52.9969/-
52.4669/-
YTD Return
7.52%
POAAAF
64.72/-
63.10/-
YTD Return
26.02%
POIAAF
62.65/-
61.08/-
YTD Return
16.19%
POAF
11.13/-
YTD Return
8.21%

 

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) 93.60
Gold Spot(USD/oz) 1,575.21
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

 

Kindly Click here for PDF Version

(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.