BasedLine

Date:01-Apr-2013
KSE-100 Index
 
Previous Index 17,947.76
Current Index 18,043.31
Change % 0.53%
YTD (CY13) 6.73%
YTD (FY13) 30.74%
Volume (mn) 109.02
Capitilization (USDbn) 10.88
FIPI (USDmn)(Daily) 0.22
FIPI (USDmn) (YTD) 227.66

 

KSE-100 Index
Previous Index 31,401.48
Current Index 31,598.72
Change % 0.63%
YTD (CY13) 8.49%
YTD (FY13) 32.90%
Volume (mn) 38.19
Capitilization (USDbn) 6.39

International Indicators
 
Close
%age
BSE-30 18,835.77 0.70
HANGSENG 22,299.63 -0.74
NIKKEI 225 12,397.91 0.50
FTSE 6,411.70 0.38
DJIA 14,578.54 0.36
SSEC 2,236.62 0.01
NASDAQ 3,267.52 0.34

 
Close
%age
TASI 7,125.73 -0.45
KSE(Kuwait) 6,721.52 0.02
BSE 1,091.58 0.04
MSM 5,989.68 -1.02
ADX 3,025.33 0.25
DFM 1,829.24 -0.85
QSE 8,577.72 -0.10

KIBOR
 
%age
3 Months 9.53
6 Months 9.58
12 Months 9.92

T-Bills
%age
3 Months 9.39
6 Months 9.43
12 Months 9.51

Bonds
 
%age
3-Y PIB 10.86
5-Y PIB 11.36
10-Y PIB 11.89
20-Y PIB 12.45
30-Y PIB 12.55
Capital Market Overview

Weekly review: Lifeless market manages to cross 18,000 points

It was a topsy-turvy week for the bourse as investors initially chose to book profits during the week, before the bulls staged a small comeback and helped in capping the week in green, climbing 80 points or 0.4% to close at 18,043 points on March 29. more... (ET)

News Clippings

Power sector: IMF expresses displeasure at rollback of reforms

The International Monetary Fund (IMF) has expressed its displeasure over rollback of power sector reforms and its team will hold talks with Pakistani officials in the first week of April where power sector reforms will be on top of the agenda, sources say.Just a few days before leaving office this month, former prime minister Raja Pervez Ashraf had placed the entire power sector under the administrative control of Water and Power Development Authority (Wapda) chairman. more... (ET)

Petroleum prices reduced

After approval by the government, the oil companies on Sunday notified a nominal reduction in prices of petrol and diesel by 77 paisa and 62 paisa per litre respectively. The new prices became effective from Sunday midnight. The ex-depot price of petrol (motor gasoline) was fixed at Rs102.30 per litre, down by 77 paisa per litre from Rs103.07 and that of high speed diesel (HSD) at Rs108.59 per litre, down by 62 paisa per unit from Rs109.21. more... (D)

Massive decline in revenue collection: FBR seeks to shift blame onto other factors

Federal Board of Revenue (FBR) has reportedly shifted responsibility of massive decline in revenue collection onto other factors including enhanced impact of Free Trade Agreements (FTAs), global recession, energy crisis and others. FBR, in its presentation to the caretaker Prime Minister, Mir Hazar Khan Khoso, last week gave tailored reasons for the reduction in duty and tax collections during the first nine months of current fiscal year which led to a downward revision of revenue target. more... (BR)

Drafting new corporate law: SECP chief establishes a dedicated secretariat

In order to ensure the timely completion of much-awaited review of country's existing corporate law, Chairman, Securities and Exchange Commission of Pakistan (SECP), Muhammad Ali has established a dedicated secretariat with a sole objective of drafting a new corporate law. more... (BR)

Seeking restructuring, Wateen sponsor offers shareholders a buyback

In a stunningly candid letter to investors, Wateen Telecom’s majority shareholder Warid Telecom International (WTI) admitted that the company does not offer value to its minority shareholders, does not have the capacity to repay its debts, and is thus offering to buy out the rest of the company for Rs4.50 per share. more... (ET)

Rs289bn raised through NSS

The outgoing government raised Rs289 billion through the National Savings Schemes (NSS) during the first eight months of this fiscal year, which was more than what it generated in the entire 2011-12. more... (D)

NAVs and Returns
as of March 29, 2013
Funds Offer Redemption
POGSF
10.2301/-
10.2301/-
YTD Return
9.48%
POAIIF
52.8985/-
52.3695/-
YTD Return
7.54%
POAAAF
62.55/-
60.99/-
YTD Return
21.81%
POIAAF
60.41/-
58.90/-
YTD Return
12.04%
POAF
11.11/-
YTD Return
8.32%

 

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) 96.90
Gold Spot(USD/oz) 1,598.00
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) 6,800.00

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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.