BasedLine

Date:10-Apr-2013
KSE-100 Index
 
Previous Index 18,653.06
Current Index 18,713.61
Change % 0.32
YTD (CY13) 10.70%
YTD (FY13) 35.59%
Volume (mn) 70.73
Capitilization (USDbn) 11.28
FIPI (USDmn)(Daily) 2.79
FIPI (USDmn) (YTD) 235.31

 

KSE-100 Index
Previous Index 32,990.87
Current Index 33,062.01
Change % 0.22
YTD (CY13) 13.52%
YTD (FY13) 39.05%
Volume (mn) 21.23
Capitilization (USDbn) 6.69

International Indicators
 
Close
%age
BSE-30 18,226.48 -1.15
HANGSENG 21,870.34 0.70
NIKKEI 225 13,192.35 0.00
FTSE 6,313.20 0.58
DJIA 14,673.46 0.41
SSEC 2,225.77 0.64
NASDAQ 3,237.86 0.48

 
Close
%age
TASI 7,190.31 0.42
KSE(Kuwait) 6,943.53 0.94
BSE 1,090.60 0.27
MSM 6,197.93 0.80
ADX 3,088.39 0.60
DFM 1,962.92 2.41
QSE 8,518.34 -0.03

KIBOR
 
%age
3 Months 9.52
6 Months 9.57
12 Months 9.89

T-Bills
%age
3 Months 9.40
6 Months 9.42
12 Months 9.51

Bonds
 
%age
3-Y PIB 10.70
5-Y PIB 11.21
10-Y PIB 11.89
20-Y PIB 12.50
30-Y PIB 12.60
Capital Market Overview

Market watch: Excitement surrounding results spur buying

The Karachi Stock Exchange’s (KSE) benchmark 100-share index gained 0.32% or 60.55 points to end at the 18,713.61 point level. Trade volumes improved marginally to 128 million shares compared with Monday’s tally of 124 million shares. more... (ET)

News Clippings

Sinking like a rock: Slim chances of recovery for Pakistan’s directionless economy, says ADB

Amid deep-rooted concerns over a “directionless” economy due to failure of the previous government and inability of the caretaker setup to take immediate meaningful steps, the Asian Development Bank has warned that Pakistan’s current growth model is unsustainable that also undermines future prospects. more... (ET)

PSEs borrow Rs43 billion from banks in 9 months

The loss-making public sector enterprises (PSEs) borrowed an amount of Rs42.7 billion from commercial banks in the first nine months of the current fiscal year, showed the latest figures released by the State Bank of Pakistan (SBP) on Tuesday. more... (N)

July-February period: foreign investors repatriate $548 million

Despite slow economic activity in the county, foreign investors repatriated $548 million abroad on account of profit and dividend during the first eight months of current fiscal year, ie, 2012-13 (FY13). However, according to State Bank of Pakistan, the repatriated amount is slightly lower than the same period of last fiscal year. more... (BR)

20pc hike likely in medicine prices

The market is rife with rumours that the Drug Regulatory Authority Policy Board’s meeting on Wednesday is likely to approve a price hike of 10-20 per cent.Besides participation of 13 member policy board members, industry associations representing MNCs and local industries will also attend the meeting as observers. more... (D)

Heavy fiscal imbalances: engagement with IMF Proposed

Secretary Finance has proposed engagement with the International Monetary Fund (IMF) with the deficit rising due to overspending relative to resources, well-informed sources told Business Recorder."The country is suffering from heavy fiscal imbalances as we are spending more than what we earn. Pakistan should remain in contact with the IMF, either we need a programme or not," the sources quoted Secretary Finance, Nasir Khosa while briefing the Prime Minister and Federal Cabinet on April 5, 2013. more... (BR)

PM orders to inject Rs 20 billion to ease power crisis

Caretaker Prime Minister Justice (retd) Mir Hazar Khan Khoso Tuesday directed the ministry of water and power to take immediate measures to improve power situation and use all available resources to ensure power generation is optimised so that minimum loadshedding is carried out in the country.It was decided that the finance ministry would inject an amount of Rs20 billion immediately to ensure fuel supply to thermal power plants. more... (D)

NAVs and Returns
as of April 09, 2013
Funds Offer Redemption
POGSF
10.2508/-
10.2508/-
YTD Return
9.37%
POAIIF
53.0057/-
52.4756/-
YTD Return
7.51%
POAAAF
64.72/-
63.10/-
YTD Return
26.02%
POIAAF
62.70/-
61.13/-
YTD Return
16.28%
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) 93.91
Gold Spot(USD/oz) 1,586.93
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.