BasedLine

Date:11-Apr-2013
KSE-100 Index
 
Previous Index 18,713.61
Current Index 18,723.35
Change % 0.05
YTD (CY13) 10.75%
YTD (FY13) 35.66%
Volume (mn) 79.21
Capitilization (USDbn) 11.29
FIPI (USDmn)(Daily) 2.01
FIPI (USDmn) (YTD) 237.32

 

KSE-100 Index
Previous Index 33,062.01
Current Index 33,065.32
Change % 0.01
YTD (CY13) 13.53%
YTD (FY13) 39.07%
Volume (mn) 36.39
Capitilization (USDbn) 6.69

International Indicators
 
Close
%age
BSE-30 18,414.45 1.03
HANGSENG 22,034.56 0.75
NIKKEI 225 13,288.13 0.73
FTSE 6,387.40 1.18
DJIA 14,802.24 0.88
SSEC 2,226.13 0.02
NASDAQ 3,297.25 1.83

 
Close
%age
TASI 7,237.82 0.66
KSE(Kuwait) 6,943.53 0.06
BSE 1,085.19 -0.50
MSM 6,236.73 0.63
ADX 3,117.22 0.93
DFM 1,956.02 -0.35
QSE 8,511.28 -0.08

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

T-Bills
%age
3 Months 9.39
6 Months 9.42
12 Months 9.51

Bonds
 
%age
3-Y PIB 10.66
5-Y PIB 11.20
10-Y PIB 11.89
20-Y PIB 12.50
30-Y PIB 12.60
Capital Market Overview

Market watch: Lacklustre activity forces KSE to close flat

The Karachi Stock Exchange’s (KSE) benchmark 100-share index remained virtually flat, climbing just 0.05% or 9.74 points to end at the 18,723.35 point level. Trade volumes improved to 152 million shares compared with Tuesday’s tally of 128 million shares. more... (ET)

News Clippings

Auto sector sales decline 19% on yearly basis

The cumulative auto sales witnessed 19 percent yearly decline to 228,124 units in March 2013, as against the sales of 283,110 units in the same period last year due to double digit decline in the sales of almost all segments except tractors, analysts said. more... (DT)

Hubco demands release of Rs 19bn dues from govt

The Hub Power Company Limited (Hubco) has demanded of the caretaker government to immediately release the overdue amount Rs 19 billion for obtaining power from its Narowal Power Plant, says a press release on Wednesday. The 225 megawatts (MW) power plant located in Punjab is completely shut down due to non-availability of oil. more... (DT)

Delayed SBP report to appear this week

The State Bank’s first quarterly report for the current fiscal year is late again, because of what some economic experts are calling political compulsions and “government pressure”.Historically, the report for the first quarter is issued by the end of the second quarter, i.e. December. For the last two years, however, the SBP has been issuing the report in January. more... (N)

Circular debt piling up: FBR blocks Rs 72 billion of Discos and Gencos.

TThe Federal Board of Revenue (FBR) has reportedly blocked Rs 72 billion of power Distribution Companies (Discos) and Generation Companies (Gencos) on different accounts which is one of the chief reasons for the circular debt. more... (BR)

Pakistan’s booming market no black and white matter

With 49 per cent returns in 2012, the Karachi Stock Exchange (KSE) was one of the five best performing markets in the world. Now it is seeking a foreign partner to buy a stake and take over management of a market that has risen three-fold over the past four years. more...(D)

Remittances rise past $10 billion in nine months of FY13

Remittances sent home by overseas Pakistanis rose 6.35% to $10.354 billion in the first nine months (July-March) of the current fiscal year 2012-13, in a sign that overseas workers are increasingly adopting formal channels for money transfer and providing some cushion against the falling foreign reserves of the country. more... (ET)

NAVs and Returns
as of April 10, 2013
Funds Offer Redemption
POGSF
10.2523/-
10.2523/-
YTD Return
9.36%
POAIIF
53.0146/-
52.4845/-
YTD Return
7.51%
POAAAF
64.58/-
62.97/-
YTD Return
25.76%
POIAAF
62.75/-
61.18/-
YTD Return
16.38%
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-March 13)
$10.35bn
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) 94.32
Gold Spot(USD/oz) 1,559.91
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.