BasedLine

Date:16-Apr-2013
KSE-100 Index
 
Previous Index 18,714.25
Current Index 18,524.50
Change % -1.01
YTD (CY13) 9.58%
YTD (FY13) 34.22%
Volume (mn) 98.54
Capitilization (USDbn) 11.37
FIPI (USDmn)(Daily) -0.80
FIPI (USDmn) (YTD) 238.85

 

KSE-100 Index
Previous Index 32,977.39
Current Index 32,682.55
Change % -0.89
YTD (CY13) 12.21%
YTD (FY13) 37.46%
Volume (mn) 31.73
Capitilization (USDbn) 6.60

International Indicators
 
Close
%age
BSE-30 18,357.80 0.63
HANGSENG 21,772.67 -1.43
NIKKEI 225 13,275.66 -1.55
FTSE 6,343.60 -0.64
DJIA 14,599.20 -1.79
SSEC 2,181.94 -1.13
NASDAQ 3,216.49 -2.38

 
Close
%age
TASI 7,145.60 -0.70
KSE(Kuwait) 6,952.35 -0.16
BSE 1,087.63 -0.39
MSM 6,281.13 0.29
ADX 3,104.98 -0.93
DFM 1,967.96 -0.39
QSE 8,333.11 -0.57

KIBOR
 
%age
3 Months 9.53
6 Months 9.58
12 Months 9.91

T-Bills
%age
3 Months 9.39
6 Months 9.44
12 Months 9.51

Bonds
 
%age
3-Y PIB 10.79
5-Y PIB 11.35
10-Y PIB 12.00
20-Y PIB 12.51
30-Y PIB 12.61
Capital Market Overview

Market watch: Stocks slide after PTCL profits fall short of expectation

The Karachi Stock Exchange’s (KSE) benchmark 100-share index plunged 1.01% or 189.78 points to end at the 18,524.50 points level. Trade volumes were higher at 153 million shares, compared with Friday’s tally of 118 million shares. The value of shares traded during the day was Rs5.13 billion. more... (ET)

News Clippings

PTCL posts Rs 3.33bn profit in Q1 FY1

The Pakistan Telecommunications Company Limited (PTCL) here on Monday announced Rs 3.33 billion profit for the first quarter ended on March 31, 2013, registering an increase of 39.22 percent against Rs 2.39 billion in the same period of the last year.Profit of the company surged due to increase of revenue, other operating income and a decline of selling and marketing expenses. more... (DT)

Govt breaches SBP’s Act by borrowing Rs 183bn

The Asian Development Bank (ADB) has pointed out that the government has breached the State Bank of Pakistan Act by borrowing again Rs 183 billion in the second quarter, while retiring Rs 399 billion out of Rs 505 billion borrowed in the first quarter of fiscal year 2012-13. This was observed in ADB’s recent Asian Development Outlook regarding Pakistan’s economic development, the end of the government’s five-year term in mid-March 2013 limited political scope for major policy or structural reforms. more...(DT)

Higher expectations dampen Attock Cement’s profit jubilation

On Monday, Attock Cement – part of Attock Group – announced its performance during the January to March quarter of 2013, which was driven by higher prices of cement during the period despite subdued demand during the winter season. Profits grew 40% to Rs520 million during the period compared to Rs371 million in the corresponding quarter of 2012, according to a notice sent to the Karachi Stock Exchange. more... (ET)

SECP records 8% growth in new registrations

The Securities and Exchange Commission of Pakistan (SECP) registered 383 new limited liability companies in March, bringing the total corporate portfolio to 61,887 companies, a press statement said on Monday. About 8% growth was witnessed month-on-month in corporate registration. more... (ET)

Inflation to fall below govt’s target of 9.5pc: SB

The average inflation for the current fiscal year will fall below the government’s target of 9.5 percent, the latest report of the State Bank of Pakistan said. However, maintaining inflation may be more challenging for the government in the next fiscal year, it said. more...(N)

Marketing licences: Ogra barred from processing applications

The Supreme Court on Monday barred Oil and Gas Regulatory Authority (Ogra) from processing 200 applications for provisional and marketing licences approved by the then Prime Minister Raja Pervez Ashraf, subsequent to the relaxation of a ban a mere three days before the end of the constitutional tenure of his government on March 13, 2013. more...(BR)

NAVs and Returns
as of April 15, 2013
Funds Offer Redemption
POGSF
10.2613/-
10.2613/-
YTD Return
9.31%
POAIIF
53.0571/-
52.5265/-
YTD Return
7.48%
POAAAF
63.28/-
61.70/-
YTD Return
23.23%
POIAAF
61.37/-
59.84/-
YTD Return
13.83%
POAF
11.15/-
YTD Return
8.28%

 

Funds Rating
AMC
AM3
POAIIF
AA-(f)
POAF
A+ (f)
POAAAF
2 Star
POIAAF
4 Star
POGSF
AA(f)

  Mar-13 Feb-13
MoM (%)
AUM's (PKR bn) 346.19 344.82 0.40
No of AMCs 24 25 -4.00
No of Funds 175 177 -1.13

Economic Highlights
 
GDP Growth FY12 3.70%
Per Capita Income $1,250
Reserves
(April 5, 2013)
$11.75bn
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) 87.40
Gold Spot(USD/oz) 1,358.25
Cement (Rs./Bag) 457.88
Coal Spot(USD/ton) 81.37
Urea Fertilizer (Rs/bag) 1,716.82
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.