BasedLine

Date:17-Apr-2013
KSE-100 Index
 
Previous Index 18,524.50
Current Index 18,361.87
Change % -0.88
YTD (CY13) 8.62%
YTD (FY13) 33.04%
Volume (mn) 105.34
Capitilization (USDbn) 11.27
FIPI (USDmn)(Daily) 4.32
FIPI (USDmn) (YTD) 243.17

 

KSE-100 Index
Previous Index 32,682.55
Current Index 32,268.48
Change % -1.27
YTD (CY13) 10.79%
YTD (FY13) 35.72%
Volume (mn) 34.48
Capitilization (USDbn) 6.52

International Indicators
 
Close
%age
BSE-30 18,744.93 2.11
HANGSENG 21,672.03 -0.46
NIKKEI 225 13,221.44 -0.41
FTSE 6,304.60 -0.61
DJIA 14,756.78 1.08
SSEC 2,194.85 0.59
NASDAQ 3,264.63 1.50

 
Close
%age
TASI 7,096.99 -0.68
KSE(Kuwait) 7,043.84 1.32
BSE 1,092.25 0.42
MSM 6,240.12 -0.65
ADX 3,094.26 -0.36
DFM 1,967.92 0.00
QSE 8,368.33 0.42

KIBOR
 
%age
3 Months 9.54
6 Months 9.59
12 Months 9.91

T-Bills
%age
3 Months 9.40
6 Months 9.44
12 Months 9.51

Bonds
 
%age
3-Y PIB 10.78
5-Y PIB 11.33
10-Y PIB 12.00
20-Y PIB 12.51
30-Y PIB 12.61
Capital Market Overview

Market watch: Stocks witness second day of heavy selling

The Karachi Stock Exchange’s (KSE) benchmark 100-share index slid 0.88% or 162.63 points to end at the 18,361.87 points level. Trade volumes rose to 184 million shares, compared with Monday’s tally of 153 million shares. The value of shares traded during the day was Rs6.46 billion. more... (ET)

News Clippings

FDI surges by 75.5% to $816.9m in 9 months of FY13

The country’s net foreign direct investment (FDI) surged 75.5 percent to $816.9 million in nine months of the current fiscal year 2012-13 as compared to $465.5 million received in the same period last fiscal year, the data released by State Bank of Pakistan (SBP) said here on Tuesday. more... (DT)

Power sector woes: MoF agrees to release Rs 10 billion

The Finance Ministry has agreed to release Rs 10 billion for the power sector. This consent was given by the new economic team at a high-level meeting held under the chairmanship of Prime Minister former Justice Mir Hazar Khan Khoso at PM's House convened to review the power situation in the country. The meeting was a follow up of an earlier meeting held last week in connection with excessive loadshedding in the country. more...(BR)

Budget 2013-14: FBR plans Rs 419 billion taxation measures

The Federal Board of Revenue is planning to propose taxation measures and administrative/enforcement actions to the tune of Rs 419 billion in budget (2013-14) through withdrawal of tax exemptions and administrative measures to improve recovery from registered persons. Sources told Business Recorder here on Tuesday that the budget makers are working on tax policy/administration measures of Rs 419 billion for next fiscal year against taxation/enforcement measures of Rs 128 billion taken in budget 2012-13. more... (BR)

POL announces Rs8.6 billion earnings in 3QFY13

Pakistan Oilfields Limited (POL) announced on Tuesday financial results for the first nine months of FY13, registering earnings of Rs8.6 billion (earnings per share of Rs36.46), down by eight percent on year-on-year basis.In the third quarter of FY13, earnings declined by Rs12.52 per share against profits of Rs13.26 per share in the corresponding period of last year, registering a decline of six percent on year-on-year basis. more... (N)

SMEs: Access to finance for small businesses to be encouraged

State Bank of Pakistan (SBP) and the Small and Medium Enterprises Development Authority (SMEDA) agreed on Tuesday to make joint efforts for facilitating access to finance for Small and Medium Enterprises (SMEs).This was said at a meeting between a team of SMEDA financial experts and CEO SMEDA Sardar Ahmad Nawaz Sukhera atSMEDA office here. more...(ET)

IPPs in debt of Rs 32bn due to minimal payments by govts

The Independent Power Producers (IPPs) of the country are in huge debt because of Water and Power Development Authority’s (WAPDA) default on its contractual obligations.Contrary to the Power Purchase Agreement, WAPDA has released meagre or in some cases absolutely no payments to the gas-fired IPPs over past few months. more...(DT)

NAVs and Returns
as of April 16, 2013
Funds Offer Redemption
POGSF
10.2701/-
10.2701/-
YTD Return
9.39%
POAIIF
53.0610/-
52.5304/-
YTD Return
7.46%
POAAAF
63.06/-
61.48/-
YTD Return
22.79%
POIAAF
61.06/-
59.53/-
YTD Return
13.24%
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) 88.70
Gold Spot(USD/oz) 1,367.59
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.