BasedLine

Date:19-Apr-2013
KSE-100 Index
 
Previous Index 18,394.12
Current Index 18,614.36
Change % 1.20
YTD (CY13) 10.11%
YTD (FY13) 34.87%
Volume (mn) 81.41
Capitilization (USDbn) 11.41
FIPI (USDmn)(Daily) 3.25
FIPI (USDmn) (YTD) 248.44

 

KSE-100 Index
Previous Index 32,205.87
Current Index 32,534.02
Change % 1.02
YTD (CY13) 11.70%
YTD (FY13) 36.83%
Volume (mn) 27.24
Capitilization (USDbn) 6.57

International Indicators
 
Close
%age
BSE-30 19,016.46 1.52
HANGSENG 21,512.52 -0.26
NIKKEI 225 13,220.07 -1.22
FTSE 6,243.70 -0.01
DJIA 14,537.14 -0.56
SSEC 2,197.60 0.17
NASDAQ 3,166.36 -1.20

 
Close
%age
TASI 7,060.04 -0.52
KSE(Kuwait) 7,078.18 -0.11
BSE 1,093.28 0.10
MSM 6,201.16 -0.51
ADX 3,088.97 -0.05
DFM 1,948.27 -1.11
QSE 8,422.26 0.15

KIBOR
 
%age
3 Months 9.53
6 Months 9.57
12 Months 9.88

T-Bills
%age
3 Months 9.39
6 Months 9.44
12 Months 9.50

Bonds
 
%age
3-Y PIB 10.74
5-Y PIB 11.32
10-Y PIB 12.00
20-Y PIB 12.52
30-Y PIB 12.62
Capital Market Overview

Market watch: Foreign buying directs investment flow.

The Karachi Stock Exchange’s (KSE) benchmark 100-share index rose 1.2% or 220.24 points to end at the 18,614.36 point level. Trade volumes fell to 147 million shares compared with Wednesday’s tally of 174 million shares. more... (ET)

News Clippings

$533m repayment in May 2013

Pakistan is heading towards a difficult situation on its foreign reserves front as it has to pay around $4.8 billion to the International Monetary Fund (IMF) under Stand-by Arrangement (SBA) loan facility till June 30, 2014.The rupee and forex reserves would likely come under pressure when Pakistan will make repayment under IMF’s SBA loan facility in three equal phases amounting $533 million in May 2013. more... (DT)

Power sector: minister exposes black market network

Caretaker Minister for Water and Power Dr Musadik Malik has exposed black marketing network operating in the power sector which is causing a loss of billions of rupees to the national exchequer on a daily basis. more...(BR)

Government borrowing from banks hits record high

Government borrowing from commercial banks reached a record high of Rs864 billion between July 1, 2012 and April 5, 2013 on account of the higher fiscal deficit and a slowdown in revenue receipts.The latest figures on monetary aggregates issued by the State Bank of Pakistan (SBP) showed that public sector borrowing from scheduled banks saw a sharper increase of Rs196 billion, or 29.6 percent, in the same period over the corresponding period last year. more... (N)

Foreign reserves stand at $11.69 billion

The total liquid foreign exchange reserves of the country declined by $68 million last week to $11.690 billion, the SBP’s statement said here on Thursday. According to the statement, the country’s forex reserves stood at $11.690 billion, down by $68 million as compared to the last week’s reserves position of $11.758 million. more... (DT)

Banks face liquidity crunch: Govt raises only Rs28 billion

TThe State Bank could hardly raise Rs28 billion for government on Wednesday through treasury bills which is much below the target of Rs175bn.Bankers said that the market had been facing severe shortage of liquidity and that was a deliberate attempt by the central bank, signalling banks to stop rush for government papers. more...(D)

OGRA revises wellhead gas prices for OGDC fields

The Oil and Gas Regulatory Authority (Ogra) revised the wellhead gas prices upwards for the fields operated by the Oil and Gas Development Company (OGDC) for the period January 1 to June 30, according to a notice sent to the Karachi Stock Exchange.However, industry and market analysts express dismay over the nominal upward revision of wellhead gas prices. more...(ET)

NAVs and Returns
as of April 18, 2013
Funds Offer Redemption
POGSF
10.2741/-
10.2741/-
YTD Return
9.37%
POAIIF
53.0770/-
52.5462/-
YTD Return
7.45%
POAAAF
63.55/-
61.96/-
YTD Return
23.75%
POIAAF
61.45/-
59.91/-
YTD Return
13.96%
POAF
11.16/-
YTD Return
8.25%

 

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 19, 2013)
$11.69bn
Trade Deficit
(July 12-March13)
$(15.39)bn
Curr. A/C
(July 12-March 13)
$(1.02)bn
Remittances
(July 12-March 13)
$10.35bn
Foreign Investment (July-March 13) $622.00mn
CPI Gen. - YoY
(March-13)
6.57%
CPI Gen. - FY13
(July 12- March 13)
8.00%

Commodities
 
WTI (USD/bbl) 87.94
Gold Spot(USD/oz) 1,396.71
Cement (Rs./Bag) 459.00
Coal Spot(USD/ton) 87.90
Urea Fertilizer (Rs/bag) 1,712.00
DAP (Rs./bag) 2,363.98
KCA Cotton (Rs/mound) 6,700.00

 

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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.