BasedLine

Date:02-Apr-2013
KSE-100 Index
 
Previous Index 18,043.31
Current Index 18,272.11
Change % 1.27%
YTD (CY13) 8.08%
YTD (FY13) 32.39%
Volume (mn) 109.08
Capitilization (USDbn) 11.02
FIPI (USDmn)(Daily) 1.99
FIPI (USDmn) (YTD) 229.66

 

KSE-100 Index
Previous Index 31,598.72
Current Index 32,096.85
Change % 1.58%
YTD (CY13) 10.20%
YTD (FY13) 34.99%
Volume (mn) 45.54
Capitilization (USDbn) 6.50

International Indicators
 
Close
%age
BSE-30 18,864.75 0.15
HANGSENG 22,299.63 -0.74
NIKKEI 225 12,135.02 -2.12
FTSE 6,411.70 0.38
DJIA 14,572.85 -0.04
SSEC 2,234.40 -0.10
NASDAQ 3,239.17 -0.87

 
Close
%age
TASI 7,157.85 0.45
KSE(Kuwait) 6,736.42 0.22
BSE 1,091.11 -0.04
MSM 5,968.82 -0.35
ADX 3,009.37 -0.53
DFM 1,825.76 -0.19
QSE 8,500.96 -0.89

KIBOR
 
%age
3 Months 9.52
6 Months 9.57
12 Months 9.90

T-Bills
%age
3 Months 9.37
6 Months 9.43
12 Months 9.50

Bonds
 
%age
3-Y PIB 10.79
5-Y PIB 11.29
10-Y PIB 11.85
20-Y PIB 12.48
30-Y PIB 12.58
Capital Market Overview

Easing inflation figures boost Pakistani stocks

The Karachi Stock Exchange’s (KSE) benchmark 100-share index ended 1.27 per cent, or 228.80 points, higher at 18,272.11 points. more... (D)

News Clippings

Continuing downward trend: Inflationary pressure eases to lowest level in six years

During March, the last month in power for the coalition government led by the Pakistan Peoples Party, inflation reportedly fell to 6.57% – a level not seen in almost six years. However, experts have pointed out that the continuing downward trend of inflation over the preceding months is more a result of changes in the methodology used to calculate inflation (introduced last year), rather than a tangible decrease in upward pressure on prices of essential commodities. more... (ET)

NIT announces poor results for 2012

The National Investment Trust (NIT) Limited has reported a dismal performance of its major stock market related funds in the second half of 2012. The National Investment (Unit) Trust’s – NI(U)T – and NIT-State Enterprise Fund – SEF – have reported a sharp decline in net income. more... (N)

Amnesty for textile defaulters extended

Giving a further relaxation to textile companies, the Federal Board of Revenue (FBR) decided on Monday to extend the tax amnesty scheme by another 15 days, sources said.They added that the defaulting textile companies can now pay two percent of total outstanding tax liabilities without facing any legal action. While the decision has been taken, a notification will be issued today in this regard, they added. more... (N)

Banking sector performance

THE 20 commercial banks listed on the stock market posted a combined profit after tax of Rs118 billion in 2012 against Rs107 billion a year earlier, showing a nine per cent growth. The recently released financial figures of the banking sector for the year ended Dec 31, 2012 pointed out that lower provisioning by 28 per cent year on year (YoY), and 27 per cent higher non-interest income, compensated for the three per cent YoY decline in net interest income (NII). more... (D)

12th SBA instalment: IMF paid $106.5 million

The country on Monday paid $106.5 million to the International Monetary Fund (IMF) on account of 12th instalment of Stand-By Arrangement (SBA) programme. This is the second payment during the last one week as 11th instalment of SBA worth $143.75 million was paid on March 28, 2013 to IMF. more... (BR)

Hiked taxes: Collection of petroleum levy, GST to increase

The collection of petroleum levy and general sales tax on sales of petroleum products to consumers is expected to go up by Rs1.3 billion in April following an increase in the levy as the government has made less-than-required reduction in prices of oil products, sources say. more... (ET)

NAVs and Returns
as of April 01, 2013
Funds Offer Redemption
POGSF
10.2360/-
10.2360/-
YTD Return
9.45%
POAIIF
52.9252/-
52.3959/-
YTD Return
7.52%
POAAAF
63.31/-
61.73/-
YTD Return
23.29%
POIAAF
61.16/-
59.63/-
YTD Return
13.43%
POAF
11.11/-
YTD Return
8.22%

 

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) 96.77
Gold Spot(USD/oz) 1,602.71
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) 6,800.00

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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.