BasedLine

Date:02-May-2013
KSE-100 Index
 
Previous Index 18,822.85
Current Index 18,982.42
Change % 0.85
YTD (CY13) 12.29%
YTD (FY13) 37.54%
Volume (mn) 134.00
Capitilization (USDbn) 11.41
FIPI (USDmn)(Daily) -0.18
FIPI (USDmn) (YTD) 252.06

 

KSE-100 Index
Previous Index 32,793.38
Current Index 32,963.96
Change % 0.52
YTD (CY13) 13.18%
YTD (FY13) 38.64%
Volume (mn) 35.14
Capitilization (USDbn) 6.66

International Indicators
 
Close
%age
BSE-30 19,504.18 0.60
HANGSENG 22,737.01 0.69
NIKKEI 225 13,799.35 -0.44
FTSE 6,451.30 0.33
DJIA 14,700.95 -0.94
SSEC 2,177.91 -0.97
NASDAQ 3,299.13 -0.89

 
Close
%age
TASI 7,175.36 -0.06
KSE(Kuwait) 7,562.83 1.78
BSE 1,104.17 0.28
MSM 6,127.16 0.30
ADX 3,273.50 -0.00
DFM 2,136.67 0.06
QSE 8,667.85 -0.11

KIBOR
 
%age
3 Months 9.54
6 Months 9.58
12 Months 9.92

T-Bills
%age
3 Months 9.38
6 Months 9.43
12 Months 9.50

Bonds
 
%age
3-Y PIB 10.42
5-Y PIB 10.89
10-Y PIB 11.76
20-Y PIB 12.46
30-Y PIB 12.55
Capital Market Overview

Market watch: Stocks pick up on improving outlook

The bourse swung only one way on Tuesday, with stocks ticking up from the get-go to breach the landmark 19,000 points barrier during intraday trade before closing slightly below that level by the end of the session. The Karachi Stock Exchange’s (KSE) benchmark 100-share index surged 0.85% or 159.57 points to end at the 18,982.42 points level. Trade volumes improved to 195 million shares, compared with Monday’s tally of 157 million shares. The value of shares traded during the day was Rs4.87 billion. more... (ET)

News Clippings

Pakistan to decide on IMF package by November

Pakistan would be required to take a decision to take a new International Monetary Fund (IMF) programme in June-July or October-November this year because the country would need to make a payment of SDR 1.685 billion to IMF by November 2013. more... (BR)

Hubco power plant in Narowal shut down

Hub Power Company's (Hubco) 225MW thermal power plant in Narowal has been shut down due to shortage of fuel. "Circular debt continues to affect the operations of its plants and the Narowal plant, which had been partially operating since the first week of January, has been completely shut since 26 March 2013 on account of fuel shortage. more...(BR)

Revenue body to use WHT data to broaden tax base

The Federal Board of Revenue (FBR) has gathered information regarding withholding tax deducted by banks and decided to use it for broadening the tax base. Sources in FBR said that Large Taxpayers Unit (LTU) Karachi had submitted the information regarding withholding tax deductions made by 30 banks between July 1, 2011 and June 30, 2012. more... (N)

Uncertainty over elections badly impacts exports

The business community has urged the caretaker government to hold the next general elections on time, as uncertainty is continuously causing losses to exports. “The elections should be held on time and at any cost,” Gulzar Firoz, vice president of the Federation of Pakistan Chambers of Commerce (FPCCI), said. more... (N)

CPI to clock in at 5% in April

Pakistan’s Consumer Price Index (CPI) inflation for the month of April 2013 is expected to clock in at 4.50 percent to 5.0 percent, marking a new low since July 2007, mainly due to decline in prices of the food items group, analysts said on Tuesday. more...(DT)

NBP surpasses agri credit disbursement target

National Bank of Pakistan (NBP) has surpassed with wide margin the agriculture credit disbursement target fixed for first nine months of the fiscal July-March period of ongoing fiscal year 2012-13. Against the target of Rs 35.625 billion actual disbursement amounted to Rs 42.384 billion projecting disbursement at 119 percent of the target. . more...(DT)

NAVs and Returns
as of April 30, 2013
Funds Offer Redemption
POGSF
10.1271/-
10.1271/-
YTD Return
9.28%
POAIIF
52.2177/-
51.6955/-
YTD Return
7.40%
POAAAF
63.41/-
61.82/-
YTD Return
23.47%
POIAAF
61.72/-
60.18/-
YTD Return
14.48%
POAF
11.19/-
YTD Return
8.26%

 

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) 91.10
Gold Spot(USD/oz) 1,454.30
Cement (Rs./Bag) 459.00
Coal Spot(USD/ton) 85.80
Urea Fertilizer (Rs/bag) 1,709.00
DAP (Rs./bag) 2,490.49
KCA Cotton (Rs/mound) 6,600.00

 

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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.