BasedLine

Date:03-May-2013
KSE-100 Index
 
Previous Index 18,982.42
Current Index 19,034.53
Change % 0.27
YTD (CY13) 12.59%
YTD (FY13) 37.92%
Volume (mn) 106.79
Capitilization (USDbn) 11.45
FIPI (USDmn)(Daily) 1.11
FIPI (USDmn) (YTD) 256.77

 

KSE-100 Index
Previous Index 32,963.96
Current Index 33,032.89
Change % 0.21
YTD (CY13) 13.42%
YTD (FY13) 38.93%
Volume (mn) 21.94
Capitilization (USDbn) 6.67

International Indicators
 
Close
%age
BSE-30 19,735.77 1.19
HANGSENG 22,668.30 -0.30
NIKKEI 225 13,694.04 -0.76
FTSE 6,460.70 0.15
DJIA 14,831.58 0.89
SSEC 2,174.12 -0.17
NASDAQ 3,340.62 1.26

 
Close
%age
TASI 7,175.36 -0.06
KSE(Kuwait) 7,593.84 0.41
BSE 1,102.60 -0.14
MSM 6,145.72 0.30
ADX 3,280.18 0.20
DFM 2,128.79 -0.37
QSE 8,748.68 0.93

KIBOR
 
%age
3 Months 9.57
6 Months 9.60
12 Months 9.93

T-Bills
%age
3 Months 9.40
6 Months 9.43
12 Months 9.49

Bonds
 
%age
3-Y PIB 10.36
5-Y PIB 10.86
10-Y PIB 11.72
20-Y PIB 12.45
30-Y PIB 12.53
Capital Market Overview

Market watch: Bourse breaches the 19,000-point barrier

The country’s largest bourse managed to breach the landmark 19,000 points barrier after slowly creeping up and hovering near the all-time high point for the past few sessions. Volumes clocked in low as investors remain wary of taking new positions ahead of the general elections due in less than ten days. more... (ET)

News Clippings

July-April period: CPI surges by 7.75 percent: PBS

The Consumer Price Index CPI increased by 7.75 percent during July-April 2012-13 as compared to the same period last year, according to Pakistan Bureau of Statistics (PBS). Addressing a press conference here on Thursday, Member National Accounts /Trade/Prices of PBS, Arif Mehmood Cheema said CPI inflation witnessed an increase of 1.09 percent in April 2013 over the previous month, while it increased by 5.8 percent as compared to April 2012. more... (BR)

Budget makers mulling over ST rate hike to 17 percent

Budget makers are reviewing a proposal to increase the standard rate of sales tax from existing 16 percent to 17 percent as a major revenue generation measure in Federal Budget (2013-14). Sources told Business Recorder on Thursday that the budget preparation exercise focuses on key revenue generation measures in sales tax, income tax and federal excise duty for 2013-14. more...(BR)

Telecom sector registers remarkable growth in 2012

Telecom sector has shown remarkable growth in 2012 where total tele-density reached 72 percent, cellular subscribers crossed 120 million and broadband subscribers crossed the figure of two million, reflecting annual growth of 100 percent. more... (BR)

Efforts afoot to raise GDP growth rate in FY13

Without taking the Planning Commission, the State Bank of Pakistan and other stakeholders into confidence on rebasing of economy from 1999-2000 to 2005-06, efforts are underway to push up gross domestic product’s growth rate close to four percent for fiscal 2012-13 by showing increased consumption on various heads, sources said. more... (N)

KSE proposes listing of top state-run firms

The Karachi Stock Exchange has asked the federal government to revisit its policy on corporate taxation, proposing that it exempt dividends from 10 percent tax and reduce corporate tax to 25 percent. more...(N)

Cement sector earnings increase two-fold

Profits for the cement sector have increased two-fold to Rs26.2 billion in nine months that ended on March 31 against Rs11.2 billion earned in the same period last year, a brokerage house reported on Thursday. more...(N)

Power sector: MoF refuses to release Rs 45 billion

The Finance Ministry has reportedly refused to release Rs 45 billion to Ministry of Water and Power arguing that power sector has already exhausted the revised budget of Rs 291 billion as Tariff-Based Subsidy (TBS). more...(BR)

NAVs and Returns
as of May 02, 2013
Funds Offer Redemption
POGSF
10.1317/-
10.1317/-
YTD Return
9.27%
POAIIF
52.2352/-
51.7128/-
YTD Return
7.40%
POAAAF
63.34/-
61.76/-
YTD Return
23.35%
POIAAF
61.62/-
60.08/-
YTD Return
14.29%
POAF
11.19/-
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
(April-13)
5.80%
CPI Gen. - FY13
(July 12- April 13)
7.80%

Commodities
 
WTI (USD/bbl) 93.81
Gold Spot(USD/oz) 1,473.03
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.