BasedLine

Date:06-May-2013
KSE-100 Index
 
Previous Index 19,034.53
Current Index 19,226.63
Change % 1.01
YTD (CY13) 13.73%
YTD (FY13) 39.31%
Volume (mn) 100.28
Capitilization (USDbn) 11.56
FIPI (USDmn)(Daily) 1.11
FIPI (USDmn) (YTD) 256.77

 

KSE-100 Index
Previous Index 33,032.89
Current Index 33,410.97
Change % 1.14
YTD (CY13) 14.71%
YTD (FY13) 40.52%
Volume (mn) 33.80
Capitilization (USDbn) 6.66

International Indicators
 
Close
%age
BSE-30 19,575.64 -0.81
HANGSENG 22,689.96 0.10
NIKKEI 225 13,694.04 -0.76
FTSE 6,521.50 0.94
DJIA 14,973.96 0.96
SSEC 2,205.50 1.44
NASDAQ 3,378.63 1.14

 
Close
%age
TASI 7,205.75 -0.12
KSE(Kuwait) 7,715.35 1.60
BSE 1,108.62 0.55
MSM 6,175.65 0.49
ADX 3,306.75 0.81
DFM 2,168.80 1.88
QSE 8,785.53 0.42

KIBOR
 
%age
3 Months 9.57
6 Months 9.61
12 Months 9.91

T-Bills
%age
3 Months 9.42
6 Months 9.44
12 Months 9.48

Bonds
 
%age
3-Y PIB 10.39
5-Y PIB 10.84
10-Y PIB 11.70
20-Y PIB 12.43
30-Y PIB 12.53
Capital Market Overview

Weekly Review: KSE-100 crosses 19,000 barrier ahead of elections

The poor law and order situation across the country in the run-up to general elections was unable to prevent the stock market from reaching a new record high. Strong corporate earnings saw the benchmark KSE-100 index smash past the 19,000-point barrier to close at 19,226 points during the week ended May 3. more... (ET)

News Clippings

Domestic debt up by Rs 1.17 trillion

The rising fiscal deficit and shortfall in tax revenue resulted in over Rs one trillion expansion in domestic debt during the current fiscal year. Economists said that higher fiscal deficit, shortfall in tax revenue collection and unplanned subsidies are responsible for rising domestic debt stocks. more... (BR)

Tax brackets being revised: FBR set to squeeze top earners

The Federal Board of Revenue (FBR) is actively working on a budget proposal to change the highest tax brackets for salaried taxpayers in the upcoming budget (2013-14). Sources told Business Recorder here on Sunday that FBR is analysing a proposal to adjust top existing tax slabs of salaried class. The idea is to increase the tax slabs for salaried class by splitting last higher bracket into further brackets with progressive increase in tax rate. more...(BR)

Eni finds new gas reserves: Discovery made in Sukhpur block, 270km from Karachi

Eni Pakistan in partnership with Pakistan Petroleum Limited and Kuwait Foreign Petroleum Exploration Company (Kufpec) has made a new discovery of gas reserves in Kirthar Foldbelt, Sukhpur. more... (ET)

Fiscal responsibility: All parties want to raise taxes, none wants to say how

Almost every political party in Pakistan has addressed the question of government finances, but considering how important this area is, virtually no party has a comprehensive plan on how to actually get the government to a point where Islamabad can pay its bills without borrowing quite so heavily from any pile of money it can lay its hands on. more... (ET)

Energy sector: Nawaz pledges to bring investment

Pakistan Muslim League-Nawaz (PML-N) President Mian Nawaz Sharif on Saturday said his party has a clear energy vision to ensure that gas and electricity can be supplied to all urban and rural consumers continuously at an affordable price. "We have made planning to also ensure that energy resources are allocated through regulated market forces and not for personal financial gains of the powerful. more...(BR)

A step ahead: Telenor Pakistan already gearing up for the 4G era

Regardless of whether the new government opts to auctioning the three-year-old 3G mobile spectrum technology or goes a step further by auctioning 4G spectrum licences, Telenor Pakistan’s network modernisation initiatives will reduce energy costs, facilitate the introduction of 3G services and provide a smooth transition to 4G, a top official of the company says. more...(ET)

NAVs and Returns
as of May 03, 2013
Funds Offer Redemption
POGSF
10.1324/-
10.1324/-
YTD Return
9.25%
POAIIF
52.2438/-
51.7214/-
YTD Return
7.39%
POAAAF
63.35/-
61.77/-
YTD Return
23.37%
POIAAF
61.61/-
60.07/-
YTD Return
14.27%
POAF
11.20/-
YTD Return
8.27%

 

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) 96.66
Gold Spot(USD/oz) 1,475.55
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.