BasedLine

Date:10-May-2013
KSE-100 Index
 
Previous Index 19,472.55
Current Index 19,661.46
Change % 0.97
YTD (CY13)% 16.30
YTD (FY13)% 42.46
Volume (mn) 178.27
Capitilization (USDbn) 11.85
FIPI (USDmn)(Daily) 8.04
FIPI (USDmn) (YTD) 355.49

 

KSE-100 Index
Previous Index 33,807.12
Current Index 33,927.30
Change % 0.36
YTD (CY13)% 16.49
YTD (FY13)% 42.69
Volume (mn) 55.05
Capitilization (USDbn) 6.85

International Indicators
 
Close
%age
BSE-30 19,939.04 -0.26
HANGSENG 23,211.48 -0.14
NIKKEI 225 14,191.48 -0.66
FTSE 6,592.70 0.14
DJIA 15,082.62 -0.15
SSEC 2,235.70 0.20
NASDAQ 3,409.17 -0.12

 
Close
%age
TASI 7,206.27 0.33
KSE(Kuwait) 7,769.46 0.58
BSE 1,134.31 0.38
MSM 6,251.93 0.41
ADX 3,369.21 0.76
DFM 2,177.68 0.70
QSE 8,847.88 0.12

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

T-Bills
%age
3 Months 9.39
6 Months 9.41
12 Months 9.47

Bonds
 
%age
3-Y PIB 10.39
5-Y PIB 10.89
10-Y PIB 11.73
20-Y PIB 12.44
30-Y PIB 12.55
Capital Market Overview

Market watch: Foreign investors flock to grab slice of Pakistani pie

The Karachi Stock Exchange’s (KSE) benchmark 100-share index jumped 0.97% or 188.91 points to end at the 19,661.46 points level. Trade volumes were lower at 234 million shares, compared with Wednesday’s tally of 252 million shares, and the value of shares traded during the day clocked in at Rs8.14 billion. more... (ET)

News Clippings

IMF likely to be next Pakistan government's first stop

Whoever wins Pakistan’s elections has a fight on their hands – not just against the Taliban, but negotiating with international backers to provide a multi-billion-dollar bailout for a country. more... (ET)

Govt urged to slash import duty to below 10%

Paper importers have urged the government to slash the import duty on paper and paper-related products between zero to 10 percent from the current 41 to 46 percent so that stationary items could be 70 percent cheaper for the general public. more...(DT)

Pakistan’s reserves stand at over $11.86bn

The total liquid foreign reserves held by the country stood at $11,863.1 million on May 3. Giving the break-up of the foreign reserves position a statement of the State Bank of Pakistan (SBP) said foreign reserves held by the it stood at $6,772.4 million while the net foreign reserves held by banks (other than SBP) stood at $ 5,090.7 million. app more... (DT)

Budget (2013-14): 35 percent corporate tax to be retained

The 35 percent corporate income tax would remain unchanged in Budget (2013-14) to avoid any revenue shortfall. Sources told Business Recorder here on Thursday that the Federal Board of Revenue (FBR) has proposed to the Ministry of Finance to retain 35 percent corporate income tax rate in Budget (2013-14). The further reduction in the corporate income tax is not possible in current situation. more... (BR)

Government releases Rs 110.583m for EAD

As many as Rs 110.583 million have been released for two major projects of Economic Affairs Division (EAD) so far under its Public Sector Development Programme (PSDP).The total cost of these projects has been estimated at Rs 719.556 million, out of which Rs 211.714 million would be released during ongoing 2012-13, official sources said. more...(DT)

July-May 7 period: Rs 78.482 billion refund, rebate paid

The Federal Board of Revenue has paid refund and rebate worth Rs 78.482 billion during July to May 7 (2012-13) against Rs 125.426 billion in corresponding period last fiscal year, reflecting a decrease of 37.4 percent. more...(BR)

NAVs and Returns
as of May 09, 2013
Funds Offer Redemption
POGSF
10.1445/-
10.1445/-
YTD Return
9.22%
POAIIF
52.2966/-
51.7736/-
YTD Return
7.37%
POAAAF
63.77/-
62.18/-
YTD Return
24.19%
POIAAF
61.72/-
60.18/-
YTD Return
14.48%
POAF
11.20/-
YTD Return
8.15%

 

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 $1,380
Reserves
(May 03, 2013)
$11.86bn
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) 95.81
Gold Spot(USD/oz) 1,455.76
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.