BasedLine

Date:13-May-2013
KSE-100 Index
 
Previous Index 19,661.46
Current Index 19,916.27
Change % 1.30
YTD (CY13)% 17.81
YTD (FY13)% 44.31
Volume (mn) 142.60
Capitilization (USDbn) 12.00
FIPI (USDmn)(Daily) 4.07
FIPI (USDmn) (YTD) 354.61

 

KSE-100 Index
Previous Index 33,927.30
Current Index 33,228.10
Change % 0.89
YTD (CY13)% 17.52
YTD (FY13)% 43.96
Volume (mn) 44.46
Capitilization (USDbn) 6.91

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 7,195.17 -0.35
KSE(Kuwait) 7,827.57 0.75
BSE 1,138.74 0.39
MSM 6,264.68 0.20
ADX 3,404.46 1.05
DFM 2,185.02 0.34
QSE 8,847.50 0.00

KIBOR
 
%age
3 Months 9.53
6 Months 9.58
12 Months 9.92

T-Bills
%age
3 Months 9.40
6 Months 9.42
12 Months 9.47

Bonds
 
%age
3-Y PIB 10.34
5-Y PIB 10.79
10-Y PIB 11.64
20-Y PIB 12.55
30-Y PIB 12.55
Capital Market Overview

Weekly review: KSE flirts with historic 20,000-point level ahead of elections

The index closed at an all-time high of 19,916 points, just shy of the historic 20,000 points level. It has been an impressive first half of 2013 for the index, which has climbed 17.8% since December 31, 2012. more... (ET)

News Clippings

Formation of government in centre: PML-N no longer needs PTI or PPPP help

Pakistan Muslim League-Nawaz (PML-N) is poised to form a government on its own with the help of some independent candidates: it has so far captured as many as 125 seats in the 272-member National Assembly, freeing it of any need to depend on either PTI or PPPP to form a coalition government. PML-N has so far emerged as the single largest party leading in the National Assembly, winning 125 constituencies, according to unofficial results. Pakistan Tehreek-e-Insaf (PTI) is leading in 34 National Assembly constituencies and emerging as the second largest party followed by PPPP with 31 seats‚ MQM 13 and JUI-F is leading in 10 NA constituencies. more... (BR)

US ready to work 'as equal partners': Obama

President Barack Obama congratulated Pakistan Sunday on its parliamentary elections and said Washington was ready to work "as equal partners" with the government that emerges. "My administration looks forward to continuing our co-operation with the Pakistani government that emerges from this election as equal partners in supporting a more stable, secure, and prosperous future for the people of Pakistan," Obama said in a statement. more...(BR)

Singh invites Nawaz to visit India

India's Prime Minister Manmohan Singh Sunday congratulated Nawaz Sharif on his "emphatic victory" in historic elections and said he hoped for better relations. Singh wrote on his official Twitter account, "Congratulations to Mr. Nawaz Sharif and his party for their emphatic victory in Pakistan's elections". He said he hoped to work with Sharif to chart "a new course for the relationship" between the two neighbours and invited him to "visit India at a mutually convenient time". more... (BR)

Dar tasked to prepare budget

PML-N chief Nawaz Sharif is learnt to have tasked the party's financial wizard Senator Ishaque Dar to prepare the budget for FY 2013-14. Senator Dar is likely to be given portfolio of Finance Ministry in the Sharif's cabinet, party sources told Business Recorder on Sunday. more... (BR)

Economists want PML-N to open immediate talks with IMF

The upcoming PML-N government will have to take tough decisions on the economic front including approaching the IMF for obtaining bailout package of $5-7 billion to avert balance of payment crisis and preparing ground for presenting a feasible budget for 2013-14. more...(N)

If Karachi mandate is not acceptable, separate it from country: Altaf

Responding to the allegations of rigging the elections in Karachi and Hyderabad against his party, MQM chief Altaf Hussain on Saturday dared the establishment to separate these cities from the rest of the country if it didn’t like the mandate of their electorates. more...(N)

NAVs and Returns
as of May 10, 2013
Funds Offer Redemption
POGSF
10.1462/-
10.1462/-
YTD Return
9.21%
POAIIF
52.3054/-
51.7823/-
YTD Return
7.37%
POAAAF
63.82/-
62.22/-
YTD Return
24.27%
POIAAF
61.79/-
60.25/-
YTD Return
14.61%
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) 95.33
Gold Spot(USD/oz) 1,429.00
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.