BasedLine

Date:16-May-2013
KSE-100 Index
 
Previous Index 20,474.62
Current Index 20,566.69
Change % 0.45
YTD (CY13)% 21.66
YTD (FY13)% 49.02
Volume (mn) 247.48
Capitilization (USDbn) 12.38
FIPI (USDmn)(Daily) 8.75
FIPI (USDmn) (YTD) 380.99

 

KSE-100 Index
Previous Index 34,859.47
Current Index 34,858.99
Change % -0.00
YTD (CY13)% 19.69
YTD (FY13)% 46.61
Volume (mn) 86.40
Capitilization (USDbn) 7.04

International Indicators
 
Close
%age
BSE-30 20,212.96 2.49
HANGSENG 23,044.24 0.50
NIKKEI 225 15,096.03 2.29
FTSE 6,686.10 0.82
DJIA 15,275.69 0.40
SSEC 2,224.80 0.35
NASDAQ 3,471.62 0.26

 
Close
%age
TASI 7,147.42 0.11
KSE(Kuwait) 7,813.05 -0.63
BSE 1,148.48 0.03
MSM 6,352.19 0.53
ADX 3,513.42 0.92
DFM 2,286.60 1.39
QSE 8,934.93 -0.04

KIBOR
 
%age
3 Months 9.54
6 Months 9.59
12 Months 9.92

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

Bonds
 
%age
3-Y PIB 10.10
5-Y PIB 10.39
10-Y PIB 11.26
20-Y PIB 12.21
30-Y PIB 12.33
Capital Market Overview

Market watch: KSE on a rollercoaster ride as election fever ends

The Karachi Stock Exchange’s (KSE) benchmark 100-share index climbed 0.45% or 92.07 points to end at the 20,566.69 point level. Trade volumes jumped to a two-year high, clocking in at 419 million shares compared with Tuesday’s tally of 300 million shares. more... (ET)

News Clippings

National Assembly session likely on May 28

The first session of newly elected National Assembly is likely to be held on May 28, as desired by PML-N Chief Nawaz Sharif to coincide with Youm-e-Takbeer day. Youm-e-Takbeer has been celebrated in the country on 28 May after the nuclear tests were conducted in 1998 during Nawaz Sharif's tenure. more... (BR)

Power subsidy reaches Rs 315 billion: MoF irked by poor recoveries by Discos

With power sector subsidy going up to Rs 315 billion, the Finance Ministry has reportedly expressed annoyance over poor recovery by the distribution companies and termed it unsustainable. more...(BR)

Two-day conference on solution for energy crisis

Experts at a conference on solution for energy crisis wondered why the abundant coal reserves of Thar have been ignored all these years to solve the worsening problem of power shortage which has virtually rendered over 400,000 workers jobless and brought industrial progress to a halt. more... (DT)

Trade deficit likely to ease to $14.8bn at the end of FY13

Lessening trade deficit and rising remittances are providing a breather to the current account balance, however, the huge outflow in the form of interest expense to the International Monetary Fund under the Stand-by Arrangement facility is a major concern for the current account, analysts said on Wednesday. more... (DT)

Planning Commission may review gas allocation to fertiliser sector

The Planning Commission has recommended that keeping in mind the nationwide shortage of gas, the practice of allocating gas directly from gas fields to the fertiliser sector be reconsidered, till a market-based mechanism for the auctioning of gas resources is established. more...(ET)

Hopes for 3G auction rise with change in government

With the Pakistan Muslim League-Nawaz all set to form a new government at the Centre, the telecom industry shows optimism and expects the government to auction third generation mobile spectrum licences and address key issues like mobile service suspension and sale of new SIM cards. more...(ET)

IIMF SBA: repayment of 14th instalment due on May 24

Repayment of 14th instalment of Stand-By Arrangement (SBA) to International Monetary Fund (IMF) worth some $390 million by Pakistan is due in the last week of this month. more...(BR)

NAVs and Returns
as of May 15, 2013
Funds Offer Redemption
POGSF
10.1555/-
10.1555/-
YTD Return
9.17%
POAIIF
52.3518/-
51.8283/-
YTD Return
7.35%
POAAAF
64.24/-
62.63/-
YTD Return
25.08%
POIAAF
62.44/-
60.88/-
YTD Return
15.81%
POAF
11.17/-
YTD Return
7.71%

 

Funds Rating
AMC
AM3
POAIIF
AA-(f)
POAF
A+ (f)
POAAAF
2 Star
POIAAF
4 Star
POGSF
AA(f)

  April-13 Mar-13
MoM (%)
AUM's (PKR bn) 343.43 346.19 -0.80
No of AMCs 24 24 0.00
No of Funds 178 175 1.71

Economic Highlights
 
GDP Growth FY12 3.70%
Per Capita Income $1,380
Reserves
(May 03, 2013)
$11.86bn
Trade Deficit
(July 12-April13)
$(16.52)bn
Curr. A/C
(July 12-March 13)
$(1.02)bn
Remittances
(July 12-April 13)
$11.57bn
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) 93.97
Gold Spot(USD/oz) 1,395.23
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.