BasedLine

Date:21-May-2013
KSE-100 Index
 
Previous Index 20,537.03
Current Index 20,814.14
Change % 1.35
YTD (CY13)% 23.12
YTD (FY13)% 50.81
Volume (mn) 183.72
Capitilization (USDbn) 12.50
FIPI (USDmn)(Daily) 11.93
FIPI (USDmn) (YTD) 410.27

 

KSE-100 Index
Previous Index 34,985.51
Current Index 35,632.57
Change % 1.85
YTD (CY13)% 22.34
YTD (FY13)% 49.86
Volume (mn) 58.31
Capitilization (USDbn) 7.17

International Indicators
 
Close
%age
BSE-30 20,223.98 -0.31
HANGSENG 23,493.03 1.78
NIKKEI 225 15,360.81 1.47
FTSE 6,755.60 0.48
DJIA 15,335.28 -0.12
SSEC 2,299.99 0.75
NASDAQ 3,496.43 -0.07

 
Close
%age
TASI 7,307.36 0.10
KSE(Kuwait) 8,125.98 1.31
BSE 1,162.84 0.39
MSM 6,384.73 -0.13
ADX 3,523.34 -1.15
DFM 2,352.21 2.45
QSE 9,064.31 0.61

KIBOR
 
%age
3 Months 9.57
6 Months 9.60
12 Months 9.94

T-Bills
%age
3 Months 9.45
6 Months 9.41
12 Months 9.43

Bonds
 
%age
3-Y PIB 10.05
5-Y PIB 10.38
10-Y PIB 11.10
20-Y PIB 12.11
30-Y PIB 12.23
Capital Market Overview

Market watch: Bulls in charge as new govt readies to take over

The strong surge of bullish sentiment continued unabated in the opening trading session of the second week post elections.The Karachi Stock Exchange’s (KSE) benchmark 100-share index surged 1.35% or 277.11 points to end at the 20,814.14 points level. more... (ET)

News Clippings

Budget likely in first week of June: Nizami

The expected finance minister in the new government Senator Ishaq Dar is busy in preparing budgetary proposals these days and the new government is likely to announce the budget in the first week of next month. more... (BR)

Pakistan on edge of economic crisis: State Bank

Pakistan is likely to hit a macroeconomic crisis if much-needed fiscal reforms are not implemented, according to a State Bank of Pakistan (SBP) report. more...(N)

Pakistan eyes $1 billion rice export to China

Soaring rice demand in China prompted Pakistan to estimate the commodity's export growth to $1 billion to the neighbouring state alone....but the trade needs government's priority, it is learnt. China has emerged as new rice exporting market for Pakistani traders and rice export to neighbouring country has witnessed a robust growth during last year. more... (BR)

Investment in Mutual Funds, AMCs: new guidelines unveiled for banks, DFIs

The State Bank of Pakistan (SBP) has issued new guidelines for banks and DFIs' investment in Mutual Funds and Asset Management Companies (AMCs) for the calculation of Capital Adequacy Ratio (CAR). According to State Bank, new instructions will be effective from June 30, 2013. more...(BR)

Five sectors enjoy ‘discriminatory’ advantage

A study conducted by Pakistan Customs revealed that 81.4 percent of allowed exemptions during FY12 through Statutory Regulatory Orders (SROs) are concentrated on only five sectors, with vehicles at 28.72 percent; machinery at 22.66 percent; chemicals at 11.59 percent; minerals at 10.53 percent; and metals at 7.9 percent. more...(N)

Important road projects to be completed in next 5 years

National Highways Authority (NHA) expects the road projects having significance of regional and international links will be completed during the next five years. more...(DT)

NAVs and Returns
as of May 20, 2013
Funds Offer Redemption
POGSF
10.1641/-
10.1641/-
YTD Return
9.12%
POAIIF
52.3961/-
51.8721/-
YTD Return
7.33%
POAAAF
65.34/-
63.71/-
YTD Return
27.24%
POIAAF
63.57/-
61.98/-
YTD Return
17.90%
POAF
11.21/-
YTD Return
7.92%

 

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) 342.43 346.19 -1.09
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-April 13)
$(1.42)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) 96.65
Gold Spot(USD/oz) 1,390.86
Cement (Rs./Bag) 463.00
Coal Spot(USD/ton) 86.80
Urea Fertilizer (Rs/bag) 1,709.00
DAP (Rs./bag) 2,490.49
KCA Cotton (Rs/mound) 6,300.00

 

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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.