BasedLine

Date:25-May-2013
KSE-100 Index
 
Previous Index 21,342.65
Current Index 21,283.77
Change % -0.28
YTD (CY13)% 25.90
YTD (FY13)% 54.21
Volume (mn) 189.60
Capitilization (USDbn) 12.76
FIPI (USDmn)(Daily) 68.69
FIPI (USDmn) (YTD) 508.80

 

KSE-100 Index
Previous Index 36,754.12
Current Index 36,612.81
Change % -0.38
YTD (CY13)% 25.71
YTD (FY13)% 53.99
Volume (mn) 55.19
Capitilization (USDbn) 7.37

International Indicators
 
Close
%age
BSE-30 19,674.33 -1.93
HANGSENG 22,669.68 -2.54
NIKKEI 225 14,483.98 -7.32
FTSE 6,696.80 -2.10
DJIA 15,294.50 -0.08
SSEC 2,275.67 -1.16
NASDAQ 3,459.42 -0.11

 
Close
%age
TASI 7,363.13 0.11
KSE(Kuwait) 8,154.19 -0.82
BSE 1,170.39 0.13
MSM 6,364.16 -0.21
ADX 3,460.36 -1.23
DFM 2,305.62 -0.76
QSE 9,048.62 -0.41

KIBOR
 
%age
3 Months 9.59
6 Months 9.62
12 Months 9.91

T-Bills
%age
3 Months 9.54
6 Months 9.34
12 Months 9.34

Bonds
 
%age
3-Y PIB 9.76
5-Y PIB 10.24
10-Y PIB 10.87
20-Y PIB 12.06
30-Y PIB 12.12
Capital Market Overview

KSE-100 index down by 116 points on profit-taking

The Karachi Stock Exchange benchmark 100 index declined by 116.25 points on Thursday to 21,342.65 points on profit-taking, dealers said. The decline came after several positive sessions. more... (N)

News Clippings

New government in no hurry to seek IMF deal

The new government does not need to seek immediate International Monetary Fund (IMF) programme as it would be able to comfortably manage balance of payment position for the next two to three months. more... (BR)

Peaceful transition: Capital market sees phenomenal growth: SECP chief

Chairman Securities and Exchange Commission of Pakistan (SECP) Tahir Mahmood on Thursday said the peaceful transition of democratic government through elections has built confidence in the political system of the country, as evident from phenomenal growth in stock market. more... (BR)

Pakistan to repay IMF $541.47m by end-June

Pakistan will repay approximately $541.47 million worth of debt to the International Monetary Fund (IMF) by June 30, say analysts. The payments have to be completed under the international lending agency’s standby and extended credit facility arrangements with the government. more...(N)

FPCCI rejects plan to tax foreign remittances

The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has opposed the plan of the revenue authorities to impose tax on inflows of foreign remittances. In a statement issued on Thursday, Zubair Ahmed Malik, president of the FPCCI, opposed the Federal Board of Revenue (FBR) plan to bring foreign remittances in the tax net. more...(N)

China takes over operational control of Gwadar Port

China has successfully taken over the operational control of Gwadar Port on Thursday. With its financial and technical assistance China built this port on Pakistan’s southwest coast. The contract of operation of Gwadar Port has been given to China Overseas Ports Holding Company Limited. more...(DT)

Budget for 2013-14 likely on June 14

The incoming PML-N government is expected to present the first budget for 2013-14 by June 14. A senior official told Dawn that the finance ministry had proposed June 7 for presentation of the budget so that it could be approved by parliament before June 30 after a debate. more...(D)

‘China can help Pakistan in economic crisis’

Former Ambassador Shahid Amin has said China could help Pakistan in coping with the economic crisis. Everyone in Pakistan agreed upon friendship with China and the relations of China with Pakistan are of political and geographical importance besides their economic significance. more...(DT)

NAVs and Returns
as of May 24, 2013
Funds Offer Redemption
POGSF
10.1711/-
10.1711/-
YTD Return
9.14%
POAIIF
52.4225/-
51.8983/-
YTD Return
7.35%
POAAAF
66.28/-
64.62/-
YTD Return
29.06%
POIAAF
64.06/-
62.46/-
YTD Return
18.81%
POAF
11.21/-
YTD Return
7.95%

 

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) 94.07
Gold Spot(USD/oz) 1,394.49
Cement (Rs./Bag) 463.00
Coal Spot(USD/ton) 86.65
Urea Fertilizer (Rs/bag) 1,709.00
DAP (Rs./bag) 2,500.36
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.