BasedLine

Date:28-May-2013
KSE-100 Index
 
Previous Index 21,283.77
Current Index 20,958.86
Change % -1.53
YTD (CY13)% 23.96
YTD (FY13)% 51.84
Volume (mn) 118.61
Capitilization (USDbn) 12.59
FIPI (USDmn)(Daily) 2.75
FIPI (USDmn) (YTD) 517.89

 

KSE-100 Index
Previous Index 36,612.81
Current Index 36,103.11
Change % -1.39
YTD (CY13)% 23.96
YTD (FY13)% 51.84
Volume (mn) 42.30
Capitilization (USDbn) 7.27

International Indicators
 
Close
%age
BSE-30 20,030.77 1.66
HANGSENG 22,686.67 0.30
NIKKEI 225 14,142.65 -3.22
FTSE 6,654.30 -0.63
DJIA 15,303.10 0.06
SSEC 2,293.08 0.20
NASDAQ 3,459.14 -0.01

 
Close
%age
TASI 7,307.85 -0.16
KSE(Kuwait) 8,393.35 0.86
BSE 1,177.74 -0.22
MSM 6,395.53 0.33
ADX 3,439.03 0.35
DFM 2,305.56 1.06
QSE 9,059.50 -0.30

KIBOR
 
%age
3 Months 9.58
6 Months 9.60
12 Months 9.90

T-Bills
%age
3 Months 9.55
6 Months 9.34
12 Months 9.34

Bonds
 
%age
3-Y PIB 9.80
5-Y PIB 10.23
10-Y PIB 10.89
20-Y PIB 11.99
30-Y PIB 12.11
Capital Market Overview

Market watch: Index closes in the red for third straight session

The Karachi Stock Exchange’s (KSE) benchmark 100-share index shed 1.53% or 324.91 points to end at 20,958.86 point level. Trade volumes fell to 235 million shares compared with Friday’s tally of 361 million shares. more... (ET)

News Clippings

Central bank likely to leave interest rate unchanged

The State Bank of Pakistan is expected to maintain the status quo in its upcoming monetary policy announcement by keeping the interest rate unchanged at 9.5%, banking sector analysts say. more... (ET)

Pakistan to miss revenue target by Rs435 billion: experts

Pakistan is likely to miss its revenue target for FY-13 by a massive margin of Rs435 billion, according to estimates by experts.The budget deficit stands at nearly Rs1,900 billion for the outgoing financial year. more... (N)

SECP seeks reduction in corporate tax

SECP has proposed to the FBR a gradual reduction in corporate tax rate to encourage growth in the sector and help document the economy in line with international taxation trends. more...(N)

Trading houses: FBR allows exemption from turnover tax for 10-year period

The Federal Board of Revenue (FBR) has allowed exemption of turnover tax for trading houses for a period of 10 years under Section 113 of the Income Tax Ordinance 2001. more...(BR)

IBI: SBP develops five-year strategic plan

State Bank of Pakistan (SBP) has chalked out a five-year action plan for Islamic Banking Industry (IBI) asking it to increase its market share upto 15 percent of overall banking industry by 2017. more...(BR)

Federal budget 2013-14: Govt employees may expect 10% salary increase

Despite being in a tight fiscal position, authorities are considering increasing the salaries of federal government employees from between 7.5 to 10%. They are also planning to give significant relief to 1.8 million pensioners from July. more...(ET)

MoF releases Rs 10 billion to power sector

Ministry of Finance (MoF) on Monday released Rs 10 billion to the power sector to increase power generation in order to reduce the prolonged loadshedding in the country that is causing mass outrage and protests. more...(BR)

NAVs and Returns
as of May 27, 2013
Funds Offer Redemption
POGSF
10.1805/-
10.1805/-
YTD Return
9.11%
POAIIF
52.4578/-
51.9332/-
YTD Return
7.31%
POAAAF
65.36/-
63.73/-
YTD Return
27.22%
POIAAF
63.08/-
61.50/-
YTD Return
16.99%
POAF
11.20/-
YTD Return
7.70%

 

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) 93.87
Gold Spot(USD/oz) 1,390.84
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.