BasedLine

Date:30-May-2013
KSE-100 Index
 
Previous Index 21,501.72
Current Index 21,441.12
Change % -0.28
YTD (CY13)% 26.83
YTD (FY13)% 55.35
Volume (mn) 251.95
Capitilization (USDbn) 12.88
FIPI (USDmn)(Daily) -2.16
FIPI (USDmn) (YTD) 522.85

 

KSE-100 Index
Previous Index 37,084.33
Current Index 37,975.94
Change % -0.29
YTD (CY13)% 26.95
YTD (FY13)% 55.51
Volume (mn) 71.20
Capitilization (USDbn) 7.44

International Indicators
 
Close
%age
BSE-30 20,147.64 -0.07
HANGSENG 22,554.93 -1.61
NIKKEI 225 14,326.46 0.10
FTSE 6,627.17 -1.99
DJIA 15,302.80 -0.69
SSEC 2,324.02 0.12
NASDAQ 3,467.52 -0.61

 
Close
%age
TASI 7,406.02 0.38
KSE(Kuwait) 8,407.34 -0.28
BSE 1,182.69 0.04
MSM 6,406.10 0.16
ADX 3,529.33 1.15
DFM 2,338.07 0.71
QSE 9,158.73 1.01

KIBOR
 
%age
3 Months 9.58
6 Months 9.59
12 Months 9.87

T-Bills
%age
3 Months 9.49
6 Months 9.34
12 Months 9.31

Bonds
 
%age
3-Y PIB 9.78
5-Y PIB 10.23
10-Y PIB 10.90
20-Y PIB 11.99
30-Y PIB 12.12
Capital Market Overview

Market watch: Market undergoes correction at high levels

The Karachi Stock Exchange’s (KSE) benchmark 100-share index shed 0.28% or 60.60 points to end at the 21,441.12 points level. Trade volumes shot to 485 million shares, compared with Tuesday’s tally of 305 million shares. The value of shares traded during the day was Rs12.23 billion. more... (ET)

News Clippings

‘Pakistan can attract $5b in foreign investment’

The Overseas Investors Chamber of Commerce and Industry (OICCI) expects that the new government can provide right environment and support to Pakistan’s economy and the country can attract as much as $5 to $6 billion in foreign direct investment annually. more... (ET)

June 2012 to January 2013: Nepra notifies raise in power tariff for KESC

National Electric Power Regulatory Authority (Nepra) has notified increase in power tariff of eight months (from June 2012 to January 2013) under monthly fuel adjustment charges for the Karachi Electric Supply Company (KESC). more... (BR)

Finance ministry gears up budget making process

The Finance Ministry is reported to have accelerated the budget making process, finalising the current and development expenditures subsequent to a recent briefing to the Finance Minister-designate Senator Ishaq Dar. more...(BR)

Energy crisis: Nawaz seeks to woo investors

Pakistan Muslim League-Nawaz (PML-N) President and incoming Prime Minister Nawaz Sharif Wednesday said that revival of national economy and attracting investment in power projects for overcoming power loadshedding problem would be the top most priority of the new government. more...(BR)

Bank deposits post two percent growth

The banking sector's aggregate deposits during FY13 registered a meagre growth of two percent, inching up to Rs 6.8 trillion by May 17 this year. According to JS Global Securities, banks maintained their prudent lending stance, keeping credit off-take low during the year. more...(BR)

CCP fines dominant urea manufacturers around Rs 8.6bn

The Competition Commission of Pakistan (CCP) fined two dominant urea manufacturers around Rs 8.6 billion on unreasonable price increase and the matter was currently subjudice. more...(BR)

EU envoy urges next government to enhance trade with India

"Regional economic integration in South Asia is priority for the EU. The potentials for increased trade and investment in Sub-continent is enormous. Pakistan's largest trading partner should not be the EU, but it should be your neighbours, particularly India," said Lars-Gunnar Wigemark, EU ambassador to Pakistan. more...(BR)

NAVs and Returns
as of May 29, 2013
Funds Offer Redemption
POGSF
10.1843/-
10.1843/-
YTD Return
9.10%
POAIIF
52.4755/-
51.9507/-
YTD Return
7.30%
POAAAF
66.65/-
64.98/-
YTD Return
29.78%
POIAAF
64.40/-
62.79/-
YTD Return
19.44%
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) 93.13
Gold Spot(USD/oz) 1,395.40
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.