BasedLine

Date:04-June-2013
KSE-100 Index
 
Previous Index 21,823.05
Current Index 22,080.85
Change % 1.18
YTD (CY13)% 30.61
YTD (FY13)% 59.99
Volume (mn) 269.59
Capitilization (USDbn) 13.26
FIPI (USDmn)(Daily) 1.36
FIPI (USDmn) (YTD) 528.39

 

KSE-100 Index
Previous Index 37,642.68
Current Index 38,120.45
Change % 1.27
YTD (CY13)% 30.88
YTD (FY13)% 60.33
Volume (mn) 68.36
Capitilization (USDbn) 7.67

International Indicators
 
Close
%age
BSE-30 19,610.48 -0.76
HANGSENG 22,282.19 -0.49
NIKKEI 225 13,261.82 -3.72
FTSE 6,525.10 -0.88
DJIA 15,254.03 0.92
SSEC 2,299.25 -0.06
NASDAQ 3,465.37 0.27

 
Close
%age
TASI 7,557.24 1.14
KSE(Kuwait) 8,201.89 1.89
BSE 1,194.94 0.02
MSM 6,423.91 0.23
ADX 3,591.75 0.05
DFM 2,422.32 -0.32
QSE 9,287.18 0.52

KIBOR
 
%age
3 Months 9.58
6 Months 9.58
12 Months 9.85

T-Bills
%age
3 Months 9.43
6 Months 9.25
12 Months 9.26

Bonds
 
%age
3-Y PIB 9.65
5-Y PIB 9.96
10-Y PIB 10.69
20-Y PIB 11.87
30-Y PIB 12.03
Capital Market Overview

Market watch: Index sets another record for highest-ever close

The Karachi Stock Exchange opened the week on a strong, positive note, with high levels of investor participation and optimism for the new government’s term ahead propelling the index to unprecedented highs. The Karachi Stock Exchange’s (KSE) benchmark 100-share index gained 1.18% or 257.80 points to end at 22,080.85 points. more... (ET)

News Clippings

Inflation slows further, hits lowest in nine years

Amid growing disbelief over the calculation methodology, the pace of increase in prices of essential items slowed down to 5.1% in May, the lowest in more than nine years, increasing chances of a cut in the benchmark interest rate in the upcoming monetary policy. more... (ET)

SBP sets new rules for exchange companies

The State Bank of Pakistan (SBP) sent a circular on Monday, to all exchange companies (EC) in the country, regarding the ‘Network Exchange Policy of Exchange Companies’, highlighting the rules for establishment and operations of new exchange companies. more... (ET)

FBR evolves strategy to collect Rs300bn in June

The Federal Board of Revenue (FBR) has formulated a strategy to collect Rs300 billion this month to reach at least the Rs2 trillion-mark in FY2012-13, after conceding that the target for the current fiscal year is not achievable, sources said on Monday. more...(TN)

Fertiliser imported to meet demand

Pakistan continued to import expensive urea to meet local demand since the lower supply of natural gas to local fertiliser manufacturers did not allow them to scale up their production in line with the country’s demand, industry sources said on Monday. more...(TN)

SBP releases new network expansion policy for exchange cos

The State Bank of Pakistan (SBP) said exchange companies desiring to open new branches, franchises, payment booths and currency exchange booths shall submit an Annual Network Expansion Plan (ANEP) duly approved by their board of directors by September 30 of each year for the next calendar year (January to December). more...(DT)

E&P drilling activities increase by 50 percent

Manzalai-10 in Tal Block has successfully tested for gas reserves while the exploration and production (E&P) industry has drilled 50 percent more wells in 11 months of fiscal year (FY) 2012-13 as compared to drilling in FY 2011-12, said Pakistan Petroleum Information Service (PPIS) activity report on Monday. more...(DT)

Tax-to-GDP ratio to be raised to 10 percent: new policy on taxation, reforms outlined

The government will introduce new tax policy to raise tax-to-GDP ratio to 10 percent in 2013-14 through measures envisaging re-imposition of Federal Excise Duty (FED) on a number of items, withdrawal of domestic sales tax zero-rating on all items, taxation of goods on the basis of printed retail price and withdrawal of customs duty concessions granted through statutory regulatory orders (SROs). more...(BR)

NAVs and Returns
as of June 03, 2013
Funds Offer Redemption
POGSF
10.1963/-
10.1963/-
YTD Return
9.09%
POAIIF
52.5215/-
51.9963/-
YTD Return
7.29%
POAAAF
68.78/-
67.06/-
YTD Return
33.93%
POIAAF
65.35/-
63.72/-
YTD Return
21.21%
POAF
11.22/-
YTD Return
7.72%

 

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 24, 2013)
$11.62bn
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
(May-13)
5.10%
CPI Gen. - FY13
(July 12- May 13)
7.51%

Commodities
 
WTI (USD/bbl) 93.00
Gold Spot(USD/oz) 1,411.60
Cement (Rs./Bag) 463.00
Coal Spot(USD/ton) 87.35
Urea Fertilizer (Rs/bag) 1,726.00
DAP (Rs./bag) 2,500.36
KCA Cotton (Rs/mound) 6,400.00

 

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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.