BasedLine

Date:11-June-2013
KSE-100 Index
 
Previous Index 22,358.96
Current Index 22,150.74
Change % -0.93
YTD (CY13)% 31.03
YTD (FY13)% 60.50
Volume (mn) 170.79
Capitilization (USDbn) 13.28
FIPI (USDmn)(Daily) 0.85
FIPI (USDmn) (YTD) 556.88

 

KSE-100 Index
Previous Index 37,900.39
Current Index 37,589.06
Change % -0.82
YTD (CY13)% 29.06
YTD (FY13)% 58.09
Volume (mn) 50.45
Capitilization (USDbn) 7.15

International Indicators
 
Close
%age
BSE-30 19,441.07 0.06
HANGSENG 21,615.09 0.18
NIKKEI 225 13,154.20 4.94
FTSE 6,400.50 -0.18
DJIA 15,238.59 -0.06
SSEC 2,210.90 -1.33
NASDAQ 3,473.77 0.13

 
Close
%age
TASI 7,637.754 -0.08
KSE(Kuwait) 7,927.92 0.32
BSE 1,196.01 0.05
MSM 6,633.41 1.28
ADX 3,556.40 -0.95
DFM 2,344.76 -2.30
QSE 9,372.87 0.40

KIBOR
 
%age
3 Months 9.55
6 Months 9.49
12 Months 9.78

T-Bills
%age
3 Months 9.42
6 Months 9.22
12 Months 9.20

Bonds
 
%age
3-Y PIB 9.67
5-Y PIB 9.97
10-Y PIB 10.83
20-Y PIB 11.94
30-Y PIB 12.13
Capital Market Overview

Market Watch : KSE closes in the red as bad news hurts sentiments

The Karachi Stock Exchange’s (KSE) benchmark 100-share index shed 0.93% or 208.22 points to end at 22,150.74 point level. Trade volumes fell to 277 million shares compared with Friday’s tally of 340 million shares. more... (ET)

News Clippings

Energy sector allocated Rs 225 billion: Rs 1.155 trillion development outlay approved by NEC

The National Economic Council (NEC) has approved Rs 1,155 billion development budget for the next fiscal year with federal Public Sector Development Programme (PSDP) earmarked at Rs 540 billion, 50 percent more than the current year's allocation. more... (BR)

Key fiscal targets missed

Pakistan has missed most of the targets set for the fiscal year 2012-13 including Gross Domestic Product (GDP) growth, savings, investment, revenue collection and services sector with agriculture and manufacturing sector showing mixed trends. According to Economic Survey 2012-13, to be revealed on Tuesday (today) the country's GDP grew by 3.6 percent against the target of 4.3 percent. more... (BR)

Worker remittances reach $12.76 billion

Overseas Pakistanis have sent home $12.762 billion in 11 months of the current fiscal year, a growth of 5.74% or $693.34 million compared with $12.069 billion received in the same period of last fiscal year. more...(ET)

Slowdown: Growth tapers off in FMCG sector as inflation eases, power crisis worsens

After posting impressive returns in the stock market during fiscal year (FY) 2011-2012, the fast moving consumer goods (FMCG) sector witnessed slower growth in the first nine-months of FY2012-2013. more...(ET)

Budget makers asked to bring agri income into tax net

All Pakistan Business Forum (APBF) while calling for a downward revision in general sales tax (GST) to 12 percent and bringing all untaxed sectors into the tax net, proposed the budget makers to broaden the tax net by bringing agriculture income into the tax net, as the sector contributes 22 percent to the gross domestic product, but its tax share is almost zero. more...(DT)

KSE’s proposals may not be accepted

The Karachi Stock Exchange’s (KSE) proposals regarding reduction in corporate tax rate, making cash payout mandatory and others are not likely to be accepted, analysts believe. Energy sector reforms in the budget would likely bode well for power sector. more...(DT)

Pakistan to go to IMF for bailout package

Pakistan will likely go to International Monetary Fund (IMF) for a bailout package of around $5 billion to $6 billion in order to help and support falling economic condition of the country, financial experts said on Monday. more...(DT)

NAVs and Returns
as of June 10, 2013
Funds Offer Redemption
POGSF
10.2094/-
10.2094/-
YTD Return
9.04%
POAIIF
52.5748/-
52.0491/-
YTD Return
7.25%
POAAAF
68.83/-
67.11/-
YTD Return
34.03%
POIAAF
65.18/-
63.55/-
YTD Return
20.89%
POAF
11.24/-
YTD Return
7.69%

 

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-May 13)
$12.76bn
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) 95.78
Gold Spot(USD/oz) 1,384.630
Cement (Rs./Bag) 463.00
Coal Spot(USD/ton) 87.35
Urea Fertilizer (Rs/bag) 1,734.00
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.