BasedLine

Date:16-July-2013
KSE-100 Index
 
Previous Index 23,037.32
Current Index 23,172.35
Change % 0.59
YTD (CY13)% 37.07
YTD (FY14)% 10.31
Volume (mn) 79.75
Capitilization (USDbn) 13.81
FIPI (USDmn)(Daily) 1.79
FIPI (USDmn) (YTD) 20.96

 

KSE-100 Index
Previous Index 40,215.49
Current Index 40,222.19
Change % 0.02
YTD (CY13)% 38.10
YTD (FY14)% 9.56
Volume (mn) 33.13
Capitilization (USDbn) 7.65

International Indicators
 
Close
%age
BSE-30 20,034.43 0.38
HANGSENG 21,303.31 0.12
NIKKEI 225 14,506.25 0.23
FTSE 6,586.11 0.63
DJIA 15,484.26 0.13
SSEC 2,007.20 0.05
NASDAQ 3,607.49 0.21

 
Close
%age
TASI 7,699.02 -0.58
KSE(Kuwait) 7,819.85 -0.80
BSE 1,187.08 0.14
MSM 6,564.25 0.72
ADX 3,767.39 0.79
DFM 2,457.30 0.71
QSE 9,399.30 0.01

KIBOR
 
%age
3 Months 9.05
6 Months 9.08
12 Months 9.40

T-Bills
%age
3 Months 8.91
6 Months 8.98
12 Months 9.01

Bonds
 
%age
3-Y PIB 10.19
5-Y PIB 10.76
10-Y PIB 11.43
20-Y PIB 12.09
30-Y PIB 12.25
Capital Market Overview

Market watch: Banks help index climb in otherwise dismal session

The Karachi Stock Exchange’s (KSE) benchmark 100-share index rose 0.59% or 135.03 points to end at 23,172.35 point level. Trade volumes climbed to 206 million shares compared with Friday’s tally of 125 million shares. more... (ET)

News Clippings

Below expectations: Lalpir Power IPO sees subdued investor interest

According to AKD Securities Vice President for Investment Banking Syed Khurram Shahid, applications for 10.2 million ordinary shares were received against the general public offer of 9.5 million ordinary shares, which translates into oversubscription of 1.07 times. more... (ET)

Fiscal year 2013 FDI up by 76 percent

After a gap of four years, Foreign Direct Investment (FDI) posted a healthy growth of 76 percent during last fiscal year, ie, 2012-13 (FY13). Since FY09, FDI was on decline because of several domestic and international challenges. According to the SBP, the country fetched FDI worth $1.44 billion during July-June of FY13. more... (BR)

Investment Sukuk: IBIs asked to adopt AAOIFI Shariah standard '17'

In order to strengthen Shariah compliance framework, the State Bank of Pakistan has asked Islamic Banking Industry to adopt the AAOIFI Shariah Standard No 17 on 'Investment Sukuk'. more... (BR)

EIB wants to invest in energy sector

Representatives of the European Union (EU) said the European Investment Bank (EIB) was willing to invest in energy sector of Pakistan. Europe was interested to support Pakistan in medium and small size run of the river energy projects. more...(BR)

Etisalat: government's case on a weak wicket: there's keenness to privatise PIA, PSM, says minister

The government may receive pending $800 million from Etisalat on account of privatisation of Pakistan Telecommunication Company Limited (PTCL) only through negotiations as it is on a weak wicket in relation to the sales purchase agreement, Minister of State for Privatisation. more...(BR)

Helping hand: Turkey to invest $1 billion in Pakistan over 3 years

Turkey has decided to invest one billion dollars in Pakistan’s communication, textile and automotive sectors during the next three years, according to Turgat Bayan, founder of the Pak-Turk Business Council. more...(ET)

FBR to collect Rs100 billion in taxes Inflation likely to cross seven percent mark

People have to bear a burden of Rs100 billion after government has announced an increase in the tax rates during the current fiscal year, resulting in likely hike in inflationary pressure, official sources said. more...(N)

NAVs and Returns
as of July 15, 2013
Funds Offer Redemption
POGSF
10.1312/-
10.1312/-
YTD Return
5.73%
POAIIF
52.2520/-
51.7295/-
YTD Return
6.35%
POAAAF
55.02/-
53.64/-
YTD Return
5.55%
POIAAF
56.87/-
55.45/-
YTD Return
4.41%
POAF
11.30/-
YTD Return
8.97%

 

Funds Rating
AMC
AM3-
POAIIF
AA-(f)
POAF
A+ (f)
POAAAF
2 Star
POIAAF
4 Star
POGSF
AA(f)

  Jun-13 May-13
MoM (%)
AUM's (PKR bn) 360.18 358.53 0.46
No of AMCs 24 24 0.00
No of Funds 181 178 1.69

Economic Highlights
 
GDP Growth FY12 3.70%
Per Capita Income $1,380
Reserves
(July 05, 2013)
$10.54bn
Trade Deficit
(July 12-June13)
$(20.5)bn
Curr. A/C
(July 12-May13)
$(1.95)bn
Remittances
(July 12-June 13)
$13.92bn
Foreign Investment (July-June 13) $1.56bn
CPI Gen. - YoY
(June-13)
5.90%
CPI Gen. - FY13
(July 12- June13)
7.40%

Commodities
 
WTI (USD/bbl) 106.32
Gold Spot(USD/oz) 1,283.50
Cement (Rs./Bag) 490.00
Coal Spot(USD/ton) 77.75
Urea Fertilizer (Rs/bag) 1,779.00
DAP (Rs./bag) 2,500.36
KCA Cotton (Rs/mound) 6,655.00

 

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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.