BasedLine

Date:22-July-2013
KSE-100 Index
 
Previous Index 23,114.97
Current Index 23,428.93
Change % 1.36
YTD (CY13)% 38.59
YTD (FY14)% 11.54
Volume (mn) 166.11
Capitilization (USDbn) 14.04
FIPI (USDmn)(Daily) 3.34
FIPI (USDmn) (YTD) 23.93

 

KSE-100 Index
Previous Index 40,134.47
Current Index 40,623.08
Change % 1.22
YTD (CY13)% 39.48
YTD (FY14)% 10.65
Volume (mn) 53.94
Capitilization (USDbn) 7.73

International Indicators
 
Close
%age
BSE-30 20,149.85 0.11
HANGSENG 21,362.42 0.08
NIKKEI 225 14,589.91 -1.48
FTSE 6,630.67 -0.06
DJIA 15,543.74 -0.03
SSEC 1,992.65 -1.52
NASDAQ 3,587.62 -0.66

 
Close
%age
TASI 7,740.46 0.96
KSE(Kuwait) 7,988.36 0.55
BSE 1,185.52 -0.31
MSM 6,633.54 0.16
ADX 3,857.52 0.92
DFM 3,541.52 1.83
QSE 9,540.71 -0.10

KIBOR
 
%age
3 Months 9.05
6 Months 9.10
12 Months 9.41

T-Bills
%age
3 Months 8.90
6 Months 8.95
12 Months 9.06

Bonds
 
%age
3-Y PIB 10.53
5-Y PIB 11.02
10-Y PIB 11.78
20-Y PIB 12.22
30-Y PIB 12.38
Capital Market Overview

Weekly Review: KSE-100 gains 1.7% as earnings season kicks off

The stock market continued its upward march to touch new highs as the benchmark KSE 100-share index posted a gain of 391 points (1.7%), following start of corporate earnings season, during the week ended July 19. more... (ET)

News Clippings

New aviation policy anytime soon

The government has decided to prepare and unfold National Aviation Policy 2013 within 90 days by taking on board all aviation stakeholders including airlines, private operators, ground services, cargo and freight management companies and aircraft handling companies. more... (BR)

Capacity tax: FBR rejects sugarindustry's proposal

The Federal Board of Revenue (FBR) has rejected a proposal of sugar industry to collect sales tax/excise duty on capacity basis of sugar mills as industry refused to assure 25 percent growth in revenue after replacing taxes with fixed levy. more... (DT)

Two new slabs added: IT rates for individuals, AOPs revised

The income tax rates for individuals (other than those belonging to salaried class) and association of persons (AOPs) have been revised with the addition of two new slabs. more... (BR)

Diamer Bhasha Dam: Govt seeks ADB financing to kick-start project, again

As the $14 billion strategically important Diamer Bhasha Dam remains stuck due to reluctance of international financiers, Pakistan has again requested the Asian Development Bank (ADB) to release funds for the much-delayed project. more...(ET)

'Five-year development plan being chalked out': Ahsan says Planning Commission to be firmly restructured

Federal Minister for Planning and Development Ahsan Iqbal Saturday said a new five-year plan (2013-18) is being chalked out for development of the country. He was of the view that the Ministry of Planning and Development will be renamed as 'Ministry of Planning, Development and Reforms' and at least nine new members including the chief economist would be inducted in a transparent manner. more...(BR)

Fertiliser units, CNG stations: 5,500MW power can be generated if gas supply stopped

The country could produce 5,500 megawatts of additional cheap electricity if government stops gas supply to fertiliser plants and CNG stations. Fertiliser sector is using an estimated 700 Million Cubic Feet per Day (MMCFD) of gas which can produce 3,500MW of power, and the CNG sector is consuming about 400MMCFD of gas sufficient to produce 2000MW of electricity. more...(BR)

Investment inflow: Chinese firm to pour $6b into energy projects

China International Water and Electric Corporation (CWE), a state-owned entity, would invest $6 billion in energy projects in Pakistan over the next five years, said the company’s Vice President Wang Shaofeng. more...(ET)

NAVs and Returns
as of July 19, 2013
Funds Offer Redemption
POGSF
10.1367/-
10.1367/-
YTD Return
5.57%
POAIIF
52.2917/-
51.7688/-
YTD Return
6.47%
POAAAF
56.63/-
55.21/-
YTD Return
8.64%
POIAAF
58.12/-
56.67/-
YTD Return
6.70%
POAF
11.30/-
YTD Return
8.54%

 

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 180 178 1.12

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-June13)
$(2.29)bn
Remittances
(July 12-June 13)
$13.92bn
Foreign Investment (July-June 13) $1.57bn
CPI Gen. - YoY
(June-13)
5.90%
CPI Gen. - FY13
(July 12- June13)
7.40%

Commodities
 
WTI (USD/bbl) 108.18
Gold Spot(USD/oz) 1,289.90
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.