BasedLine

Date:23-July-2013
KSE-100 Index
 
Previous Index 23,428.93
Current Index 23,657.81
Change % 0.98
YTD (CY13)% 39.94
YTD (FY14)% 12.63
Volume (mn) 253.50
Capitilization (USDbn) 14.18
FIPI (USDmn)(Daily) 6.13
FIPI (USDmn) (YTD) 30.07

 

KSE-100 Index
Previous Index 40,623.08
Current Index 41,101.89
Change % 1.18
YTD (CY13)% 41.12
YTD (FY14)% 11.95
Volume (mn) 93.43
Capitilization (USDbn) 7.82

International Indicators
 
Close
%age
BSE-30 20,159.12 0.05
HANGSENG 21,416.50 0.25
NIKKEI 225 14,658.04 0.47
FTSE 6,623.20 -0.11
DJIA 15,545.55 0.01
SSEC 2,004.76 0.61
NASDAQ 3,600.39 0.36

 
Close
%age
TASI 7,806.03 0.85
KSE(Kuwait) 8,036.18 0.60
BSE 1,185.52 -0.00
MSM 6,631.79 -0.03
ADX 3,864.91 0.19
DFM 2,547.59 0.24
QSE 9,652.67 1.17

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

Market Watch: Earnings optimism drives KSE’s assault on record highs

The country’s largest bourse resumes its assault on record highs, touching all-time high on the first day of the week with buying across various sectors on earnings optimism. The energy sector was on a roll ahead of the new energy policy approval due today. more... (ET)

News Clippings

PPL makes another gas discovery in Sanghar

Pakistan Petroleum Limited (PPL) the Operator of the Block 2568-18 (Gambat South) EL with 65 percent working interest (WI) along with its joint venture partners Government Holdings Private Limited (GHPL) and Asia Resources Oil Limited (AROL) with 25 percent and 10 percent. more... (BR)

Banking system outlook remains negative: Moody's

The outlook for Pakistan's banking system remains negative, says Moody's Investors Service in a new report published Monday, reflecting (1) banks' large and increasing holdings of Pakistan government bonds, which render their balance sheets vulnerable to sovereign credit risk; and (2) the challenging domestic operating environment, which will continue to pressure asset quality. more... (BR)

Byco’s net sales increase by 220%

Byco Petroleum Pakistan Limited announced net sales of Rs 26,697 million for the half-year ended on December 31, 2012, which is 220 percent higher as compared with the net revenue of Rs 8,329 million during the same period in 2011, reflecting the reliability and robustness of the core refining and marketing business. more... (DT)

Textile exports up 6% in 2012-13

Despite challenges of energy shortage, the textile sector of the country performed well during the fiscal year 2012-13 as its exports increased by 5.90 percent when compared to the exports of the corresponding period of last year. more...(DT)

SECP report rules out insider trading in SSGC, SNGPL shares

The Securities and Exchange Commission of Pakistan (SECP) has finally presented to the policy board its investigation report on alleged manipulation of trading in shares of gas distribution companies in the stock market following increase in unaccounted-for-gas (UFG) ceiling by the regulator, ruling out insider trading by stock brokers. more...(ET)

Curbing circular debt: Power tariff may go up by Rs2 per unit this month

The government is likely to increase the power tariff for commercial and industrial consumers this month by as much as Rs2 per unit in a bid to phase out the subsidy they have been availing, The Express Tribune has learnt. more...(ET)

Brokerage firms evaded tax worth Rs4.5 billion: FBR

The Federal Board of Revenue (FBR) has issued recovery notices worth at least Rs4.5 billion to members of Karachi Stock Exchange (KSE) for concealing the actual position of shares in their company as declared to Central Depository Company (CDC). more...(N)

NAVs and Returns
as of July 22, 2013
Funds Offer Redemption
POGSF
10.1390/-
10.1390/-
YTD Return
5.19%
POAIIF
52.3327/-
51.8094/-
YTD Return
6.90%
POAAAF
57.22/-
55.79/-
YTD Return
9.78%
POIAAF
58.67/-
57.20/-
YTD Return
7.70%
POAF
11.31/-
YTD Return
8.79%

 

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) 107.02
Gold Spot(USD/oz) 1,336.25
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.