BasedLine

Date:26-July-2013
KSE-100 Index
 
Previous Index 23,776.22
Current Index 23,573.68
Change % -0.85
YTD (CY13)% 39.45
YTD (FY14)% 12.23
Volume (mn) 237.13
Capitilization (USDbn) 14.13
FIPI (USDmn)(Daily) -0.43
FIPI (USDmn) (YTD) -110.42

 

KSE-100 Index
Previous Index 41,281.12
Current Index 41,170.80
Change % -0.27
YTD (CY13)% 41.36
YTD (FY14)% 12.14
Volume (mn) 90.22
Capitilization (USDbn) 7.83

International Indicators
 
Close
%age
BSE-30 19,804.76 -1.42
HANGSENG 21,900.96 -0.31
NIKKEI 225 14,562.93 -1.14
FTSE 6,588.00 -0.49
DJIA 15,555.61 0.09
SSEC 2,021.17 -0.50
NASDAQ 3,605.19 0.71

 
Close
%age
TASI 7,770.45 -0.05
KSE(Kuwait) 8,095.35 0.36
BSE 1,188.63 0.28
MSM 6,705.69 0.35
ADX 3,908.37 1.08
DFM 2,518.97 0.14
QSE 9,694.70 0.46

KIBOR
 
%age
3 Months 9.01
6 Months 9.08
12 Months 9.38

T-Bills
%age
3 Months 8.82
6 Months 8.93
12 Months 9.10

Bonds
 
%age
3-Y PIB 10.51
5-Y PIB 10.97
10-Y PIB 11.73
20-Y PIB 12.29
30-Y PIB 12.45
Capital Market Overview

Market watch: Rally ends as KSE experiences correction

The Karachi bourse witnessed correction as selling in index heavy oil and gas and fertiliser sectors dragged the index down. The session, too, began on a subdued note, failing to carry its recent momentum as mixed set of news flows over country’s economic situation kept investors selective and cautious. more... (ET)

News Clippings

Rs 63 billion government borrowing in first week of fiscal year 2014

The government borrowed some Rs 63 billion for budgetary support during the first week of the current fiscal year (FY14). Bankers said the government is also getting new loans from domestic banking industry to fulfil its financial requirements. more... (BR)

Forex reserves decline by $299 million

The country's liquid foreign exchange reserves continued to decline and posted a massive $299 million fall during last week. The State Bank of Pakistan on Thursday reported that the country's total foreign exchange reserves fell to $10.202 billion as on July 19, 2013, down from $10.502 billion as on July 12, 2013. more... (BR)

Rupee takes heavy battering : Dollar climbs the record-breaking ladder

The dollar crossed Rs 100 mark in interbank when it hit record high of Rs 101.08 for buying in the interbank market on Thursday. In open market the greenback stood at Rs 104 for buying, currency dealers said. more... (DT)

Power demand declined in FY13

The average monthly electricity demand declined by 2.06 percent in the fiscal year ended June 30 as industrial activities have been constantly shrinking in the country. more...(N)

‘Foreign remittances reach record high’

Overseas Pakistanis Foundation (OPF) Managing Director Iftikhar Hussain Babar on Thursday said that remittances from overseas Pakistani workers reached $13.92 billion in fiscal year 2012-13, their highest levels ever. more...(N)

Seeking ‘best’ advice: Etisalat hires Goldman to advise on Warid acquisition

Etisalat, the Gulf’s biggest telecommunications operator, has hired Goldman Sachs Group Incorporated to advise on its planned bid for mobile operator Warid Telecom, two sources aware of the matter said. more...(ET)

Year of the yarn: Nishat Chunian acquires Taj Textile for Rs350 million

Nishat Chunian Limited (NCL) has acquired Taj Textile Mills Limited (TTML) at a reserve price of Rs350.1 million, according to a notice issued to the Karachi Stock Exchange on Thursday. more...(ET)

NAVs and Returns
as of July 25, 2013
Funds Offer Redemption
POGSF
10.1480/-
10.1480/-
YTD Return
6.02%
POAIIF
52.3583/-
51.8347/-
YTD Return
6.79%
POAAAF
57.81/-
56.36/-
YTD Return
10.79%
POIAAF
59.71/-
58.22/-
YTD Return
9.62%
POAF
11.32/-
YTD Return
8.72%

 

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 19, 2013)
$10.20bn
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) 105.57
Gold Spot(USD/oz) 1,339.05
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.