BasedLine

Date:30-July-2013
KSE-100 Index
 
Previous Index 23,497.07
Current Index 23,315.15
Change % -0.77
YTD (CY13)% 37.92
YTD (FY14)% 10.99
Volume (mn) 188.50
Capitilization (USDbn) 13.97
FIPI (USDmn)(Daily) -1.15
FIPI (USDmn) (YTD) -115.23

 

KSE-100 Index
Previous Index 41,125.25
Current Index 40,951.73
Change % -0.42
YTD (CY13)% 40.60
YTD (FY14)% 11.54
Volume (mn) 71.88
Capitilization (USDbn) 7.79

International Indicators
 
Close
%age
BSE-30 19,593.28 -0.78
HANGSENG 21,850.15 -0.54
NIKKEI 225 13,661.13 -3.32
FTSE 6,560.25 0.08
DJIA 15,521.97 -0.24
SSEC 1,976.31 -1.72
NASDAQ 3,599.14 -0.39

 
Close
%age
TASI 7,793.98 0.40
KSE(Kuwait) 8,080.18 -0.38
BSE 1,191.20 0.61
MSM 6,713.83 -0.01
ADX 3,867.59 -0.45
DFM 2,515.14 0.33
QSE 9,640.54 -0.15

KIBOR
 
%age
3 Months 9.00
6 Months 9.08
12 Months 9.40

T-Bills
%age
3 Months 8.84
6 Months 8.94
12 Months 9.21

Bonds
 
%age
3-Y PIB 10.59
5-Y PIB 11.00
10-Y PIB 11.81
20-Y PIB 12.33
30-Y PIB 12.52
Capital Market Overview

Market watch: A bump in the upward trend

The stock market on Monday fell mostly due to selling of banking sector and cement stocks. The Karachi Stock Exchange’s (KSE) benchmark 100-share index lost 0.77% or 181.32 points to end at the 23,315.15 point level. Trade volumes rose to 249 million shares, compared with Friday’s tally of 214 million shares. more... (ET)

News Clippings

Gwadar to serve as hub of proposed China-Pakistan economic corridor

Highlighting the significance of Gwadar Port, a Chinese scholar has said it was true that China was enlarging its investment in some countries around the Indian Ocean, especially in terms of seaports. more... (DT)

Eyeing bid for Warid Telecom

Telecoms group Vimpelcom has agreed to sell two of its sub-Saharan assets for about $100 million and is bidding for Pakistan’s mobile operator Warid Telecom, two banking sources familiar with the matter said. more... (DT)

Sale of Warid to benefit Bank Alfalah

Bank Alfalah Ltd will be the key beneficiary of the likely acquisition of Warid by Etisalat as following a deal every Re 1.0 per share gain should add 24 paisas per share to BAFL’s bottomline, analysts said on Monday. more... (DT)

NCCPL collects over Rs1.25bn under CGT regime

Under the capital gains tax regime, the National Clearing Company Pakistan Limited (NCCPL) has collected over Rs1.25 billion for the financial year ended June 30, a statement said on Monday. more...(N)

Dollarisation pushes public debt to Rs180bn

Pakistan’s public debt has risen to Rs180 billion in just a few days due to the recent surge in dollarisation of the economy, The News has learnt.This is mainly due to the lack of implementation of an effective regulatory regime in the currency market by the State Bank of Pakistan, playing havoc with the rupee against the dollar. more...(N)

Policy shift: Government plans to produce power from coal on a big scale

The government is planning to produce electricity on a massive scale with the help of coal-fired power projects in an attempt to tackle shortages, improve generation and control the re-emerging inter-corporate debt. more...(ET)

Corporate results: Fauji Fertilizer stumbles after steep run

Fauji Fertilizer Company (FFC) posted a profit of Rs9.5 billion for the half year period ended June 30 2013, down 8% from Rs10.3 billion for the corresponding period in the previous year. more...(ET)

NAVs and Returns
as of July 29, 2013
Funds Offer Redemption
POGSF
10.1503/-
10.1503/-
YTD Return
5.48%
POAIIF
52.3909/-
51.8670/-
YTD Return
6.64%
POAAAF
57.78/-
56.34/-
YTD Return
10.75%
POIAAF
59.47/-
57.98/-
YTD Return
9.17%
POAF
11.33/-
YTD Return
8.33%

 

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) 104.20
Gold Spot(USD/oz) 1,329.40
Cement (Rs./Bag) 505.00
Coal Spot(USD/ton) 76.75
Urea Fertilizer (Rs/bag) 1,812.00
DAP (Rs./bag) 2,359.66
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.