BasedLine

Date:31-July-2013
KSE-100 Index
 
Previous Index 23,315.15
Current Index 23,284.81
Change % -0.13
YTD (CY13)% 37.74
YTD (FY14)% 10.85
Volume (mn) 143.35
Capitilization (USDbn) 13.95
FIPI (USDmn)(Daily) 0.82
FIPI (USDmn) (YTD) -114.41

 

KSE-100 Index
Previous Index 40,951.73
Current Index 40,755.33
Change % -0.48
YTD (CY13)% 39.93
YTD (FY14)% 11.01
Volume (mn) 54.42
Capitilization (USDbn) 7.75

International Indicators
 
Close
%age
BSE-30 19,348.34 -1.25
HANGSENG 21,953.96 0.48
NIKKEI 225 13,869.82 1.53
FTSE 6,570.90 0.16
DJIA 15,520.59 -0.01
SSEC 1,990.06 0.70
NASDAQ 3,616.47 0.48

 
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 9.01
6 Months 9.08
12 Months 9.41

T-Bills
%age
3 Months 8.84
6 Months 8.95
12 Months 9.20

Bonds
 
%age
3-Y PIB 10.53
5-Y PIB 10.97
10-Y PIB 11.76
20-Y PIB 12.34
30-Y PIB 12.52
Capital Market Overview

KSE down 30 pts on doubts over presidential poll

The Karachi stock market closed lower on Tuesday on uncertainty over the presidential election, which was boycotted by some of the opposition parties. The Karachi Stock Exchange (KSE) 100-share index shed 30.34 points or 0.13 percent to close at 23,284.81 points as compared to previous session’s 23,315.15 points. more... (DT)

News Clippings

Chinese company may invest in four power projects

China Power Investment Corp (CPI Group) on Tuesday expressed its interest in investing in four power projects in Pakistan having a combined energy generation capacity in excess of 2,500 megawatts. more... (N)

Engro Foods posts earnings of Rs460m

Engro Foods announced below-the-expectation second quarter 2013 results on Tuesday with the earnings of Rs460 million (earnings per share of 60 paisas), down by 13 percent on year-on-year basis, while it went down by 30 percent on quarter-on-quarter basis. more... (N)

Upsurge begins: CPI expected between 7.5 percent to 7.99 percent in July 2013

The Consumer Price Index (CPI) inflation for July 2013 is expected to settle between 7.5 percent to 7.99 percent on yearly basis as compared to 9.6 percent in July 2012, while on monthly basis it is expected to increase by 1.60 percent to 2.09 percent against an increase of 0.8 percent last month, analysts said on Thursday. more... (DT)

Traders hail Mamnoon appointment as Pakistan’s president

Business community of the country in general and Karachi in particular hailed the appointment of Mamnoon Hussain as newly elect 12th president of the country on Tuesday. more...(DT)

Corporate results: Growth at Meezan Bank slows due to shrinking spreads

Meezan Bank posted a net profit of Rs1.9 billion for the six-month period ending June 30, up 4.8% compared to the corresponding six-month period of the preceding year. more...(ET)

Correlated markets: Bond market signals downward valuation, end of bull run at KSE

Minor corrections notwithstanding, the long bull run of the Karachi Stock Exchange (KSE) is spectacular in every sense of the word. But how long is the sun going to shine for investors to continue making hay is a question that market observers have already begun to ask. more...(ET)

Equity injection?: Pakistan Steel Mills requests Rs17 billion handout

Pakistan Steel Mills (PSM) has requested the government to immediate inject Rs17 billion worth of equity to restore the company’s choked supply chain. more...(ET)

NAVs and Returns
as of July 30, 2013
Funds Offer Redemption
POGSF
10.1524/-
10.1524/-
YTD Return
5.55%
POAIIF
52.3991/-
51.8751/-
YTD Return
6.61%
POAAAF
57.36/-
55.93/-
YTD Return
9.95%
POIAAF
59.32/-
57.84/-
YTD Return
8.91%
POAF
11.33/-
YTD Return
8.39%

 

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 FY13 3.60%
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) 103.35
Gold Spot(USD/oz) 1,332.44
Cement (Rs./Bag) 505.00
Coal Spot(USD/ton) 77.10
Urea Fertilizer (Rs/bag) 1,812.00
DAP (Rs./bag) 2,359.66
KCA Cotton (Rs/mound) 6,500.00

 

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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.