BasedLine

Date:02-Aug-2013
KSE-100 Index
 
Previous Index 23,312.77
Current Index 23,091.86
Change % -0.95
YTD (CY13)% 36.60
YTD (FY14)% 9.93
Volume (mn) 143.07
Capitilization (USDbn) 13.84
FIPI (USDmn)(Daily) 0.98
FIPI (USDmn) (YTD) -113.83

 

KSE-100 Index
Previous Index 40,774.47
Current Index 40,501.71
Change % -0.67
YTD (CY13)% 39.06
YTD (FY14)% 10.32
Volume (mn) 61.95
Capitilization (USDbn) 7.70

International Indicators
 
Close
%age
BSE-30 19,317.19 -0.15
HANGSENG 21,088.79 0.94
NIKKEI 225 14,005.77 2.47
FTSE 6,682.00 0.92
DJIA 15,628.02 0.83
SSEC 2,029.07 1.77
NASDAQ 3,675.74 1.36

 
Close
%age
TASI 7,910.66 -0.06
KSE(Kuwait) 8,087.82 0.22
BSE 1,198.74 0.32
MSM 6,657.51 0.21
ADX 3,922.51 1.95
DFM 2,594.61 0.23
QSE 9,704.57 0.02

KIBOR
 
%age
3 Months 9.01
6 Months 9.08
12 Months 9.41

T-Bills
%age
3 Months 8.87
6 Months 8.96
12 Months 9.17

Bonds
 
%age
3-Y PIB 10.51
5-Y PIB 11.00
10-Y PIB 11.77
20-Y PIB 12.36
30-Y PIB 12.53
Capital Market Overview

Market watch: Across-the-board selling pulls bourse down 220 points

Karachi bourse plunged 220 points as investors opted to bank profits.The Karachi Stock Exchange’s (KSE) benchmark 100-share index lost 0.95% or 220.92 points to end at the 23,091.86-point level.Trade volumes climbed to 199 million shares, compared with Wednesday’s tally of 141 million shares. more... (ET)

News Clippings

Consumer price index: Inflation rebounds to alarming levels

After slipping to levels never seen in nine years, inflation rebounded in July to 8.3% on a year-on-year basis, compared to 5.8% year-on-year a month earlier, increasing the prospects of missing the annual inflation target in the very first month of the new financial year. more... (ET)

Pakistan forex reserves rise to $10.224bn

Pakistan’s foreign exchange reserves rose to $10.224 billion in the week ending July 26, from $10.202 billion the previous week, the State Bank of Pakistan (SBP) said. SBP’s reserves stood at $5.170 billion while commercial banks held $5.054 billion. more... (DT)

Credit rating: S&P puts Pakistan in speculative bracket

Standard and Poor’s Ratings Services (SP) today affirmed its ‘B-’ long-term and ‘B’ short-term sovereign credit ratings on the Islamic Republic of Pakistan, according to a press release by the agency. A credit rating between BB+ to B- generally means the economy is very speculative. more... (ET)

Russia offers funds to revive Pakistan Steel Mills

Russia offered $1 billion financial and technical assistance for rehabilitation and upgrading Pakistan Steel Mills (PSM), according to a statement issued by Board of Investment. more...(ET)

Rs 62bn withdrawn from USF accounts

The Supreme Court on Thursday directed the finance secretary to submit a detailed report that how Rs 62 billion were withdrawn from Universal Services Funds (USF) accounts with an executive order. more...(DT)

Gadani Power Park Project: first coal-fired plant to be set up by government, says Prime Minister

Prime Minister Nawaz Sharif announced on Thursday that China had agreed to set up four coal-fired power plants of 660 MW each at Gadani Power Park Project in Balochistan. The first power project would be set up by the government of Pakistan itself. more...(BR)

Govt notifies Foreign Assistance Monitoring Cell

In a bid to save payment of multimillion dollars to donors in the shape of commitment charges on an annual basis, the government has notified establishment of Foreign Assistance Monitoring Cell and assigned it eight responsibilities to ensure effective utilisation of foreign loans, official sources said. more...(N)

NAVs and Returns
as of August 01, 2013
Funds Offer Redemption
POGSF
10.1567/-
10.1567/-
YTD Return
5.69%
POAIIF
52.4153/-
51.8911/-
YTD Return
6.55%
POAAAF
56.79/-
55.37/-
YTD Return
8.85%
POIAAF
58.88/-
57.41/-
YTD Return
8.10%
POAF
11.34/-
YTD Return
8.37%

 

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) 108.62
Gold Spot(USD/oz) 1,307.74
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

 

Kindly Click here for PDF Version

(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.