BasedLine

Date:12-Aug-2013
KSE-100 Index
 
Previous Index 22,621.93
Current Index 23,237.19
Change % 2.72
YTD (CY13)% 37.45
YTD (FY14)% 10.62
Volume (mn) 131.92
Capitilization (USDbn) 13.51
FIPI (USDmn)(Daily) 3.31
FIPI (USDmn) (YTD) -105.82

 

KSE-100 Index
Previous Index 39,347.66
Current Index 40,420.85
Change % 2.73
YTD (CY13)% 38.78
YTD (FY14)% 10.10
Volume (mn) 43.67
Capitilization (USDbn) 7.68

International Indicators
 
Close
%age
BSE-30 18,789.34 0.67
HANGSENG 21,807.56 0.70
NIKKEI 225 13,615.19 0.07
FTSE 6,583.40 0.82
DJIA 15,425.51 -0.47
SSEC 2,052.24 0.36
NASDAQ 3,660.11 -0.25

 
Close
%age
TASI 8,072.30 1.26
KSE(Kuwait) 8,064.84 0.10
BSE 1,199.78 0.02
MSM 6,759.92 0.73
ADX 3,899.34 -0.77
DFM 2,667.65 -0.24
QSE 9,847.62 0.45

KIBOR
 
%age
3 Months 9.03
6 Months 9.09
12 Months 9.46

T-Bills
%age
3 Months 8.91
6 Months 9.01
12 Months 9.31

Bonds
 
%age
3-Y PIB 10.80
5-Y PIB 11.28
10-Y PIB 11.98
20-Y PIB 12.44
30-Y PIB 12.62
Capital Market Overview

Weekly review: KSE closes up 0.6% after volatile week

An extremely volatile week at the stock market ended with the benchmark KSE-100 index closing up 146 points (0.6%) after a massive rally on the final trading session of the week which saw a gain of 615 points (2.7%). more... (ET)

News Clippings

Helping the homeland: Why a Diaspora bond for Pakistan is a good idea

Overseas Pakistanis comprise almost 3% of the country’s population, and either live as guest workers in the Gulf countries, or are permanently settled in the West, the Middle East and Far East Asia. more... (ET)

Commodity trading: Gold expected to climb back up, says PMEX’s head

There is going to be minimal downside to gold trading, as the fall of its prices is expected to be over by September, according to Acting Managing Director of Pakistan Mercantile Exchange (PMEX) Amjad Khan. more... (ET)

Free hand: Finance minister handed absolute control over economic decisions

The cabinet has given free hand to the Finance Minister Ishaq Dar to implement the decisions of the Economic Coordination Committee (ECC) without ratification on reversing decisions taken by the previous Pakistan Peoples Party (PPP) government. more... (ET)

Floods and state of the economy

The loss of human lives, displacement of people and damage to crops, livestock and property in recent rains and floods, the third such deluge in the past four years, have hurt the economy of Pakistan where about 50% of the population still earn less than $2 a day and remain below the poverty line 66 years after independence. more...(ET)

Framework of Economic Growth needs to be revisited to achieve prosperity

An outcome of having an open environment for discourses has been that scores of policy documents have been produced over the past many years. However, one can observe a general fatigue from dialogues. more...(ET)

FBR blocks proposal to slash withholding tax on wheat import

The Federal Board of Revenue (FBR) blocked a wheat import proposal initiated by the Ministry of National Food Security to slash withholding tax on the import of wheat from 6% to 1%. more...(ET)

WB urges normalisation of Pak-India trade ties

The World Bank has advised the Pakistan Muslim League - Nawaz (PML-N) government to normalise trade relations with archrival India and open its borders, while also urging the country's economic planners to adopt pro-consumer policies by moving away from protecting handpicked domestic industries. more...(FD)

NAVs and Returns
as of August 07, 2013
Funds Offer Redemption
POGSF
10.1622/-
10.1622/-
YTD Return
5.31%
POAIIF
52.4640/-
51.9394/-
YTD Return
6.41%
POAAAF
56.32/-
54.91/-
YTD Return
7.94%
POIAAF
58.58/-
57.12/-
YTD Return
7.55%
POAF
11.35/-
YTD Return
8.30%

 

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 26, 2013)
$10.22bn
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) 106.18
Gold Spot(USD/oz) 1,330.09
Cement (Rs./Bag) 504.00
Coal Spot(USD/ton) 76.70
Urea Fertilizer (Rs/bag) 1,812.00
DAP (Rs./bag) 2,359.66
KCA Cotton (Rs/mound) 6,550.00

 

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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.