BasedLine

Date:26-Aug-2013
KSE-100 Index
 
Previous Index 22,714.32
Current Index 22,714.32
Change % 0.00
YTD (CY13)% 34.36
YTD (FY14)% 8.14
Volume (mn) 106.08
Capitilization (USDbn) 13.20
FIPI (USDmn)(Daily) 0.39
FIPI (USDmn) (YTD) -89.62

 

KSE-100 Index
Previous Index 38,991.71
Current Index 38,868.24
Change % -0.32
YTD (CY13)% 33.45
YTD (FY14)% 5.87
Volume (mn) 32.72
Capitilization (USDbn) 7.38

International Indicators
 
Close
%age
BSE-30 18,519.44 1.13
HANGSENG 21,863.51 -0.15
NIKKEI 225 13,660.55 2.21
FTSE 6,492.10 0.70
DJIA 15,010.51 0.31
SSEC 2,067.12 -0.28
NASDAQ 3,657.79 0.52

 
Close
%age
TASI 8,129.87 -0.76
KSE(Kuwait) 8,074.34 -0.37
BSE 1,200.75 -0.19
MSM 6,915.15 0.21
ADX 3,959.31 0.25
DFM 2,748.27 1.78
QSE 10,078.78 -0.30

KIBOR
 
%age
3 Months 9.14
6 Months 9.22
12 Months 9.71

T-Bills
%age
3 Months 9.07
6 Months 9.28
12 Months 9.51

Bonds
 
%age
3-Y PIB 11.00
5-Y PIB 11.48
10-Y PIB 12.01
20-Y PIB 12.58
30-Y PIB 12.75
Capital Market Overview

Weekly Review: Dismal earnings announcement, tumbling regional markets deal critical blow to KSE

The country’s largest stock market – the Karachi Stock Exchange – witnessed a dismal week, shedding 4% as earnings of the big names listed on the index missed street estimates coupled with a critical blow from the regional markets which were tumbling. more... (ET)

News Clippings

World Bank ready to provide support to Pakistan, says new VP

Philippe Le Houérou, new vice president of World Bank Group’s South Asia region, said the lending agency will provide policy and performance-based support to Pakistan. more... (ET)

Anxiety over delay in monetary policy

The delay in announcement of monetary policy has created uneasiness among the banks and money market experts as confusion prevails over possible change in the policy rate. more... (D)

Gas tariff for CPPs raised

The government on Friday increased gas rates for Captive Power Plants (CPPs) by more than 17 per cent with immediate effect but remained undecided about the timing of tariff increases for other consumer categories owing to possible legal hitches. more... (D)

Nawaz to host farewell reception for Zardari next month

Prime Minister Nawaz Sharif will host a farewell reception for President Asif Ali Zardari in the first week of next month before the end of his five-year term on Sept 8. more...(D)

Low cost power project: Electricity from Gaddani can cost Rs8 per unit

Renowned scientist Dr Samar Mubarakmand has said that the Gaddani Power Project can produce low cost electricity if locally produced coal is used.“Consumers can get electricity for Rs8 per unit if coal from Thar and Lakhra is used to run the Gaddani Power Project,” he said. In case of imported coal, it would cost Rs13 per unit.
more...(ET)

Aptma initiative to double exports

All-Pakistan Textile Mills Association (Aptma) would launch a new initiative from Jan 1, 2014 to improve the image of Pakistani textiles around the world to double the industry’s exports to $26 billion over the next three to four years in the wake of free market access from the European Union. more...(D)

Economic development plan: A ‘vision’ that may turn into a nightmare

Shabby planning and execution of the government’s economic development plan, named Vision 2025, may not only fail to deliver high economic growth, it will leave the nation even more indebted than before.Shabby planning and execution of the government’s economic development plan, named Vision 2025, may not only fail to deliver high economic growth, it will leave the nation even more indebted than before. more...(D)

NAVs and Returns
as of August 23, 2013
Funds Offer Redemption
POGSF
10.1819/-
10.1819/-
YTD Return
5.06%
POAIIF
51.9962/-
51.4762/-
YTD Return
-1.56%
POAAAF
55.72/-
54.33/-
YTD Return
6.80%
POIAAF
57.73/-
56.29/-
YTD Return
5.99%
POAF
11.30/-
YTD Return
3.02%

 

Funds Rating
AMC
AM3-
POAIIF
AA-(f)
POAF
A+ (f)
POAAAF
2 Star
POIAAF
4 Star
POGSF
AA(f)

  Jul-13 Jun-13
MoM (%)
AUM's (PKR bn) 380.60 360.18 5.24
No of AMCs 24 24 0.00
No of Funds 190 181 4.97

Economic Highlights
 
GDP Growth FY13 3.60%
Per Capita Income $1,380
Reserves
(August 16, 2013)
$10.39bn
Trade Deficit
(July 12-June13)
$(20.5)bn
Curr. A/C
(July 13)
$46mn
Remittances
(July 13)
$1.40bn
Foreign Investment (July-June 13) $1.57bn
CPI Gen. - YoY
(July-13)
8.26%
CPI Gen. - FY13
(July 12- June13)
7.40%

Commodities
 
WTI (USD/bbl) 106.99
Gold Spot(USD/oz) 1,395.90
Cement (Rs./Bag) 504.00
Coal Spot(USD/ton) 76.10
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.