BasedLine

Date:02-Sep-2013
KSE-100 Index
 
Previous Index 22,214.73
Current Index 22,160.85
Change % -0.24
YTD (CY13)% 31.09
YTD (FY14)% 5.50
Volume (mn) 140.97
Capitilization (USDbn) 12.87
FIPI (USDmn)(Daily) 1.31
FIPI (USDmn) (YTD) -87.32

 

KSE-100 Index
Previous Index 38,908.82
Current Index 37,950.47
Change % 0.11
YTD (CY13)% 30.30
YTD (FY14)% 3.37
Volume (mn) 39.19
Capitilization (USDbn) 7.21

International Indicators
 
Close
%age
BSE-30 18,619.72 1.19
HANGSENG 21,731.37 0.12
NIKKEI 225 13,388.86 -0.53
FTSE 6,412.93 -1.08
DJIA 14,810.31 -0.21
SSEC 2,098.38 0.05
NASDAQ 3,589.87 -0.84

 
Close
%age
TASI 7,878.74 1.45
KSE(Kuwait) 7,623.06 -0.12
BSE 1,188.05 -0.02
MSM 6,735.64 0.66
ADX 3,802.22 1.81
DFM 2,599.35 3.02
QSE 9,667.58 0.50

KIBOR
 
%age
3 Months 9.06
6 Months 9.17
12 Months 9.54

T-Bills
%age
3 Months 8.92
6 Months 9.09
12 Months 9.30

Bonds
 
%age
3-Y PIB 11.05
5-Y PIB 11.52
10-Y PIB 12.02
20-Y PIB 12.61
30-Y PIB 12.78
Capital Market Overview

Weekly review: Geopolitics, tumbling regional markets, macro concerns allow bears to take control

As the Syrian crisis takes its toll and regional markets experience sell-off due to currency depreciation, the Karachi stock market saw a dismal and volatile week ended August 30, when the benchmark 100-share index shed 2.4%. more... (ET)

News Clippings

Power sector performance: losses soar, collections decline

Power sector's performance with respect to losses and collections is said to have worsened mainly due to incompetence, political interference and duplication of responsibilities, well informed sources told Business Recorder. The sources said Transmission and Distribution (T&D) losses of Discos increased by 2.2 percent in July 2013 as compared to corresponding month of 2012. more... (BR)

Consumers using up to 300 units: Prime Minister's consent sought for hike in power tariff

The Ministry of Water and Power has reportedly sought permission from the Prime Minister Nawaz Sharif to increase power tariff of domestic consumers who use more than 200 units monthly from September 1, 2013. more... (BR)

Sartaj to inaugurate D-8 Commission moot today

Advisor to the Prime Minister on National Security and Foreign Affairs Sartaj Aziz will inaugurate the 33rd session of the Developing-8 (D-8) Commission to be hosted by Pakistan today (Monday). The D-8 Commissioners from member countries including Bangladesh, Egypt, Indonesia, Iran, Malaysia, Nigeria, Pakistan and Turkey and D-8 Secretary-General Dr Seyed Ali Mohammad Mousavi will attend the meeting. more... (BR)

Nawaz holding special farewell ceremony for Zardari on September 5

Sources revealed that Prime Minister Nawaz Sharif is organising a special farewell ceremony and dinner in honour of outgoing President Asif Ali Zardari on September 5, 2013 in appreciation of his significant role in the peaceful transfer of power.Guard of Honour will be accorded to President Asif Ali Zardari on September 8. more...(BR)

Gas tariff hike may hurt exporters, APTMA says

The hike in gas tariff to the tune of Rs85 per mmbtu (million British thermal units) on Captive Power Plants (CPPs) would turn the most efficient and export-earning industry into a sick industry.This was stated by the Zonal Chairman All Pakistan Textile Mills Association (APTMA) Yasin Siddik. more...(TFD)

FBR probing tax evasion at DJM Securities

The Federal Board of Revenue (FBR) is investigating the affairs of a Karachi-based brokerage house DJM Securities and its director Dawood Jan Mohammad, and initial investigations suggest misappropriations worth billions of rupees through tax evasions and Benami trading. more...(N)

NAVs and Returns
as of August 30, 2013
Funds Offer Redemption
POGSF
10.2040/-
10.2040/-
YTD Return
5.78%
POAIIF
52.0532/-
51.5327/-
YTD Return
-0.72%
POAAAF
54.78/-
53.41/-
YTD Return
4.91%
POIAAF
57.05/-
55.62/-
YTD Return
4.73%
POAF
11.32/-
YTD Return
3.70%

 

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 23, 2013)
$10.39bn
Trade Deficit
(July 13)
$(1.72)bn
Curr. A/C
(July 13)
$46mn
Remittances
(July 13)
$1.40bn
Foreign Investment (July 13) $118mn
CPI Gen. - YoY
(July-13)
8.26%
CPI Gen. - FY13
(July 12- June13)
7.40%

Commodities
 
WTI (USD/bbl) 106.19
Gold Spot(USD/oz) 1,390.12
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.