BasedLine

Date:05-Sep-2013
KSE-100 Index
 
Previous Index 21,808.48
Current Index 21,875.83
Change % 0.31
YTD (CY13)% 29.40
YTD (FY14)% 4.14
Volume (mn) 90.79
Capitilization (USDbn) 12.68
FIPI (USDmn)(Daily) -1.08
FIPI (USDmn) (YTD) -90.03

 

KSE-100 Index
Previous Index 37,543.09
Current Index 37,476.50
Change % -0.18
YTD (CY13)% 28.67
YTD (FY14)% 2.08
Volume (mn) 49.01
Capitilization (USDbn) 7.09

International Indicators
 
Close
%age
BSE-30 18,567.55 1.83
HANGSENG 22,326.22 -0.31
NIKKEI 225 14,053.87 0.54
FTSE 6,474.74 0.10
DJIA 14,930.87 0.65
SSEC 2,127.62 0.21
NASDAQ 3,649.04 1.01

 
Close
%age
TASI 7,662.96 -2.16
KSE(Kuwait) 7,267.82 -2.64
BSE 1,184.92 0.04
MSM 6,504.00 -2.85
ADX 3,648.32 -2.29
DFM 2,296.79 -3.72
QSE 9,356.32 -1.89

KIBOR
 
%age
3 Months 9.06
6 Months 9.14
12 Months 9.54

T-Bills
%age
3 Months 8.91
6 Months 9.12
12 Months 9.36

Bonds
 
%age
3-Y PIB 11.07
5-Y PIB 11.50
10-Y PIB 12.04
20-Y PIB 12.61
30-Y PIB 12.78
Capital Market Overview

KSE closes higher with a gain of 67 pts

The Karachi Stock Exchange (KSE) 100-share index gained 67.35 points or 0.31 percent to close at 21,875.83 points as compared to previous session’s 21,808.48 points. The KSE 30-share index shed 1.14 points to close at 17,008.20 points as against 17,009.34 points of the previous session. more... (DT)

News Clippings

IMF board approves $6.7 billion for Pakistan

The International Monetary Fund's board on Wednesday approved a $6.7 billion loan package for Pakistan to help revive its ailing economy. In a statement, the IMF said the three-year programme should help Pakistan rebuild its reserves and prevent a crisis in the balance of payments. more... (BR)

Syrian conflict: implications for Pakistan’s economy

“The unsteady rupee and elevated global oil price will further put pressure on the government to increase fuel prices,” the sources said.“The escalation of oil price will have a negative impact on the economy overall. The impact is inflationary as it will enhance the import bill, widening the fiscal deficit,” an analyst said. more... (DT)

Beverage industry : CCP asks govt to withdraw ‘capacity tax’

The Competition Commission of Pakistan (CCP) has issued a policy note to the government recommending it to withdraw the imposition of ‘capacity tax’ on the beverage industry. more... (DT)

Interest rate hike will spell disaster for economy: FPCCI

Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Wednesday said upward revision in the interest rates would spell disaster for the grappling economy and damage the shabby investment climate while it would only benefit the lenders. more...(DT)

US signs $95m wind power loan agreement in Sindh

The U.S. Ambassador to Pakistan signed a $95 million ten-year loan agreement on Wednesday to build a 50-megawatt (MW) wind power plant in the Ghoro-Keti Bandar wind corridor near Jhimpir in Sindh. more...(N)

Pakistan slips to 133rd rank from 124th last year

Pakistan has slipped down to 133rd rank from 124th last year among 148 countries on the Global Competitiveness Index (GCI) of the World Economic Forum (WEF), announced in the Global Competitiveness Report 2013-14. Pakistan was ranked 124th in 2012-13 and 118th in 2011-12. more...(DT)

FBR to access bank accounts having transactions over Rs5m

The Federal Board of Revenue (FBR) will access bank accounts of only non-national tax number holders with transactions of over Rs60 million annually, an official said. more...(N)

NAVs and Returns
as of September 04, 2013
Funds Offer Redemption
POGSF
10.2117/-
10.2117/-
YTD Return
5.77%
POAIIF
52.0943/-
51.5734/-
YTD Return
-0.23%
POAAAF
53.60/-
52.26/-
YTD Return
2.73%
POIAAF
56.12/-
54.72/-
YTD Return
3.03%
POAF
11.32/-
YTD Return
3.34%

 

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
(Aug-13)
8.50%
CPI Gen. - FY14
(Jul-Aug13)
8.40%

Commodities
 
WTI (USD/bbl) 105.40
Gold Spot(USD/oz) 1,392.90
Cement (Rs./Bag) 502.00
Coal Spot(USD/ton) 76.10
Urea Fertilizer (Rs/bag) 1,837.00
DAP (Rs./bag) 2,359.66
KCA Cotton (Rs/mound) 6,700.00

 

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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.