BasedLine

Date:06-Sep-2013
KSE-100 Index
 
Previous Index 21,875.83
Current Index 21,451.46
Change % 2.63
YTD (CY13)% 32.81
YTD (FY14)% 6.88
Volume (mn) 143.42
Capitilization (USDbn) 13.01
FIPI (USDmn)(Daily) 0.54
FIPI (USDmn) (YTD) -89.49

 

KSE-100 Index
Previous Index 37,476.50
Current Index 38,519.35
Change % 2.78
YTD (CY13)% 32.25
YTD (FY14)% 4.92
Volume (mn) 72.15
Capitilization (USDbn) 7.29

International Indicators
 
Close
%age
BSE-30 18,979.76 2.22
HANGSENG 22,597.97 1.22
NIKKEI 225 14,064.82 0.08
FTSE 6,532.44 0.89
DJIA 14,937.48 0.04
SSEC 2,129.19 0.07
NASDAQ 3,658.79 0.27

 
Close
%age
TASI 7,634.30 -0.37
KSE(Kuwait) 7,217.96 -0.69
BSE 1,180.77 0.35
MSM 6,413.34 -1.39
ADX 3,537.61 -3.03
DFM 2,337.17 -2.49
QSE 9,204.92 -1.62

KIBOR
 
%age
3 Months 9.04
6 Months 9.14
12 Months 9.53

T-Bills
%age
3 Months 8.86
6 Months 9.02
12 Months 9.24

Bonds
 
%age
3-Y PIB 10.99
5-Y PIB 11.41
10-Y PIB 11.98
20-Y PIB 12.60
30-Y PIB 12.78
Capital Market Overview

Market watch: Stock market bounces back on fresh bailout

The stock market bounced back on Thursday on news of the International Monetary Fund (IMF) bailout.The Karachi Stock Exchange’s (KSE) benchmark 100-share index rose 2.63% or 575.63 points to end at 22,451.46 points. more... (ET)

News Clippings

Loan conditions: IMF delegation to solicit assurances of compliance

As the International Monetary Fund’s (IMF) policy prescription to economic ills of the country is expected to shave 2% off from the growth rate this year, an IMF delegation is arriving in Islamabad over the weekend to seek political assurances at the top level for implementation of the agreed set of conditions. more... (BR)

Interest rate hike: Banks stay away from treasury bills auction

Banks have given their verdict on the upcoming monetary policy rate by showing their complete lack of interest in the latest auction of market treasury bills (T-bills) of longer tenors. more... (BR)

Capacity expansion may spark price war among cement makers

Following the exit of Lucky Cement – the country’s largest cement manufacturer – from the cartel, the announcement of expansion plans by Cherat Cement and DG Khan Cement has heightened chances of a price war between the companies to grab a larger share of the market, analysts say. more... (ET)

Pakistan forex reserves fall to $9.998bn

Pakistan’s foreign exchange reserves dropped to $9.998 billion in the week ending August 30, 2013 from $10.390 billion the previous week, the State Bank of Pakistan (SBP) said on Thursday. more...(DT)

Unexploited economic potential : NA speaker asks foreign investors to take benefit

National Assembly Speaker Sardar Ayaz Sadiq has asked the foreign investors to take benefit of massive unexploited economic potential in Pakistan. more...(DT)

Cement sales decline

The cement dispatches declined by almost five percent in the first two months of the current fiscal year. In August 2013, total cement dispatches were 2.251 million tonnes against 2.283 million tonnes during the same month of last year. more...(N)

Pakistan railways: PR signs $48.43 million agreement with China

Pakistan Railways (PR) will float an international tender for obtaining used locomotives on lease and deferred payment basis.An official of PR said that the maintenance of these locomotives will be the responsibility of the successful bidders during the contract period. more...(ET)

NAVs and Returns
as of September 05, 2013
Funds Offer Redemption
POGSF
10.2153/-
10.2153/-
YTD Return
5.88%
POAIIF
52.1021/-
51.5811/-
YTD Return
-0.15%
POAAAF
54.39/-
53.03/-
YTD Return
4.25%
POIAAF
56.71/-
55.29/-
YTD Return
4.10%
POAF
11.32/-
YTD Return
3.43%

 

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 30, 2013)
$9.99bn
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) 108.38
Gold Spot(USD/oz) 1,372.30
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.