BasedLine

Date:10-Sep-2013
KSE-100 Index
 
Previous Index 22,765.87
Current Index 22,838.84
Change % 0.32
YTD (CY13)% 35.10
YTD (FY14)% 8.73
Volume (mn) 132.94
Capitilization (USDbn) 13.21
FIPI (USDmn)(Daily) 3.81
FIPI (USDmn) (YTD) -84.26

 

KSE-100 Index
Previous Index 39,057.17
Current Index 39,180.88
Change % 0.32
YTD (CY13)% 34.52
YTD (FY14)% 6.72
Volume (mn) 63.70
Capitilization (USDbn) 7.42

International Indicators
 
Close
%age
BSE-30 19,270.06 1.53
HANGSENG 22,750.65 0.57
NIKKEI 225 14,205.23 2.48
FTSE 6,530.74 -0.25
DJIA 15,063.12 0.94
SSEC 2,125.52 3.53
NASDAQ 3,706.18 1.26

 
Close
%age
TASI 7,643.13 0.10
KSE(Kuwait) 7,233.43 -0.06
BSE 1,179.75 -0.15
MSM 6,379.54 -1.12
ADX 3,479.13 -1.39
DFM 2,224.54 -1.97
QSE 9,151.28 -1.15

KIBOR
 
%age
3 Months 8.94
6 Months 9.04
12 Months 9.45

T-Bills
%age
3 Months 8.65
6 Months 8.83
12 Months 9.16

Bonds
 
%age
3-Y PIB 10.94
5-Y PIB 11.40
10-Y PIB 11.95
20-Y PIB 12.52
30-Y PIB 12.68
Capital Market Overview

Market watch: KSE continues rally as cement rebounds

The stock market continued its upward trend into the new week as petroleum and cement sectors resurged. The Karachi Stock Exchange’s (KSE) benchmark 100-share index rose 0.32% or 72.97 points to end at 22,838.84 points. more... (ET)

News Clippings

IMF’s condition: Pakistan agrees to slice budget deficit target

Pakistan has agreed to the International Monetary Fund’s (IMF) condition to lower its annual budget deficit target to 5.8% of the total size of its economy.This will likely result in a sharp cut of a minimum Rs130 billion on the budget that parliament approved just over two months back. more... (ET)

$6.6 billion facility: IMF's approval is credit positive: Moody's

The IMF's approval of assistance is credit positive because it allows Pakistan to avert a looming balance-of-payments crisis and provides incentives for the government to implement structural reforms to boost growth, according to extracts from "Moody's Credit Outlook," Monday, September 9 issue. more... (BR)

Mamnoon becomes 12th President of Pakistan

Mamnoon Hussain on Monday took oath as the 12th President of Pakistan for next five years. The oath taking ceremony was held at the President's House. Chief Justice of Supreme Court of Pakistan, Iftikhar Muhammad Chaudhry administrated oath to Mamnoon Hussain. more... (BR)

ADB provides $245m to improve power distribution systems

The Asian Development Bank (ADB) and the government of Pakistan Monday signed an agreement to invest $245 million to improve the country’s power distribution systems. more...(DT)

First half of 2013 : Fertilizer sector’s total profits increase by 36%

The fertilizer sector of Pakistan cumulatively witnessed 36 percent yearly increase in profitability during first half of 2013 as the collective profit after tax (PAT) of the whole sector stood at Rs 16.2 billion as against Rs 11.8 billion in the same period of 2012. more...(DT)

IDB extends $850 million project support to Pakistan

The Islamic Development Bank (IDB) ) on Monday announced its commitment for $850 million support for development projects in Pakistan.The fresh project assistance to Pakistan will be provided over the next three years. more...(ET)

SECP in process of revising NBF sector

Keeping in view the inherent risks in the present composition of the financial sector, the Securities and Exchange Commission of Pakistan (SECP) is in the process of revising the non-bank financial (NBF) sector to reform the entire financial sector. more...(ET)

NAVs and Returns
as of September 09, 2013
Funds Offer Redemption
POGSF
10.2227/-
10.2227/-
YTD Return
5.92%
POAIIF
52.1317/-
51.6104/-
YTD Return
0.15%
POAAAF
55.34/-
53.96/-
YTD Return
6.07%
POIAAF
57.24/-
55.81/-
YTD Return
5.08%
POAF
11.33/-
YTD Return
3.69%

 

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)
8.55%
CPI Gen. - FY14
(Jul-Aug13)
8.40%

Commodities
 
WTI (USD/bbl) 108.42
Gold Spot(USD/oz) 1,378.13
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.