BasedLine

Date:11-Sep-2013
KSE-100 Index
 
Previous Index 22,838.84
Current Index 22,992.17
Change % 0.67
YTD (CY13)% 36.01
YTD (FY14)% 9.46
Volume (mn) 174.16
Capitilization (USDbn) 13.30
FIPI (USDmn)(Daily) 0.65
FIPI (USDmn) (YTD) -83.62

 

KSE-100 Index
Previous Index 39,180.88
Current Index 39,671.14
Change % 1.25
YTD (CY13)% 36.21
YTD (FY14)% 8.05
Volume (mn) 76.87
Capitilization (USDbn) 7.50

International Indicators
 
Close
%age
BSE-30 19,997.10 3.77
HANGSENG 22,976.65 0.99
NIKKEI 225 14,426.36 1.54
FTSE 6,583.99 0.82
DJIA 15,191.06 0.85
SSEC 2,237.98 1.01
NASDAQ 3,729.02 0.62

 
Close
%age
TASI 7,864.56 2.90
KSE(Kuwait) 7,445.75 2.94
BSE 1,184.91 0.44
MSM 6,543.68 2.57
ADX 3,671.59 5.53
DFM 2,522.15 8.50
QSE 9,570.64 4.58

KIBOR
 
%age
3 Months 8.89
6 Months 8.99
12 Months 9.42

T-Bills
%age
3 Months 8.63
6 Months 8.82
12 Months 9.14

Bonds
 
%age
3-Y PIB 10.84
5-Y PIB 11.41
10-Y PIB 11.94
20-Y PIB 12.52
30-Y PIB 12.68
Capital Market Overview

Market watch: Karachi bourse extends rally on interest in cement sector

Stock market continued its upward trend as the cement sector managed to maintain its momentum.The Karachi Stock Exchange’s (KSE) benchmark 100-share index rose 0.67% or 153.33 points to end at 22,992.17 points. more... (ET)

News Clippings

Trade deficit declines to $3.295 billion in July-August

The PBS provisional trade figure showed that the trade deficit has declined to $3.295 billion in July-August 2013 as compared to $3.400 billion same period last year after a 3.66 percent increase in exports and 0.54 percent increase in imports. more... (BR)

Threat of US Syria attack eases as crisis moves to UN

Syria accepted a Russian proposal on Tuesday to give up chemical weapons and win a reprieve from US military strikes, and major western powers began working on a United Nations resolution to create a timetable and process for ensuring it happens. more... (BR)

Investment-to-GDP ratio slides by $24 billion

Pakistan’s investment-to-GDP ratio has dwindled by a staggering 10 percentage points (or $20 to 24 billion) to 13 percent since 2007, although now the new government has stepped up on the liberal investment policy to facilitate foreign and domestic investors to boost the snail-paced economy, said a top business leader. more... (N)

‘Textile industry to double exports in four years’

The APTMA official said that Pakistan is closer than ever before to secure the GSP-Plus status as the European Commission’s technical team has given a positive evaluation on Pakistan’s application. Pakistan is all set to double its textile exports in the next four years from $13.1 billion to $26 billion. This is an achievable target as the government has guaranteed uninterrupted power to the sector, he said. more...(N)

Obtaining $800 million: Properties to be handed over to Etisalat being verified

The Privatisation Commission’s board was informed on Tuesday that physical verification and valuation of the properties to be handed over to Etisalat are being finalised and this process would be completed soon. more...(DT)

Law & order, other factors: $24 billion FDI lost in over five years: BoI chief

Pakistan has lost up to $24 billion foreign direct investment (FDI) in more than five years due to the prevailing deteriorating law and order situation along with some other factors. more...(BR)

PIA to be upgraded on Malaysian Airlines model: Nawaz irked by very poor PIA's show

Prime Minister Nawaz Sharif has expressed dissatisfaction over the performance of Pakistan International Airlines (PIA) and directed that the national flag carrier be upgraded on the pattern of Malaysian Airlines. more...(BR)

NAVs and Returns
as of September 10, 2013
Funds Offer Redemption
POGSF
10.2246/-
10.2246/-
YTD Return
5.93%
POAIIF
52.1396/-
51.6182/-
YTD Return
0.23%
POAAAF
56.07/-
54.67/-
YTD Return
7.47%
POIAAF
57.98/-
56.53/-
YTD Return
6.44%
POAF
11.34/-
YTD Return
3.74%

 

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
(Jul-Aug 13)
$(3.29)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) 106.87
Gold Spot(USD/oz) 1,364.80
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

 

Kindly Click here for PDF Version

(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.