BasedLine

Date:12-Sep-2013
KSE-100 Index
 
Previous Index 22,992.17
Current Index 23,231.68
Change % 1.04
YTD (CY13)% 37.42
YTD (FY14)% 10.60
Volume (mn) 165.66
Capitilization (USDbn) 13.39
FIPI (USDmn)(Daily) 3.24
FIPI (USDmn) (YTD) -80.38

 

KSE-100 Index
Previous Index 39,671.14
Current Index 40,291.13
Change % 1.56
YTD (CY13)% 38.34
YTD (FY14)% 9.74
Volume (mn) 74.51
Capitilization (USDbn) 7.57

International Indicators
 
Close
%age
BSE-30 19,997.45 0.00
HANGSENG 22,937.14 -0.17
NIKKEI 225 14,425.07 0.01
FTSE 6,588.43 0.07
DJIA 15,326.60 0.89
SSEC 2,241.27 0.15
NASDAQ 3,725.01 -0.11

 
Close
%age
TASI 7,855.19 -0.21
KSE(Kuwait) 7,548.34 1.38
BSE 1,183.59 -0.11
MSM 6,580.72 0.57
ADX 3,680.80 0.25
DFM 2,531.83 0.38
QSE 9,583.95 -0.09

KIBOR
 
%age
3 Months 8.96
6 Months 9.03
12 Months 9.44

T-Bills
%age
3 Months 8.77
6 Months 8.89
12 Months 9.16

Bonds
 
%age
3-Y PIB 10.90
5-Y PIB 11.45
10-Y PIB 11.95
20-Y PIB 12.52
30-Y PIB 12.68
Capital Market Overview

Market watch: Market continues upward trend as cements retain confidence

The stock market ended in the green the third day in a row on positive sentiments during the week.The Karachi Stock Exchange’s (KSE) benchmark 100-share index rose 1.04% or 239.51 points to end at 23,231.68 points. more... (ET)

News Clippings

Oil companies must submit $1,300,000 to court tomorrow, says CJ

Chief Justice of Pakistan Iftikhar Chaudhry has ordered oil companies to submit $1,300,000 in the Supreme Court tomorrow, Express News reported on Wednesday. more... (ET)

Monetary policy: Analysts predict no change in discount rate

Modifying their nearly unanimous view about the upcoming monetary policy announcement, an overwhelming majority of analysts polled by The Express Tribune on Wednesday said they expect the State Bank of Pakistan (SBP) to keep the discount rate unchanged for now. more... (ET)

Budgetary support: government borrows Rs 600 billion in two months

A shortfall in the revenue collection has resulted in massive government borrowing from domestic banking sector particularly the SBP. The federal government's borrowing for budgetary support from the central bank has crossed Rs 600 billion mark in first two months of the current fiscal year. more... (BR)

Govt releases Rs 41bn development budget till Sept 6

The Planning Commission of Pakistan has so far released Rs 41.208 billion under its Public Sector Development Programme (PSDP) for various projects against the total allocations of Rs 540 billion for the fiscal year 2013-14 (FY14). more...(DT)

‘Govt may close down PIA if it fails to become profitable’

In-case of failure of Pakistan International Airlines (PIA) management to turn around it into profitable organisation, government will look to close down the national carrier, Federal Minister for Planning and Development Ahsan Iqbal said on Wednesday. more...(DT)

$362m CSF arrears expected this fiscal year: Dar

Federal Minister for Finance Ishaq Dar on Wednesday informed that clearance of arrears to the tune of $362 million of Coalition Support Fund (CSF) are under consideration by the US government and its release is also expected within this fiscal. more...(DT)

Economic reform: Political stability and implementation of plans are necessary conditions

Political stability, unity in nation and the will to truly implement plans are prerequisites for economic transformation of Pakistan, says Dato’ Sri Idris Jala, a minister in Malaysian Prime Minister’s Department. more...(ET)

NAVs and Returns
as of September 11, 2013
Funds Offer Redemption
POGSF
10.2257/-
10.2257/-
YTD Return
5.91%
POAIIF
52.1474/-
51.6259/-
YTD Return
0.30%
POAAAF
56.39/-
54.98/-
YTD Return
8.08%
POIAAF
58.15/-
56.70/-
YTD Return
6.76%
POAF
11.34/-
YTD Return
3.79%

 

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

 

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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.