BasedLine

Date:16-Sep-2013
KSE-100 Index
 
Previous Index 23,222.21
Current Index 23,168.04
Change % -0.23
YTD (CY13)% 37.05
YTD (FY14)% 10.29
Volume (mn) 118.59
Capitilization (USDbn) 13.30
FIPI (USDmn)(Daily) -2.34
FIPI (USDmn) (YTD) -86.35

 

KSE-100 Index
Previous Index 39,961.01
Current Index 39,964.91
Change % 0.01
YTD (CY13)% 37.22
YTD (FY14)% 8.86
Volume (mn) 45.95
Capitilization (USDbn) 7.51

International Indicators
 
Close
%age
BSE-30 19,732.76 -0.25
HANGSENG 22,915.28 -0.17
NIKKEI 225 14,404.67 0.12
FTSE 6,583.80 -0.08
DJIA 15,376.06 0.49
SSEC 2,236.22 -0.64
NASDAQ 3,722.18 0.17

 
Close
%age
TASI 7,893.67 0.49
KSE(Kuwait) 7,587.21 0.51
BSE 1,181.71 -0.16
MSM 6,574.92 -0.09
ADX 3,719.83 1.06
DFM 2,538.56 0.27
QSE 9,619.84 0.33

KIBOR
 
%age
3 Months 8.95
6 Months 9.03
12 Months 9.44

T-Bills
%age
3 Months 8.75
6 Months 8.90
12 Months 9.18

Bonds
 
%age
3-Y PIB 11.01
5-Y PIB 11.54
10-Y PIB 11.99
20-Y PIB 12.52
30-Y PIB 12.68
Capital Market Overview

Weekly review: Positive triggers help KSE extend bullish trend

While uncertainty on the outcome of the monetary policy announcement, which was announced after the close of the week, slowed down gains, overall gains at the country’s biggest stock market continued upward momentum, climbing 1.8% over the previous with average volumes clocking in at 239 million shares, up 23% week-on-week. more... (ET)

News Clippings

Monetary policy: State Bank raises discount rate by 50bps

Against the expectations of most banking sector analysts, the State Bank of Pakistan (SBP) on Friday increased its discount rate by 50 basis points to 9.5% in view of inflationary pressures. more... (ET)

Pakistan Oilfields finds more oil, gas in Makori

In its annual report for fiscal 2013, Pakistan Oilfields revealed project updates where the Makori East 3 at Lockhart formation was successfully tested for hydrocarbons, with test production of 2,687 barrels per day (bpd) of oil and 8.56 million cubic feet per day (mmcfd) of gas. more... (ET)

Govt misses SC’s 3G auction deadline for appointing PTA members, chairman

The federal government has missed the Supreme Court’s (SC) deadline to appoint the chairman and members of the Pakistan Telecommunication Authority (PTA), said a source familiar with the matter. more... (ET)

Foreign capital: China set to invest in energy sector

Vice Secretary of Sichuan Chamber of International Commerce, Mr. Luo Sang said that many Chinese companies have shown interest to explore Pakistan’s energy sector for making investment in hydro, solar and wind energy projects which can assist Pakistan to overcome the current energy crisis. more...(ET)

Election campaign: Previous govt spent $3.5b to stem rupee slide before polls

In what appeared to be sheer mismanagement of precious foreign currency reserves, the Pakistan Peoples Party government with the help of the State Bank of Pakistan (SBP) threw a $3.5 billion into the market to defend a weakening rupee during the run-up to elections, reveals a report by the International Monetary Fund (IMF). more...(ET)

Oil and gas exploration: China to invest 80 billion yuan this year

China will invest 80 billion yuan ($13.07 billion) in oil and gas exploration in 2013, state media said on Sunday, as it tries to boost energy supplies reduce its dependence on energy imports. Oil and gas investment in China has risen from 19 billion yuan in 2002 to 67.3 billion yuan in 2011, the official Xinhua news agency said. more...(BR)

Budgeted revenue and expenditure: IMF highlights major differences

The International Monetary Fund (IMF) has placed additional data on its website indicative of major differences between the budgeted revenue and expenditure allocations for the current fiscal year from those agreed under the $6.64 billion Extended Fund Facility (EFF) programme. more...(BR)

NAVs and Returns
as of September 13, 2013
Funds Offer Redemption
POGSF
10.2297/-
10.2297/-
YTD Return
5.94%
POAIIF
52.1620/-
51.6404/-
YTD Return
0.43%
POAAAF
56.19/-
54.79/-
YTD Return
7.71%
POIAAF
57.96/-
56.51/-
YTD Return
6.40%
POAF
11.34/-
YTD Return
3.88%

 

Funds Rating
AMC
AM3-
POAIIF
AA-(f)
POAF
A+ (f)
POAAAF
2 Star
POIAAF
4 Star
POGSF
AA(f)

  Aug-13 Jul-13
MoM (%)
AUM's (PKR bn) 368.34 380.60 -3.22
No of AMCs 24 24 0.00
No of Funds 191 190 0.53

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
(Jul-Aug 13)
$2.46bn
Foreign Investment (July 13) $118mn
CPI Gen. - YoY
(Aug-13)
8.55%
CPI Gen. - FY14
(Jul-Aug13)
8.40%

Commodities
 
WTI (USD/bbl) 107.34
Gold Spot(USD/oz) 1,331.00
Cement (Rs./Bag) 501.00
Coal Spot(USD/ton) 76.75
Urea Fertilizer (Rs/bag) 1,843.00
DAP (Rs./bag) 2,359.66
KCA Cotton (Rs/mound) 6,800.00

 

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.