BasedLine

Date:18-Sep-2013
KSE-100 Index
 
Previous Index 23,242.68
Current Index 23,066.50
Change % -0.76
YTD (CY13)% 36.45
YTD (FY14)% 9.81
Volume (mn) 121.11
Capitilization (USDbn) 13.19
FIPI (USDmn)(Daily) 1.73
FIPI (USDmn) (YTD) -84.84

 

KSE-100 Index
Previous Index 39,545.97
Current Index 39,098.97
Change % -1.13
YTD (CY13)% 34.24
YTD (FY14)% 6.50
Volume (mn) 42.72
Capitilization (USDbn) 7.31

International Indicators
 
Close
%age
BSE-30 19,804.03 0.31
HANGSENG 23,180.52 -0.31
NIKKEI 225 14,311.67 -0.65
FTSE 6,570.17 -0.80
DJIA 15,529.73 0.23
SSEC 2,185.56 -2.05
NASDAQ 3,745.70 0.75

 
Close
%age
TASI 8,030.58 -0.50
KSE(Kuwait) 7,720.99 -0.87
BSE 1,182.15 0.10
MSM 6,571.46 -0.53
ADX 3,778.60 -0.14
DFM 2,616.40 -1.12
QSE 9,806.58 0.45

KIBOR
 
%age
3 Months 9.31
6 Months 9.43
12 Months 9.81

T-Bills
%age
3 Months 9.14
6 Months 9.35
12 Months 9.53

Bonds
 
%age
3-Y PIB 11.30
5-Y PIB 11.88
10-Y PIB 12.39
20-Y PIB 12.83
30-Y PIB 12.98
Capital Market Overview

Market watch: Stock market falls as monetary policy catches up

The monetary policy caught up with the stock market, pulling the index down despite progress in the cement sector association.The Karachi Stock Exchange’s (KSE) benchmark 100-share index fell 0.76% or 176.18 points to end at 23,066.5 points. more... (ET)

News Clippings

Containing the damage: Govt on course, restricts deficit in first two months

The new government has got off to a good start, as it appears to have consolidated its fiscal position in first two months of the current fiscal year, restricting budget deficit to 0.8% of gross domestic product or Rs208 billion. more... (ET)

IMF''s EFF: NFA performance benchmark for first quarter unlikely to be met

The government may be unable to meet the performance benchmark of Net Foreign Assets (NFA) agreed with the International Monetary Fund (IMF) for the first quarter of the current fiscal year as the estimated disbursement by multilaterals and bilaterals is unlikely to materialise, informed sources told Business Recorder. more... (BR)

Payment to IPPs: ministry ignorant about source of money

The Ministry of Water and Power is reportedly ignorant about the source of Rs 342 billion arranged by the Ministry of Finance to partly clear the inter-circular debt, well-informed sources told Business Recorder. more... (BR)

Pakistan, WB sign $0.9m accord for industries project in KP

The government of Pakistan has signed a grant agreement of $900,000 with the World Bank (WB) for ‘Competitive Industries Project in Khyber Pakhtunkhwa’ to be funded under Multi Donor Trust Fund (MDTF) on Friday. more...(DT)

Pakistan must improve infrastructure to unlock growth: World Bank

A recent World Bank report highlighted key issues that hampered economic activities in Pakistan, with infrastructure, agglomeration and urbanisation ranked as top issues which governments have failed to address. more...(ET)

Non-acceptance of changes to budget 2013-14

The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has threatened countrywide protest strike for an indefinite period in case their demands to bring changes in the federal budget 2013-14, including access to the banking information by the tax authorities and increase in sales tax rate, are not accepted by September 30. more...(N)

WB releases FAS 2013 results for Pakistan

According to the World Bank’s Financial Assess Survey (FAS) 2013 results, in Pakistan commercial bank branches per 1,000 kms have been recorded at 13.40, commercial bank branches per 100,000 adults at 8.97, ATMs per 1,000 kms at 8.10, ATMs per 100,000 adults at 5.42. more...(DT)

NAVs and Returns
as of September 17, 2013
Funds Offer Redemption
POGSF
10.2368/-
10.2368/-
YTD Return
5.97%
POAIIF
52.1912/-
51.6693/-
YTD Return
0.61%
POAAAF
55.69/-
54.30/-
YTD Return
6.74%
POIAAF
57.45/-
56.01/-
YTD Return
5.46%
POAF
11.37/-
YTD Return
4.81%

 

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 (Jul-Aug13) $182.5mn
CPI Gen. - YoY
(Aug-13)
8.55%
CPI Gen. - FY14
(Jul-Aug13)
8.40%

Commodities
 
WTI (USD/bbl) 105.66
Gold Spot(USD/oz) 1,297.30
Cement (Rs./Bag) 472.00
Coal Spot(USD/ton) 77.15
Urea Fertilizer (Rs/bag) 1,850.00
DAP (Rs./bag) 2,359.66
KCA Cotton (Rs/mound) 6,900.00

 

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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.