BasedLine

Date:19-Sep-2013
KSE-100 Index
 
Previous Index 23,066.50
Current Index 22,930.06
Change % -0.59
YTD (CY13)% 35.64
YTD (FY14)% 9.16
Volume (mn) 138.85
Capitilization (USDbn) 13.07
FIPI (USDmn)(Daily) 6.21
FIPI (USDmn) (YTD) -78.63

 

KSE-100 Index
Previous Index 39,098.97
Current Index 38,449.19
Change % -1.66
YTD (CY13)% 32.01
YTD (FY14)% 4.73
Volume (mn) 56.27
Capitilization (USDbn) 7.15

International Indicators
 
Close
%age
BSE-30 19,962.16 0.80
HANGSENG 23,117.45 -0.27
NIKKEI 225 14,505.36 1.35
FTSE 6,558.82 -0.17
DJIA 15,676.94 0.95
SSEC 2,191.85 0.29
NASDAQ 3,783.64 1.01

 
Close
%age
TASI 7,998.21 -0.40
KSE(Kuwait) 7,809.86 1.15
BSE 1,193.12 0.08
MSM 6,582.20 0.16
ADX 3,768.39 -0.27
DFM 2,609.15 -0.28
QSE 9,833.10 0.27

KIBOR
 
%age
3 Months 9.34
6 Months 9.45
12 Months 9.93

T-Bills
%age
3 Months 9.25
6 Months 9.39
12 Months 9.58

Bonds
 
%age
3-Y PIB 11.39
5-Y PIB 11.98
10-Y PIB 12.48
20-Y PIB 12.88
30-Y PIB 13.01
Capital Market Overview

Market watch: KSE continues decline as safe havens take a hit

The stock market continued its decline exhibiting volatility in the wake of the monetary policy.The Karachi Stock Exchange’s (KSE) benchmark 100-share index fell 0.59% or 136.44 points to end at 22,930.06 points. more... (ET)

News Clippings

Controversial poverty numbers included in MDG report

The PML-N led government has agreed in principle to include controversial poverty figures in the upcoming progress report on the Millennium Development Goals (MDGs), The News learnt on Wednesday. more... (ET)

Fertiliser sector claims CCP has no authority over it

The fertiliser industry has said that the Competition Commission of Pakistan (CCP) has no power to take action against the industry for alleged cartelisation which had led to a substantial increase in urea prices. more... (ET)

127.9 percent growth witnessed in collection in September

The Federal Board of Revenue (FBR) has witnessed an extraordinary growth of 127.9 percent in revenue collection during September 2013 as compared to the same period last fiscal, reflecting effective monitoring and enforcement in field formations. more... (BR)

Foreign portfolio investors: SBP lends no support to proposed reduction in CGT

State Bank of Pakistan (SBP) has reportedly refused to support Securities and Exchange Commission of Pakistan (SECP) on proposed reduction in Capital Gains Tax (CGT) on capital market transactions for foreign portfolio investors. more...(BR)

SNGPL seeks Rs25,000 on urgent gas connection

The Sui Northern Gas Pipelines Limited (SNGPL) has sought a permission from Oil and Gas Regulatory Authority (Ogra) to charge Rs25,000 from an applicant who seeks an urgent gas connection. more...(ET)

In limbo: Gwadar oil refinery future uncertain

A multi-billion-dollar oil refinery planned to be built by Iran at Gwadar port is facing an uncertain fate as Pakistan government has refused to grant the same incentive to the refinery that was offered to Pak Arab Refinery Limited (Parco). more...(ET)

Bumpy start: Currency swap deals, forward contracts have flaws

The International Monetary Fund (IMF) has found fault with the State Bank of Pakistan’s policy of using bilateral currency swap agreements and forward contracts to shore up dwindling foreign currency reserves and has asked the central bank to scale back such arrangements. more...(ET)

NAVs and Returns
as of September 18, 2013
Funds Offer Redemption
POGSF
10.2385/-
10.2385/-
YTD Return
5.97%
POAIIF
52.1986/-
51.6766/-
YTD Return
0.72%
POAAAF
55.18/-
53.80/-
YTD Return
5.76%
POIAAF
56.98/-
55.56/-
YTD Return
4.61%
POAF
11.37/-
YTD Return
4.85%

 

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) 108.46
Gold Spot(USD/oz) 1,359.20
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.