BasedLine

Date:23-Sep-2013
KSE-100 Index
 
Previous Index 23,456.98
Current Index 23,595.61
Change % 0.59
YTD (CY13)% 39.57
YTD (FY14)% 12.33
Volume (mn) 180.51
Capitilization (USDbn) 13.44
FIPI (USDmn)(Daily) -3.27
FIPI (USDmn) (YTD) -79.60

 

KSE-100 Index
Previous Index 39,009.23
Current Index 39,277.60
Change % 0.69
YTD (CY13)% 34.86
YTD (FY14)% 6.98
Volume (mn) 71.55
Capitilization (USDbn) 7.29

International Indicators
 
Close
%age
BSE-30 20,263.71 -1.85
HANGSENG 23,502.51 0.00
NIKKEI 225 14,742.42 -0.16
FTSE 6,596.40 -0.44
DJIA 15,451.09 -1.19
SSEC 2,191.85 0.47
NASDAQ 3,774.73 -0.39

 
Close
%age
TASI 8,024.71 0.33
KSE(Kuwait) 7,845.88 -0.03
BSE 1,195.07 -0.34
MSM 6,581.46 -0.33
ADX 3,809.03 -0.08
DFM 2,681.47 0.57
QSE 9,785.90 -0.86

KIBOR
 
%age
3 Months 9.36
6 Months 9.46
12 Months 9.98

T-Bills
%age
3 Months 9.23
6 Months 9.37
12 Months 9.56

Bonds
 
%age
3-Y PIB 11.38
5-Y PIB 11.92
10-Y PIB 12.44
20-Y PIB 12.88
30-Y PIB 13.00
Capital Market Overview

Weekly Review: As the shock of monetary policy sinks in, bulls resume control at Karachi Stock Exchange

The banking sector’s strong performance, coupled with strong foreign inflows, led to a 1.8% gain over the previous week, closing at 23,595.61 points. In terms of activity, however, the week was lacklustre where the average daily turnover rose to 244 million shares, up a mere 2%, while value of shares traded clocked in at $78.1 million, 9% lower than the previous week. more... (ET)

News Clippings

Interest-free loans, fee payment, laptops: Prime Minister unveils Rs 18 billion schemes

Prime Minister Nawaz Sharif on Saturday announced six schemes worth Rs 18 billion for the people. The schemes envisage provision of interest-free micro loans, small business loans and technical training. The Prime Minister in his televised address to the nation also solicited suggestions from people from Monday onwards to make the schemes transparent and successful. more... (BR)

Taking hard decisions: Thatta Cement solidifies position with smart moves

Stagnant demand and huge idle capacity utilisation in the cement sector has failed to discourage smaller cement companies like Thatta Cement, which is going to replace its decades-old plant. The plant was commissioned in 1982. more... (ET)

Pakistani financial portal to be acquired by UAE-based group

Investor Guide 360, a website offering research reports on the corporate sector, has attracted investment from the Aref Mohammed alZarouni Group of the United Arab Emirates (UAE). more... (ET)

At least 30% increase expected in electricity tariff for residential consumers

Electricity tariff is expected to increase by 30% from October 1 for residential consumers. This will be implemented on those people who consume 200 units or more of electricity. The increase in electricity tariff is one of the requirements of the loan deal by the IMF. more...(ET)

Minimum capital requirement: State Bank to tighten the noose around banks

Following the $6.6 billion loan approval by the International Monetary Fund (IMF), the State Bank of Pakistan (SBP) is expected to come up with a plan by December 2013 to ensure that banks comply with the minimum capital adequacy ratio (CAR) requirement. more...(ET)

Govt committed to deal with energy, economy, extremism: Dar

Minister for Finance, Economic Affairs and Privatisation, Ishaq Dar has said that country's leadership was fully committed to deal with all three Es (Energy, Economy and Extremism) inherited to the present government. more...(D)

Russian proposal on 5kMW under consideration

National Assembly on Friday was informed that Russian proposal regarding purchase of 5000 MW electricity while in Balochistan 76 percent work has been completed on Katchi Canal. more...(FD)

NAVs and Returns
as of September 20, 2013
Funds Offer Redemption
POGSF
10.2455/-
10.2455/-
YTD Return
6.13%
POAIIF
52.2132/-
51.6911/-
YTD Return
0.83%
POAAAF
56.29/-
54.88/-
YTD Return
7.88%
POIAAF
57.78/-
56.34/-
YTD Return
6.08%
POAF
11.38/-
YTD Return
4.94%

 

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
(September 12, 2013)
$10.37bn
Trade Deficit
(Jul-Aug 13)
$(3.29)bn
Curr. A/C
(Jul-Aug 13)
$(632)mn
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) 104.73
Gold Spot(USD/oz) 1,319.85
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.