BasedLine

Date:01-Oct-2013
KSE-100 Index
 
Previous Index 22,387.31
Current Index 21,832.68
Change % -2.48
YTD (CY13)% 29.15
YTD (FY14)% 3.94
Volume (mn) 150.31
Capitilization (USDbn) 12.42
FIPI (USDmn)(Daily) -0.26
FIPI (USDmn) (YTD) -94.25

 

KSE-100 Index
Previous Index 37,549.73
Current Index 36,825.25
Change % -1.93
YTD (CY13)% 26.44
YTD (FY14)% 0.30
Volume (mn) 42.67
Capitilization (USDbn) 6.83

International Indicators
 
Close
%age
BSE-30 19,379.77 -1.76
HANGSENG 22,859.86 -1.50
NIKKEI 225 14,455.80 -2.06
FTSE 6,462.22 -0.77
DJIA 15,129.67 -0.84
SSEC 2,174.67 0.68
NASDAQ 3,771.48 -0.27

 
Close
%age
TASI 7,964.91 0.19
KSE(Kuwait) 7,766.98 -0.53
BSE 1,193.93 -0.08
MSM 6,646.85 -0.45
ADX 3,842.98 0.14
DFM 2,762.50 -0.29
QSE 9,608.32 -0.19

KIBOR
 
%age
3 Months 9.41
6 Months 9.48
12 Months 10.00

T-Bills
%age
3 Months 9.31
6 Months 9.43
12 Months 9.71

Bonds
 
%age
3-Y PIB 12.01
5-Y PIB 12.50
10-Y PIB 12.96
20-Y PIB 13.28
30-Y PIB 13.43
Capital Market Overview

Market Watch: Stock market still shaky after minimum deposit rate hike

The stock market continued reacting to the increase in the minimum deposit rate, as the banking sector plunged. The Karachi Stock Exchange’s (KSE) benchmark 100-share index fell 2.48% or 554.63 points to end at 21,832 points. more... (ET)

News Clippings

Consumers using 201-300 units: power tariff hiked across country

Federal government has increased power tariff by Rs 5.89 per Kwh or 72.6 percent (from Rs 8.11 to Rs 14 per unit) for consumers using 201-300 units per month across the country including Karachi Electric Supply Company (KESC) from October 1 (today). The total impact of increase in tariff for domestic consumers has been calculated about Rs 75 billion per annum. more... (BR)

First quarter tax collection up 17 percent

The Federal Board of Revenue witnessed 17 percent growth in revenue collection during first quarter July-September of (2013-14) as compared with previous fiscal year. Sources told Business Recorder here on Monday that the FBR has provisionally collected Rs 480 billion in July-September 2013-14 against estimated target of over Rs 500 billion, reflecting a shortfall of Rs 20 billion. more... (BR)

Exporters gain from rupee depreciation

The rupee’s depreciation has more than compensated for the hike in power bills, say exporters. However, domestic consumers still face the brunt of inflated prices. more... (N)

Foreign firms repatriated 10.5pc more

Profits and dividends earned by foreign companies on making investment in Pakistan reported a modest increase of 10.5 percent during the first two months of the current fiscal year, amid improved macroeconomic fundamentals, according to the latest statistics issued by the State Bank of Pakistan. more... (N)

Hubco plans conversion of power plant to coal

Pakistan’s largest independent power producer Hub Power Company (Hubco) is planning to convert its residual furnace oil (RFO) power plant to coal, said the company’s top official. more...(ET)

Commitment to IMF fulfilled

The unprecedented hike in power tariff will spell disaster for people on three counts: a direct increase of 30 per cent, a similar rise in taxes on bills and withdrawal of slabs for those using less electricity. more...(D)

Petrol price reaches Rs113.25 per litre

The prices of petroleum products were an increase on Monday evening, with petrol witnessing an increase of Rs4.12 to reach the selling price of Rs113.25 per litre, DawnNews reported. more...(D)

NAVs and Returns
as of September 30, 2013
Funds Offer Redemption
POGSF
10.2587/-
10.2587/-
YTD Return
5.98%
POAIIF
52.2846/-
51.7618/-
YTD Return
1.28%
POAAAF
53.47/-
52.13/-
YTD Return
2.48%
POIAAF
55.70/-
54.31/-
YTD Return
2.26%
POAF
11.38/-
YTD Return
4.39%

 

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 20, 2013)
$10.21bn
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) 102.10
Gold Spot(USD/oz) 1,329.48
Cement (Rs./Bag) 498.00
Coal Spot(USD/ton) 78.25
Urea Fertilizer (Rs/bag) 1,849.00
DAP (Rs./bag) 2,258.47
KCA Cotton (Rs/mound) 7,000.00

 

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.