BasedLine

Date:03-Oct-2013
KSE-100 Index
 
Previous Index 21,980.42
Current Index 22,189.67
Change % 0.95
YTD (CY13)% 31.26
YTD (FY14)% 5.64
Volume (mn) 89..78
Capitilization (USDbn) 12.67
FIPI (USDmn)(Daily) 3.24
FIPI (USDmn) (YTD) -91.01

 

KSE-100 Index
Previous Index 37,439.88
Current Index 37,868.77
Change % 1.15
YTD (CY13)% 30.02
YTD (FY14)% 3.15
Volume (mn) 38.95
Capitilization (USDbn) 7.02

International Indicators
 
Close
%age
BSE-30 19,517.15 0.71
HANGSENG 22,984.48 0.55
NIKKEI 225 14,170.49 -2.17
FTSE 6,437.50 -0.35
DJIA 15,133.14 -0.39
SSEC 2,174.67 0.00
NASDAQ 3,815.02 -0.08

 
Close
%age
TASI 8,014.39 0.07
KSE(Kuwait) 7,717.49 -0.11
BSE 1,195.27 0.50
MSM 6,674.76 0.51
ADX 3,861.79 0.64
DFM 2,829.53 2.67
QSE 9,698.36 0.73

KIBOR
 
%age
3 Months 9.45
6 Months 9.52
12 Months 10.01

T-Bills
%age
3 Months 9.27
6 Months 9.44
12 Months 9.73

Bonds
 
%age
3-Y PIB 12.01
5-Y PIB 12.62
10-Y PIB 13.02
20-Y PIB 13.43
30-Y PIB 13.61
Capital Market Overview

Market Watch: Stock market continues to inch upwards as fuel prices rise

The stock market continued to recover for the second day in a row, raising hopes of a sustained push after five days of continuous declines last week. The Karachi Stock Exchange’s (KSE) benchmark 100-share index rose 0.95% or 209.25 points to end at 22,189 points. more... (T)

News Clippings

Performance criteria met for release of next IMF tranche

Pakistan has reportedly met the performance criteria for end-September to qualify for the release of next tranche of disbursement by the International Monetary Fund, it has been reliably learnt. more... (BR)

Critical assessment: ADB slashes economic growth forecast to 3%

The International Monetary Fund (IMF)’s overemphasis on stabilisation rather than increasing growth and job opportunities is likely to take a heavy toll on Pakistan’s economy this year, as the Asian Development Bank has lowered its growth projection to just 3%, reinforcing the views expressed by leading economists. more... (ET)

Increase in power tariff: government given two days to review decision

The Supreme Court on Wednesday accepted Federation's plea and granted it two days to review the recently increased power tariff. more... (BR)

TCP to import 0.5 million tons of urea: ECC asks ministry to ensure gas supply to fertilizer plants

The Economic Co-ordination Committee (ECC) of the Cabinet has decided to import 0.5 million tons of urea for Rabi season from the international market through Trading Corporation of Pakistan (TCP); of which 0.3 million tons to be imported in November while the remaining 0.2 million tons in December 2013. more... (BR)

Regulatory body: ECC panel to revisit automobile policy

The government on Wednesday constituted a panel to revisit the automobile policy aimed at checking skyrocketing prices of locally-assembled vehicles, improving quality standards and putting an end to continuous financial exploitation of buyers by local assemblers. more...(ET)

Patterns reflect why small investors fare worse at KSE

The Karachi Stock Exchange (KSE) has gone from being one of the best performing stock markets of the world in the first seven months of 2013 to the worst performing regional market in September when it registered a month-on-month decline of 4.8% in the Frontier Market Index. more... (ET)

Foreign investors upbeat on Pakistan and its economy, says OICCI president

Foreign investors are optimistic about the economic policies of the Pakistan Mulsim League – Nawaz government, and it would be unfair to judge the incumbent government on the basis of just four months it had spent in office, said Overseas Investors Chamber of Commerce and Industry (OICCI) President Kimihide Ando. more...(ET)

NAVs and Returns
as of October 02, 2013
Funds Offer Redemption
POGSF
10.2607/-
10.2607/-
YTD Return
6.00%
POAIIF
52.2919/-
51.7690/-
YTD Return
1.36%
POAAAF
53.12/-
51.79/-
YTD Return
1.99%
POIAAF
55.54/-
54.15/-
YTD Return
2.13%
POAF
11.38/-
YTD Return
4.67%

 

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
(Sep-13)
7.39%
CPI Gen. - FY14
(Jul-Sep13)
8.06%

Commodities
 
WTI (USD/bbl) 103.63
Gold Spot(USD/oz) 1,312.55
Cement (Rs./Bag) 498.00
Coal Spot(USD/ton) 78.30
Urea Fertilizer (Rs/bag) 1,845.00
DAP (Rs./bag) 2,258.47
KCA Cotton (Rs/mound) 7,250.00

 

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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.