BasedLine

Date:23-Oct-2013
KSE-100 Index
 
Previous Index 21,754.95
Current Index 22,230.43
Change % 2.19
YTD (CY13)% 31.50
YTD (FY14)% 5.83
Volume (mn) 135.03
Capitilization (USDbn) 12.64
FIPI (USDmn)(Daily) 5.73
FIPI (USDmn) (YTD) -71.08

 

KSE-100 Index
Previous Index 37,038.85
Current Index 37,797.01
Change % 2.05
YTD (CY13)% 29.77
YTD (FY14)% 2.95
Volume (mn) 59.90
Capitilization (USDbn) 6.98

International Indicators
 
Close
%age
BSE-30 20,864.97 -0.14
HANGSENG 23,315.99 -0.52
NIKKEI 225 14,713.25 0.13
FTSE 6,695.66 0.62
DJIA 15,467.66 0.49
SSEC 2,210.65 -0.83
NASDAQ 3,929.57 0.24

 
Close
%age
TASI 8,142.66 -0.01
KSE(Kuwait) 7,871.59 -0.02
BSE 1,196.47 -0.13
MSM 6,642.56 -0.21
ADX 3,861.10 -0.30
DFM 2,923.89 0.51
QSE 9,723.64 -0.08

KIBOR
 
%age
3 Months 9.52
6 Months 9.58
12 Months 10.04

T-Bills
%age
3 Months 9.41
6 Months 9.48
12 Months 9.84

Bonds
 
%age
3-Y PIB 11.90
5-Y PIB 12.49
10-Y PIB 12.90
20-Y PIB 13.45
30-Y PIB 13.67
Capital Market Overview

Market watch: Stock market rallies on positive news from PM’s US visit

The stock market rallied for the second day on Tuesday following long holidays on optimism after positive news from ongoing visit of Prime Minister Nawaz Sharif to the United States. The benchmark KSE 100-share index rose 475 points to 22,230 points while volume was 167 million shares. more... (ET)

News Clippings

IMF team arriving: Pakistan lags far behind in foreign reserves target

As an International Monetary Fund (IMF) mission is arriving in Islamabad next week to assess the country’s performance against agreed targets before releasing the second loan tranché of $550 million, Pakistan has missed the target by about $800 million on the indicator of building foreign currency reserves. more... (ET)

Cement prices likely to rise

A hike in cement prices in the country is likely due to an increase in the power tariff, diesel prices and the depreciation of the rupee. more... (N)

UN reviews Italian investment in Pakistan

The United Nations body has reviewed the Italian investment programme in Pakistan. The steering committee of the United Nations Industrial Development Organization (Unido) reviewed the ‘joint Unido-Smeda-Italia program’ to establish an investment promotion unit (IPU) in Lahore with an emphasis on Italian investment in Pakistan. more... (N)

ADB approves loan for safety net programme

The Asian Development Bank (ADB) has approved a $430 million loan for the expansion and strengthening of Pakistan’s national social-safety net programme, which is helping to lift millions of families out of poverty. more... (N)

Nepra to determine new power rates: Tariff hike decision scrapped

Succumbing to the countrywide protests against the multi-fold increase in electricity tariff, the government has decided to make what is being described as a strategic retreat. more...(D)

Textile exports up, petroleum imports down

Textile exports grew 10 percent during July-September 2013 over the same period last year, while petroleum imports went down by less than a percent, reported the Pakistan Bureau of Statistics Tuesday. more... (N)

Ministry working on new auto industry policy

Ministry of Industries and Production (MoI&P) has reportedly started work on new auto industry policy in the light of Economic Co-ordination Committee''s (ECC) guidelines, committee has been constituted to finalise the auto industry policy draft within 45 days staring from October 2, 2103. more...(BR)

NAVs and Returns
as of October 22, 2013
Funds Offer Redemption
POGSF
B.C
B.C
YTD Return
n/a
POAIIF
B.C
B.C
YTD Return
n/a
POAAAF
53.54/-
52.20/-
YTD Return
2.61%
POIAAF
55.71/-
54.32/-
YTD Return
2.28%
POAF
11.43/-
YTD Return
6.80%

 

Funds Rating
AMC
AM3-
POAIIF
AA-(f)
POAF
A+ (f)
POAAAF
2 Star
POIAAF
4 Star
POGSF
AA(f)

  Sep-13 Aug-13
MoM (%)
AUM's (PKR bn) 359.72 368.34 -2.34
No of AMCs 24 24 0.00
No of Funds 191 191 0.00

Economic Highlights
 
GDP Growth FY13 3.60%
Per Capita Income $1,380
Reserves
(September 27, 2013)
$9.92bn
Trade Deficit
(Jul-Sep 13)
$(4.50)bn
Curr. A/C
(Jul-Aug 13)
$(632)mn
Remittances
(Jul-Sep 13)
$3.90bn
Foreign Investment (Jul-Sep13) $230mn
CPI Gen. - YoY
(Sep-13)
7.39%
CPI Gen. - FY14
(Jul-Sep13)
8.06%

Commodities
 
WTI (USD/bbl) 97.81
Gold Spot(USD/oz) 1,339.50
Cement (Rs./Bag) 501.00
Coal Spot(USD/ton) 79.10
Urea Fertilizer (Rs/bag) 1,814.00
DAP (Rs./bag) 2,258.47
KCA Cotton (Rs/mound) 6,900.00

 

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.