BasedLine

Date:24-Oct-2013
KSE-100 Index
 
Previous Index 21,754.95
Current Index 22,347.29
Change % 0.53
YTD (CY13)% 32.19
YTD (FY14)% 6.39
Volume (mn) 120.69
Capitilization (USDbn) 12.70
FIPI (USDmn)(Daily) 9.56
FIPI (USDmn) (YTD) -65.51

 

KSE-100 Index
Previous Index 37,038.85
Current Index 38,143.61
Change % 0.92
YTD (CY13)% 30.96
YTD (FY14)% 3.89
Volume (mn) 62.57
Capitilization (USDbn) 7.04

International Indicators
 
Close
%age
BSE-30 20,767.88 -0.47
HANGSENG 22,999.95 -1.36
NIKKEI 225 14,426.05 -1.95
FTSE 6,674.48 -0.32
DJIA 15,413.33 -0.35
SSEC 2,183.11 -1.25
NASDAQ 3,907.07 -0.57

 
Close
%age
TASI 8,150.27 0.09
KSE(Kuwait) 7,906.46 0.44
BSE 1,200.64 0.35
MSM 6,648.98 0.10
ADX 3,873.32 0.32
DFM 2,901.74 -0.76
QSE 9,693.93 -0.31

KIBOR
 
%age
3 Months 9.53
6 Months 9.58
12 Months 10.07

T-Bills
%age
3 Months 9.40
6 Months 9.48
12 Months 9.84

Bonds
 
%age
3-Y PIB 11.91
5-Y PIB 12.52
10-Y PIB 12.90
20-Y PIB 13.45
30-Y PIB 13.67
Capital Market Overview

Market watch: Karachi bourse rises as interest in oil stocks grows

The stock market brushed aside news about the government missing foreign currency reserves target, set by the International Monetary Fund as a precondition to the new loan programme, and rose around 117 points on Wednesday thanks to positive opening of oil stocks. The benchmark Karachi Stock Exchange (KSE) 100-share index closed at 22,347.29 points, up 0.53%, with trading volumes at 148.65 million shares compared to 167.24 million shares a day earlier. more... (ET)

News Clippings

Current account deficit at $1.2 billion in first quarter

Pakistan has witnessed a current account deficit of $1.234 billion in the first quarter of the current fiscal year despite record inflows of foreign remittances and the slight decrease in the trade gap, statistics issued by the State Bank of Pakistan suggested on Wednesday. more... (N)

$1.6 billion aid part of annual funding process: US embassy

The United States has expressed satisfaction over the positive development in bilateral relationship with Pakistan that led to the decision to release $ 1.6 billion civilian assistance and disbursement of $ 322 million under Coalition Support Fund (CSF) ahead of Prime Minister Nawaz Sharif's visit to Washington. more... (BR)

IP project under existing GSPA termed unviable

The Iran-Pakistan (IP) gas line project under the existing gas sale and purchase agreement (GSPA) would not serve Pakistan, rather electricity generation on the said gas would incur additional cost to the country, stated the Sustainable Development Policy Institute (SDPI). more... (N)

Trade, investment and energy sectors: Pakistan, US to launch initiatives to bolster prospects

The United States and Pakistan will be engaged in a range of initiatives in the coming months to help bolster co-operation in trade, investment and energy sectors. more... (BR)

Pakistan received $25bn in US aid

Pakistan has only been remunerated for one-fourth of the losses its economy has borne since becoming an ally of the US in the war against terrorism in 2002, a PML-N official told The News on Wednesday. more...(N)

China offers assistance in mining and agriculture

The provincial government of Sichuan has offered the Sindh government cooperation in exploiting mineral resources, development of agriculture and water management. more... (ET)

Growth rate can be improved through prudent policies: experts

Pakistanis suffer due to scarce resources, compounded by unwarranted wastages in the power distribution and transmission, gas losses due to inefficient appliances, water losses that could be reduced through conservation and post-harvest losses in agriculture, experts said. more...(N)

NAVs and Returns
as of October 23, 2013
Funds Offer Redemption
POGSF
B.C
B.C
YTD Return
n/a
POAIIF
B.C
B.C
YTD Return
n/a
POAAAF
53.46/-
52.12/-
YTD Return
2.46%
POIAAF
55.82/-
54.42/-
YTD Return
2.47%
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-Sep 13)
$(1.2)bn
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) 97.50
Gold Spot(USD/oz) 1,335.40
Cement (Rs./Bag) 501.00
Coal Spot(USD/ton) 78.65
Urea Fertilizer (Rs/bag) 1,814.00
DAP (Rs./bag) 2,258.47
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.