BasedLine

Date:28-Oct-2013
KSE-100 Index
 
Previous Index 22,360.85
Current Index 22,445.59
Change % 0.38
YTD (CY13)% 32.77
YTD (FY14)% 6.85
Volume (mn) 92.44
Capitilization (USDbn) 12.75
FIPI (USDmn)(Daily) 6.15
FIPI (USDmn) (YTD) -57.09

 

KSE-100 Index
Previous Index 38,029.56
Current Index 37,941.51
Change % -0.23
YTD (CY13)% 30.27
YTD (FY14)% 3.34
Volume (mn) 26.53
Capitilization (USDbn) 7.00

International Indicators
 
Close
%age
BSE-30 20,683.52 -0.20
HANGSENG 22,698.34 -0.60
NIKKEI 225 14,088.19 -2.75
FTSE 6,721.34 0.12
DJIA 15,570.28 0.39
SSEC 2,132.96 -1.45
NASDAQ 3,943.36 0.37

 
Close
%age
TASI 8,125.40 -0.56
KSE(Kuwait) 7,989.55 0.44
BSE 1,198.21 -0.39
MSM 6,651.19 -0.25
ADX 3,891.14 0.22
DFM 2,923.98 0.48
QSE 9,669.69 0.18

KIBOR
 
%age
3 Months 9.36
6 Months 9.53
12 Months 10.04

T-Bills
%age
3 Months 9.31
6 Months 9.46
12 Months 9.73

Bonds
 
%age
3-Y PIB 11.54
5-Y PIB 12.08
10-Y PIB 12.59
20-Y PIB 13.21
30-Y PIB 13.39
Capital Market Overview

Market watch: Stocks volatile as company results upset investors

The stock market ended slightly above where it started after a volatile session on Thursday through the result season. The Karachi Stock Exchange’s (KSE) benchmark 100-share index rose 0.06% or 13.56 points to end at 22,360.85 point level. more... (ET)

News Clippings

$550m tranche to be made available soon

The Pakistan Muslim League-Nawaz (PML-N) government would not face any difficulty in receiving the second tranche of $550 million under the International Monetary Fund’s (IMF) Extended Fund Facility (EFF), said experts on international monetary activities on Thursday. more... (DT)

Govt to ensure transparency in 3G auction

The government will ensure transparency in the bidding of the upcoming spectrum auction of next generation mobile services in Pakistan, said the Minister of State for IT and Telecom Anusha Rahman Khan. more... (N)

Projected GDP target: one percent downward revision to result in Rs 130 billion tax shortfall

A one percent downward revision in the projected growth target would result in a decline of around Rs 130 billion in the budgeted tax collection, well-informed sources told Business Recorder. more... (BR)

Non-textile exports rise

Export of non-textile products witnessed a growth of 8.399 per cent in the first quarter of this fiscal year from a year ago. The increase in exports from these sectors was mainly driven by surge in export of petroleum products, sports goods, leather products and molasses during the period under review, suggested data compiled by the commerce ministry. more... (D)

Business conference: Germany to host Pakistan-focused moot

A business conferences on Pakistan would be held in Germany on October 30-31 to strengthen trade and economic relations between the two countries. more...(ET)

IMF says not recommending a wealth tax

The International Monetary Fund denied Thursday that it favoured a tax on the wealthy to reduce public deficits, as suggested by a recent IMF report. "We're not recommending a wealth tax, it's an analytical work," IMF spokesman Bill Murray said at a news conference. more... (BR)

Chinese firm seeks arbitration

Chinese firm seeks arbitrationChina International Water and Electric Company (CWE) has refused to carryout dredging and reclamation work for the upcoming Pakistan Deep-Water Container Port (PDWCP) at the previously agreed amount of Rs19 billion. more...(N)

NAVs and Returns
as of October 25, 2013
Funds Offer Redemption
POGSF
10.1586
10.1586
YTD Return
6.08%
POAIIF
52.4506
51.9261
YTD Return
2.02%
POAAAF
53.37/-
52.04/-
YTD Return
2.30%
POIAAF
55.78/-
54.39/-
YTD Return
2.41%
POAF
11.44/-
YTD Return
6.81%

 

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) 97.37
Gold Spot(USD/oz) 1,342.91
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.