BasedLine

Date:29-Oct-2013
KSE-100 Index
 
Previous Index 22,445.59
Current Index 22,353.20
Change % -0.41
YTD (CY13)% 32.23
YTD (FY14)% 6.41
Volume (mn) 62.76
Capitilization (USDbn) 12.70
FIPI (USDmn)(Daily) 4.60
FIPI (USDmn) (YTD) -52.50

 

KSE-100 Index
Previous Index 37,941.51
Current Index 37,790.55
Change % -0.40
YTD (CY13)% 29.75
YTD (FY14)% 2.93
Volume (mn) 26.75
Capitilization (USDbn) 6.97

International Indicators
 
Close
%age
BSE-30 20,570.28 -0.55
HANGSENG 22,806.58 0.48
NIKKEI 225 14,396.04 2.19
FTSE 6,725.82 0.07
DJIA 15,568.93 -0.01
SSEC 2,133.87 0.04
NASDAQ 3,940.13 -0.08

 
Close
%age
TASI 8,059.21 -0.81
KSE(Kuwait) 7,938.80 0.64
BSE 1,198.36 0.01
MSM 6,652.72 0.02
ADX 3,884.94 -0.16
DFM 2,912.83 -0.38
QSE 9,643.50 -0.27

KIBOR
 
%age
3 Months 9.46
6 Months 9.55
12 Months 10.02

T-Bills
%age
3 Months 9.30
6 Months 9.46
12 Months 9.71

Bonds
 
%age
3-Y PIB 11.47
5-Y PIB 12.02
10-Y PIB 12.54
20-Y PIB 13.12
30-Y PIB 13.28
Capital Market Overview

Market watch: Index cautious at start of new week ahead of IMF review

The stock market fell slightly at the start of the new week, shedding off the excitement of the previous week. Investors continued to cherry-pick based on financial results announced as the previous widespread euphoria subsided. The Karachi Stock Exchange’s (KSE) benchmark 100-share index fell 0.41% or 32.39 points to end at 22,353.20 points. more... (ET)

News Clippings

SECP’s revised inquiry confirms regulatory capture by stock market tycoons

A revised inquiry report approved by the policy board of the Securities and Exchange Commission of Pakistan (SECP) has confirmed the regulatory capture of the commission by some powerful stock brokers who minted billions by insider trading, The News has learnt. more... (N)

Q1 foreign assistance stands at $587.96 million

Pakistan received $587.96 million in the first quarter of current fiscal year (July-September), including grants of $87.1 million and loans of $500.86 million from bilateral and multilateral donors, it is learnt. The amount does not include the $540 million disbursed by the International Monetary Fund under the $6.64 billion Enhanced Fund Facility which is dealt directly by the Ministry of Finance and not by the Economic Affaires Division (EAD). more... (BR)

IMF team visits Pakistan to review economic reforms

Prime Minister Nawaz Sharif will face the first formal test of his economic policies this week during a visit by the International Monetary Fund. A team led by the IMF’s regional adviser, Jeffrey Franks, is visiting this week to see if Pakistan is trying to meet conditions intended to promote reforms. more... (D)

Pakistan likely to raise $1bn through Eurobonds

Pakistan is likely to raise one billion dollars through the launch of sovereign Eurobonds in the international market against the target of $500 million fixed by the government in the budget 2013-14, said analysts. more... (N)

Expansion: General Tyre to set up plant in north

Chairman General Tyre, Gen (Retd) Ali Kuli Khan Khattak, has said that company plans to set up a manufacturing plant in northern Pakistan. General Tyre and Rubber Company alone contributed around Rs16.5 billion to the national exchequer in three decades and emerged as the leading and most trusted tyre brand of the country. more...(ET)

Misdeclaration causing huge revenue losses

Customs authorities have detected misdeclaration on a large number of power generators, which is causing huge monetary loss to the national kitty, official sources said on Monday. more... (N)

Rs245 bln approved for seven development projects

The Central Development Working Party (CDWP) here on Monday approved seven development projects worth Rs245 billion, DawnNews reported. more...(D)

NAVs and Returns
as of October 28, 2013
Funds Offer Redemption
POGSF
10.1656
10.1656
YTD Return
6.09%
POAIIF
52.4781
51.9533
YTD Return
2.11%
POAAAF
53.09/-
51.76/-
YTD Return
1.75%
POIAAF
55.61/-
54.22/-
YTD Return
2.09%
POAF
11.45/-
YTD Return
6.84%

 

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) 98.42
Gold Spot(USD/oz) 1,356.29
Cement (Rs./Bag) 501.00
Coal Spot(USD/ton) 79.35
Urea Fertilizer (Rs/bag) 1,814.00
DAP (Rs./bag) 2,258.47
KCA Cotton (Rs/mound) 6,750.00

 

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.