BasedLine

Date:30-Oct-2013
KSE-100 Index
 
Previous Index 22,353.20
Current Index 22,276.65
Change % -0.34
YTD (CY13)% 31.77
YTD (FY14)% 6.05
Volume (mn) 50.54
Capitilization (USDbn) 12.66
FIPI (USDmn)(Daily) 3.80
FIPI (USDmn) (YTD) -44.71

 

KSE-100 Index
Previous Index 37,790.55
Current Index 37,709.49
Change % -0.21
YTD (CY13)% 29.47
YTD (FY14)% 2.71
Volume (mn) 21.23
Capitilization (USDbn) 6.96

International Indicators
 
Close
%age
BSE-30 20,929.01 1.74
HANGSENG 22,846.54 0.18
NIKKEI 225 14,325.98 -0.49
FTSE 6,774.73 0.73
DJIA 15,680.35 0.72
SSEC 2,128.86 -0.23
NASDAQ 3,952.34 0.31

 
Close
%age
TASI 7,972.59 -1.07
KSE(Kuwait) 7,954.97 0.20
BSE 1,199.37 0.08
MSM 6,656.40 0.06
ADX 3,856.69 -0.73
DFM 2,888.40 -0.84
QSE 9,733.19 0.93

KIBOR
 
%age
3 Months 9.49
6 Months 9.57
12 Months 9.98

T-Bills
%age
3 Months 9.29
6 Months 9.45
12 Months 9.68

Bonds
 
%age
3-Y PIB 11.51
5-Y PIB 12.04
10-Y PIB 12.56
20-Y PIB 13.13
30-Y PIB 13.28
Capital Market Overview

Market watch: Stock market treads with caution as IMF talks continue

The stock market continued to slide on the second day of the week despite positive results by several companies, as the market waits for the International Monetary Fund’s (IMF) appraisal of the government’s economic progress. Karachi Stock Exchange’s (KSE) benchmark 100-share index fell 0.34% or 76.55 points to end at 22,276.65 points. more... (ET)

News Clippings


SBP changes bank returns schedule

The State Bank of Pakistan (SBP) has decided to modify the submission of bank returns deadline from “within 30-calender days of close of each quarter” to “22-working days of the close of each quarter”, according to a circular issued on Tuesday. more... (N)

1QFY14: profit repatriation by foreign investors surges by 54 percent

The repatriation of profit and dividend by the foreign investors has registered a healthy growth of 54 percent during the first quarter of the current fiscal year (FY14). more... (BR)

FBR in doldrums: Plan to catch tax evaders falters

The federal government’s campaign to broaden the tax base is fast losing steam despite parliamentary backing for steps to access bank account details of tax evaders. more... (ET)

Islamic nations can make great contributions to the world, says Nawaz

Prime Minister Nawaz Sharif on Tuesday said that with more than 1.5 billion people, over 835 million youth and a combined GDP of $6.6 trillion, the Islamic nations have much to offer the world, both in economic contribution as well as socio-political philosophies. more... (D)

Privatisation must be well thought-out, say experts

The government must implement the privatisation process prudently to avoid greater poverty, inequality and stagnation, experts said on Tuesday. more...(N)

British Prime Minister unveils Islamic bond plan

British Prime Minister David Cameron on Tuesday announced a "world first" Islamic index for the London Stock Exchange, as well as plans for Britain to become the first non-Muslim country to issue Islamic bonds. On the opening day of the World Islamic Economic Forum in London, Cameron said he wanted the British capital "to stand alongside Dubai and Kuala Lumpur as one of the great capitals of Islamic finance anywhere in the world. more... (BR)

Pakistan slides further down the list

Pakistan overall ranking in the World Bank’s Doing Business Report 2014 further slid towards bottom as the country failed to undertake any business regulatory reforms. more...(N)

NAVs and Returns
as of October 29, 2013
Funds Offer Redemption
POGSF
10.1678
10.1678
YTD Return
6.11%
POAIIF
52.4851
51.9602
YTD Return
2.14%
POAAAF
52.86/-
51.54/-
YTD Return
1.32%
POIAAF
55.57/-
54.18/-
YTD Return
2.01%
POAF
11.45/-
YTD Return
6.85%

 

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) 97.68
Gold Spot(USD/oz) 1,344.46
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.