BasedLine

Date:18-Nov-2013
KSE-100 Index
 
Previous Index 23,302.46
Current Index 23,287.06
Change % -0.07
YTD (CY13)% 37.75
YTD (FY14)% 10.86
Volume (mn) 91.59
Capitilization (USDbn) 0.24
FIPI (USDmn)(Daily) 1.45
FIPI (USDmn) (YTD) -19.55

 

KSE-100 Index
Previous Index 39,087.45
Current Index 38,742.49
Change % -0.88
YTD (CY13)% 33.02
YTD (FY14)% 5.53
Volume (mn) 30.83
Capitilization (USDbn) 7.12

International Indicators
 
Close
%age
BSE-30 20,399.42 1.00
HANGSENG 23,032.15 1.69
NIKKEI 225 15,165.92 1.92
FTSE 6,693.44 0.41
DJIA 15,961.70 0.54
SSEC 2,109.68 0.44
NASDAQ 3,985.97 0.33

 
Close
%age
TASI 8,383.77 0.80
KSE(Kuwait) 7,913.09 0.12
BSE 1,197.81 -0.52
MSM 6,764.45 0.03
ADX 3,789.39 -0.14
DFM 2,813.08 -0.42
QSE 10,284.80 0.71

KIBOR
 
%age
3 Months 9.61
6 Months 9.70
12 Months 10.12

T-Bills
%age
3 Months 9.44
6 Months 9.68
12 Months 9.92

Bonds
 
%age
3-Y PIB 11.91
5-Y PIB 12.53
10-Y PIB 12.98
20-Y PIB 13.37
30-Y PIB 13.51
Capital Market Overview

KSE loses 80 points during shortened week

The stock market’s impressive rally came to an end this week as investors chose to book profits ahead of the Ashura holidays. The benchmark KSE-100 index fell marginally by 80 points (0.3%) during the shortened trading week which ended on November 13. more... (ET)

News Clippings

Financial sector: Discount rate hike to augur well for banks, say analysts

With a cumulative hike of 100 basis points in the monetary policy rate in the last two months, the banking sector is finally looking forward to better spreads and improved earnings in the future. more... (ET)

Remittance charges: SBP asked to release Rs5bn to private banks

Federal Finance Minister Senator Ishaq Dar on Sunday presided over a high-level meeting at the State Bank of Pakistan (SBP) here to review the progress on measures taken to increase the size of remittances. more... (BR)

IP pipeline a cheaper energy source

Pakistan is one of the few states where mega projects for economic development are mostly delayed or become the victim of controversy sparked by domestic or international players. There are rare examples where work on any project of national interest goes ahead without confrontation within and outside the country. more... (ET)

Stepping up: Finance minister warns against speculative drives

Federal Finance Minister Ishaq Dar, on Saturday, warned speculators to refrain from their vile practice in the forex market or be ready to face action for causing huge financial losses to economy. more... (ET)

FBR relaxes wealth statement rule

In the wake of poor response in filing of tax returns in tax year 2013, the government has exempted the filing of wealth statement and wealth reconciliation statement for taxpayers having less than Rs1 million of income or value of assets. more... (D)

Export of services dips 49pc

Services trade plunged into a deficit of $740.38m in the first quarter (July-September) of this fiscal year, compared with a surplus of $148.75m in the same quarter last fiscal year. more... (D)

Regional energy trade to bridge demand-supply gap

In the past two decades, there has been a remarkable increase in the demand for energy in South Asia, leading to a huge deficit in power supply. A majority of the population in South Asian countries, particularly in Pakistan, Afghanistan and India, is living without an easy access to electricity. more... (ET)

NAVs and Returns
as of November 13, 2013
Funds Offer Redemption
POGSF
10.1910
10.1910
YTD Return
6.05%
POAIIF
52.5920
52.0661
YTD Return
2.45%
POAAAF
53.22
51.89
YTD Return
2.01%
POIAAF
55.84
54.44
YTD Return
2.50%
POAF
B.C
YTD Return
N/A

 

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
(October 25, 2013)
$9.51bn
Trade Deficit
(Jul-Sep 13)
$(4.50)bn
Curr. A/C
(Jul-Sep 13)
$(1.2)bn
Remittances
(Jul-Oct 13)
$5.28bn
Foreign Investment (Jul-Sep13) $230mn
CPI Gen. - YoY
(Oct-13)
9.08%
CPI Gen. - FY14
(Jul-Oct13)
8.03%

Commodities
 
WTI (USD/bbl) 93.60
Gold Spot(USD/oz) 1,279.80
Cement (Rs./Bag) 504.00
Coal Spot(USD/ton) 80.55
Urea Fertilizer (Rs/bag) 1,817.00
DAP (Rs./bag) 2,258.47
KCA Cotton (Rs/mound) 6,350.00

 

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(BR) Business Recorder, (D) Dawn, (ET) Tribune, (N) The News, (DT) Daily Times, (FD) The Financial Daily, (TN) The Nation, The Frontier Post (FP), (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.