BasedLine

Date:19-Nov-2013
KSE-100 Index
 
Previous Index 23,287.06
Current Index 23,611.24
Change % 1.39
YTD (CY13)% 39.67
YTD (FY14)% 12.40
Volume (mn) 135.39
Capitilization (USDbn) 0.24
FIPI (USDmn)(Daily) 3.74
FIPI (USDmn) (YTD) -15.79

 

KSE-100 Index
Previous Index 38,742.49
Current Index 39,515.43
Change % 2.00
YTD (CY13)% 35.67
YTD (FY14)% 7.63
Volume (mn) 50.98
Capitilization (USDbn) 7.26

International Indicators
 
Close
%age
BSE-30 20,850.74 2.21
HANGSENG 23,660.06 2.73
NIKKEI 225 15,164.30 -0.01
FTSE 6,723.46 0.45
DJIA 15,976.02 0.09
SSEC 2,197.22 2.87
NASDAQ 3,949.07 -0.93

 
Close
%age
TASI 8,407.88 0.29
KSE(Kuwait) 7,868.93 -0.56
BSE 1,199.56 0.15
MSM 6,768.82 0.06
ADX 3,831.29 1.11
DFM 2,852.09 1.39
QSE 10,359.41 0.73

KIBOR
 
%age
3 Months 9.77
6 Months 9.90
12 Months 10.32

T-Bills
%age
3 Months 9.39
6 Months 9.70
12 Months 9.91

Bonds
 
%age
3-Y PIB 11.77
5-Y PIB 12.37
10-Y PIB 12.84
20-Y PIB 13.24
30-Y PIB 13.39
Capital Market Overview

Market watch: Stock market trades positive after policy rate hike

Led by the cement industry and the general euphoria over the monetary policy announced last week, the stock market picked up on Monday. The Karachi Stock Exchange’s (KSE) benchmark 100-share index rose 1.39%, translating into an increase of 324.18 points, to end at 23,611.24 points. more... (ET)

News Clippings

Foreign investors inject $284m into Pakistan’s economy

Pakistan saw an improvement in inflow of foreign direct investment (FDI) in the first four months of fiscal year 2013-14 as international investors injected $283.7 million into different sectors, up 12.5% compared to $252.1 million recorded in the corresponding period in the previous year. more... (ET)

ECF instalment: IMF paid $26 million

The country on Tuesday paid $26 million to the International Monetary Fund (IMF) on account of Extended Credit Facility (ECF) installment. This payment is other than the Stand-By Arrangement (SBA) installment paid on November 11, 2013. more... (BR)

Forex reserves dip to $9.0bn

Pakistan’s foreign exchange reserves sharply declined by $432 million to $9.077 billion during the week ended November 8 from $9.509 billion a week ago, the State Bank of Pakistan (SBP) said on Monday. more... (N)

Elusive tax reforms

Even if it is understated, the State Bank of Pakistan’s monetary policy statement for the next two months is a damning indictment of the Nawaz Sharif government’s fiscal policies. more... (D)

Get ECC’s nod before seeking funds, petroleum ministry told

The Ministry of Petroleum and Natural Resources is finding it hard to generate funds from global donors in hiring a consultant for a study on splitting gas utilities that could reduce transmission and distribution losses. more... (ET)

Huge 3G licences fee annoys cellular companies

The government’s plan to sell three licences in 3G auction and generate $1.2 billion from it, almost $330 million from each operator, does not appear to be beneficial for the cellular operators as they have termed it an unrealistic figure. more... (DT)

Bilateral relations: PM Nawaz extols virtues of regional trade

Pakistan Prime Minister Nawaz Sharif said he strongly believed that promotion of bilateral regional trade was an effective way to promote sustainable economic growth. more... (ET)

NAVs and Returns
as of November 18, 2013
Funds Offer Redemption
POGSF
10.1994
10.1994
YTD Return
6.05%
POAIIF
52.6220
52.0958
YTD Return
2.51%
POAAAF
53.83
52.48
YTD Return
3.16%
POIAAF
56.42
55.01
YTD Return
3.58%
POAF
10.73
YTD Return
6.46

 

Funds Rating
AMC
AM3-
POAIIF
AA-(f)
POAF
A+ (f)
POAAAF
2 Star
POIAAF
4 Star
POGSF
AA(f)

  Oct-13 Sep-13
MoM (%)
AUM's (PKR bn) 361.08 359.72 0.36
No of AMCs 23 24 -4.17
No of Funds 190 191 -0.52

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-Oct 13) $284mn
CPI Gen. - YoY
(Oct-13)
9.08%
CPI Gen. - FY14
(Jul-Oct13)
8.03%

Commodities
 
WTI (USD/bbl) 92.92
Gold Spot(USD/oz) 1,273.98
Cement (Rs./Bag) 507.00
Coal Spot(USD/ton) 81.90
Urea Fertilizer (Rs/bag) 1,820.00
DAP (Rs./bag) 2,258.47
KCA Cotton (Rs/mound) 6,550.00

 

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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.