BasedLine

Date:06-Dec-2013
KSE-100 Index
 
Previous Index 24,445.38
Current Index 24,800.69
Change % 1.45
YTD (CY13)% 46.70
YTD (FY14)% 18.07
Volume (mn) 140.98
Capitilization (USDbn) 14.02
FIPI (USDmn)(Daily) 10.77
FIPI (USDmn) (YTD) -7.76

 

KSE-100 Index
Previous Index 41,005.07
Current Index 41,624.84
Change % 1.51
YTD (CY13)% 42.92
YTD (FY14)% 13.38
Volume (mn) 59.51
Capitilization (USDbn) 7.65

International Indicators
 
Close
%age
BSE-30 20,957.81 1.20
HANGSENG 23,712.57 -0.07
NIKKEI 225 15,177.49 -1.50
FTSE 6,498.33 -0.18
DJIA 15,821.50 -0.43
SSEC 2,233.30 0.70
NASDAQ 4,033.17 -0.12

 
Close
%age
TASI 8,243.74 0.15
KSE(Kuwait) 7,764.86 0.36
BSE 1,197.52 0.06
MSM 6,769.01 -0.18
ADX 3,939.64 0.23
DFM 2,013.34 0.90
QSE 10,389.10 0.51

KIBOR
 
%age
3 Months 10.04
6 Months 10.12
12 Months 10.44

T-Bills
%age
3 Months 9.84
6 Months 9.99
12 Months 10.10

Bonds
 
%age
3-Y PIB 12.15
5-Y PIB 12.64
10-Y PIB 13.06
20-Y PIB 13.38
30-Y PIB 13.51
Capital Market Overview

Market watch: Stocks bounce back with a vengeance

The day started on a cautious note with most activity happening in the second and third tier stocks, pushing the market to a record high of 24,800 points. The Karachi Stock Exchange's (KSE) benchmark 100-share index rose 1.45% translating into 355.31 points to end at 24,800.69. more... (ET)

News Clippings

SBP's forex reserves down to $3 billion

Foreign exchange reserves of the State Bank of Pakistan (SBP) went down to $3 billion, their lowest level since 2001, data released by the central bank revealed on Thursday. more... (N)

Dwindling foreign reserves: Pakistan urges US to fast track release of CSF dues

With its foreign currency reserves hitting the dangerously low level of $3 billion, Pakistan has requested the United States to expedite the process of releasing about $900 million on account of services that Islamabad has rendered in global fight against terrorism. more... (ET)

Making peace: India pins hopes on trade and economy

Trade between India and Pakistan via Attari-Wahga border is gradually growing despite several political, regional and trade hurdles. more... (ET)

Ahsan Iqbal calls for more Japanese investment in Pakistan

Pakistan offers a huge return of investment to foreign investors in the fields of infrastructure and power, federal Minister for Planning and Infrastructure Ahsan Iqbal told the infrastructure conference held in Tokyo on Thursday. more... (N)

Govt considering five-year tax exemption

The government may allow exemption from income tax for around five years on dollar / foreign currency-based investment by expatriate Pakistanis for setting up new industry, sources in the Federal Board of Revenue (FBR) said on Thursday. more... (N)

Despite rising interest rate, most banks continue to prosper

Casting aside all doubts about shrinking interest margins resulting in decreased profitability, Pakistan's banking sector seems all set to benefit from a rising net interest income, declining non-performing loans and sound capital adequacy ratios. more... (ET)

Dar seeks US, ADB support to build reserves

The government is seeking expedited disbursement of funds from the United States and Asian Development Bank (ADB) to rein in fast depleting foreign exchange reserves and currency devaluation. more... (ET)

NAVs and Returns
as of December 05, 2013
Funds Offer Redemption
POGSF
10.2264/-
10.2264/-
YTD Return
6.02%
POAIIF
52.7170/-
52.1898/-
YTD Return
2.66%
POAAAF
55.04/-
53.66/-
YTD Return
5.48%
POIAAF
57.30/-
55.87/-
YTD Return
5.20%
POAF
10.78/-
YTD Return
6.80%

 

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
(November 29, 2013)
$8.24bn
Trade Deficit
(Jul-Oct 13)
$(5.88)bn
Curr. A/C
(Jul-Oct 13)
$(1.37)bn
Remittances
(Jul-Oct 13)
$5.28bn
Foreign Investment (Jul-Oct 13) $284mn
CPI Gen. - YoY
(Nov-13)
10.90%
CPI Gen. - FY14
(Jul-Nov 13)
8.84%

Commodities
 
WTI (USD/bbl) 97.31
Gold Spot(USD/oz) 1,226.83
Cement (Rs./Bag) 511.00
Coal Spot(USD/ton) 82.80
Urea Fertilizer (Rs/bag) 1,836.00
DAP (Rs./bag) 2,258.47
KCA Cotton (Rs/mound) 6,400.00

 

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