BasedLine

Date:17-Dec-2013
KSE-100 Index
 
Previous Index 25,256.69
Current Index 25,298.32
Change % 0.16
YTD (CY13)% 49.65
YTD (FY14)% 20.44
Volume (mn) 189.11
Capitilization (USDbn) 14.56
FIPI (USDmn)(Daily) 1.59
FIPI (USDmn) (YTD) -4.11

 

KSE-100 Index
Previous Index 42,303.03
Current Index 42,505.60
Change % 0.48
YTD (CY13)% 45.94
YTD (FY14)% 15.78
Volume (mn) 92.86
Capitilization (USDbn) 7.87

International Indicators
 
Close
%age
BSE-30 20,659.52 -0.27
HANGSENG 23,114.66 -0.56
NIKKEI 225 15,152.91 -1.62
FTSE 6,439.96 -0.08
DJIA 15,884.57 0.82
SSEC 2,148.06 -0.77
NASDAQ 4,029.52 0.71

 
Close
%age
TASI 8,385.08 -0.31
KSE(Kuwait) 7,656.16 0.20
BSE 1,206.93 0.02
MSM 6,755.81 0.06
ADX 4,058.58 0.06
DFM 3,122.65 -2.79
QSE 10,503.39 -0.41

KIBOR
 
%age
3 Months 10.09
6 Months 10.15
12 Months 10.46

T-Bills
%age
3 Months 9.91
6 Months 10.00
12 Months 10.07

Bonds
 
%age
3-Y PIB 12.04
5-Y PIB 12.52
10-Y PIB 12.95
20-Y PIB 13.36
30-Y PIB 13.50
Capital Market Overview

Market watch: Index settles just below 25,300 after volatile day

The stock market closed positive despite losing ground from intraday highs as local institutions booked profits. The Karachi Stock Exchange’s (KSE) benchmark 100-share index rose 0.17 % or 42.57 points to end at 25,299.27. more... (ET)

News Clippings

Foreign exchange reserves to rise: Anwar

State Bank of Pakistan Governor Yaseen Anwar has said that the foreign exchange reserves will increase in view of the possibility of approval of $545 million tranche from the International Monetary Fund (IMF) this week. more... (N)

Govt borrowing declines by Rs316 billion

The federal government has borrowed Rs316 billion, or 36 percent, less from the State Bank of Pakistan (SBP) in a week, aims at meeting the ceiling on borrowing from the SBP, as a benchmark under the International Monetary Fund's (IMF) extended fund facility for the end December 2013. more... (N)

Gas pipeline: Iranian firm offers to finance Pakistan’s side

An Iranian firm has expressed interest in completely financing and constructing Pakistan’s segment of a gas pipeline that will come from Iran, an offer that comes after cancellation of a $500 million loan by Tehran earlier. more... (ET)

World Bank interested in providing $192m, say officials

Officials of the Planning and Development Department said the World Bank is interested in providing financial aid of up to $192 million to improve the earthen watercourses during a meeting held at the Chief Minister House on Monday, adding that negotiations were underway. more... (ET)

Bilateral relations: ‘Australian expertise could help Pakistan’s economy’

The Australian government and the private sector value its relations with Pakistan and are keen to further strengthen economic relations, said Member Australian Legislative Council (Senate) Shaoquette Mosalmane. more... (ET)

Prime Minister tells ministry to provide extra gas to industry

Prime Minister Nawaz Sharif has reportedly directed the ministry of petroleum to provide two days additional gas per week to the industry to help it achieve optimal production. more... (BR)

Improvement needed: A reality check on the GSP Plus status

Amid all the hype surrounding Pakistan being granted the Generalized System of Preference (GSP) Plus status, a government functionary was quick to provide a reality check. more... (ET)

NAVs and Returns
as of December 16, 2013
Funds Offer Redemption
POGSF
10.2473/-
10.2473/-
YTD Return
6.07%
POAIIF
52.8054/-
52.2773/-
YTD Return
2.86%
POAAAF
56.26/-
54.85/-
YTD Return
7.82%
POIAAF
58.23/-
56.77/-
YTD Return
6.89%
POAF
10.77/-
YTD Return
6.14%

 

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

  Nov-13 Oct-13
MoM (%)
AUM's (PKR bn) 375.76 360.99 4.09
No of AMCs 23 23 0.00
No of Funds 191 190 0.53

Economic Highlights
 
GDP Growth FY13 3.60%
Per Capita Income $1,380
Reserves
(December 06, 2013)
$8.06bn
Trade Deficit
(Jul-Nov 13)
$(7.74)bn
Curr. A/C
(Jul-Oct 13)
$(1.37)bn
Remittances
(Jul-Nov 13)
$6.41bn
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) 97.34
Gold Spot(USD/oz) 1,242.00
Cement (Rs./Bag) 511.00
Coal Spot(USD/ton) 83.95
Urea Fertilizer (Rs/bag) 1,836.00
DAP (Rs./bag) 2,258.47
KCA Cotton (Rs/mound) 6,450.00

 

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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.