BasedLine

Date:19-Dec-2013
KSE-100 Index
 
Previous Index 25,350.20
Current Index 25,524.46
Change % 0.69
YTD (CY13)% 50.98
YTD (FY14)% 21.51
Volume (mn) 187.45
Capitilization (USDbn) 14.69
FIPI (USDmn)(Daily) -0.26
FIPI (USDmn) (YTD) -8.33

 

KSE-100 Index
Previous Index 42,559.21
Current Index 42,888.45
Change % 0.77
YTD (CY13)% 47.25
YTD (FY14)% 16.82
Volume (mn) 101.64
Capitilization (USDbn) 7.94

International Indicators
 
Close
%age
BSE-30 20,859.86 1.20
HANGSENG 23,143.82 0.32
NIKKEI 225 15,587.80 2.02
FTSE 6,492.08 0.09
DJIA 16,167.97 1.84
SSEC 2,146.39 -0.18
NASDAQ 4,070.06 1.15

 
Close
%age
TASI 8,440.53 0.34
KSE(Kuwait) 7,575.55 -0.44
BSE 1,207.76 0.02
MSM 6,807.59 0.19
ADX 4,094.58 -0.22
DFM 3,207.70 2.02
QSE 10,468.59 -0.33

KIBOR
 
%age
3 Months 10.09
6 Months 10.14
12 Months 10.46

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

Bonds
 
%age
3-Y PIB 12.05
5-Y PIB 12.54
10-Y PIB 12.95
20-Y PIB 13.36
30-Y PIB 13.50
Capital Market Overview

Market watch: Stock exchange keeps momentum, stands above 25,500

Continuing previous day’s momentum, the stock market hit another record high on Wednesday, led by the oil and finance sectors. The Karachi Stock Exchange’s (KSE) benchmark 100-share index rose 0.69% or 174.26 points to end at 25,524.46 points. more... (ET)

News Clippings

IMF, circular debt top list of 'achievements'

ederal Minister for finance, revenue and statistics Ishaq Dar Wednesday informed Senate about the details of agreement with International Monetary Fund (IMF) and the resolution of Rs 480 billion circular debt, vowing greater government transparency. more... (BR)

WB suggests enhanced gas supply to power plants

The World Bank has asked Pakistan that it should enhance gas supply to power plants to pave the way for loans to power projects and reduce mounting circular debt, a suggestion that comes at a time when the government is diverting gas from power producers to industrial units. more... (ET)

49pc shares of Meezan Bank to be sold for $190m

About 49.1 per cent shares of Meezan Bank Limited (MEBL) will be sold for $190 million, but the Bank said there would be change in the management. more... (D)

Strong fundamentals: With low coal prices, cement sector’s prospects look bright

The continuous increase in cement prices has surely irritated the consumers but it has made cement stocks more attractive on the Karachi bourse. more... (ET)

Experts express doubt over tax returns data

Tax experts have expressed doubts over the figures of income tax returns released by the Federal Board of Revenue (FBR). Earlier, the revenue body had claimed to receive 800,000 returns, which includes only 276,000 returns filed through electronic mode. more... (N)

Mega gas scam lands at Dar's table

The incumbent government's first mega scam amounting to Rs 210 billion relating to the supply of gas at concessional rate to a fertiliser plant has reportedly landed at the table of Finance Minister. more... (BR)

Gas supply: Investor confidence will be revived, says industrialists

Industrialists have welcomed the decision of the government to restore gas supply to textile units in Punjab for eight hours a day. more... (ET)

NAVs and Returns
as of December 18, 2013
Funds Offer Redemption
POGSF
10.2499/-
10.2499/-
YTD Return
6.06%
POAIIF
52.8197/-
52.2915/-
YTD Return
2.88%
POAAAF
56.49/-
55.08/-
YTD Return
8.28%
POIAAF
58.46/-
57.00/-
YTD Return
7.32%
POAF
10.78/-
YTD Return
6.27%

 

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-Nov 13) $399mn
CPI Gen. - YoY
(Nov-13)
10.90%
CPI Gen. - FY14
(Jul-Nov 13)
8.84%

Commodities
 
WTI (USD/bbl) 97.73
Gold Spot(USD/oz) 1,219.92
Cement (Rs./Bag) 510.59
Coal Spot(USD/ton) 84.25
Urea Fertilizer (Rs/bag) 1,859.23
DAP (Rs./bag) 2,258.47
KCA Cotton (Rs/mound) 6,600.00

 

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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.