BasedLine

Date:23-Dec-2013
KSE-100 Index
 
Previous Index 25,472.64
Current Index 25,579.33
Change % 0.42
YTD (CY13)% 51.31
YTD (FY14)% 21.77
Volume (mn) 149.54
Capitilization (USDbn) 14.72
FIPI (USDmn)(Daily) -0.52
FIPI (USDmn) (YTD) -10.01

 

KSE-100 Index
Previous Index 42,836.26
Current Index 42,733.13
Change % -0.24
YTD (CY13)% 46.72
YTD (FY14)% 16.39
Volume (mn) 72.66
Capitilization (USDbn) 7.91

International Indicators
 
Close
%age
BSE-30 21,079.72 1.79
HANGSENG 22,812.18 -0.33
NIKKEI 225 15,870.42 0.07
FTSE 6,606.58 0.33
DJIA 16,221.14 0.26
SSEC 2,092.99 -1.05
NASDAQ 4,104.74 1.15

 
Close
%age
TASI 8,551.23 0.49
KSE(Kuwait) 7,626.17 0.28
BSE 1,207.49 0.07
MSM 6,801.46 -0.30
ADX 4,145.98 0.16
DFM 3,225.01 -0.57
QSE 10,402.77 -0.63

KIBOR
 
%age
3 Months 10.09
6 Months 10.15
12 Months 10.47

T-Bills
%age
3 Months 9.88
6 Months 10.00
12 Months 10.07

Bonds
 
%age
3-Y PIB 11.92
5-Y PIB 12.46
10-Y PIB 12.77
20-Y PIB 13.28
30-Y PIB 13.43
Capital Market Overview

Weekly review: Defying the odds, KSE soars to all-time high

The country’s stock market continued to defy all odds and showed no signs of slowing down as the benchmark KSE-100 index posted another gain of 322 points (1.3%) to close at an all-time high of 25,579 points during the week ended December 20. more... (ET)

News Clippings

Electricity dues pile up

Despite having pumped hundreds of billions of rupees to clear the circular debt build-up in the electricity sector, the government is yet to show any urgency for the clearance of a staggering Rs445bn of receivables owed to electricity distribution companies across the country. more... (D)

Overseas Pakistanis send $14.9bn as global remittances grow

In 2013, Pakistan received a total of $14.9 billion from its nationals working abroad, says a report prepared by a US think-tank, Pew Research Centre. more... (D)

Power solutions: Industry presses for 50% energy production from coal

FCCI President Engineer Suhail Bin Rashid on Saturday said the government should produce 50% of energy from coal. In a statement, he also called for producing 15% of energy from biofuel over the next four years. more... (ET)

Current account deficit up by 175 percent in July-November

The country's current account deficit is deteriorating continuously as it has increased by 175 percent to $1.8 billion mark during the first five months of current fiscal year 2013-14 (FY14). more... (BR)

Business individuals get tax relief

Besides immunity from penalties, default surcharge and audit, another major relief has been allowed to the business category individual taxpayers and applicable rate of income tax has also been reduced by the Federal Board of Revenue (FBR) for Tax Year 2012. more... (BR)

Regulatory, operational framework for government securities directed

Federal Minister for Finance, Ishaq Dar has directed that all required legal formalities and operational groundwork should be completed to ensure launching of government securities trading in stock markets across the country by end of January 2014. more... (BR)

Forex market: stakeholders' joint efforts produced positive results, says Dar

Ishaq Dar has said that the joint efforts of stakeholders have given positive results in forex market. This he said while presiding over the meeting of bankers at the head office of SBP. more... (BR)

NAVs and Returns
as of December 20, 2013
Funds Offer Redemption
POGSF
10.2546/-
10.2546/-
YTD Return
6.08%
POAIIF
52.8340/-
52.3057/-
YTD Return
2.91%
POAAAF
56.29/-
54.88/-
YTD Return
7.88%
POIAAF
58.38/-
56.92/-
YTD Return
7.17%
POAF
10.78/-
YTD Return
6.25%

 

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 13, 2013)
$8.53bn
Trade Deficit
(Jul-Nov 13)
$(7.74)bn
Curr. A/C
(Jul-Nov13)
$(1.88)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) 99.22
Gold Spot(USD/oz) 1,201.59
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.