BasedLine

Date:24-Dec-2013
KSE-100 Index
 
Previous Index 25,579.33
Current Index 25,417.63
Change % -0.63
YTD (CY13)% 50.35
YTD (FY14)% 21.00
Volume (mn) 113.99
Capitilization (USDbn) 14.63
FIPI (USDmn)(Daily) -2.74
FIPI (USDmn) (YTD) -12.75

 

KSE-100 Index
Previous Index 42,733.13
Current Index 42,788.23
Change % 0.13
YTD (CY13)% 46.91
YTD (FY14)% 16.55
Volume (mn) 87.43
Capitilization (USDbn) 7.92

International Indicators
 
Close
%age
BSE-30 21,101.03 0.10
HANGSENG 22,921.56 0.48
NIKKEI 225 15,870.42 0.00
FTSE 6,678.61 1.09
DJIA 16,294.61 0.45
SSEC 2,104.59 0.55
NASDAQ 4,148.90 1.08

 
Close
%age
TASI 8,561.84 0.12
KSE(Kuwait) 7,635.22 0.12
BSE 1,204.36 -0.17
MSM 6,793.43 -0.12
ADX 4,149.59 0.09
DFM 3,237.19 0.38
QSE 10,453.15 0.48

KIBOR
 
%age
3 Months 10.05
6 Months 10.14
12 Months 10.46

T-Bills
%age
3 Months 9.81
6 Months 9.99
12 Months 10.05

Bonds
 
%age
3-Y PIB 11.90
5-Y PIB 12.45
10-Y PIB 12.75
20-Y PIB 13.24
30-Y PIB 13.38
Capital Market Overview

Market watch: Bourse declines as financial companies slip

The stock market started the day on a positive note, continuing last week’s momentum but recorded profit-taking during intraday trade. The Karachi Stock Exchange’s (KSE) benchmark 100-share index fell 0.63% or 161.70 points to end at 25,417.63 points on Monday. more... (ET)

News Clippings

Energy sector main focus: Nawaz woos Turkish investors

Prime Minister Nawaz Sharif on Monday invited Turkish businessmen to invest in the fields of telecommunication, energy, housing, textile, tourism, infrastructure and transportation sector and assured them full support and security to their investment. more... (BR)

New exchange companies: SBP raises min paid-up capital to Rs 200 million

The State Bank of Pakistan on Monday announced increase in the minimum paid-up capital for new exchange companies by 100 percent to Rs 200 million. more... (BR)

Energy trade: Pakistan moves closer to electricity import from India

At a time when the international court has allowed India to divert water from the Neelum Jhelum River for the Kishanganga Dam in Indian-controlled Kashmir, Pakistan is set to sign an initial deal for import of electricity from Delhi to overcome a crippling power crisis. more... (ET)

IP gas project will boost industrial sector

he Iran-Pakistan (IP) Gas Pipeline Project must be completed before 2015 while coal reserves must be utilised to overcome the energy crisis. more... (DT)

Inland Revenue fears huge losses on exemptions to export sector

he office of Inland Revenue fears huge revenue losses due to the exemptions allowed to export-oriented sectors on the import of raw materials and has advised that duty concessions should be granted only on the production of exemption certificates issued by Inland Revenue officers, sources said on Monday. more... (N)

July-November period: banks disburse 33 percent of agriculture credit target

The State Bank of Pakistan had provisionally allocated agricultural credit disbursement target of Rs 360 billion to banks for the year 2013-14. more... (BR)

Trade with Spain: Balance tilts in Pakistan’s favour

Trade balance between Pakistan and Spain has shown a considerable increase in favour of Pakistan over the last three years. The trade volume between the two countries has crossed the $2 billion mark, pushing economic ties in a positive direction. more... (ET)

NAVs and Returns
as of December 23, 2013
Funds Offer Redemption
POGSF
10.2624/-
10.2624/-
YTD Return
6.14%
POAIIF
52.8560/-
52.3274/-
YTD Return
2.94%
POAAAF
56.10/-
54.70/-
YTD Return
7.53%
POIAAF
58.39/-
56.93/-
YTD Return
7.91%
POAF
10.82/-
YTD Return
6.89%

 

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) 98.76
Gold Spot(USD/oz) 1,198.95
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.