BasedLine

Date:26-Dec-2013
KSE-100 Index
 
Previous Index 25,417.63
Current Index 25,366.69
Change % -0.20
YTD (CY13)% 50.05
YTD (FY14)% 20.76
Volume (mn) 104.43
Capitilization (USDbn) 14.60
FIPI (USDmn)(Daily) -0.09
FIPI (USDmn) (YTD) -12.84

 

KSE-100 Index
Previous Index 42,788.23
Current Index 42,808.80
Change % 0.05
YTD (CY13)% 46.98
YTD (FY14)% 16.60
Volume (mn) 78.74
Capitilization (USDbn) 7.93

International Indicators
 
Close
%age
BSE-30 21,032.71 -0.32
HANGSENG 22,179.55 1.13
NIKKEI 225 16,009.99 0.88
FTSE 6,694.17 0.23
DJIA 16,357.55 0.39
SSEC 2,106.35 0.64
NASDAQ 4,155.42 1.08

 
Close
%age
TASI 8,481.59 -0.47
KSE(Kuwait) 7,644.12 0.07
BSE 1,216.99 0.84
MSM 6,784.05 -0.22
ADX 4,185.70 0.60
DFM 3,307.09 0.81
QSE 10,462.54 -0.34

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

T-Bills
%age
3 Months 9.82
6 Months 9.99
12 Months 10.08

Bonds
 
%age
3-Y PIB 11.90
5-Y PIB 12.51
10-Y PIB 12.76
20-Y PIB 13.24
30-Y PIB 13.38
Capital Market Overview

Market watch: Stocks lacklustre as investors play it cautious

The stock market ended the day in the red, as low volumes dampened the market mood. The Karachi Stock Exchange’s (KSE) benchmark 100-share index fell 0.20% or 50.94 points to end at 25,366.69 points. more... (ET)

News Clippings

Pakistan receives $553 million EFF second tranche

Pakistan has received $553 million second tranche of the Extended Fund Facility (EFF) from the International Monetary Fund (IMF). Bankers said these inflows will support the depleting forex reserves that presently stood below $9 billion. more... (BR)

Agreements with Turkey: Monitoring of projects is a key to success

At a time when the economy of Pakistan is facing some serious challenges, the visit of Turkish premier Recep Tayyip Erdogan, along with a high-powered business delegation, has provided some respite. more... (ET)

Borrowing from SBP shrinks as government turns to commercial banks

The federal government’s net borrowings from the central bank for budgetary support between July 1 and December 13 remained Rs685.8 billion, latest data released by the State Bank of Pakistan (SBP) shows. more... (ET)

China commits $6.5bn loan for N-power plants in Karachi

China has committed $6.5billion to finance the construction of a major nuclear power project in the port city of Karachi as it seeks to strengthen ties with its strategic partner Prime Minister Nawaz Sharif broke ground on the$9.59 billion project last month but officials have provided few details of how they plan to finance it. more... (D)

New strategic partnership: GCC eyes stronger ties with China

The six energy-rich Arab monarchies of the Gulf are seeking to strengthen ties with China, Gulf Co-operation Council chief Abdullatif al-Zayani said Wednesday after talks with the Chinese foreign minister. more... (BR)

Foreign firms repatriate $530 million in July-November

The repatriation of profit and dividend earned by the foreign companies amounted $530.3 million in the first five months of the current fiscal year, up 23.2 percent over the same period last fiscal year, showed the latest statistics by the State Bank of Pakistan (SBP). more... (N)

July-November services trade posts over $1 billion deficit

Services trade posted over $1 billion deficit during the first five months of the current fiscal year, mainly due to massive decline in exports. The fresh statistics of the services trade issued by the State Bank of Pakistan revealed that the country's services sector trade is gradually deteriorating as the exports continue to decline. more... (BR)

NAVs and Returns
as of December 24, 2013
Funds Offer Redemption
POGSF
10.2640/-
10.2640/-
YTD Return
6.14%
POAIIF
52.8632/-
52.3346/-
YTD Return
2.96%
POAAAF
56.18/-
54.78/-
YTD Return
7.69%
POIAAF
58.39/-
56.93/-
YTD Return
7.19%
POAF
10.82/-
YTD Return
6.90%

 

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) 99.50
Gold Spot(USD/oz) 1,205.05
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.