BasedLine

Date:31-Dec-2013
KSE-100 Index
 
Previous Index 25,258.05
Current Index 25,283.96
Change % 0.10
YTD (CY13)% 49.56
YTD (FY14)% 20.37
Volume (mn) 132.74
Capitilization (USDbn) 14.55
FIPI (USDmn)(Daily) 0.62
FIPI (USDmn) (YTD) -8.78

 

KSE-100 Index
Previous Index 42,557.79
Current Index 42,542.62
Change % -0.04
YTD (CY13)% 46.07
YTD (FY14)% 15.88
Volume (mn) 81.91
Capitilization (USDbn) 7.88

International Indicators
 
Close
%age
BSE-30 21,143.01 -0.24
HANGSENG 23,244.87 0.01
NIKKEI 225 16,291.31 0.69
FTSE 6,731.27 -0.29
DJIA 16,504.29 0.16
SSEC 2,115.79 0.63
NASDAQ 4,154.20 -0.06

 
Close
%age
TASI 8,520.02 0.30
KSE(Kuwait) 7,541.58 -0.59
BSE 1,229.08 0.08
MSM 6,815.98 0.12
ADX 4,277.62 1.62
DFM 3,331.89 1.35
QSE 10,368.20 0.08

KIBOR
 
%age
3 Months 10.08
6 Months 10.16
12 Months 10.47

T-Bills
%age
3 Months 10.10
6 Months 10.13
12 Months 10.23

Bonds
 
%age
3-Y PIB 11.84
5-Y PIB 12.43
10-Y PIB 12.80
20-Y PIB 13.24
30-Y PIB 13.37
Capital Market Overview

Market watch: Fuelled by cement stocks, bourse closes in the black

The stock market continued its upward march on Monday, though at a markedly reduced pace, led mostly by shares of cement companies. The Karachi Stock Exchange’s (KSE) benchmark 100-share index rose 0.10% or 25.91 points to end at 25,283.96 points. more... (ET)

News Clippings

26th instalment: Pakistan repays IMF $109m

Pakistan repaid $109 million on Monday under the International Monetary Fund (IMF) Standby Agreement (SBA), according to a spokesperson for the State Bank of Pakistan (SBP). more... (ET)

MoU signed with Afghan agency

The Pakistan-Afghanistan Joint Chamber Of Commerce and Industry (PAJCCI) signed a memorandum of understanding with the Afghanistan Investment Support Agency (AISA) to support trading and investment ventures. more... (D)

Performance report: Economy improves after wiping out circular debt

The national economy has shown significant improvement over the June-December period following clearance of longstanding circular debt worth Rs480 billion, leading to a significant reduction in electricity load-shedding from 18 to 8 hours. more... (ET)

Bringing to a close: Cement sector wraps up year with handsome gains

The cement sector is going to conclude another extraordinary year (today) fuelled by low prices of key inputs that have helped companies improve margins and retire debts. With the continuous rise in the profitability of cement companies, the industry’s prospects in coming months look bright, buoyed further by strong demand and high prices. more... (ET)

SECP, EOBI to enhance cooperation

The move is part of financial sector reforms the government has agreed to implement under the agreement with the IMF to facilitate investors and reduce duplication of work by regulators. SECP acting chairman Tahir Mahmood and EOBI chairman Mohammad Ayub Sheikh signed the MoU at the SECP head office. more... (D)

FMCGs & food sector: Consumer goods companies on radar of investors

The consumer goods sector, the numbers show, had a spectacular year and remained on the radar of foreign investors. According to the analysts, the economic recovery will assist the sector – fast moving consumer goods (FMCGs) and food companies in particular – to perform well in 2014 as well. more... (ET)

Cement dispatches likely to increase by 5% in Q2 of FY14

The ongoing quarter (October-December) of fiscal year 2013-14 (FY14) has been anticipated to observe an increase in cement dispatches by 5.13 percent to 8.2 million tonnes as compared to 7.8 million tonnes in the first quarter of FY14, said an analyst. more... (DT)

NAVs and Returns
as of December 30, 2013
Funds Offer Redemption
POGSF
10.2717/-
10.2717/-
YTD Return
6.09%
POAIIF
52.9344/-
52.4051/-
YTD Return
3.13%
POAAAF
56.54/-
55.13/-
YTD Return
8.37%
POIAAF
58.43/-
56.97/-
YTD Return
7.27%
POAF
10.83/-
YTD Return
6.73%

 

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) 99.34
Gold Spot(USD/oz) 1,198.62
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.