BasedLine

Date:10-Jan-2014
KSE-100 Index
 
Previous Index 26,341.08
Current Index 26,373.24
Change % 0.12
YTD (CY14)% 4.40
YTD (FY14)% 25.55
Volume (mn) 250.51
Capitilization (USDbn) 15.17
FIPI (USDmn)(Daily) -0.45
FIPI (USDmn) (YTD) -19.59

 

KSE-100 Index
Previous Index 44,303.19
Current Index 44,264.86
Change % -0.09
YTD (CY14)% 4.32
YTD (FY14)% 20.57
Volume (mn) 137.31
Capitilization (USDbn) 8.20

International Indicators
 
Close
%age
BSE-30 20,713.37 -0.08
HANGSENG 22,787.33 -0.91
NIKKEI 225 15,880.33 -1.50
FTSE 6,691.34 -0.44
DJIA 16,444.76 -0.11
SSEC 2,017.61 -1.66
NASDAQ 4,156.20 -0.23

 
Close
%age
TASI 8,677.87 0.29
KSE(Kuwait) 7,668.82 0.15
BSE 1,263.41 0.09
MSM 7,156.17 0.98
ADX 4,417.79 0.50
DFM 3,504.66 1.77
QSE 10,875.08 0.37

KIBOR
 
%age
3 Months 10.09
6 Months 10.15
12 Months 10.46

T-Bills
%age
3 Months 9.92
6 Months 9.95
12 Months 10.02

Bonds
 
%age
3-Y PIB 11.77
5-Y PIB 12.36
10-Y PIB 12.60
20-Y PIB 13.06
30-Y PIB 13.20
Capital Market Overview

Market watch: Index continues to move upwards

The index remained volatile, closing marginally over as investors booked profits after crossing the 26,500-barrier during the day. At close, the Karachi Stock Exchange’s (KSE) benchmark 100-share index had risen 0.12% or 32.16 points to end at 26,373.24. more... (ET)

News Clippings

Forex: Reserves dip on debt repayment

Foreign exchange reserves held by the State Bank of Pakistan (SBP) decreased 11.2% during the week ending on January 3, according to data released by the SBP on Thursday. The central bank’s foreign exchange reserves decreased by $412 million to $3.2 billion compared to the $3.6 billion held at the end of the preceding week. more... (ET)

'Non-payment' of income tax by MPs: IMF to raise issue during EFF review

The International Monetary Fund (IMF) has expressed its serious concern over 'non-payment' of income tax by Parliamentarians and decided to take up this issue with authorities during the second review of Extended Fund Facility (EFF) scheduled for January-end or the first week of February. more... (BR)

Minister seeks more Chinese cooperation in energy sector

Federal Minister for Water and Power Khawaja Muhammad Asif met the President of China’s Three Gorges Corporation (CTG) Chen Fei here on Wednesday and exchanged views on enhancing collaboration in the energy sector. more... (N)

Availing opportunities: China’s RUYI to invest in Pakistan

RUYI, a Chinese company, is planning to invest $2 billion in Pakistan’s energy and textile sectors in the next two years, informed the group chairman Yafu Qiu during a meeting with Prime Minister Nawaz Sharif at the PM House. more... (ET)

Investment opportunity: PC approves further share-selling of state-owned units

The Board of Privatisation Commission (PC) approved on Thursday to sell significant number of shares owned by the state in two energy sector companies and three commercial banks aimed at raising at least Rs200 billion to pay off the country’s mounting debt. more... (ET)

Gaining ground: German textile event yields order bonanza

Pakistan Textile Exporters Association (PTEA) Chairman Sheikh Ilyas Mahmood said exporters are expecting to get foreign orders worth $1 billion from Heimtextil as the Pakistani commodity has been an attractive one on the opening day of the world’s largest home textile event in Germany. more... (ET)

Govt decides to offload shares in OGDCL

The government on Thursday approved the offloading of the shares of the profit-making Oil and Gas Development Company Limited (OGDCL). more... (N)

NAVs and Returns
as of January 09, 2014
Funds Offer Redemption
POGSF
10.2969/-
10.2969/-
YTD Return
6.24%
POAIIF
53.0090/-
52.4789/-
YTD Return
3.24%
POAAAF
57.32/-
56.89/-
YTD Return
9.87%
POIAAF
59.73/-
58.24/-
YTD Return
9.66%
POAF
10.88/-
YTD Return
7.30%

 

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
(January 03, 2013)
$8.11bn
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) 92.35
Gold Spot(USD/oz) 1,232.95
Cement (Rs./Bag) 514.88
Coal Spot(USD/ton) 84.25
Urea Fertilizer (Rs/bag) 1,856.15
DAP (Rs./bag) 1888.87
KCA Cotton (Rs/mound) 7000.00

 

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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.