BasedLine

Date:13-Jan-2014
KSE-100 Index
 
Previous Index 26,373.24
Current Index 26,488.32
Change % 0.44
YTD (CY14)% 4.86
YTD (FY14)% 26.10
Volume (mn) 139.38
Capitilization (USDbn) 15.23
FIPI (USDmn)(Daily) 3.48
FIPI (USDmn) (YTD) -15.61

 

KSE-100 Index
Previous Index 44,264.86
Current Index 44,202.36
Change % -0.14
YTD (CY14)% 4.17
YTD (FY14)% 20.40
Volume (mn) 66.67
Capitilization (USDbn) 8.19

International Indicators
 
Close
%age
BSE-30 20,758.49 0.22
HANGSENG 22,846.25 0.26
NIKKEI 225 15,912.06 0.20
FTSE 6,739.94 0.73
DJIA 16,437.05 -0.05
SSEC 2,012.14 -0.27
NASDAQ 4,174.66 0.44

 
Close
%age
TASI 8,714.73 0.42
KSE(Kuwait) 7,641.31 -0.36
BSE 1,262.64 -0.06
MSM 7,160.24 0.06
ADX 4,417.79 0.50
DFM 3,504.66 1.77
QSE 10,922.36 0.43

KIBOR
 
%age
3 Months 10.10
6 Months 10.17
12 Months 10.45

T-Bills
%age
3 Months 9.94
6 Months 9.96
12 Months 10.02

Bonds
 
%age
3-Y PIB 11.91
5-Y PIB 12.39
10-Y PIB 12.66
20-Y PIB 13.08
30-Y PIB 13.21
Capital Market Overview

Weekly review: Market rally continues as KSE-100 soars to record high

The stock market’s rally showed no signs of coming to an end as the benchmark KSE-100 index posted another gain of 441 points (1.7%) on its way to hitting a new record high of 26,488 points during the week ended January 10. more... (ET)

News Clippings

EAC meeting: Dar highlights steps taken to fix economy

While addressing a gathering of the country’s top economists, Finance Minister Ishaq Dar discussed the state of affairs with his colleagues, and steps being taken by the government to fix the economy. more... (ET)

Overseas Pakistanis remit $7.8bn in six months

Overseas Pakistanis sent $7.79 billion remittances in the first half (July-Dec) of this fiscal year registering a growth of 9.46 per cent over a year earlier, the State Bank reported on Friday. more... (D)

Sell-off of SOEs to give forex much-needed boost

Pakistan is hoping a sell-off of government stakes in state-owned energy companies, banks and troubled airline PIA will bring a much-needed boost to foreign exchange reserves, a top official said Friday. more... (BR)

SNGPL and SSGCL to reduce UfG losses to seven percent

The Sui-Northern Gas Pipelines limited (SNGPL) as well as Sui-Southern Gas Company Limited (SSGCL) have started implementing a plan to reduce Unaccounted for Gas (UfG) losses from 11 percent to 7 percent, officials said.The government was also focusing on increasing local gas production by 7 percent or by 315 Million Cubic Feet per Day (MMCFD) by end December 2014. more... (BR)

GSP Plus status, price rise by rival India : Rice exporters see 0.25m tonnes more export

After increment in brown rice prices by India, Pakistan has an opportunity to increase its brown rice exports by 250,000 tonnes to EU countries as its commodity is relatively cheaper. Rice Exporters Association of Pakistan (REAP) former chairman Jawed Ali Ghori identified the opportunity and shared it with Daily Times on Saturday. more... (DT)

KCR flagship project of Pakistan-Japan economic cooperation

Minister for Planning, Development and Reform Ahsan Iqbal on Thursday expressed hope that the Karachi Circular Railway (KCR) project would start early and called it a ‘flagship project of economic cooperation’ between Pakistan and Japan. more... (D)

Trade talks with India resume tomorrow

The meeting, being held after a gap of 16 months, will only maintain the ‘momentum of talks’ as part of the composite dialogue process, because substantive talks between the two countries will only be held after general elections in India. more... (D)

NAVs and Returns
as of January 10, 2014
Funds Offer Redemption
POGSF
10.2987/-
10.2987/-
YTD Return
6.25%
POAIIF
53.0163/-
52.4861/-
YTD Return
3.25%
POAAAF
57.46/-
56.02/-
YTD Return
10.12%
POIAAF
59.78/-
58.29/-
YTD Return
9.75%
POAF
10.89/-
YTD Return
7.38%

 

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-Dec 13)
$7.79bn
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) 92.45
Gold Spot(USD/oz) 1,250.09
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.