BasedLine

Date:16-Jan-2014
KSE-100 Index
 
Previous Index 26,590.69
Current Index 26,761.78
Change % 0.64
YTD (CY14)% 5.94
YTD (FY14)% 27.40
Volume (mn) 198.43
Capitilization (USDbn) 15.39
FIPI (USDmn)(Daily) -0.36
FIPI (USDmn) (YTD) -11.01

 

KSE-100 Index
Previous Index 44,338.81
Current Index 44,472.13
Change % 0.30
YTD (CY14)% 4.81
YTD (FY14)% 21.13
Volume (mn) 72.42
Capitilization (USDbn) 8.24

International Indicators
 
Close
%age
BSE-30 21,289.49 0.73
HANGSENG 22,902.00 0.06
NIKKEI 225 15,808.73 -0.65
FTSE 6,819.86 0.93
DJIA 16,481.94 1.38
SSEC 2,014.10 -0.17
NASDAQ 4,214.94 2.47

 
Close
%age
TASI 8,745.28 0.56
KSE(Kuwait) 7,665.14 0.55
BSE 1,272.87 0.28
MSM 7,156.15 0.27
ADX 4,464.60 0.50
DFM 3,579.59 0.31
QSE 11,075.98 0.22

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

T-Bills
%age
3 Months 9.94
6 Months 9.97
12 Months 10.04

Bonds
 
%age
3-Y PIB 11.89
5-Y PIB 12.38
10-Y PIB 12.66
20-Y PIB 13.09
30-Y PIB 13.21
Capital Market Overview

Market watch: Index’s high continues

The Karachi Stock Exchange’s (KSE) benchmark 100-share index rose 0.64% or 171.09 points to end at 26,761.78. The stock market continued the upward trend, amid upbeat broader market sentiments with the index flirting with new highs before closing 170 points above, mainly helped by gains in oil names. more... (ET)

News Clippings

World Bank, SBP forecast higher growth rates than IMF

The World Bank has projected Pakistan''s GDP growth rate at 3.4 percent for the current fiscal year against government''s projection of 4.4 percent in budget for 2013-14. According to State Bank of Pakistan, the growth rate for the current fiscal year will be in the range of 3.0 and 4.0 percent. more... (BR)

Islamic banking system: President hopeful of smooth transition

President Mamnoon Hussain on Wednesday inaugurated the Round Table Conference on Islamic Banking - Potential of Pakistan with hope that efforts being currently made for transition to Islamic Banking system in the country would be smooth. more... (BR)

Trade deficit reduced to $9.032bn

Trade deficit has been reduced by 8.75 percent to $9.032 billion in the first half of current fiscal year (1HFY14) from $9.898 billion in the same period of the last fiscal year (1HFY13), showed data by the Pakistan Bureau of Statistics (PBS) on Wednesday. more... (N)

Gas allocation: higher priority to power producers, industry advocated

The State Bank of Pakistan wants the government to give higher priority to power producers and industrial users than households (domestic consumers) as well as CNG filling stations in gas allocation to place the country on a far more sustainable energy footing. more... (BR)

Energy shortages, law & order: GSP+ opportunity may squander

The State Bank of Pakistan has warned that the ongoing energy crisis and law and order situation could prevent the exporting sectors to cash in on the full benefits of GSP Plus opportunity). more... (BR)

Public debt major risk to macroeconomic stability

According to State Bank annual report issued on Wednesday, Pakistan''''s public debt continues to be a major risk to the country''''s macroeconomic stability during FY13. more... (BR)

Coal reserves likely to generate 10,000MW: ADB

Coal reserves in Pakistan may generate 10,000 megawatts of electricity for 350 years, says the Asian Development Bank (ADB). more... (N)

NAVs and Returns
as of January 15, 2014
Funds Offer Redemption
POGSF
10.3079/-
10.3079/-
YTD Return
6.26%
POAIIF
53.0530/-
52.5225/-
YTD Return
3.30%
POAAAF
57.64/-
56.20/-
YTD Return
10.48%
POIAAF
59.91/-
58.41/-
YTD Return
9.98%
POAF
10.90/-
YTD Return
7.36%

 

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-Dec 13)
$(9.03)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) 94.18
Gold Spot(USD/oz) 1,240.99
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.