BasedLine

Date:17-Jan-2014
KSE-100 Index
 
Previous Index 26,761.78
Current Index 26,730.24
Change % -0.12
YTD (CY14)% 5.82
YTD (FY14)% 27.25
Volume (mn) 226.04
Capitilization (USDbn) 15.37
FIPI (USDmn)(Daily) 1.75
FIPI (USDmn) (YTD) -9.26

 

KSE-100 Index
Previous Index 44,472.13
Current Index 44,482.29
Change % 0.02
YTD (CY14)% 4.83
YTD (FY14)% 21.16
Volume (mn) 89.11
Capitilization (USDbn) 8.24

International Indicators
 
Close
%age
BSE-30 21,265.18 -0.11
HANGSENG 22,986.41 0.37
NIKKEI 225 15,747.20 -0.39
FTSE 6,815.42 -0.07
DJIA 16,417.01 -0.39
SSEC 2,012.33 -0.09
NASDAQ 4,218.69 0.09

 
Close
%age
TASI 8,761.06 0.18
KSE(Kuwait) 7,665.14 0.55
BSE 1,268.52 -0.34
MSM 7,140.24 -0.22
ADX 4,521.47 1.27
DFM 3,609.18 0.83
QSE 11,106.13 0.27

KIBOR
 
%age
3 Months 10.08
6 Months 10.14
12 Months 10.44

T-Bills
%age
3 Months 9.93
6 Months 9.97
12 Months 10.05

Bonds
 
%age
3-Y PIB 11.86
5-Y PIB 12.36
10-Y PIB 12.66
20-Y PIB 13.09
30-Y PIB 13.21
Capital Market Overview

Market watch: Index’s high continuesMarket watch: Stocks fall as monetary policy decision looms

The Karachi Stock Exchange’s (KSE) benchmark 100-share index fell 0.12% or 31.54 points to end at 26,730.24. A correction was finally witnessed at the bourse where the index hit a low of 26,630 points intraday before closing at its final level. more... (ET)

News Clippings

Forex reserves up by $267 million

The country's liquid forex reserves have registered an increase of $267.6 million during the last week. According to the State Bank of Pakistan's weekly reserves report issued on Thursday, the country's total forex reserves have surged to $8.317 billion as on January 10, 2014 compared to $8.05 billion as on January 3, 2014. more... (BR)

Pakistan, India discuss ways to enhance trade ties

Ahead of the meeting between their commerce ministers on Saturday, India and Pakistan discussed 'impediments' hampering the normalisation of trade ties, in a bid to remove them and move forward. more... (BR)

Discount rate may stay unchanged: MPS today

The State Bank of Pakistan (SBP) will release Monetary Policy Statement (MPS) today (Friday) with expectations of no change in key policy rate for next two months. The Central Board of Directors of State Bank is going to meet on January 17, 2014 at the SBP head office, with Governor Yaseen Anwar. more... (BR)

Projects worth Rs 912 billion referred to Ecnec: Rs 4 billion schemes approved by CDWP

The Central Development Working Party (CDWP) on Thursday approved as many as six development projects costing Rs 4 billion while six long-term (16-year) projects worth Rs 912 billion. more... (BR)

Neighbour labour: China offers to help resolve K-P’s energy crisis

As part of China’s mission to help Pakistan resolve its energy crisis, a memorandum of understanding (MoU) has been signed between the provincial government of Khyber-Pakhtunkhwa (K-P) and a Chinese company CINOTEC. more... (ET)

Wholly-owned: MCB to set up Islamic banking subsidiary

MCB Bank yesterday announced that it would set up a wholly-owned Islamic banking subsidiary. The State Bank of Pakistan (SBP) has issued a no-objection certificate (NOC) in response to the application submitted to establish a standalone Islamic bank, according to a statement issued by the bank. more... (ET)

Tapping business opportunities: Pakistan a ‘key trading partner’ for Malaysia

Malaysia, the world’s second largest palm oil producer, has named Pakistan as one of the key trading partners for its palm oil industry. more... (ET)

NAVs and Returns
as of January 16, 2014
Funds Offer Redemption
POGSF
10.3098/-
10.3098/-
YTD Return
6.26%
POAIIF
53.0603/-
52.5297/-
YTD Return
3.31%
POAAAF
57.47/-
56.03/-
YTD Return
10.14%
POIAAF
59.79/-
58.30/-
YTD Return
9.77%
POAF
10.90/-
YTD Return
7.35%

 

Funds Rating
AMC
AM3-
POAIIF
AA-(f)
POAF
A+ (f)
POAAAF
2 Star
POIAAF
4 Star
POGSF
AA(f)

  Dec-13 Nov-13
MoM (%)
AUM's (PKR bn) 388.26 375.76 3.33
No of AMCs 23 23 0.00
No of Funds 193 191 1.05

Economic Highlights
 
GDP Growth FY13 3.60%
Per Capita Income $1,380
Reserves
(January 10, 2014)
$8.32bn
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) 93.98
Gold Spot(USD/oz) 1,243.15
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.