BasedLine

Date:21-Jan-2014
KSE-100 Index
 
Previous Index 26,913.85
Current Index 27,000.95
Change % 0.32
YTD (CY14)% 6.89
YTD (FY14)% 28.54
Volume (mn) 177.20
Capitilization (USDbn) 15.53
FIPI (USDmn)(Daily) 3.87
FIPI (USDmn) (YTD) -0.93

 

KSE-100 Index
Previous Index 44,546.32
Current Index 44,684.85
Change % 0.31
YTD (CY14)% 5.31
YTD (FY14)% 21.71
Volume (mn) 92.35
Capitilization (USDbn) 8.28

International Indicators
 
Close
%age
BSE-30 21,205.05 0.67
HANGSENG 22,928.95 -0.88
NIKKEI 225 15,641.68 -0.59
FTSE 6,836.73 0.11
DJIA 16,458.56 0.25
SSEC 2003.96 0.38
NASDAQ 4,197.58 -0.50

 
Close
%age
TASI 8,727.78 -0.14
KSE(Kuwait) 7,738.26 0.51
BSE 1,279.96 0.88
MSM 7,165.13 0.36
ADX 4,569.98 0.18
DFM 3,669.83 1.45
QSE 11,072.13 -0.19

KIBOR
 
%age
3 Months 10.08
6 Months 10.14
12 Months 10.45

T-Bills
%age
3 Months 9.91
6 Months 9.97
12 Months 9.99

Bonds
 
%age
3-Y PIB 11.71
5-Y PIB 12.21
10-Y PIB 12.51
20-Y PIB 12.98
30-Y PIB 13.11
Capital Market Overview

Market watch: 27,000-point barrier crossed ahead of earning season

The stock market reacted positively to Friday’s unchanged monetary policy statement, closing with its highest on the first trading session of the week. The Karachi Stock Exchange’s (KSE) benchmark 100-share index rose 0.32% or 87.10 points to end at 27,000.95. more... (ET)

News Clippings

IMF to be paid $2 billion this year

Pakistan has to undertake debt servicing of over $2 billion to the International Monetary Fund (IMF) in calendar year 2014 on account of Stand-by-Arrangement (SBA) and other loans. more... (BR)

Audit into Rs480bn payment to IPPs sought

With new circular debt touching the staggering figure of Rs194 billion, the senate standing committee on water and power on Monday asked for a third party audit into the payment of Rs480 billion to independent power producers (IPPs) a few months back. more... (N)

New agreements termed august for Indo-Pak trade

Business community has been long awaiting the decision of containerised shipments of goods between India and Pakistan since the infrastructure at the both sides of Wagah-Attari border has almost been completed. more... (N)

Qatar identifies issues relevant to LNG supply

Qatar has presented the government with the issues relevant to the LNG (liquefied natural gas) in a nonbinding document, heads of agreement (HoA). more... (N)

FBR yet to investigate Rs80bn duty evasion

In what appears to be a major scam, more than Rs80 billion excise duty has been evaded over the past seven years by the owners providing franchise services, but the country’s top tax machinery has put the matter on the back burner. more... (D)

Over-age cars: Importers ready to pay penalty for ‘immediate’ release

Importers are making increased efforts to have around a 1,000 used cars released that have been blocked by customs at ports. Most of these have not been cleared on the basis of exceeding the maximum age-limit – the imported cars are between 36 to 41 months-old against an allowed maximum of 36. more... (BR)

MoIT moving reference against 13 PSDP projects

The Ministry of Information Technology is moving a reference against thirteen Public Sector Development Program (PSDP) information technology projects, showing gross financial, administrative and procedural irregularities estimated at Rs 1.2 billion to National Accountability Bureau (NAB), it is learnt. more... (BR)

NAVs and Returns
as of January 20, 2014
Funds Offer Redemption
POGSF
10.3170/-
10.3170/-
YTD Return
6.26%
POAIIF
53.0886/-
52.5577/-
YTD Return
3.34%
POAAAF
57.84/-
56.39/-
YTD Return
10.85%
POIAAF
60.13/-
58.63/-
YTD Return
10.39%
POAF
10.92/-
YTD Return
7.57%

 

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-Dec 13)
$7.79bn
FDI (Jul-Dec 13) $416mn
CPI Gen. - YoY
(Dec-13)
9.18%
CPI Gen. - FY14
(Jul-Dec 13)
8.89%

Commodities
 
WTI (USD/bbl) 93.89
Gold Spot(USD/oz) 1,252.06
Cement (Rs./Bag) 516.94
Coal Spot(USD/ton) 82.80
Urea Fertilizer (Rs/bag) 1,878.08
DAP (Rs./bag) 1888.87
KCA Cotton (Rs/mound) 7050.00

 

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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.