BasedLine

Date:23-Jan-2014
KSE-100 Index
 
Previous Index 27,104.70
Current Index 27,015.12
Change % -0.33
YTD (CY14)% 6.94
YTD (FY14)% 28.61
Volume (mn) 243.79
Capitilization (USDbn) 15.54
FIPI (USDmn)(Daily) 1.39
FIPI (USDmn) (YTD) 1.79

 

KSE-100 Index
Previous Index 44,912.59
Current Index 44,666.37
Change % -0.55
YTD (CY14)% 5.27
YTD (FY14)% 21.66
Volume (mn) 112.88
Capitilization (USDbn) 8.27

International Indicators
 
Close
%age
BSE-30 21,337.67 0.41
HANGSENG 23,082.25 0.21
NIKKEI 225 15,820.96 0.16
FTSE 6,826.33 -0.12
DJIA 16,373.34 -0.25
SSEC 2,051.75 0.49
NASDAQ 4,243.00 0.41

 
Close
%age
TASI 8,761.16 0.31
KSE(Kuwait) 7,749.44 -0.09
BSE 1,279.02 0.18
MSM 7,188.00 0.16
ADX 4,578.19 -0.06
DFM 3,687.32 0.60
QSE 11,179.61 0.29

KIBOR
 
%age
3 Months 10.08
6 Months 10.13
12 Months 10.44

T-Bills
%age
3 Months 9.91
6 Months 9.96
12 Months 10.00

Bonds
 
%age
3-Y PIB 11.66
5-Y PIB 12.11
10-Y PIB 12.52
20-Y PIB 12.96
30-Y PIB 13.08
Capital Market Overview

Market watch: Index continues to sail upwardMarket watch: Stock market declines after continuous highs

Celebration at the bourse seemed minimal after the benchmark index failed to sustain its rise and closed red by 90 points. The Karachi Stock Exchange’s (KSE) benchmark 100-share index fell 0.33% or 89.58 points to end at 27,015.12. more... (ET)

News Clippings

Banks’ interest in govt securities revived

Banks’ interest in the government securities has been revived, as they parked a heavy amount of Rs733 billion in the market treasury bills on Wednesday, the State Bank of Pakistan data showed. more... (N)

$40 million remittance: Lucky Cement asked to arrange forex through interbank

Economic Co-ordination Committee (ECC) of the Cabinet has allowed M/s Lucky Cement to arrange foreign exchange from interbank instead of open market for equity investment in cement plant in DR Congo.. more... (BR)

Foreign investors urging govt to relax PPRA rules

While foreign portfolio investment at the equity market is on the rise, international companies are urging the government to relax Public Procurement Regulatory Authority (PPRA) rules for investment in Pakistan, said Board of Investment (BoI) chairman Dr Miftah Ismail on Wednesday. more... (N)


Legal quandry: Takaful Pakistan backs off from SECP case

The Islamic insurance industry of Pakistan has received a fresh blow in its longstanding legal battle with the apex regulator over the controversial Takaful Rules 2012, with one of its key players backing off from the constitutional petition against the Securities and Exchange Commission of Pakistan (SECP)r. more... (ET)

Govt committed to disinvestment

Finance Minister Ishaq Dar has said that the government is committed to the process of disinvestment of heavy loss-making public sector entities (PSEs), which shall be carried out transparently and in an efficient manner in the national interest. more... (N)

Pakistan, US leaders agree to further strengthen ties

Private sector leaders in the US and Pakistan agreed on Wednesday to further strengthen cooperation at the grassroots level to promote shared goals of security, prosperity and peace while recognising the benefits accrued from enhanced people-to-people contacts. more... (N)

Energy supply to textile units help increase exports

All Pakistan Textile Mills Association (Aptma) Punjab Chairman S M Tanveer has said that the energy supply to textile industry has resulted in 21 percent increase in production during December, meaning $215 million extra foreign exchange earnings for the country.Aptma expressed the hope that this will help achieve $3 billion exports out of closed capacity. more... (N)

NAVs and Returns
as of January 22, 2014
Funds Offer Redemption
POGSF
10.3205/-
10.3205/-
YTD Return
6.26%
POAIIF
53.1028/-
52.5718/-
YTD Return
3.35%
POAAAF
58.17/-
56.72/-
YTD Return
11.50%
POIAAF
60.22/-
58.71/-
YTD Return
10.54%
POAF
10.93/-
YTD Return
7.54%

 

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-Dec 13)
$(1.59)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) 96.45
Gold Spot(USD/oz) 1,234.93
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

 

Kindly Click here for PDF Version

(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.