BasedLine

Date:28-Jan-2014
KSE-100 Index
 
Previous Index 27,001.89
Current Index 26,670.60
Change % -1.23
YTD (CY14)% 5.58
YTD (FY14)% 26.97
Volume (mn) 126.75
Capitilization (USDbn) 15.34
FIPI (USDmn)(Daily) -0.81
FIPI (USDmn) (YTD) 15.38

 

KSE-100 Index
Previous Index 44,716.71
Current Index 44,029.61
Change % -1.54
YTD (CY14)% 3.77
YTD (FY14)% 19.93
Volume (mn) 71.22
Capitilization (USDbn) 8.15

International Indicators
 
Close
%age
BSE-30 20,707.45 -2.02
HANGSENG 21,976.10 -2.11
NIKKEI 225 15,005.73 -2.51
FTSE 6,550.66 -1.70
DJIA 15,837.88 -0.26
SSEC 2,034.86 -0.27
NASDAQ 4,083.61 -1.08

 
Close
%age
TASI 8,655.01 -0.92
KSE(Kuwait) 7,781.07 -0.05
BSE 1,271.70 -0.19
MSM 7,157.14 0.16
ADX 4,527.80 -0.92
DFM 3,687.91 -1.23
QSE 11,324.24 0.22

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

T-Bills
%age
3 Months 9.95
6 Months 9.97
12 Months 10.01

Bonds
 
%age
3-Y PIB 11.69
5-Y PIB 12.08
10-Y PIB 12.53
20-Y PIB 12.99
30-Y PIB 13.10
Capital Market Overview

Market watch: Dull start to the week as stocks go into correction mode

The first trading day of the week started on a dull note and soon succumbed to an overdue corrective momentum. At close, the Karachi Stock Exchange’s (KSE) benchmark 100-share index fell 1.23% or 332.29 points to end at 26,670.60. more... (ET)

News Clippings

China gives first installment of $448m for Neelum-Jhelum project

In a major development, China’s Export Import Bank (EXIM) has provided the first installment of a $448 million loan to Pakistan for the Rs278 billion Neelum-Jhelum hydropower project. The first installment of $17 million has been released by the Chinese bank. more... (N)

PKR slides add Rs 1.9 trillion to debt

Finance Ministry has informed the National Assembly that devaluation/depreciation of the exchange rate has added Rs 1.9 trillion to the country's foreign debt pile during the last five years with a whooping Rs 403 billion during the first five months of the present government alone. more... (BR)

Trading in government securities on bourse: Dar chairs meeting to finalise soft launch

inance Minister Ishaq Dar Monday presided over a meeting of representatives of capital market institutions, Ministry of Finance and the State Bank of Pakistan to finalise the soft launch of trading of government securities in the stock exchange from January 31, 2014. more... (N)

‘Balance of payments crisis to persist over next nine months’

Pakistan’s balance of payment (BoP) difficulties will continue to persist over the next nine months as the IMF will take back more money from Islamabad than provide under the $6.67 billion Extended Fund Facility (EFF), official data available with The News revealed. more... (BR)

LNG import: SSGC, ECC likely to award $1.4b contract today

The board of directors of Sui Southern Gas Company (SSGC) is set to meet today (Tuesday) and give its seal of approval to a draft agreement for liquefied natural gas (LNG) services with Engro Vopak Terminal Limited (EVTL), which will set up a handling facility and initially import 200 million cubic feet per day. more... (ET)

‘FMCGs witnessing impressive FDI inflows’

Pakistan’s fast moving consumer goods (FMCG) sector has been witnessing impressive inflows of foreign investment due to rising consumerism in urban, semi-urban and rural areas, according to the annual report of the central bank. more... (N)

EFF talks in Dubai

A Pakistan team led by the Finance Minister Ishaq Dar will leave for Dubai on February 2nd, 2014, to conduct the second quarterly review with the International Monetary Fund staff under a three-year Extended Fund Facility. more... (BR)

NAVs and Returns
as of January 27, 2014
Funds Offer Redemption
POGSF
10.3275/-
10.3275/-
YTD Return
6.24%
POAIIF
53.1366/-
52.6052/-
YTD Return
3.39%
POAAAF
56.90/-
55.48/-
YTD Return
9.06%
POIAAF
59.50/-
58.01/-
YTD Return
9.23%
POAF
10.94/-
YTD Return
7.49%

 

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 17, 2014)
$8.17bn
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) 95.87
Gold Spot(USD/oz) 1,257.10
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.