BasedLine

Date:31-Jan-2014
KSE-100 Index
 
Previous Index 26,595.63
Current Index 26,607.64
Change % 0.05
YTD (CY14)% 5.33
YTD (FY14)% 26.67
Volume (mn) 183.81
Capitilization (USDbn) 15.31
FIPI (USDmn)(Daily) -0.87
FIPI (USDmn) (YTD) 15.51

 

KSE-100 Index
Previous Index 43,730.82
Current Index 43,710.26
Change % -0.05
YTD (CY14)% 3.01
YTD (FY14)% 19.06
Volume (mn) 47.84
Capitilization (USDbn) 8.10

International Indicators
 
Close
%age
BSE-30 20,498.25 -0.72
HANGSENG 22,035.42 -0.48
NIKKEI 225 15,007.06 -2.45
FTSE 6,538.45 -0.09
DJIA 15,848.61 0.70
SSEC 2,033.08 -0.34
NASDAQ 4,123.13 1.77

 
Close
%age
TASI 8,760.62 0.65
KSE(Kuwait) 7,755.80 -0.15
BSE 1,294.33 0.35
MSM 7,087.32 -0.41
ADX 4,673.07 0.26
DFM 3,770.38 -0.60
QSE 11,155.73 -0.78

KIBOR
 
%age
3 Months 10.14
6 Months 10.19
12 Months 10.47

T-Bills
%age
3 Months 9.98
6 Months 9.99
12 Months 10.01

Bonds
 
%age
3-Y PIB 11.97
5-Y PIB 12.40
10-Y PIB 12.79
20-Y PIB 12.94
30-Y PIB 13.08
Capital Market Overview

Market watch: Index edges up in listless trading

The index saw another listless day after it closed marginally in green but rebounded from 26,500, a level considered an important support by the chartists. At close, the Karachi Stock Exchange’s (KSE) benchmark 100-share index edged up 0.05% or 12.01 points to end at 26,607.64. more... (ET)

News Clippings

Forex reserves slip below $8 billion

The country's liquid foreign exchange reserves fell below $8 billion, down by $174.5 million during last week The State Bank of Pakistan on Thursday reported that the country's total forex reserves declined to $7.99 billion as on January 24, 2014, compared to $8.168 billion a week earlier. more... (BR)

Pakistani exports to EU likely to reach $2 billion: envoy

The European Union (EU) has estimated that Pakistan’s exports would go up in the range of $700 million to two billion dollars on annual basis in the wake of GSP Plus status. more... (N)

H1 revenue target agreed with IMF not achieved: authorities face harsh questions

Pakistani authorities are likely to face some harsh questions given the failure of the FBR to achieve the downward revised revenue target agreed with the IMF for the first six months during the second review of the $6.4 billion Extended Fund Facility (EFF). more... (BR)

Japanese business growth survey ranks Pakistan second in the world

Pakistan has been ranked second in the world in terms of business growth in a survey conducted by the Japan External Trade Organization (JETRO), the News has learnt. more... (N)

Telecom sector in the limelight

Pakistan’s telecom sector is in the limelight because of the upcoming spectrum auction for next-generation mobile internet services, Topline Securities said in a report on Thursday. more... (ET)

Implementation of WTO rules to boost Indo-Pak trade: Indian HC

Indian High Commissioner, Dr T C A Raghavan , said that trade between Pakistan and India would be enhanced by implementing the World Trade Organisation (WTO) rules and regulations. In this context, he said the new name to Most-Favoured Nation (MFN), as non-discriminatory market access (NDMA) will make no difference. more... (BR)

Work on Thar coal project finally starts

It is finally happening. A long-awaited work in the Tharparkar district to spud out coal, after a study in early 1990s showed billions of tons of underlying reserves, starts today. And this is the actual physical work that involves hundreds of labourers and heavy-duty machinery to remove the sand. more... (ET)

NAVs and Returns
as of January 30, 2014
Funds Offer Redemption
POGSF
10.3309/-
10.3309/-
YTD Return
6.21%
POAIIF
53.1963/-
52.6643/-
YTD Return
3.54%
POAAAF
57.16/-
55.73/-
YTD Return
9.55%
POIAAF
59.68/-
58.19/-
YTD Return
9.57%
POAF
10.94/-
YTD Return
7.47%

 

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 24, 2014)
$7.99bn
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) 98.08
Gold Spot(USD/oz) 1,242.43
Cement (Rs./Bag) 517.24
Coal Spot(USD/ton) 80.40
Urea Fertilizer (Rs/bag) 1,881.15
DAP (Rs./bag) 1,888.87
KCA Cotton (Rs/mound) 7,050.00

 

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.