BasedLine

Date:03-Feb-2014
KSE-100 Index
 
Previous Index 26,607.64
Current Index 26,784.34
Change % 0.66
YTD (CY14)% 6.03
YTD (FY14)% 27.51
Volume (mn) 194.27
Capitilization (USDbn) 15.58
FIPI (USDmn)(Daily) 2.96
FIPI (USDmn) (YTD) 18.47

 

KSE-100 Index
Previous Index 43,710.26
Current Index 44,186.56
Change % 1.09
YTD (CY14)% 4.14
YTD (FY14)% 20.35
Volume (mn) 113.00
Capitilization (USDbn) 8.18

International Indicators
 
Close
%age
BSE-30 20,513.85 0.08
HANGSENG 22,035.42 -0.48
NIKKEI 225 14,914.53 -0.62
FTSE 6,510.44 -0.43
DJIA 15,698.85 -0.94
SSEC 2,033.08 -0.34
NASDAQ 4,103.88 -0.47

 
Close
%age
TASI 8,835.12 0.85
KSE(Kuwait) 7,810.11 0.70
BSE 1,291.17 -0.24
MSM 7,092.53 0.07
ADX 4,692.88 0.42
DFM 3,754.43 -0.42
QSE 11,173.97 0.16

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

T-Bills
%age
3 Months 9.97
6 Months 9.99
12 Months 10.01

Bonds
 
%age
3-Y PIB 11.96
5-Y PIB 12.40
10-Y PIB 12.81
20-Y PIB 12.95
30-Y PIB 13.09
Capital Market Overview

Weekly review: KSE-100 sheds 218 points amid regional turmoil

The KSE-100 fell victim to regional pressures as stock indices across emerging markets fell as the United States’ Federal Reserve announced a tapering in its bond-buying activities. The KSE-100 index was relatively unscathed as it suffered a decline of 218 points (0.8%) to close at 26,784, well below the 27,000 mark more... (ET)

News Clippings


Pakistan may seek IMF waiver on borrowing

Pakistan will have to seek waiver on performance criteria from the IMF on net borrowing from State Bank of Pakistan (SBP) for obtaining the next tranche of $545 million from the IMF. more... (N)

Capitalising on: GSP Plus – for three or ten years

After winning the Generalised Scheme of Preferences (GSP) Plus status from the European Union (EU), the debate about how long Pakistan will be enjoying the facility has gained significant importance. more... (ET)


Oil imports: Govt to take higher credit ceiling plea to gulf states

Pakistan has decided to approach four Gulf Arab countries, including the world’s largest oil exporter Saudi Arabia, to seek an increase in the credit limit on oil imports in an effort to ease pressure on its weakening foreign currency reserves. more... (ET)

Financial market: Will equity funds manage to attract investment again?

Is the setback that mutual fund investors received following the closure of the Karachi Stock Exchange (KSE) for over three-and-a-half months in 2008 finally wearing off? more... (ET)

Risk-based ST registration system launched

The Federal Board of Revenue (FBR) has launched a new risk-based sales tax registration system - 'REGSYS' (computerised system for registration of taxpayers) to expedite ST registration process in 2014 Sources told Business Recorder here on Sunday that the FBR would issue a notification in this regard on February 3 (Monday) for the general public. more... (BR)

Banks’ liquidity crunch may worsen

Massive outflows from banks have put them in the same position as they had been during the five years of the previous government. During the last fiscal year (2012-13) the banks were facing a liquidity gap of Rs600bn and, according to an analyst, the situation could be worse this time if the banks invest more in next auction of treasury bills to be held on Feb 4. more... (D)

Circular debt resurfaces: Provinces run up Rs500b power debt

The Water and Power Ministry on Friday informed the National Assembly that around Rs500 billon is outstanding against various organisations and provincial governments, which is the main reason for a ballooning circular debt. more... (ET)

NAVs and Returns
as of January 31, 2014
Funds Offer Redemption
POGSF
10.3334/-
10.3334/-
YTD Return
6.22%
POAIIF
53.2031/-
52.6711/-
YTD Return
3.54%
POAAAF
57.51/-
56.07/-
YTD Return
10.22%
POIAAF
60.05/-
58.55/-
YTD Return
10.24%
POAF
10.94/-
YTD Return
7.45%

 

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) 97.16
Gold Spot(USD/oz) 1,244.55
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

 

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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.