BasedLine

Date:07-Feb-2014
KSE-100 Index
 
Previous Index 26,751.45
Current Index 26,862.51
Change % 0.42
YTD (CY14)% 6.34
YTD (FY14)% 27.88
Volume (mn) 145.15
Capitilization (USDbn) 15.60
FIPI (USDmn)(Daily) 0.27
FIPI (USDmn) (YTD) 22.73

 

KSE-100 Index
Previous Index 44,258.64
Current Index 44,399.13
Change % 0.32
YTD (CY14)% 4.64
YTD (FY14)% 20.93
Volume (mn) 52.65
Capitilization (USDbn) 8.19

International Indicators
 
Close
%age
BSE-30 20,310.74 0.25
HANGSENG 21,423.13 0.72
NIKKEI 225 14,155.12 -0.18
FTSE 6,558.28 1.55
DJIA 15,628.53 1.22
SSEC 2,028.35 -0.23
NASDAQ 4,057.12 1.14

 
Close
%age
TASI 8,819.31 0.30
KSE(Kuwait) 7,832.00 0.37
BSE 1,304.18 0.32
MSM 7,106.50 0.16
ADX 4,721.72 0.71
DFM 3,931.44 1.45
QSE 11,192.21 0.52

KIBOR
 
%age
3 Months 10.14
6 Months 10.18
12 Months 10.46

T-Bills
%age
3 Months 9.96
6 Months 9.99
12 Months 10.01

Bonds
 
%age
3-Y PIB 11.95
5-Y PIB 12.45
10-Y PIB 12.79
20-Y PIB 12.97
30-Y PIB 13.09
Capital Market Overview

Market watch: Bourse back on bull track

The stock market recovered in line with the regional markets, closing higher on Thursday but trading remained lacklustre as most of the volumes were recorded in third-tier stocks. The Karachi Stock Exchange’s (KSE) benchmark 100-share index rose 0.42% or 111.06 points to end at 26,862.51. more... (ET)

News Clippings

Foreign assistance: Govt receives only 26% of projected funds in first half

Pakistan remains in firefighting mode despite availing a $6.7 billion loan from the International Monetary Fund (IMF), as the country received about $1.5 billion or one-fourth of the projected annual foreign funding in the first half of the current fiscal year, underscoring grave challenges for the government in balancing its books. more... (ET)

Forex reserves rise to $8bn

Pakistan’s foreign exchange reserves marginally increased by $24 million to $8.017 billion during the week ended January 31 as compared to $7.993 billion in the previous week, the central bank said on Thursday. more... (N)

Financial relations: Pakistan, India to open bank branches soon

The federal government’s net borrowing from the State Bank of Pakistan (SBP) for budgetary support amounted to Rs725.5 billion during July 1 and January 24 in the current fiscal year, according to data released by the central bank on Tuesday. more... (ET)

FDI: Movenpick to invest $30m in Pakistan

Undeterred by lawlessness, crime and terrorism in the city, Mövenpick Hotels and Resorts is going to invest up to $30 million in the next few years to renovate its Karachi property. more... (ET)

Dubai Islamic bank willing to help Pakistan float sukuk bonds

Dubai Islamic Bank (DIB) on Thursday expressed desire to help promote Islamic banking in Pakistan and was ready to assist in floating the country’s Sukuk bonds, and showed an interest in the upcoming disinvestment process of public sector entities. more... (ET)

Dynamic profit rates recommended to boost savings

Though the National Savings Schemes (NSS) play an important role in mobilising retail savings, a report of the finance ministry has recommended that the rate of profit on the schemes should be more dynamic and closely aligned to the domestic market yield curve to avoid interest rate arbitrage. more... (D)

Thar coal contract: SHC orders re-evaluation of complainant’s bid

The Sindh High Court (SHC) has directed Sindh Engro Coal Mining Company (SECMC) to re-evaluate the bid offered by Reliance Consultancy and Engineering Works Limited for the award of a contract for the open cast lignite mine of Thar block-II. more... (ET)

NAVs and Returns
as of February 06, 2014
Funds Offer Redemption
POGSF
10.3457/-
10.3457/-
YTD Return
6.25%
POAIIF
53.2466/-
52.7141/-
YTD Return
3.58%
POAAAF
57.20/-
55.77/-
YTD Return
9.63%
POIAAF
60.17/-
58.67/-
YTD Return
10.47%
POAF
10.94/-
YTD Return
7.25%

 

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 31, 2014)
$8.02bn
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
(Jan-14)
7.91%
CPI Gen. - FY14
(Jul-Jan 14)
8.75%

Commodities
 
WTI (USD/bbl) 97.69
Gold Spot(USD/oz) 1,261.56
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.