BasedLine

Date:11-Feb-2014
KSE-100 Index
 
Previous Index 26,681.78
Current Index 26,255.21
Change % -1.60
YTD (CY14)% 3.94
YTD (FY14)% 24.99
Volume (mn) 168.61
Capitilization (USDbn) 15.25
FIPI (USDmn)(Daily) -0.43
FIPI (USDmn) (YTD) 24.91

 

KSE-100 Index
Previous Index 44,090.97
Current Index 43,473.85
Change % -1.40
YTD (CY14)% 2.46
YTD (FY14)% 18.41
Volume (mn) 67.82
Capitilization (USDbn) 8.02

International Indicators
 
Close
%age
BSE-30 20,334.27 -0.21
HANGSENG 21,579.26 -0.27
NIKKEI 225 14,718.34 1.77
FTSE 6,591.55 0.30
DJIA 15,801.79 0.05
SSEC 2,086.07 2.03
NASDAQ 4,148.18 0.54

 
Close
%age
TASI 8,873.95 0.09
KSE(Kuwait) 7,841.69 -0.27
BSE 1,311.25 0.02
MSM 7,159.55 0.09
ADX 4,896.15 1.45
DFM 4,025.69 1.29
QSE 11,361.62 0.49

KIBOR
 
%age
3 Months 10.13
6 Months 10.16
12 Months 10.44

T-Bills
%age
3 Months 9.95
6 Months 9.99
12 Months 10.01

Bonds
 
%age
3-Y PIB 12.04
5-Y PIB 12.49
10-Y PIB 12.79
20-Y PIB 12.98
30-Y PIB 13.11
Capital Market Overview

Market watch: Institutional selling wipes over 400 points off index

The stock market tumbled on the first day of the week, pulling the KSE 100-share index down by more than 400 points or 1.6% on institutional selling. At the close, the Karachi Stock Exchange’s (KSE) benchmark 100-share index stood lower by 1.67% or 426.57 points to end at 26,255.21 on Monday. more... (ET)

News Clippings


IMF not imposing privatisation agenda: Franks

International Monetary Fund (IMF) hopes that Pakistan will be out of troubled waters in one year if Government of Pakistan (GoP) and State Bank of Pakistan (SBP) continue to implement agreed time bound reforms. more... (BR)


CCI decides to privatise Discos, Gencos

The Council of Common Interests (CCI), which met with Prime Minister Nawaz Sharif in the chair approved issuance of sovereign guarantee for Thar coal mining projects and decided to privatise Discos and Gencos. more... (BR)

Swedish envoy asks businesses to increase exports

Swedish Ambassador Tomas Rosader has urged exporters to diversify their exports to Sweden as well as to the European Union (EU) after the grant of GSP Plus status to Pakistan. more... (ET)

Pakistan must study impact of MFN status

The government of Pakistan should carefully study the grievances of all sectors before granting MFN status to India, said faculty members at the Lahore University of Management Sciences (LUMS). more... (N)

Monetary policy: Analysts revise policy rate expectation for remainder of FY14

With lower than expected inflation numbers for two consecutive months, analysts have now revised their expectation of a policy rate hike in the remainder of the current fiscal year – something they believed was inevitable just a few months ago. more... (ET)


Borrowing limit: government papers' auction to help meet IMF target

Pakistan has assured the International Monetary Fund (IMF) that the auction for Treasury Bills, Pakistan Investment Bonds (PIBs) and Ijara Sukuk would enable the country to meet the Fund programme target of ceiling on government borrowing from the central bank, it is learnt. more... (BR)

Consumer credit likely to go up 8pc

Consumer credit is likely to rise modestly by five to eight percent this year as demand for personal loans, credit card borrowing and retail finance is growing, said bankers and financial analysts. more... (N)

NAVs and Returns
as of February 10, 2014
Funds Offer Redemption
POGSF
10.3508/-
10.3508/-
YTD Return
6.22%
POAIIF
53.2752/-
52.7424/-
YTD Return
3.61%
POAAAF
56.17/-
54.77/-
YTD Return
7.67%
POIAAF
59.69/-
58.20/-
YTD Return
9.58%
POAF
10.95/-
YTD Return
7.24%

 

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) 100.07
Gold Spot(USD/oz) 1,284.35
Cement (Rs./Bag) 517.24
Coal Spot(USD/ton) 80.40
Urea Fertilizer (Rs/bag) 1,879.00
DAP (Rs./bag) 1,888.87
KCA Cotton (Rs/mound) 6,950.00

 

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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.