BasedLine

Date:13-Feb-2014
KSE-100 Index
 
Previous Index 26,240.41
Current Index 26,677.27
Change % 1.66
YTD (CY14)% 5.61
YTD (FY14)% 27.00
Volume (mn) 171.24
Capitilization (USDbn) 16.21
FIPI (USDmn)(Daily) -2.24
FIPI (USDmn) (YTD) 22.54

 

KSE-100 Index
Previous Index 43,439.86
Current Index 44,121.83
Change % 1.57
YTD (CY14)% 3.98
YTD (FY14)% 20.18
Volume (mn) 68.63
Capitilization (USDbn) 8.20

International Indicators
 
Close
%age
BSE-30 20,448.49 0.42
HANGSENG 22,285.79 1.47
NIKKEI 225 14,800.06 0.56
FTSE 6,675.03 0.04
DJIA 15,963.94 -0.19
SSEC 2,109.96 0.30
NASDAQ 4,201.29 0.24

 
Close
%age
TASI 8,912.58 0.60
KSE(Kuwait) 7,861.02 0.05
BSE 1,314.94 0.15
MSM 7,159.68 0.23
ADX 4,868.42 -0.06
DFM 4,047.35 -0.44
QSE 11,452.97 0.80

KIBOR
 
%age
3 Months 10.14
6 Months 10.16
12 Months 10.45

T-Bills
%age
3 Months 9.91
6 Months 9.96
12 Months 9.99

Bonds
 
%age
3-Y PIB 12.04
5-Y PIB 12.48
10-Y PIB 12.82
20-Y PIB 13.05
30-Y PIB 13.15
Capital Market Overview

Market watch: Buoyed by positive news, bourse rebounds

The index closed higher as the market rebounded, buoyed by positive news on macros with the United States’ coalition funds flow and encouraging remittances number helping confidence. At close, the Karachi Stock Exchange’s (KSE) benchmark 100-share index jumped 1.66% or 436.86 points to end at 26,677.27. more... (ET)

News Clippings


Jamshoro power plant: $900 million loan accord inked with ADB

Asian Development Bank (ADB) would provide a dollars 900 million loan to Pakistan for Jamshoro coal-fired power project designed to add 1200MW relatively cheap electricity to the national grid. more... (BR)


Trade deficit touches $11.11 billion

The country’s economy has racked up a massive $11.11 billion trade deficit during the first seven months of the outgoing fiscal year. However, the trade deficit is 4.55 percent less than the $11.638 billion recorded in same period last year, the Pakistan Bureau of Statistics (PBS) reported Wednesday. more... (N)

Lifeline project: ECNEC puts off decision on Dasu Dam, seeks cost revision

The country’s highest project approval body on Wednesday deferred a decision on the 4,600-megawatt Dasu hydropower project after finding its cost exorbitantly higher at Rs735 billion – an issue that the Ministry of Water and Power is reluctant to address despite earlier warnings. more... (ET)

Pak-India business forums to promote trade: KCCI

The Karachi Chamber of Commerce and Industry (KCCI) and the Federation of Indian Micro and Small & Medium Enterprises (FISME) signed a Memorandum of Understanding (MoU) on Wednesday for facilitating the business communities and promoting small and Medium enterprises in both countries. more... (N)

Promoting trade: Pakistan-Italy trade relations booming

Italy has always shown a keen interest in the Pakistani market and has positioned itself among the top 10 global trading partners of Pakistan. The $1.2-billion bilateral trade between the two countries in 2013. more... (ET)


Power sector: recovery of billed amount declines to 75 percent

Finance Minister Ishaq Dar has admitted that recovery of the billed amount in the power sector has declined to 75 percent from 87 percent and maintained that minister for water and power has been directed to improve recovery. more... (BR)

KMTC plans BRT project in Karachi

The Karachi Mass Transit Cell (KMTC) is planning to set up a bus rapid transit (BRT) project. more... (N)

NAVs and Returns
as of February 12, 2014
Funds Offer Redemption
POGSF
10.3554/-
10.3554/-
YTD Return
6.24%
POAIIF
53.2890/-
52.7561/-
YTD Return
3.62%
POAAAF
56.98/-
55.56/-
YTD Return
9.22%
POIAAF
60.13/-
58.63/-
YTD Return
10.39%
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-Jan 14)
$(11.11)bn
Curr. A/C
(Jul-Dec 13)
$(1.59)bn
Remittances
(Jul-Jan 14)
$9.00bn
FDI (Jul-Dec 13) $416mn
CPI Gen. - YoY
(Jan-14)
7.91%
CPI Gen. - FY14
(Jul-Jan 14)
8.75%

Commodities
 
WTI (USD/bbl) 99.97
Gold Spot(USD/oz) 1,290.99
Cement (Rs./Bag) 517.82
Coal Spot(USD/ton) 76.85
Urea Fertilizer (Rs/bag) 1,884.82
DAP (Rs./bag) 1,888.87
KCA Cotton (Rs/mound) 7,000.00

 

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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.