BasedLine

Date:20-Feb-2014
KSE-100 Index
 
Previous Index 25,884.38
Current Index 25,686.93
Change % -0.76
YTD (CY14)% 1.69
YTD (FY14)% 22.29
Volume (mn) 122.82
Capitilization (USDbn) 15.61
FIPI (USDmn)(Daily) 0.62
FIPI (USDmn) (YTD) 23.34

 

KSE-100 Index
Previous Index 42,887.69
Current Index 42,434.56
Change % -1.06
YTD (CY14)% 0.01
YTD (FY14)% 15.58
Volume (mn) 50.98
Capitilization (USDbn) 8.13

International Indicators
 
Close
%age
BSE-30 20,722.97 0.43
HANGSENG 22,664.52 0.34
NIKKEI 225 14,766.53 -0.52
FTSE 6,796.71 1.09
DJIA 16,040.56 -0.56
SSEC 2,142.55 1.11
NASDAQ 4,237.95 -0.82

 
Close
%age
TASI 8,967.62 0.12
KSE(Kuwait) 7,797.26 -0.14
BSE 1,358.14 0.81
MSM 7,189.22 0.41
ADX 4,883.18 0.26
DFM 4,152.39 -0.58
QSE 11,822.78 1.13

KIBOR
 
%age
3 Months 10.12
6 Months 10.16
12 Months 10.45

T-Bills
%age
3 Months 9.91
6 Months 9.96
12 Months 10.00

Bonds
 
%age
3-Y PIB 12.01
5-Y PIB 12.43
10-Y PIB 12.81
20-Y PIB 13.04
30-Y PIB 13.14
Capital Market Overview

Market watch: Stock market continues decline amid lack of good news

The stock market continued its fall through result announcements. Late selling managed to reverse opening gains as players like Hub Power Compay hit lower locks on disappointing results, but financials were able to creep higher. The Karachi Stock Exchange’s (KSE) benchmark 100-share index fell 0.76% or 197.45 points to end at 25,686.93. more... (ET)

News Clippings


Current account deficit widens to $2.05 billion

Pakistan’s current account deficit widened sharply to $2.05 billion in the first seven months of the current fiscal, as compared to $441 million in the same period last year, data issued by the State Bank of Pakistan showed on Wednesday. more... (N)


China to build Gwadar airport, upgrade KKH

Long-time allies Pakistan and China signed agreements Wednesday to build a new airport and upgrade the fabled Karakorum Highway as part of efforts to build an "economic corridor" through rugged mountains and regions torn by insurgent violence. more... (BR)


Govt raises Rs319bn in T-bills

The government raised Rs319 billion on Wednesday from the sale of Treasury Bills (T-bills) that was much below the target of Rs500 billion, a statement said. more... (N)

Power struggle: Ignoring oil ministry, Dar restores gas supply

The power struggle among cabinet members seemed to be intensifying just a few days after the petroleum ministry’s decision to suspend gas supply to the industries in Punjab, as Finance Minister Ishaq Dar ordered the restoration of supplies. more... (N)


Govt releases Rs440m for Production Division

The government has released Rs440.006 million for the Ministry of Production Division under its Public Sector Development Programme (PSDP) for the fiscal year 2013-14 of the total allocations of Rs1,100.004 million allocated for various development projects. more... (N)


CASA-1000 prospects hit by snags

The future of CASA-1000 (Central Asia-South Asia) electricity trade project still faces a number of snags despite signing of a much-awaited resolution by the Energy Ministers of Afghanistan, Pakistan, Kyrgyzstan and Tajikistan in Washington. more... (BR)


Ties with India: Free trade will not eliminate any industry, says FPCCI

Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Vice President Sheikh Imtiaz Ahmed has said that free trade with India will not eliminate any industry or hurt the agriculture sector. more... (ET)

NAVs and Returns
as of February 19, 2014
Funds Offer Redemption
POGSF
10.3710/-
10.3710/-
YTD Return
6.29%
POAIIF
53.2642/-
52.7310/-
YTD Return
3.44%
POAAAF
55.39/-
54.01/-
YTD Return
6.17%
POIAAF
59.06/-
57.58/-
YTD Return
8.42%
POAF
10.96/-
YTD Return
7.09%

 

Funds Rating
AMC
AM3-
POAIIF
AA-(f)
POAF
A+ (f)
POAAAF
2 Star
POIAAF
4 Star
POGSF
AA(f)

  Jan-14 Dec-13
MoM (%)
AUM's (PKR bn) 394.60 388.26 1.63
No of AMCs 23 23 0.00
No of Funds 192 193 -0.52

Economic Highlights
 
GDP Growth FY13 3.60%
Per Capita Income $1,380
Reserves
(February 07, 2014)
$7.59bn
Trade Deficit
(Jul-Jan 14)
$(11.11)bn
Curr. A/C
(Jul-Jan 14)
$(2.05)bn
Remittances
(Jul-Jan 14)
$9.00bn
FDI (Jul-Jan 14) $523mn
CPI Gen. - YoY
(Jan-14)
7.91%
CPI Gen. - FY14
(Jul-Jan 14)
8.75%

Commodities
 
WTI (USD/bbl) 103.08
Gold Spot(USD/oz) 1,311.17
Cement (Rs./Bag) 517.82
Coal Spot(USD/ton) 75.80
Urea Fertilizer (Rs/bag) 1,884.82
DAP (Rs./bag) 1,888.87
KCA Cotton (Rs/mound) 7,000.00

 

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.