BasedLine

Date:28-Feb-2014
KSE-100 Index
 
Previous Index 25,500.50
Current Index 25,478.93
Change % -0.08
YTD (CY14)% 0.86
YTD (FY14)% 21.30
Volume (mn) 87.97
Capitilization (USDbn) 15.49
FIPI (USDmn)(Daily) 3.00
FIPI (USDmn) (YTD) 21.38

 

KSE-100 Index
Previous Index 42,388.30
Current Index 42,311.50
Change % -0.18
YTD (CY14)% -0.28
YTD (FY14)% 15.25
Volume (mn) 30.55
Capitilization (USDbn) 8.10

International Indicators
 
Close
%age
BSE-30 20,986.99 0.65
HANGSENG 22,828.18 1.74
NIKKEI 225 14,923.11 -0.32
FTSE 6,810.27 0.16
DJIA 16,272.65 0.46
SSEC 2,047.35 0.30
NASDAQ 4,318.93 0.63

 
Close
%age
TASI 9,106.55 0.53
KSE(Kuwait) 7,692.75 -0.46
BSE 1,372.67 -0.35
MSM 7,113.87 0.16
ADX 4,958.66 -0.54
DFM 4,220.45 0.53
QSE 11,771.83 -0.57

KIBOR
 
%age
3 Months 10.08
6 Months 10.14
12 Months 10.44

T-Bills
%age
3 Months 9.90
6 Months 9.94
12 Months 9.98

Bonds
 
%age
3-Y PIB 11.99
5-Y PIB 12.46
10-Y PIB 12.83
20-Y PIB 13.06
30-Y PIB 13.16
Capital Market Overview

Market watch : Fall continues for the stock exchange

It was another listless day at the local bourse with the index closing down in red. The Karachi Stock Exchange’s (KSE) benchmark 100-share index fell 0.08% or 21.57 points to end at 25,478.93. more... (ET)

News Clippings


Pak-India trade normalisation deal cleared

An inter-ministerial panel co-chaired by Finance Minister, Senator Ishaq and Commerce Minister, Engineer Khurram Dastgir on Thursday cleared the long-stalled trade normalisation deal with India. more... (BR)


Forex reserves up to $8.65bn

Pakistan’s total liquid foreign exchange reserves increased by $66 million to $8.65 billion during the week ended February 21, compared with $7.99 billion in the previous week. more... (N)


Mining firm intends to invest $4bn

An international mining exploration and development company is interested to invest over four billion dollars in the mining sector of Pakistan. more... (N)


Meezan Bank in pole position to acquire HSBC Pakistan

Meezan Bank Limited appeared to be in pole position on Thursday to acquire a multinational’s operations in Pakistan as the State Bank of Pakistan (SBP) granted it permission to conduct due diligence of HSBC Pakistan’s operations. more... (N)

T-bills: Government raises record Rs449b through PIBs

The government raised a record Rs449 billion in the last two auctions of Pakistan Investment Bonds (PIBs) held in the previous two months – an amount that exceeds the target of Rs120 billion. more... (ET)


Trade ties: Argentina asks businessmen to diversify exports

Argentine Ambassador Rodolfo Martin Saravia has underlined the need for making efforts to enhance exchange of trade delegations and interaction between private sectors of Pakistan and Argentina. more... (ET)


China delegation sees ‘huge potential’ in Pakistan

Good prospects are increasingly prompting Chinese entrepreneurs to come and invest in Pakistan, said Cen Hongkai, Deputy Secretary General of Zhongshan Municipal People’s government here Thursday. more... (N)

NAVs and Returns
as of February 27, 2014
Funds Offer Redemption
POGSF
10.3863/-
10.3863/-
YTD Return
6.31%
POAIIF
53.4387/-
52.9043/-
YTD Return
3.83%
POAAAF
55.18/-
53.80/-
YTD Return
5.76%
POIAAF
59.39/-
57.91/-
YTD Return
9.04%
POAF
10.97/-
YTD Return
7.07%

 

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 21, 2014)
$8.65bn
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) 101.98
Gold Spot(USD/oz) 1,331.29
Cement (Rs./Bag) 517.47
Coal Spot(USD/ton) 76.35
Urea Fertilizer (Rs/bag) 1,863.85
DAP (Rs./bag) 1,888.87
KCA Cotton (Rs/mound) 6,900.00

 

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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.