BasedLine

Date:11-Mar-2014
KSE-100 Index
 
Previous Index 26,892.23
Current Index 27,176.26
Change % 1.06
YTD (CY14)% 7.58
YTD (FY14)% 29.38
Volume (mn) 165.74
Capitilization (USDbn) 16.45
FIPI (USDmn)(Daily) -2.33
FIPI (USDmn) (YTD) 25.99

 

KSE-100 Index
Previous Index 44,903.73
Current Index 45,599.06
Change % 1.55
YTD (CY14)% 7.47
YTD (FY14)% 24.20
Volume (mn) 89.49
Capitilization (USDbn) 8.66

International Indicators
 
Close
%age
BSE-30 21,934.83 0.07
HANGSENG 22,264.93 -1.75
NIKKEI 225 15,120.14 -1.01
FTSE 6,689.45 -0.35
DJIA 16,418.68 -0.21
SSEC 2,005.31 -2.56
NASDAQ 4,334.45 -0.04

 
Close
%age
TASI 9,343.78 -0.07
KSE(Kuwait) 7,491.86 -0.32
BSE 1,379.27 0.62
MSM 7,091.84 0.06
ADX 4,828.75 -1.01
DFM 4,149.81 0.22
QSE 11,692.12 0.43

KIBOR
 
%age
3 Months 10.12
6 Months 10.14
12 Months 10.41

T-Bills
%age
3 Months 9.94
6 Months 9.96
12 Months 9.99

Bonds
 
%age
3-Y PIB 11.84
5-Y PIB 12.35
10-Y PIB 12.72
20-Y PIB 13.02
30-Y PIB 13.11
Capital Market Overview

Market watch: New week, new high for index

Index gained strength on the back of further rupee appreciation in the interbank market as investors expected exchange gains to further augment earnings in the coming quarters. The Karachi Stock Exchange’s (KSE) benchmark 100-share index rose 1.06% or 284.03 points to end at 27,176.26. more... (ET)

News Clippings

Pakistan Development Fund: Another tranche of $750m makes way into public purse

As the State Bank of Pakistan remains tightlipped over the source and purpose of funding, Pakistan received another tranche of $750 million in the newly-established Pakistan Development Fund (PDF). more... (ET)

Forex reserves improve

Forex reserves of Pakistan have improved substantially in the last one month, according to a press releaseforex. The Reserves of the country have improved from US $7.59 billion on 07 February 2014 to US $9.37 billion on 07 Mar 2014. more... (BR)

Trade deficit down by 4.89 percent in July-February

The country's trade deficit narrowed down by 4.89 per cent in July-February 2013-14, as compared to the corresponding period of last fiscal year. The provisional data released by Pakistan Bureau of Statistics shows that trade deficit declined to $12.54 billion in July-February 2013-14. more... (BR)

Investment potential: Estonia expresses interest in Pakistan’s energy, ICT sectors

Special Representative of Estonia to Pakistan Vaino Reinart on Monday expressed keen interest in Pakistan’s energy and information and communications technology (ICT) sectors, citing their great investment potential. more... (ET)

Pakistan, Qatar discuss joint investment in energy sector

Minister for Petroleum and Natural Resources Shahid Khaqan Abbasi and Qatari Minister for Energy and Industry, Dr Muhammad bin Sale-Al-Sada discussed pros and cons of Liquefied Natural Gas (LNG). more... (DT)

Canadian oil firm wraps up Pakistani operations

As Canadian-based firm Asia Resources Oil Limited (AROL) decides to divest interest in all its assets in Pakistan, Pakistan Petroleum Limited (PPL) has decided to acquire shares in three of its fields with potential reserves of tight and shale gas. more... (ET)

LNG terminal: draft agreement signed

After two days of marathon meetings between Port Qasim Authority's Chairman Aga Jan Akhtar and Elengy Terminal Pakistan Ltd, the draft agreement for the construction of LNG terminal was initialled by the two sides on Sunday. more... (BR)

NAVs and Returns
as of March 10, 2014
Funds Offer Redemption
POGSF
10.4145/-
10.4145/-
YTD Return
6.44%
POAIIF
53.5157/-
52.9805/-
YTD Return
3.87%
POAAAF
55.60/-
54.21/-
YTD Return
6.57%
POIAAF
59.78/-
58.29/-
YTD Return
9.75%
POAF
11.00/-
YTD Return
7.11%

 

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)
$9.37bn
Trade Deficit
(Jul-Feb 14)
$(12.54)bn
Curr. A/C
(Jul-Jan 14)
$(2.05)bn
Remittances
(Jul-Jan 14)
$9.00bn
FDI (Jul-Jan 14) $523mn
CPI Gen. - YoY
(Feb-14)
7.93%
CPI Gen. - FY14
(Jul-Feb 14)
8.65%

Commodities
 
WTI (USD/bbl) 101.17
Gold Spot(USD/oz) 1,341.61
Cement (Rs./Bag) 518.47
Coal Spot(USD/ton) 76.35
Urea Fertilizer (Rs/bag) 1,846.89
DAP (Rs./bag) 1,888.87
KCA Cotton (Rs/mound) 6,850.00

 

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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.