BasedLine

Date:12-Mar-2014
KSE-100 Index
 
Previous Index 27,176.26
Current Index 27,309.02
Change % 0.49
YTD (CY14)% 8.11
YTD (FY14)% 30.01
Volume (mn) 217.03
Capitilization (USDbn) 16.53
FIPI (USDmn)(Daily) 2.98
FIPI (USDmn) (YTD) 28.97

 

KSE-100 Index
Previous Index 45,599.06
Current Index 45,730.45
Change % 0.29
YTD (CY14)% 7.78
YTD (FY14)% 24.56
Volume (mn) 106.51
Capitilization (USDbn) 8.68

International Indicators
 
Close
%age
BSE-30 21,826.42 -0.49
HANGSENG 22,269.61 0.02
NIKKEI 225 15,224.11 0.69
FTSE 6,685.52 -0.06
DJIA 16,351.25 -0.41
SSEC 2,001.16 0.11
NASDAQ 4,307.19 -0.63

 
Close
%age
TASI 9,354.55 0.12
KSE(Kuwait) 7,520.16 0.38
BSE 1,387.37 0.59
MSM 7,077.51 -0.20
ADX 4,782.60 -0.96
DFM 4,091.62 -1.40
QSE 11,509.16 -1.56

KIBOR
 
%age
3 Months 10.12
6 Months 10.15
12 Months 10.44

T-Bills
%age
3 Months 9.97
6 Months 9.95
12 Months 9.97

Bonds
 
%age
3-Y PIB 11.66
5-Y PIB 12.18
10-Y PIB 12.62
20-Y PIB 12.90
30-Y PIB 13.00
Capital Market Overview

Market watch: Rupee’s strength, rising reserves spur index

The index opened on a positive note and tested new highs, with sentiments upbeat over the strengthening rupee and substantial improvement in forex reserves in the last one month. The Karachi Stock Exchange’s (KSE) benchmark 100-share index rose 0.49% or 132.76 points to end at 27,309.02. more... (ET)

News Clippings

Rise in forex reserves: mystery shrouds identity of source

The net foreign exchange reserves with State Bank of Pakistan (SBP) showed an increase of $1.03 billion during the second and third weeks of February 2014 and provided a meaningful strength to rupee against dollar. more... (BR)

Foreign remittances reach $10bn

Overseas Pakistani workers remitted $10.2 billion in the first eight months of the current fiscal year (July-Feb FY14), up 10.95 percent over $9.2 billion received during the corresponding period of the last fiscal. more... (N)

Govt launches assistance fund

The Nawaz Sharif government has decided to launch a development fund, the Pakistan Development Fund (PDF), with an aim to lure friendly countries to provide assistance to Islamabad in exchange for executing infrastructure development projects. more... (N)

SECP registers 427 new limited liability firms

The Securities and Exchange Commission of Pakistan (SECP) registered 427 new limited liability companies in February, raising the total corporate portfolio to 62,865 companies. more... (N)

Trade with China crossed $14bn

Zakaria Usman, president of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), on Tuesday said that the total volume of Pakistan-China trade crossed $14 billion. more... (N)

EDB prepares five-year draft automotive development policy

The Enginee-ring Development Board (EDB) has prepared a five-year draft Automotive Development Policy (ADP 2014-19), which envisages incentives for the new investors, tightening the screw on existing 'exploitive cartel' and import of used cars. more... (BR)

Capacity of nine Discos strengthened by USAID

USAID’s Power Distribution Programme (PDP) is assisting nine government-owned power distribution companies (Discos) by strengthening the capacity of their planning and engineering departments to overcome the current energy shortfall. more... (N)

NAVs and Returns
as of March 11, 2014
Funds Offer Redemption
POGSF
10.4221/-
10.4221/-
YTD Return
6.53%
POAIIF
53.5241/-
52.9889/-
YTD Return
3.88%
POAAAF
55.54/-
54.15/-
YTD Return
6.45%
POIAAF
59.75/-
58.26/-
YTD Return
9.70%
POAF
11.00/-
YTD Return
7.10%

 

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-Feb 14)
$10.2bn
FDI (Jul-Jan 14) $523mn
CPI Gen. - YoY
(Feb-14)
7.93%
CPI Gen. - FY14
(Jul-Feb 14)
8.65%

Commodities
 
WTI (USD/bbl) 99.54
Gold Spot(USD/oz) 1,357.75
Cement (Rs./Bag) 518.47
Coal Spot(USD/ton) 74.30
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.