BasedLine

Date:14-Mar-2014
KSE-100 Index
 
Previous Index 27,115.20
Current Index 27,083.12
Change % -0.12
YTD (CY14)% 7.21
YTD (FY14)% 28.93
Volume (mn) 187.53
Capitilization (USDbn) 16.34
FIPI (USDmn)(Daily) -4.10
FIPI (USDmn) (YTD) 24.08

 

KSE-100 Index
Previous Index 45,343.48
Current Index 45,392.73
Change % 0.11
YTD (CY14)% 6.98
YTD (FY14)% 23.64
Volume (mn) 100.23
Capitilization (USDbn) 8.39

International Indicators
 
Close
%age
BSE-30 21,774.61 -0.37
HANGSENG 21,756.08 -0.67
NIKKEI 225 14,815.98 -0.10
FTSE 6,553.78 -1.01
DJIA 16,108.89 -1.41
SSEC 2,019.11 1.07
NASDAQ 4,260.42 -1.46

 
Close
%age
TASI 9,386.08 0.37
KSE(Kuwait) 7,454.50 -0.65
BSE 1,374.80 0.01
MSM 7,062.88 -0.09
ADX 4,753.79 2.23
DFM 3,980.94 1.15
QSE 11,343.38 -0.05

KIBOR
 
%age
3 Months 9.91
6 Months 9.96
12 Months 10.24

T-Bills
%age
3 Months 9.72
6 Months 9.68
12 Months 9.75

Bonds
 
%age
3-Y PIB 11.34
5-Y PIB 11.90
10-Y PIB 12.32
20-Y PIB 12.74
30-Y PIB 12.87
Capital Market Overview

Market watch: Index stays in red awaiting monetary policy announcement

Index traded mixed, settling lower as investors opted to remain on the sidelines before the monetary policy announcement due on Saturday. The Karachi Stock Exchange’s (KSE) benchmark 100-share index fell 0.12% or 32.09 points to end at 27,083.12. more... (ET)

News Clippings

Hubco plans to set up 600MW coal plant

The Hub Power Company (Hubco) has decided to set up a new imported coal-based power generation plant of 600MW capacity with an investment of $800 million. more... (N)

K-Electric to set up 660MW plant

K-Electric, formerly Karachi Elect ric Supply Company (KESC), on Thursday announced that the company is on its way to facilitate setting up of a 660MW green field coal-fired power plant, on the basis of Built Operate and Transfer. more... (N)

IMF praises rupee appreciation

International Monetary Fund (IMF) Thursday welcomed appreciation in rupee value and asked State Bank of Pakistan (SBP) to take advantage of this trend and rebuild foreign exchange reserves. more... (BR)

CDWP approves projects worth Rs1 billion

Central Development Working Party (CDWP) approved projects worth Rs1 billion on Thursday, the News has learnt. more... (N)

Spectrum auction on April 23: Govt concedes to cellular companies’ demands

The federal government has given major concessions to mobile cellular companies, allowing them to pay the price of third and fourth-generation spectrum licences (3G and 4G) in Pakistani rupee instead of US dollars, besides agreeing to an 18-month freeze on any new auction. more... (ET)

Fuel price adjustment: Electricity tariff shoots up by Rs2.24 per unit

The National Electric Power Regulatory Authority (Nepra) has allowed power distribution companies to increase electricity tariff by a hefty Rs2.24 per unit on account of fuel price adjustment for January. more... (ET)

FPCCI’s joint business councils widen trade deficit

The formation of joint business councils under the umbrella of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has resulted in widening of the trade deficit or fall in exports with the countries by way of opening doors for imported goods into Pakistan. more... (N)

NAVs and Returns
as of March 13, 2014
Funds Offer Redemption
POGSF
10.4398/-
10.4398/-
YTD Return
6.72%
POAIIF
53.5414/-
53.0060/-
YTD Return
3.90%
POAAAF
55.36/-
53.98/-
YTD Return
6.11%
POIAAF
59.71/-
58.22/-
YTD Return
9.62%
POAF
11.01/-
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-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) 98.17
Gold Spot(USD/oz) 1,371.90
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.