BasedLine

Date:18-Mar-2014
KSE-100 Index
 
Previous Index 27,124.47
Current Index 27,229.10
Change % 0.39
YTD (CY14)% 7.79
YTD (FY14)% 29.63
Volume (mn) 153.02
Capitilization (USDbn) 16.36
FIPI (USDmn)(Daily) -0.90
FIPI (USDmn) (YTD) 23.39

 

KSE-100 Index
Previous Index 45,588.55
Current Index 45,587.15
Change % -0.003
YTD (CY14)% 7.44
YTD (FY14)% 24.17
Volume (mn) 55.41
Capitilization (USDbn) 8.62

International Indicators
 
Close
%age
BSE-30 21,809.80 0.16
HANGSENG 21,473.95 -0.30
NIKKEI 225 14,277.67 -0.35
FTSE 6,568.35 0.62
DJIA 16,247.22 1.13
SSEC 2,023.67 0.96
NASDAQ 4,279.22 0.80

 
Close
%age
TASI 9,368.03 -0.12
KSE(Kuwait) 7,409.38 -0.33
BSE 1,370.93 -0.34
MSM 6,994.86 -0.44
ADX 4,822.72 1.92
DFM 4,124.77 1.63
QSE 11,401.65 0.62

KIBOR
 
%age
3 Months 9.92
6 Months 9.94
12 Months 10.25

T-Bills
%age
3 Months 9.97
6 Months 9.97
12 Months 9.99

Bonds
 
%age
3-Y PIB 11.68
5-Y PIB 12.23
10-Y PIB 12.68
20-Y PIB 13.01
30-Y PIB 13.11
Capital Market Overview

Market watch: Index rises on positive sentiment, stable monetary policy

Backed by favourable macro-economic data and news of the monetary policy remaining stable, the stock market managed to close positive again. The surge was mostly led by the financial sector and third-tier stocks. The Karachi Stock Exchange’s (KSE) benchmark 100-share index rose 0.39% or 104.63 points to end at 27,229.10. more... (ET)

News Clippings

LSM posted over 6pc growth in 7 months

Country’s Large Scale Manufacturing (LSM) sector has posted impressive growth of over six percent during seven months (July-January) of the current financial year over a year ago owing to improved energy situation and business-friendly policies of the incumbent government. more... (TN)

Sharp boost in reserves is credit positive: Moody's

The Pakistan (Caa1 negative) central bank last Friday announced that the country's total liquid foreign exchange reserves had risen to $9.4 billion as of 7 March, from $7.6 billion a month earlier. more... (BR)

US firms eager to boost investment

Proctor and Gamble is expanding its business by making additional investments in Pakistan, said a member of the board of directors at the US-Pakistan Business Council, Carolyn Brehm here on Monday. more... (N)

Dasu Hydel Project: World Bank ‘expected’ to approve assistance for dam

World Bank (WB) Country Director, Rachid Benmessaoud on Monday said that the international lender is expected to approve assistance for Dasu Hydel Power Project. more... (ET)

SBP blocks sale of Meezan Bank stake

Kuwait’s Noor Financial Investment Co said the proposed sale of its stake in Meezan Bank had been blocked by the central bank, which felt the prospective buyer had not met its standards for suitability. more... (N)

TDAP should evolve export strategy for China

Pak-China Joint Chamber of Commerce and Industry (PCJCCI) President Shah Faisal Afridi has urged Trade Development Authority of Pakistan (TDAP) chief S M Munir to evolve an exclusive export development strategy for China to exploit the true potential of Pakistani products in China. more... (N)

660 megawatts coal power plant: PPIB to ink MoU with Chinese company today

The Private Power Infrastructure Board (PPIB) and Chinese company Gehzuoba is to ink a pact on Tuesday (today) for the setting up of four 660 MW coal-fired power plants at Gaddani with an investment of $3.5 billion. more... (BR)

NAVs and Returns
as of March 17, 2014
Funds Offer Redemption
POGSF
10.4448/-
10.4448/-
YTD Return
6.69%
POAIIF
53.5702/-
53.0345/-
YTD Return
3.92%
POAAAF
55.37/-
53.99/-
YTD Return
6.13%
POIAAF
59.83/-
58.33/-
YTD Return
9.83%
POAF
11.05/-
YTD Return
7.47%

 

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
(March 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-Feb 14) $606.3mn
CPI Gen. - YoY
(Feb-14)
7.93%
CPI Gen. - FY14
(Jul-Feb 14)
8.65%

Commodities
 
WTI (USD/bbl) 98.00
Gold Spot(USD/oz) 1,359.84
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.