BasedLine

Date:19-Mar-2014
KSE-100 Index
 
Previous Index 27,229.10
Current Index 27,246.97
Change % 0.07
YTD (CY14)% 7.86
YTD (FY14)% 29.71
Volume (mn) 128.99
Capitilization (USDbn) 16.37
FIPI (USDmn)(Daily) -1.81
FIPI (USDmn) (YTD) 21.57

 

KSE-100 Index
Previous Index 45,587.15
Current Index 45,654.81
Change % 0.15
YTD (CY14)% 7.60
YTD (FY14)% 24.35
Volume (mn) 41.27
Capitilization (USDbn) 8.51

International Indicators
 
Close
%age
BSE-30 21,832.61 0.10
HANGSENG 21,583.50 0.51
NIKKEI 225 14,411.27 0.94
FTSE 6,605.28 0.56
DJIA 16,336.19 0.55
SSEC 2,025.20 0.08
NASDAQ 4,333.31 1.26

 
Close
%age
TASI 9,331.69 -0.39
KSE(Kuwait) 7,457.87 0.65
BSE 1,373.80 0.21
MSM 7,017.93 0.33
ADX 4,848.29 0.53
DFM 4,234.39 2.66
QSE 11,418.76 0.15

KIBOR
 
%age
3 Months 10.06
6 Months 10.09
12 Months 10.41

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

Bonds
 
%age
3-Y PIB 11.60
5-Y PIB 12.20
10-Y PIB 12.67
20-Y PIB 12.99
30-Y PIB 13.11
Capital Market Overview

Market watch: Led by oil and finance, index closes slightly positive

The index opened positive and continued its uptrend trend led by select oil names and financials. At close, the Karachi Stock Exchange’s (KSE) benchmark 100-share index rose 0.07% or 17.87 points to end at 27,246.97. more... (ET)

News Clippings

Current account gap widens to $2.02 billion in eight months

Pakistan ran up a current account deficit of $2.02 billion during the first eight months of the current fiscal as against a deficit of $831 for the corresponding year in previous fiscal year, showed data issued by the State Bank of Pakistan on Tuesday. more... (N)

Portion of $1.5 billion to be utilised to limit fiscal deficit

The government may have no other option but to utilise a significant portion of $1.5 billion Saudi 'gift' to Pakistan to limit the fiscal deficit at around 6 per cent for the current fiscal year to achieve the performance benchmark of International Monetary Fund (IMF) under Extended Fund Facility (EFF). more... (BR)

Pakistan, Bahrain sign six documents

Prime Minister Muhammad Nawaz Sharif has said that Pakistan and Bahrain enjoy close and cordial relations based on mutual trust and understanding. more... (BR)

Pakistan, Finland plan business summit

Pakistan and Finland will hold a business summit in the near future in an attempt to push bilateral trade and economic ties, which is high on the agenda, says Rauli Suikkanen, Ambassador of Finland to Pakistan. more... (ET)

Coal-based ventures: Chinese firm eyes up to four plants at Gadani Power Park

A Chinese company has expressed keen interest in setting up power plants with a total production capacity of 2,640 megawatts in Gadani, Balochistan and the venture will lead to an investment of $4 billion. more... (ET)

Huge revenue loss: major budgetary steps to be reversed

The Federal Board of Revenue (FBR) is likely to reverse some major budgetary measures (2013-14), including capacity tax on beverage sector, FED slabs on cigarettes favouring MNCs and Sales Tax Special Procedure for different sectors such as steel, in next budget (2014-15) to reverse the trend of revenue loss of billions of rupees. more... (BR)

Pak-Iran meeting on gas pipeline soon: diplomat

The fate of Pakistan-Iran gas pipeline project will be decided during a meeting between the Iranian president and Pakistani prime minister to be held in Tehran soon, says Iranian Consul General in Lahore Mohammad Hossain Bani Asadi. more... (D)

NAVs and Returns
as of March 18, 2014
Funds Offer Redemption
POGSF
10.4468/-
10.4468/-
YTD Return
6.69%
POAIIF
53.5774/-
53.0416/-
YTD Return
3.92%
POAAAF
55.43/-
54.04/-
YTD Return
6.23%
POIAAF
60.33/-
58.82/-
YTD Return
10.75%
POAF
11.05/-
YTD Return
7.46%

 

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-Feb 14)
$(2.02)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) 99.47
Gold Spot(USD/oz) 1,357.46
Cement (Rs./Bag) 518.29
Coal Spot(USD/ton) 74.30
Urea Fertilizer (Rs/bag) 1,840.00
DAP (Rs./bag) 1,888.87
KCA Cotton (Rs/mound) 6,700.00

 

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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.