BasedLine

Date:01-Apr-2014
KSE-100 Index
 
Previous Index 27,116.13
Current Index 27,159.91
Change % 0.16
YTD (CY14)% 7.52
YTD (FY14)% 29.30
Volume (mn) 88.88
Capitilization (USDbn) 16.25
FIPI (USDmn)(Daily) 7.58
FIPI (USDmn) (YTD) 22.79

 

KSE-100 Index
Previous Index 44,488.95
Current Index 44,607.78
Change % 0.27
YTD (CY14)% 5.13
YTD (FY14)% 21.50
Volume (mn) 46.00
Capitilization (USDbn) 8.43

International Indicators
 
Close
%age
BSE-30 22,386.27 0.21
HANGSENG 22,151.06 0.39
NIKKEI 225 14,827.83 0.90
FTSE 6,598.37 -0.26
DJIA 16,457.66 0.82
SSEC 2,033.31 -0.41
NASDAQ 4,198.99 1.04

 
Close
%age
TASI 9,473.71 0.11
KSE(Kuwait) 7,572.81 -0.15
BSE 1,356.91 0.94
MSM 6,856.89 -0.84
ADX 4,894.42 -0.13
DFM 4,451.00 0.29
QSE 11,639.79 0.67

KIBOR
 
%age
3 Months 10.18
6 Months 10.18
12 Months 10.47

T-Bills
%age
3 Months 10.03
6 Months 10.00
12 Months 10.00

Bonds
 
%age
3-Y PIB 11.97
5-Y PIB 12.47
10-Y PIB 12.83
20-Y PIB 13.11
30-Y PIB 13.20
Capital Market Overview

Market watch: Index closes in black on IMF’s positive review

The index opened green with the latest International Monetary Fund (IMF) review on Pakistan pointing to an overall improved economic scenario. The Karachi Stock Exchange’s (KSE) benchmark 100-share index rose 0.16% or 43.78 points to end at 27,159.91. more... (ET)

News Clippings

Roadshows in six major world cities: MoF sees $500 million inflows via Eurobonds

The government would hold roadshows in six major international cities from April 2, 2014 to invite/attract potential investors for making investment in government papers to mobilise $500 million, it is learnt. Sources said Finance Minister Ishaq Dar has already left for Dubai on March 30, 2014 to hold first roadshow on April 2. more... (BR)

Outlook stable: S&P affirms Pakistan’s ratings at ‘B-/B’

Standard and Poor’s ratings agency has affirmed ‘B-’ long-term and ‘B’ short-term sovereign credit ratings on Pakistan with a stable outlook. more... (ET)

Development budget: Govt decides to earmark Rs86b for ‘new initiatives’

The federal government has decided to allocate almost one-fifth of next year’s proposed Rs506 billion development budget for implementing ruling party’s manifesto, moving away from the strategy of giving almost the entire budget to ongoing schemes for speedy completion. more... (ET)

Foreign investment: Repatriation of profits stronger and higher

Total repatriation of profits on foreign investments amounted to $728 million in the first eight months of 2013-14, up 32.8% from the corresponding period of the preceding fiscal year, according to data released by the State Bank of Pakistan (SBP). more... (ET)

Nine months of FY14: FBR pockets Rs1.57t, falls short of parliament’s target

Amid politically-motivated concessions extended by the government so far, tax authorities have collected Rs1.57 trillion in the first nine months of the fiscal year, falling short of the parliament’s approved target but remaining in line with the International Monetary Fund’s projections. more... (ET)

Challenges ahead for capital-deficient banks: SBP

Capital deficient banks will continue to face challenges during the current calendar year due to persistent macroeconomic issues and the implementation of the Basel III regulatory framework. more... (N)

Reorganisation: OICCI shares tax proposals, urges restructuring

The Overseas Investors Chamber of Commerce and Industry (OICCI) has urged the government to restructure the taxation system and facilitate investment and economic activities in the country. more... (ET)

NAVs and Returns
as of March 31, 2014
Funds Offer Redemption
POGSF
10.4691/-
10.4691/-
YTD Return
6.67%
POAIIF
53.6673/-
53.1306/-
YTD Return
3.96%
POAAAF
54.81/-
53.44/-
YTD Return
5.05%
POIAAF
59.94/-
58.44/-
YTD Return
10.04%
POAF
11.09/-
YTD Return
7.65%

 

Funds Rating
AMC
AM3-
POAIIF
AA-(f)
POAF
A+ (f)
POAAAF
2 Star
POIAAF
4 Star
POGSF
AA(f)

  Feb-14 Jan-13
MoM (%)
AUM's (PKR bn) 404.36 394.60 2.72
No of AMCs 23 23 0.00
No of Funds 193 193 0.00

Economic Highlights
 
GDP Growth FY13 3.60%
Per Capita Income $1,380
Reserves
(March 21, 2014)
$9.14bn
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) 101.37
Gold Spot(USD/oz) 1,285.02
Cement (Rs./Bag) 518.24
Coal Spot(USD/ton) 72.90
Urea Fertilizer (Rs/bag) 1,840.00
DAP (Rs./bag) 1,888.87
KCA Cotton (Rs/mound) 6,550.00

 

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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.