BasedLine

Date:03-Apr-2014
KSE-100 Index
 
Previous Index 27,565.50
Current Index 27,932.02
Change % 1.33
YTD (CY14)% 10.57
YTD (FY14)% 32.97
Volume (mn) 164.60
Capitilization (USDbn) 16.77
FIPI (USDmn)(Daily) 8.06
FIPI (USDmn) (YTD) 36.47

 

KSE-100 Index
Previous Index 45,368.34
Current Index 45,918.69
Change % 1.21
YTD (CY14)% 8.22
YTD (FY14)% 25.07
Volume (mn) 103.37
Capitilization (USDbn) 8.70

International Indicators
 
Close
%age
BSE-30 22,551.49 0.47
HANGSENG 22,523.94 0.34
NIKKEI 225 14,946.32 1.04
FTSE 6,659.04 0.10
DJIA 16,573.00 0.24
SSEC 2,058.99 0.56
NASDAQ 4,276.46 0.20

 
Close
%age
TASI 9,537.83 0.23
KSE(Kuwait) 7,570.52 0.16
BSE 1,364.14 0.29
MSM 6,798.16 -0.36
ADX 4,955.12 0.02
DFM 4,576.31 1.23
QSE 11,939.95 0.29

KIBOR
 
%age
3 Months 10.16
6 Months 10.17
12 Months 10.46

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

Bonds
 
%age
3-Y PIB 12.01
5-Y PIB 12.49
10-Y PIB 12.86
20-Y PIB 13.11
30-Y PIB 13.20
Capital Market Overview

Market watch: Index closes strong, nears 28,000 mark

The index closed strong with reports of the country’s weight in the MSCI Frontier Market Index possibly increasing to over 8% during the May 2014 review, bringing forth renewed excitement. At close, the Karachi Stock Exchange’s (KSE) benchmark 100-share index rose 1.33% or 366.52 points to end at 27,932.02. more... (ET)

News Clippings

Infrastructure uplift: World Bank for raising investment to 10 percent of GDP by 2020

Pakistan would require increasing its infrastructure development investment from existing 3 percent of the GDP to 10 percent by 2020 to bridge the gap and bring its infrastructure to the standard needed to serve its growing population, revealed a World Bank report on South Asia infrastructure. more... (BR)

Serious delay in disbursements: about $1.9 billion foreign inflows received so far

Pakistan is facing serious delays in foreign assistance inflows from some multilateral and bilateral donors and received about $1.9 billion against budgeted $5.74 billion (33 per cent) in the current fiscal year 2013-14. more... (BR)

Middle Eastern banks invited to invest in treasury bills

Federal Minister for Finance, Ishaq Dar on Wednesday invited Middle Eastern banks to invest in treasury bills. Dar, who is currently visiting the United Arab Emirates, mentioned during his briefing to bankers that it was the first time that the government had listed treasury bills for trading on the stock exchange. more... (BR)

Two hydropower projects: Credit Facility Agreements signed with France

Nargis Sethi, Secretary of Economic Affairs Division (EAD), Philippe Thiebaud, Ambassador of France, and Denis CASSAT, Country Director of the French Development Agency (AFD), signed the Credit Facility Agreements (CFAs) for the establishment of two hydropower projects in Pakistan here on Wednesday. more... (BR)

Between July 1 and March 21: Govt borrowing 350% higher, central bank data shows

Net federal government borrowings from the central bank for budgetary support have reached Rs848.2 billion since the start of the current fiscal year, according to data recently released by the State Bank of Pakistan (SBP). more... (ET)

Exploring iron ore reserves in Chiniot: Punjab government, Chinese company sign deal

A historic agreement was signed between Punjab government and Chinese Company, Metallurgical Corporation of China for exploring iron ore reserves in Rajua (Chiniot) at Chiniot Wednesday. more... (BR)

Reviving RPPs: US-based firm seeks to restart power project

Following government’s decision to bring some rental power plants (RPPs) back on track, US-based Walters Power International (WPI) has approached the Ministry of Finance. more... (ET)

NAVs and Returns
as of April 02, 2014
Funds Offer Redemption
POGSF
10.4846/-
10.4846/-
YTD Return
6.82%
POAIIF
53.6816/-
53.1448/-
YTD Return
3.97%
POAAAF
55.25/-
53.87/-
YTD Return
5.90%
POIAAF
60.32/-
58.81/-
YTD Return
10.73%
POAF
11.10/-
YTD Return
7.64%

 

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 31, 2014)
$10.07bn
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
(Mar-14)
8.53%
CPI Gen. - FY14
(Jul-Feb 14)
8.65%

Commodities
 
WTI (USD/bbl) 99.40
Gold Spot(USD/oz) 1,292.27
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.