BasedLine

Date:10-Apr-2014
KSE-100 Index
 
Previous Index 28,653.37
Current Index 28,941.01
Change % 1.00
YTD (CY14)% 14.57
YTD (FY14)% 37.78
Volume (mn) 236.39
Capitilization (USDbn) 17.37
FIPI (USDmn)(Daily) 5.90
FIPI (USDmn) (YTD) 71.46

 

KSE-100 Index
Previous Index 46,552.59
Current Index 46,949.79
Change % 0.85
YTD (CY14)% 10.65
YTD (FY14)% 27.88
Volume (mn) 109.05
Capitilization (USDbn) 8.86

International Indicators
 
Close
%age
BSE-30 22,702.34 1.61
HANGSENG 22,843.17 1.09
NIKKEI 225 14,299.69 -2.10
FTSE 6,635.61 0.68
DJIA 16,437.18 1.11
SSEC 2,105.24 0.33
NASDAQ 4,183.90 1.72

 
Close
%age
TASI 9,543.11 -0.23
KSE(Kuwait) 7,571.61 0.36
BSE 1,388.46 0.29
MSM 6,806.55 -0.02
ADX 5,068.28 1.23
DFM 4,786.32 0.90
QSE 12,375.03 1.52

KIBOR
 
%age
3 Months 10.20
6 Months 10.19
12 Months 10.46

T-Bills
%age
3 Months 9.98
6 Months 9.99
12 Months 10.00

Bonds
 
%age
3-Y PIB 12.04
5-Y PIB 12.51
10-Y PIB 12.86
20-Y PIB 13.11
30-Y PIB 13.20
Capital Market Overview

Market watch: Index inches towards another landmark

The index continued its momentum, closing at a record high as foreigners’ buying kept momentum. At the end of the day, the Karachi Stock Exchange’s (KSE) benchmark 100-share index rose 1% or 287.64 points to end at 28,941.01. more... (ET)

News Clippings

World Bank to provide $10 billion: response to sovereign paper unprecedented: Dar

Finance Minister Ishaq Dar has said the World Bank will provide 10 billion dollars to Pakistan for development projects over the next five years. Addressing a US Think-Tank in Washington, he said economic indicators in Pakistan have improved with 6.2 percent increase in exports and 11 percent increase in foreign remittances in the current fiscal year. more... (BR)

World Bank forecasts four percent growth

The World Bank (WB) has projected Pakistan GDP growth rate for the fiscal year 2014 at four percent to be driven by less loadshedding, resilient remittance flows, manufacturing export performance and a dynamic service sector. more... (BR)

Dubai Investment Conference: Qaim Ali Shah expects to get huge foreign investment

Sindh can expect to receive billions of dollars of foreign investment for the province during the next three years. This was disclosed by Sindh Chief Minister Syed Qaim Ali Shah in Dubai. more... (BR)

State Bank hints at lowering discount rate

The State Bank of Pakistan (SBP) on Wednesday hinted at lowering the discount rate on the sustainable single digit inflation figure. more... (N)

Single attempt: Pakistan raises $2b through Euro bonds

In the largest-ever single transaction, Pakistan has been able to raise $2 billion from international debt markets through the issuance of five- and 10-year dollar-denominated Euro bonds, taking a giant step towards meeting an International Monetary Fund (IMF) condition of increasing its gross official reserves to $9 billion. more... (ET)

US participation in Dasu, Diamer-Basha projects important: Dar

Pakistan on Wednesday underscored the importance of US participation in various energy related projects especially Dasu and Diamer-Basha hydel projects during the working group meeting on economy and finance in Washington. more... (ET)

Banks under threat: Govt may find it hard to repay debt, says WB

While striking a note of optimism about growth prospects, the World Bank warned on Wednesday that Pakistan’s private banks may suffer at the hands of the government that could face difficulties in repaying the debt acquired for budget financing. more... (ET)

NAVs and Returns
as of April 09, 2014
Funds Offer Redemption
POGSF
10.4895/-
10.4895/-
YTD Return
6.74%
POAIIF
53.7292/-
53.1919/-
YTD Return
4.01%
POAAAF
55.37/-
53.99/-
YTD Return
6.74%
POIAAF
60.11/-
58.61/-
YTD Return
10.36%
POAF
11.11/-
YTD Return
7.63%

 

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) 103.28
Gold Spot(USD/oz) 1,315.68
Cement (Rs./Bag) 517.82
Coal Spot(USD/ton) 73.05
Urea Fertilizer (Rs/bag) 1,838.46
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.