BasedLine

Date:11-Apr-2014
KSE-100 Index
 
Previous Index 28,941.01
Current Index 29,250.54
Change % 1.07
YTD (CY14)% 15.79
YTD (FY14)% 39.25
Volume (mn) 247.30
Capitilization (USDbn) 17.55
FIPI (USDmn)(Daily) 6.49
FIPI (USDmn) (YTD) 77.96

 

KSE-100 Index
Previous Index 46,949.79
Current Index 47,316.66
Change % 0.78
YTD (CY14)% 11.51
YTD (FY14)% 28.88
Volume (mn) 124.71
Capitilization (USDbn) 8.93

International Indicators
 
Close
%age
BSE-30 22,715.33 0.06
HANGSENG 23,186.96 1.51
NIKKEI 225 14,300.12 0.01
FTSE 6,641.97 0.10
DJIA 16,170.22 -1.62
SSEC 2,134.30 1.38
NASDAQ 4,054.11 -3.10

 
Close
%age
TASI 9,508.57 -0.36
KSE(Kuwait) 7,573.84 0.03
BSE 1,382.19 -0.45
MSM 6,809.37 0.04
ADX 5,171.90 2.04
DFM 4,839.39 1.11
QSE 12,397.21 0.18

KIBOR
 
%age
3 Months 10.21
6 Months 10.20
12 Months 10.46

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

Bonds
 
%age
3-Y PIB 12.01
5-Y PIB 12.48
10-Y PIB 12.83
20-Y PIB 13.11
30-Y PIB 13.20
Capital Market Overview

Market watch: Index enters unchartered territory

The index finished yet another session on a higher note, sustaining the bullish momentum. At the end of the day, the Karachi Stock Exchange’s (KSE) benchmark 100-share index rose 1.07% or 309.53 points to end at 29,250.54. more... (ET)

News Clippings

Trade deficit down by 5.5 percent

Pakistan’s nine-month trade deficit is $13.93 billion - 5.5 percent less as compared to the same period last year, as per the Pakistan Bureau of Statistics (PBS) report. more... (N)

Forex reserves cross $9.713 billion mark

The total liquid foreign exchange reserves of the country stand at $9.71305 billion, said State Bank of Pakistan (SBP). According to SBP's weekly statement here on Thursday, the forex reserves held by State Bank on April 4, amounted to $4.94302 billion and the net foreign reserves held by banks figured $4.77003 billion. more... (BR)

Investment in Pakistan: Li urged to persuade Chinese companies

Prime Minister Nawaz Sharif urged Premier Li Keqiang to encourage Chinese companies to invest in Pakistan, especially in energy and infrastructure. more... (BR)

Bilateral Investment Treaty: Pakistan, US agree to continue engagement

Finance Minister Ishaq Dar and US Under Secretary for Economic Growth Catherine Novelli held an initial discussion about elements that could be included in a joint plan to expand trade and investment flows over the next five years. more... (BR)

World Bank to give $115.8m to KPT

The World Bank is ready to provide $115.8 million to the Karachi Port Trust (KPT) for improvement of port project, which comprises reconstruction of berths 15-17A and institutional strengthening studies, a statement said on Thursday. more... (N)

Remittances surge to $11.58bn

Remittances sent home by overseas Pakistani workers increased by 11.87 percent to $11.58 billion during the nine months of the current fiscal year against $10.35 billion during the same period of the last fiscal year, the State Bank of Pakistan reported on Thursday. more... (N)

Pakistan’s public debt to rise in 2014: World Bank

The cap on Pakistan’s public debt — currently at 60 percent of GDP — will be breached again by end of 2014, a World Bank (WB) report available with the News revealed on Thursday. more... (N)

NAVs and Returns
as of April 10, 2014
Funds Offer Redemption
POGSF
10.4927/-
10.4927/-
YTD Return
6.73%
POAIIF
53.7438/-
53.2064/-
YTD Return
4.01%
POAAAF
55.75/-
54.36/-
YTD Return
6.86%
POIAAF
60.54/-
59.03/-
YTD Return
11.15%
POAF
11.12/-
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
(April 04, 2014)
$9.71bn
Trade Deficit
(Jul-Mar 14)
$(13.93)bn
Curr. A/C
(Jul-Feb 14)
$(2.02)bn
Remittances
(Jul-Mar 14)
$11.6bn
FDI (Jul-Feb 14) $606.3mn
CPI Gen. - YoY
(Mar-14)
8.53%
CPI Gen. - FY14
(Jul-Mar 14)
8.65%

Commodities
 
WTI (USD/bbl) 103.16
Gold Spot(USD/oz) 1,320.07
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.