BasedLine

Date:14-Apr-2014
KSE-100 Index
 
Previous Index 29,250.54
Current Index 29,249.44
Change % -0.01
YTD (CY14)% 15.79
YTD (FY14)% 39.25
Volume (mn) 225.13
Capitilization (USDbn) 17.55
FIPI (USDmn)(Daily) 7.87
FIPI (USDmn) (YTD) 85.83

 

KSE-100 Index
Previous Index 47,316.66
Current Index 47,226.00
Change % -0.19
YTD (CY14)% 11.30
YTD (FY14)% 28.63
Volume (mn) 86.89
Capitilization (USDbn) 8.91

International Indicators
 
Close
%age
BSE-30 22,628.96 -0.38
HANGSENG 23,003.64 -0.79
NIKKEI 225 13,960.05 -2.38
FTSE 6,561.70 -1.21
DJIA 16,026.75 -0.89
SSEC 2,130.54 -0.18
NASDAQ 3,999.73 -1.34

 
Close
%age
TASI 9,424.95 -0.88
KSE(Kuwait) 7,560.22 -0.18
BSE 1,380.42 -0.13
MSM 6,821.04 0.17
ADX 5,162.92 -0.17
DFM 4,759.15 -1.66
QSE 12,225.19 -1.39

KIBOR
 
%age
3 Months 10.19
6 Months 10.19
12 Months 10.45

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

Bonds
 
%age
3-Y PIB 12.00
5-Y PIB 12.50
10-Y PIB 12.82
20-Y PIB 13.11
30-Y PIB 13.21
Capital Market Overview

Weekly review: KSE-100 enters new territory

Investors remained in a jubilant mood as the stock market’s rally entered its third week with the benchmark KSE-100 index climbing 841 points (3%) to close at a record high of 29,249 during the week ended April 11. more... (ET)

News Clippings

Diamer-Bhasha Dam: opportunity of innovative financing being explored

Finance Minister Ishaq Dar and Dr Rajiv Shah, Administrator USAID on Sunday agreed that, with positive mood on the turnaround in Pakistani economy and successful launch of Eurobond, it is an opportune moment to explore innovative financing for Diamir Bhasha Dam. more... (BR)

Procurement of locomotive: IDB to invest $264 million

Islamic Development Bank (IDB) is likely to invest $264 million dollar for procurement of locomotives and doubling of track. Government of Japan through Japan International Co-operation Agency (JICA) has also shown interest to revitalisation of Karachi Circular Railway (KCR) at an estimated cost of $2.6 billion. more... (BR)

Pakistan to become eligible for IBRD loans

Pakistan is soon expected to become eligible for loans from the International Bank for Reconstruction and Development (IBRD), which would enable it to undertake major projects, says a statement issued by the Pakistan Embassy after a meeting with senior bank officials. more... (D)

Govt borrowing from State Bank falls by Rs500bn

The government succeeded to slash its borrowing from the State Bank by half a trillion rupees signalling that a serious effort is there to minimise the budget deficit. more... (D)

Plan to establish national dredging company

A national dredging company is being set up by the country’s major ports in collaboration with the Pakistan National Shipping Corporation (PNSC) which would help save millions of dollars being spent annually on maintenance and capital dredging. more... (D)

IMF sees surge in Pak economy

The International Monitory Fund (IMF) says the Nawaz Sharif government has cut the load shedding hours and Pakistan has seen a surge in its economy. The IMF said the government has collected more taxes and it seems economic reforms will continue. more... (N)

Transition: Concrete framework required with 3G arrival

The Pakistan Telecommuni­cation Authority (PTA) is taking the next step towards high-speed internet and long-term evolution (LTE) networks. more... (ET)

NAVs and Returns
as of April 11, 2014
Funds Offer Redemption
POGSF
10.4945/-
10.4945/-
YTD Return
6.73%
POAIIF
53.7512/-
53.2137/-
YTD Return
4.02%
POAAAF
55.62/-
54.23/-
YTD Return
6.61%
POIAAF
60.45/-
58.94/-
YTD Return
10.98%
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) 104.28
Gold Spot(USD/oz) 1,326.49
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.