BasedLine

Date:22-Apr-2014
KSE-100 Index
 
Previous Index 29,069.93
Current Index 28,878.77
Change % -0.66
YTD (CY14)% 14.32
YTD (FY14)% 37.48
Volume (mn) 117.24
Capitilization (USDbn) 17.30
FIPI (USDmn)(Daily) 0.91
FIPI (USDmn) (YTD) 94.25

 

KSE-100 Index
Previous Index 46,407.18
Current Index 46,016.18
Change % -0.84
YTD (CY14)% 8.45
YTD (FY14)% 25.34
Volume (mn) 53.73
Capitilization (USDbn) 8.55

International Indicators
 
Close
%age
BSE-30 22,764.83 0.60
HANGSENG 22,760.24 0.28
NIKKEI 225 14,512.38 -0.03
FTSE 6,625.25 0.62
DJIA 16,449.25 0.25
SSEC 2,065.38 -1.52
NASDAQ 4,121.55 0.64

 
Close
%age
TASI 9,617.76 -0.19
KSE(Kuwait) 7,483.98 0.65
BSE 1,392.48 0.48
MSM 6,834.81 -0.09
ADX 5,191.82 1.01
DFM 4,984.04 2.90
QSE 12,768.17 1.51

KIBOR
 
%age
3 Months 10.18
6 Months 10.19
12 Months 10.45

T-Bills
%age
3 Months 9.97
6 Months 9.98
12 Months 9.99

Bonds
 
%age
3-Y PIB 11.99
5-Y PIB 12.48
10-Y PIB 12.82
20-Y PIB 13.10
30-Y PIB 13.20
Capital Market Overview

Market watch: Index touches lowest point of April

The index witnessed a dull day with trading volumes slumping to their lowest level in April amid caution and uncertainty. The Karachi Stock Exchange’s (KSE) benchmark 100-share index fell 0.66% or 191.16 points to end at 28,878.77. more... (ET)

News Clippings

Pak-India trade potential estimated at $18 billion

The Pakistan Business Council (PBC) has estimated annual Pakistan-India trade potential at $18 billion. In its study, the “Preliminary Analysis of Pakistan and India Trade and a Viable Roadmap for Trade Liberalisation”, issued on Monday, the PBC urges the government to negotiate reciprocal treatment with its Indian counterparts to achieve a level-playing field in trade on both the sides. more... (N)

Guddu Power Plant: Commissioning of additional units inaugurated

Prime Minister Nawaz Sharif on Monday inaugurated the commissioning of additional power units at the Guddu Thermal Power Plant, which will add an additional 747MW to the national grid at a cost of Rs 60 billion. more... (BR)

Planned divestment of PSEs to yield only Rs 137 billion: Dar's claim disputed

The planned divestment of Public-Sector Entities (PSEs) would raise only Rs 137 billion and not Rs 200 to Rs 250 billion as claimed by Finance Minister Ishaq Dar, it was learnt. more... (BR)

Old allies: Envoy highlights Turkish interest in Pakistan

Pakistan’s Ambassador to Turkey Muhammad Haroon Shaukat has said that Turkish entrepreneurs are keen on investing in Pakistan. more... (ET)

D-8 central banks experts meeting held: 'SBP working on making financial markets more inclusive'

Acting Governor of State Bank of Pakistan Ashraf Mahmood Wathra has said the SBP has been working on making financial markets more inclusive. Inaugurating the D-8 countries' central banks experts meeting in Islamabad, Wathra stressed the need for continued collaboration amongst D-8 central banks for inclusive economic growth. more... (BR)

MCB to set up Islamic banking subsidiary

MCB Bank Limited has given up the plan to acquire Burj Bank and announced plans to establish a wholly-owned Islamic banking subsidiary to tap a fast growing niche, according to a notification sent to the Karachi Stock Exchange (KSE) on Monday. more... (N)

Development fund cut to meet IMF terms

The public sector spending on federal development projects meant for improvement of the standard of living of the people lagged significantly behind targets in the first 10 months of the current fiscal year amid the government’s priority to keep the fiscal deficit within limits imposed by the International Monetary Fund (IMF). more... (D)

NAVs and Returns
as of April 21, 2014
Funds Offer Redemption
POGSF
10.5096/-
10.5096/-
YTD Return
6.69%
POAIIF
53.8429/-
53.3045/-
YTD Return
4.10%
POAAAF
55.70/-
54.31/-
YTD Return
6.76%
POIAAF
60.36/-
58.85/-
YTD Return
10.81%
POAF
11.07/-
YTD Return
6.80%

 

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

  Mar-14 Feb-14
MoM (%)
AUM's (PKR bn) 423.74 404.35 4.80
No of AMCs 23 23 0.00
No of Funds 198 197 0.51

Economic Highlights
 
GDP Growth FY13 3.60%
Per Capita Income $1,380
Reserves
(April 11, 2014)
$9.84bn
Trade Deficit
(Jul-Mar 14)
$(13.93)bn
Curr. A/C
(Jul-Mar 14)
$(2.17)bn
Remittances
(Jul-Mar 14)
$11.6bn
FDI (Jul-Mar 14) $669.8mn
CPI Gen. - YoY
(Mar-14)
8.53%
CPI Gen. - FY14
(Jul-Mar 14)
8.65%

Commodities
 
WTI (USD/bbl) 104.25
Gold Spot(USD/oz) 1,287.77
Cement (Rs./Bag) 517.47
Coal Spot(USD/ton) 72.75
Urea Fertilizer (Rs/bag) 1,836.92
DAP (Rs./bag) 1,888.87
KCA Cotton (Rs/mound) 6,500.00

 

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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.