BasedLine

Date:28-Apr-2014
KSE-100 Index
 
Previous Index 28,786.74
Current Index 28,850.08
Change % 0.22
YTD (CY14)% 14.21
YTD (FY14)% 37.34
Volume (mn) 130.49
Capitilization (USDbn) 17.27
FIPI (USDmn)(Daily) 4.34
FIPI (USDmn) (YTD) 111.89

 

KSE-100 Index
Previous Index 45,705.44
Current Index 45,911.21
Change % 0.45
YTD (CY14)% 8.20
YTD (FY14)% 25.05
Volume (mn) 66.92
Capitilization (USDbn) 8.63

International Indicators
 
Close
%age
BSE-30 22,688.07 -0.82
HANGSENG 22,223.53 -1.50
NIKKEI 225 14,429.26 0.17
FTSE 6,685.69 -0.26
DJIA 16,361.46 -0.82
SSEC 2,036.52 -1.00
NASDAQ 4,075.56 -1.75

 
Close
%age
TASI 9,556.64 0.11
KSE(Kuwait) 7,448.44 -0.07
BSE 1,418.84 1.44
MSM 6,772.63 -0.13
ADX 5,171.20 -0.78
DFM 5,088.48 -0.90
QSE 12,954.93 -0.05

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

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

Bonds
 
%age
3-Y PIB 12.00
5-Y PIB 12.50
10-Y PIB 12.83
20-Y PIB 13.10
30-Y PIB 13.21
Capital Market Overview

Market watch: Index recovers on earnings announcements

The index consolidated after Wednesday’s plunge while $34 million gross flows from foreigners helped regain confidence. The Karachi Stock Exchange’s (KSE) benchmark 100-share index rose 0.24% or 69.55 points to end at 28,786.74. more... (ET)

News Clippings

Gwadar a 'free port': Prime Minister for development along the lines of Hong Kong, Dubai, Singapore ports

Prime Mini-ster Nawaz Sharif on Thursday said the government plans to develop Gwadar as a 'free port' along the lines of Dubai, Singapore and Hong Kong ports. more... (BR)

ADB approves $400 million to tackle energy problems

The Asian Development Bank (ADB) has approved a $400 million loan to support the Government of Pakistan's ongoing reforms to tackle the energy issues. more... (BR)

IBI's share to be 20 percent in 2020: Wathra

Ashraf Wathra, Governor State Bank of Pakistan (SBP), on Thursday said that the future outlook of the Islamic Banking Industry (IBI) was highly positive with bright prospects of achieving a market share of 20 percent by 2020. more... (BR)

Forex reserves rise to $11.75bn

Pakistan’s foreign exchange reserves increased to $11.753 billion during the week ended April 18, following receipts from the issuance of sovereign bonds in the international capital markets and other official source, the central bank reported on Thursday. more... (N)

Japan likely to give $52m soft loan

The government of Japan has expressed its intention to provide a concessional loan of $52 million to the government of Pakistan for supporting energy sector reforms. more... (N)

PM to inaugurate 404MW Uch Power Project-II today

Prime Minister Nawaz Sharif will inaugurate on Friday the 404MW Uch Power Project-II in Dera Murad Jamali, Balochistan, despite inability of the agencies concerned to provide supporting infrastructure for sustainable utilisation of additional capacity of the complex. more... (D)

Low tax-to-GDP ratio: decrease in 17 percent ST rate ruled out

The government has ruled out any possibility of a decrease in 17 percent sales tax due to low tax-to-GDP ratio that raises legitimate concerns that any reduction in sales tax will have serious negative implications on the overall revenue collection. more... (BR)

NAVs and Returns
as of April 25, 2014
Funds Offer Redemption
POGSF
10.5138/-
10.5138/-
YTD Return
6.67%
POAIIF
53.8504/-
53.3119/-
YTD Return
4.08%
POAAAF
55.32/-
53.94/-
YTD Return
6.03%
POIAAF
60.41/-
58.90/-
YTD Return
10.90%
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 18, 2014)
$11.75bn
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) 101.98
Gold Spot(USD/oz) 1,291.94
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.