BasedLine

Date:12-May-2014
KSE-100 Index
 
Previous Index 28,511.02
Current Index 28,494.54
Change % -0.06
YTD (CY14)% 12.80
YTD (FY14)% 35.65
Volume (mn) 80.19
Capitilization (USDbn) 17.04
FIPI (USDmn)(Daily) 1.45
FIPI (USDmn) (YTD) 127.98

 

KSE-100 Index
Previous Index 45,505.43
Current Index 45,487.58
Change % -0.04
YTD (CY14)% 7.20
YTD (FY14)% 23.90
Volume (mn) 27.06
Capitilization (USDbn) 8.45

International Indicators
 
Close
%age
BSE-30 22,994.23 2.91
HANGSENG 21,862.99 0.12
NIKKEI 225 14,199.59 0.25
FTSE 6,814.57 -0.36
DJIA 16,583.34 0.20
SSEC 2,011.14 -0.20
NASDAQ 4,071.87 0.50

 
Close
%age
TASI 9,765.48 -0.22
KSE(Kuwait) 7,408.73 0.03
BSE 1,466.60 -0.30
MSM 6,780.85 -0.65
ADX 4,988.08 -1.18
DFM 5,138.86 -3.08
QSE 12,995.05 0.26

KIBOR
 
%age
3 Months 10.16
6 Months 10.16
12 Months 10.45

T-Bills
%age
3 Months 9.95
6 Months 9.96
12 Months 9.99

Bonds
 
%age
3-Y PIB 11.86
5-Y PIB 12.35
10-Y PIB 12.81
20-Y PIB 13.07
30-Y PIB 13.18
Capital Market Overview

Weekly review: Market undergoes correction amid uncertainty

Lack of triggers resulted in subdued trading at the stock market as the benchmark KSE-100 index underwent a correction and fell 426 points (1.5 %) during the week ended May 9. more... (ET)

News Clippings

IP gas pipeline comes under sharp focus

Prime Minister Nawaz Sharif and President of Iran Hassan Rouhani on Sunday agreed to continue with the Iran-Pakistan gas pipeline project as it was beneficial for the peoples of both countries. more... (BR)

IMF says Pakistan economy on track but inflation looms

The International Monetary Fund said Saturday that Pakistan´s economic reform programme remained broadly on track, but warned over rising inflation. more... (N)

Pakistan, IMF agree on budget framework

Pakistan and the International Monetary Fund (IMF) on Saturday announced an agreement on the budget framework for the next year, envisaging fiscal consolidations of Rs290 billion, which will be achieved by levying Rs220 billion in new taxes and reducing power subsidies. more... (ET)

Govt to bring back money stashed in Swiss banks

The government has said that it will hold talks with Switzerland over a new tax treaty in order to recover $200 billion stowed illegally in the central European country’s secretive banking system. more... (ET)

Rs1745bn collected during 10 months: Dar

Finance Minister Ishaq Dar has claimed that the Federal Board of Revenue (FBR) collected Rs1,745 billion during the first 10 months of the current fiscal year, Geo News reported. more... (N)

Citibank, Standard Chartered to finance power generation projects

The Citibank and Standard Chartered Bank have expressed their willingness to finance power generation and other infrastructure projects of the country. more... (N)

Buzz kill: Taxing the risk an economy needs to take

In what can only be called a disservice to millions of Pakistanis, the government is set to increase the capital gains tax (CGT) rate on the sale of securities with a holding period of less than six months from existing 10% to 17.5% in the upcoming fiscal year. more... (ET)

NAVs and Returns
as of May 09, 2014
Funds Offer Redemption
POGSF
10.5365/-
10.5365/-
YTD Return
6.62%
POAIIF
53.9573/-
53.4177/-
YTD Return
4.12%
POAAAF
54.78/-
53.41/-
YTD Return
4.99%
POIAAF
60.35/-
58.84/-
YTD Return
10.79%
POAF
11.12/-
YTD Return
7.02%

 

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
(May 02, 2014)
$12.04bn
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
(Apr-14)
9.18%
CPI Gen. - FY14
(Jul-Apr 14)
8.69%

Commodities
 
WTI (USD/bbl) 100.11
Gold Spot(USD/oz) 1,292.02
Cement (Rs./Bag) 518.94
Coal Spot(USD/ton) 75.75
Urea Fertilizer (Rs/bag) 1,830.08
DAP (Rs./bag) 1,888.87
KCA Cotton (Rs/mound) 6,400.00

 

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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.