BasedLine

Date:14-May-2014
KSE-100 Index
 
Previous Index 28,343.88
Current Index 28,411.49
Change % 0.24
YTD (CY14)% 12.47
YTD (FY14)% 35.26
Volume (mn) 86.09
Capitilization (USDbn) 17.04
FIPI (USDmn)(Daily) 0.85
FIPI (USDmn) (YTD) 137.76

 

KSE-100 Index
Previous Index 45,153.69
Current Index 45,299.28
Change % 0.32
YTD (CY14)% 6.76
YTD (FY14)% 23.38
Volume (mn) 34.50
Capitilization (USDbn) 8.52

International Indicators
 
Close
%age
BSE-30 23,871.23 1.36
HANGSENG 22,352.38 0.41
NIKKEI 225 14,425.44 1.95
FTSE 6,873.10 0.31
DJIA 16,715.44 0.12
SSEC 2,050.73 -0.10
NASDAQ 4,130.17 -0.33

 
Close
%age
TASI 9,816.19 0.41
KSE(Kuwait) 7,403.60 0.18
BSE 1,468.37 -0.25
MSM 6,761.34 0.22
ADX 5,035.19 0.56
DFM 5,327.19 2.17
QSE 13,174.74 0.82

KIBOR
 
%age
3 Months 10.16
6 Months 10.17
12 Months 10.44

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

Bonds
 
%age
3-Y PIB 11.81
5-Y PIB 12.31
10-Y PIB 12.78
20-Y PIB 13.06
30-Y PIB 13.18
Capital Market Overview

Market watch: Index closes in the black

Market managed to close in the black even though institutions continued to remain selective awaiting clarity on the budget. The Karachi Stock Exchange’s (KSE) benchmark 100-share index rose 0.24% or 67.61 points to end at 28,486.71. more... (ET)

News Clippings

Trade, investment: Pakistan, US announce Joint Action Plan

Pakistan and the United States announced Tuesday an agreement on a Joint Action Plan to expand bilateral trade and investment flows over the next five years, as two countries vowed to strengthen the key relationship. more... (BR)

Cut in policy rate expected: MPS on May 17

The State Bank of Pakistan (SBP) will announce its Monetary Policy Statement (MPS) on Saturday (May 17, 2014) for the next two months amid market expectations of a cut in the key policy rate. more... (BR)

'Islamic bond' will be issued: Dar

Minister for Finance, Senator Ishaq Dar Tuesday said Pakistan will issue an Islamic bond denominated in dollars for Islamic banking institutions and funds. more... (BR)

Government to offload 10 percent shares of OGDCL

The government has planned to offload 10 percent shares of Oil and Gas Development Company (OGDCL) on market; however, the size of Global Depository Receipts (GDRs) will depend on the results of road shows to be held by Privatisation Commission. more... (BR)

Multibillion rupees to be allocated for mega projects

The government will finance multibillion rupees mega development projects in the upcoming Budget 2014-15, including Lahore-Karachi Motorway, Metro Bus service, various projects of Pak-China Economic Corridor regarding establishment of rail and road linkages, official sources told The News on Tuesday. more... (N)

Remittances rise 11.45pc in July-April

Overseas Pakistani workers remitted $12.9 billion in the first 10 months (July-April) of this fiscal year, a growth of 11.45 per cent compared with $11.57bn received during the same period of last year. more... (D)

Collection efforts stymied by rupee appreciation: FBR

The Chairman of Federal Board of Revenue (FBR), Tariq Bajwa, has said the FBR is expecting to collect Rs 2270 billion to Rs 2275 billion by the end of current fiscal year. more... (BR)

NAVs and Returns
as of May 13, 2014
Funds Offer Redemption
POGSF
10.5433/-
10.5433/-
YTD Return
6.61%
POAIIF
53.9853/-
53.4454/-
YTD Return
4.13%
POAAAF
54.58/-
53.22/-
YTD Return
4.62%
POIAAF
60.36/-
58.85/-
YTD Return
10.81%
POAF
11.12/-
YTD Return
6.92%

 

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-Apr 14)
$12.9bn
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) 100.99
Gold Spot(USD/oz) 1,295.40
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.