BasedLine

Date:15-May-2014
KSE-100 Index
 
Previous Index 28,411.49
Current Index 28,528.19
Change % 0.41
YTD (CY14)% 12.93
YTD (FY14)% 35.81
Volume (mn) 57.20
Capitilization (USDbn) 17.11
FIPI (USDmn)(Daily) 7.33
FIPI (USDmn) (YTD) 145.10

 

KSE-100 Index
Previous Index 45,299.28
Current Index 45,383.19
Change % 0.19
YTD (CY14)% 6.96
YTD (FY14)% 23.61
Volume (mn) 21.55
Capitilization (USDbn) 8.43

International Indicators
 
Close
%age
BSE-30 23,815.12 -0.24
HANGSENG 22,582.77 1.03
NIKKEI 225 14,405.76 -0.14
FTSE 6,878.49 0.08
DJIA 16,613.97 -0.61
SSEC 2,047.91 -0.14
NASDAQ 4,100.63 -0.72

 
Close
%age
TASI 9,819.89 0.04
KSE(Kuwait) 7,395.29 -0.11
BSE 1,468.12 -0.02
MSM 6,754.50 -0.10
ADX 5,015.81 -0.38
DFM 5,318.74 -0.16
QSE 13,160.60 -0.11

KIBOR
 
%age
3 Months 10.17
6 Months 10.17
12 Months 10.45

T-Bills
%age
3 Months 9.95
6 Months 9.96
12 Months 9.98

Bonds
 
%age
3-Y PIB 11.81
5-Y PIB 12.32
10-Y PIB 12.79
20-Y PIB 13.06
30-Y PIB 13.18
Capital Market Overview

Market watch: Index closes above 28,500

Amid budget preparations and ambiguity regarding the monetary policy, the index registered a high, closing above the 28,500 level. The Karachi Stock Exchange’s (KSE) benchmark 100-share index rose 0.41% or 116.70 points to end at 28,528.19. more... (ET)

News Clippings

Economy in a comfort zone: Dar

Finance Minister Ishaq Dar said on Wednesday that the economy of the country is taking off and is now in a comfort zone as far as its foreign exchange reserves are concerned. more... (BR)

Govt raises Rs348bn in T-bills

The federal government raised Rs348 billion through the sale of treasury bills (T-bills) against the target of Rs450 billion, the central bank reported on Wednesday. more... (N)

Govt expects textile exports worth $26bn by 2018-19

The government expects to touch textile exports worth $26 billion by 2018-19 with a special focus on value addition and giving more incentives, an official said on Wednesday. more... (N)

Pakistan’s economy: Words of appreciation by US official

Amid Washington’s desire to expand ties with Islamabad beyond ‘just aid’, the United States sees Prime Minister Nawaz Sharif’s government making significant gains on the economic front in its first year, said an official of the US embassy. more... (ET)

ABAD talks: Foreign investment due in real estate sector

Foreign companies are going to invest around $100 million in the housing and construction sector in Karachi, according to Association of Builders and Developers of Pakistan (ABAD) Chairman Mohsin Sheikhani. more... (ET)

High hopes pinned on monetary policy

Trade and industry has attached high hopes from the much-awaited monetary policy, which will be announced on May 17, as a cut in the interest rate is expected. However, the inching up of inflation has slightly reduced the chance, said experts on Tuesday. more... (D)

Govt plans new taxes in next budget

The government is set to introduce new taxes in the upcoming budget, in addition to Rs80 billion it hopes to collect this fiscal year by withdrawing tax exemptions. more... (D)

NAVs and Returns
as of May 14, 2014
Funds Offer Redemption
POGSF
10.5450/-
10.5450/-
YTD Return
6.61%
POAIIF
53.9920/-
53.4521/-
YTD Return
4.13%
POAAAF
54.67/-
53.30/-
YTD Return
4.78%
POIAAF
60.41/-
58.90/-
YTD Return
10.90%
POAF
11.13/-
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) 102.10
Gold Spot(USD/oz) 1,304.46
Cement (Rs./Bag) 518.94
Coal Spot(USD/ton) 72.85
Urea Fertilizer (Rs/bag) 1,830.08
DAP (Rs./bag) 1,888.87
KCA Cotton (Rs/mound) 6,700.00

 

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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.