BasedLine

Date:16-May-2014
KSE-100 Index
 
Previous Index 28,528.19
Current Index 28,843.02
Change % 1.10
YTD (CY14)% 14.18
YTD (FY14)% 37.31
Volume (mn) 174.97
Capitilization (USDbn) 17.30
FIPI (USDmn)(Daily) 0.26
FIPI (USDmn) (YTD) 145.36

 

KSE-100 Index
Previous Index 45,383.19
Current Index 45,878.36
Change % 1.09
YTD (CY14)% 8.12
YTD (FY14)% 24.96
Volume (mn) 120.91
Capitilization (USDbn) 8.42

International Indicators
 
Close
%age
BSE-30 23,905.60 0.38
HANGSENG 22,730.86 0.66
NIKKEI 225 14,298.21 -0.75
FTSE 6,840.89 -0.55
DJIA 16,446.81 -1.01
SSEC 2,024.97 -1.12
NASDAQ 4,069.29 -0.76

 
Close
%age
TASI 9,807.37 -0.13
KSE(Kuwait) 7,403.74 0.11
BSE 1,463.72 -0.30
MSM 6,734.85 -0.29
ADX 5,021.47 0.11
DFM 5,181.14 -2.59
QSE 13,104.75 -0.42

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 9.98

Bonds
 
%age
3-Y PIB 11.77
5-Y PIB 12.31
10-Y PIB 12.78
20-Y PIB 13.07
30-Y PIB 13.18
Capital Market Overview


Market watch: MSCI announcements boost index, volumes

With MSCI announcing results of its semi-annual index review, the index kick-started the day on an optimistic note and gained further momentum. The Karachi Stock Exchange’s (KSE) benchmark 100-share index rose 1.10% or 314.83 points to end at 28,843.02. more... (ET)

News Clippings

Dar enumerates achievements, hits out at Pasha

Finance Minister Ishaq Dar informed the National Assembly on Thursday that Pakistan's foreign exchange reserves will cross $15 billion by July 2014 while GDP growth rate is expected to touch 4 percent during the current financial year. more... (BR)

NAC puts growth rate at 4.1 percent

The National Accounts Committee has estimated GDP growth rate at 4.1 percent - 0.3 percent lower than projected in the budget for the current fiscal year, according to Pakistan Bureau of Statistics (PBS). more... (BR)

Budget 2014-15: FBR suggests one percent increase in FED rate

The Federal Board of Revenue (FBR) has proposed increase in the federal excise duty (FED) from 16 to 17 percent in budget (2014-15) to bring it in line with the standard rate of 17 percent sales tax. more... (BR)

10MFY14: FDI falls 12.9%, data reveals

Pakistan received foreign direct investment (FDI) of $750.9 million in the first 10 months of 2013-14, which is 12.9% less than the amount that the country received in the corresponding 10-month period of the preceding fiscal year, according to data released by the State Bank of Pakistan (SBP) on Thursday. more... (ET)

SBP’s forex reserves rise to $8bn

Foreign exchange reserves held by the State Bank of Pakistan (SBP) rose by $780 million to $8.020 billion during the week ended May 9 as compared to $7.240 billion in the previous week, the central bank reported on Thursday. more... (N)

Austria may invest in hydropower generation

Austria expressed interest in hydropower generation in Pakistan with particular reference to financing 1,300MW project on Tarbella 5 at a cost of $400 million, Austrian Ambassador, Axel Wech said on Thursday. more... (N)

Nishat Group plans 40MW plant

Nishat Chunian Group is in the phase to set up a 40MW coal based captive power plant to meet the internal electricity demands in a more efficient way that would help cutting the cost of energy significantly. more... (N)

NAVs and Returns
as of May 15, 2014
Funds Offer Redemption
POGSF
10.5467/-
10.5467/-
YTD Return
6.61%
POAIIF
53.9988/-
53.4588/-
YTD Return
4.13%
POAAAF
54.86/-
53.49/-
YTD Return
5.15%
POIAAF
60.53/-
59.02/-
YTD Return
11.13%
POAF
11.13/-
YTD Return
6.94%

 

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 09, 2014)
$12.88bn
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-Apr 14) $750.9mn
CPI Gen. - YoY
(Apr-14)
9.18%
CPI Gen. - FY14
(Jul-Apr 14)
8.69%

Commodities
 
WTI (USD/bbl) 101.91
Gold Spot(USD/oz) 1,297.53
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.