BasedLine

Date:09-June-2014
KSE-100 Index
 
Previous Index 29,417.20
Current Index 29,509.11
Change % 0.31
YTD (CY14)% 16.82
YTD (FY14)% 40.48
Volume (mn) 144.84
Capitilization (USDbn) 17.65
FIPI (USDmn)(Daily) 9.01
FIPI (USDmn) (YTD) 216.01

 

KSE-100 Index
Previous Index 47,219.45
Current Index 47,211.90
Change % -0.02
YTD (CY14)% 11.27
YTD (FY14)% 28.59
Volume (mn) 83.27
Capitilization (USDbn) 8.92

International Indicators
 
Close
%age
BSE-30 25,396.46 1.51
HANGSENG 22,951.00 -0.69
NIKKEI 225 15,077.24 -0.01
FTSE 6,858.20 0.66
DJIA 16,924.28 0.52
SSEC 2,024.83 -0.66
NASDAQ 4,321.40 0.59

 
Close
%age
TASI 9,853.51 -0.07
KSE(Kuwait) 7,233.00 -1.42
BSE 1,453.61 -0.54
MSM 6,945.53 -0.12
ADX 4,997.86 -1.14
DFM 4,972.78 -2.51
QSE 13,149.55 -0.62

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

T-Bills
%age
3 Months 9.96
6 Months 10.00
12 Months 10.05

Bonds
 
%age
3-Y PIB 12.24
5-Y PIB 12.61
10-Y PIB 13.00
20-Y PIB 13.17
30-Y PIB 13.25
Capital Market Overview

Weekly review: KSE-100 sheds 228 points during eventful week

An eventful week came at the stock market came to an end with the benchmark KSE-100 index shedding 228 points (0.8%) as political news cast a shadow over the positives of the budget for fiscal year 2014-15. more... (ET)

News Clippings

19.8 percent government holding: PC may offload UBL shares tomorrow

The Securities and Exchange Commission of Pakistan (SECP) has approved offer for sale of up to 241,921,931 ordinary shares (19.8 percent) of United Bank Limited through stock market. more... (BR)

One percent WHT to be charged on purchase of property: effective from July 1

The government would charge one percent withholding tax on purchase of immovable property of all sizes, including plots, flats, houses, residential and commercial properties purchased at any time with effect from July 1, 2014. more... (BR)

Tax target of Rs2.81 trn difficult but achievable: post-budget moot

The CPE Committee of the Karachi Tax Bar Association organized a post budget seminar to discuss & deliberate on the possible consequences of the Federal Budget 2014-15. more... (N)

Smartphones: Debate rife over viability of manufacturing units in Pakistan

In a recent meeting with Finance Minister Ishaq Dar, a delegation of Chinese companies with expertise in smartphone manufacturing expressed interest in setting up mobile phone manufacturing units in Pakistan. more... (ET)

Microfinance’s relevance in ‘fight against poverty’

With the number of active borrowers reaching an all-time high of almost 3 million, microcredit outreach in the country grew 5.9% in the first quarter of 2014, according to the latest data released by the Pakistan Microfinance Network (MFN) for January-March. more... (ET)

Pakistan has lowest ADR in region

Despite high hopes of the finance minister for greater credit off-take by the private sector, poor deposit growth and higher attraction of government’s papers slowed down the credit flow, making the country having lowest advance-to-deposit ratio (ADR) in the region. more... (D)

PAMA praises Dar for a ‘fair budget’

Pakistan Automotive Manufacturers Association (PAMA) in its statement has complimented Mohammad Ishaq Dar for presenting a fair and equitable national budget 2014-15 despite the many challenges facing the economy. more... (DT)

NAVs and Returns
as of June 06, 2014
Funds Offer Redemption
POGSF
10.5999/-
10.5999/-
YTD Return
6.74%
POAIIF
54.1389/-
53.5975/-
YTD Return
4.15%
POAAAF
55.07/-
53.69/-
YTD Return
5.54%
POIAAF
61.03/-
59.50/-
YTD Return
12.03%
POAF
11.20/-
YTD Return
7.13%

 

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)
$13.43bn
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) 102.82
Gold Spot(USD/oz) 1,252.78
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.