BasedLine

Date:17-June-2014
KSE-100 Index
 
Previous Index 29,730.86
Current Index 29,651.04
Change % -0.27
YTD (CY14)% 17.38
YTD (FY14)% 41.16
Volume (mn) 83.81
Capitilization (USDbn) 17.71
FIPI (USDmn)(Daily) 2.52
FIPI (USDmn) (YTD) 231.19

 

KSE-100 Index
Previous Index 47,729.07
Current Index 47,640.70
Change % -0.19
YTD (CY14)% 12.28
YTD (FY14)% 29.76
Volume (mn) 37.48
Capitilization (USDbn) 8.99

International Indicators
 
Close
%age
BSE-30 25,190.48 -0.15
HANGSENG 23,300.67 -0.08
NIKKEI 225 14,933.29 -1.09
FTSE 6,754.60 -0.34
DJIA 16,781.01 0.03
SSEC 2,024.83 -0.66
NASDAQ 4,321.10 0.24

 
Close
%age
TASI 9,523.18 -1.99
KSE(Kuwait) 7,108.95 -0.47
BSE 1,449.91 -0.51
MSM 6,914.64 0.27
ADX 4,783.38 -1.00
DFM 4,468.67 -3.05
QSE 12,562.54 -1.65

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

T-Bills
%age
3 Months 9.95
6 Months 9.99
12 Months 10.02

Bonds
 
%age
3-Y PIB 12.24
5-Y PIB 12.63
10-Y PIB 13.00
20-Y PIB 13.17
30-Y PIB 13.25
Capital Market Overview

Market watch: Index closes in the red as caution prevails

The index traded range bound to settle in the red as investors remained selective and cautious as the Pakistan Army begins operation in North Waziristan. At close, the Karachi Stock Exchange’s (KSE) benchmark 100-share index fell 0.27% or 79.82 points to end at 29,651.04. more... (ET)

News Clippings

Budget deficit likely to surge by 0.9 percent

Pakistan’s budget deficit is likely to surge by 0.9 percent and touch 6.7 percent of GDP in the outgoing fiscal year in accordance with the International Monetary Fund (IMF) assessment because the Finance Ministry has inserted grants of Rs204 billion for bringing down the budget deficit to 5.8 percent of GDP, according to the budget document. more... (N)

Disarmament and non-proliferation: Pakistan, EU discuss developments

Pakistan and European Union on Monday reviewed developments in the areas of disarmament and non-proliferation during the first round of Pak-EU bilateral dialogue on disarmament, non-proliferation and peaceful uses of nuclear energy held here at Foreign Office. more... (BR)

Economics of war to benefit industries

The successful operation Zarb-e-Azb will not only bode well for investments. It may also lead to rise in the earnings of exploration and production companies, Vahaj Ahmed, an analyst at Topline Securities, says. more... (N)

Prime Minister inaugurates Mehar Gas Processing Plant

Prime Minister Nawaz Sharif on Monday inaugurated the Mehar Gas Processing Plant which will produce 30 million cubic feet gas per day and 3,300 condensate barrels per day. more... (BR)

Room for investment: Chinese firm eyes K-P hydel projects

A Chinese company Khan Khai Tuny International has expressed interest for investment in the hydel generation projects in Khyber-Pakhtunkhwa (K-P), while declaring the province as a hub of investment in multiple sectors. more... (ET)

Gradual increase in GIDC under consideration

The government is considering a gradual increase in the Gas Infrastructure Deve­lopment Cess (GIDC) rates instead of 200 per cent it earlier sought through the Finance Bill 2014-15. more... (D)

SBP plans diagnostic survey of housing finance

The State Bank of Pakistan (SBP) plans to conduct a diagnostic survey of housing finance to know the demand, as well as product preferences of the low-income groups, official document revealed on Monday. more... (N)

NAVs and Returns
as of June 16, 2014
Funds Offer Redemption
POGSF
10.6169/-
10.6169/-
YTD Return
6.73%
POAIIF
54.2016/-
53.6596/-
YTD Return
4.16%
POAAAF
55.37/-
53.99/-
YTD Return
6.13%
POIAAF
61.06/-
59.53/-
YTD Return
12.09%
POAF
11.20/-
YTD Return
6.97%

 

Funds Rating
AMC
AM3-
POAIIF
AA-(f)
POAF
A+ (f)
POAAAF
2 Star
POIAAF
4 Star
POGSF
AA(f)

  May-14 Apr-14
MoM (%)
AUM's (PKR bn) 449.46 434.47 3.45
No of AMCs 23 23 0.00
No of Funds 199 198 0.51

Economic Highlights
 
GDP Growth FY13 3.60%
Per Capita Income $1,380
Reserves
(Jun 06, 2014)
$13.45bn
Trade Deficit
(Jul-May 14)
$(15.36)bn
Curr. A/C
(Jul-Apr 14)
$(2.16)bn
Remittances
(Jul-May 14)
$14.3bn
FDI (Jul-Apr 14) $750.9mn
CPI Gen. - YoY
(May-14)
8.34%
CPI Gen. - FY14
(Jul-May 14)
8.66%

Commodities
 
WTI (USD/bbl) 106.63
Gold Spot(USD/oz) 1,267.67
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.