InfoAnda - Pakistani stocks near 2-mth low; rupee weakens

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

Blast kills eight insurgents at Pakistan militant safe house | 9 January 2010
Twin pediatricians fight child sex accusations | 6 October 2009
ICICI Bank quarterly profit falls 13.4 percent | 21 January 2010

Is HP competing for worst board ever honors? | | 22 September 2011

Forum Views () Forum Replies ()

Read more with google mobile : Pakistani stocks near 2-mth low; rupee weakens

Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Singapore Asia Pacific World Pakistani stocks near 2-mth low; rupee weakens Reuters - Tuesday, May 18 Send IM Story Print KARACHI, May 17 - Pakistani stocks ended 2.3 percent down to a near two-month low on Monday because of falling international oil prices and in line with a fall in world markets over troubles in the euro zone. The Karachi Stock Exchange's benchmark 100-share index <.KSE> fell 2.32 percent, or 237.95 points, to 10,033.76 on turnover of 73.62 million shares. The KSE-index ended at 9,963.35 points on March 22. "The market remained under pressure throughout today's trading session on the back of a fall in regional markets and declining global oil prices," said Furqan Punjani, an analyst at Topline Securities Ltd. World stocks fell and the euro slumped to a four-year low on Monday as Asian markets caught up with Friday's sell-off in the West, shrugging off encouraging data and remaining fixated on trouble in the euro zone. [ID:nLDE64G0BJ] Dealers said international oil prices falling below $70 a barrel on Monday to their lowest in over three months also put pressure on the market. Oil and Gas Development Co Ltd <OGDC.KA>, the heaviest weighted company on the KSE-index, fell 1.12 percent to 136.50 rupees. Dealers said investors were encouraged by the International Monetary Fund's board approval of the fifth tranche amounting to $1.13 billion on Friday but the pressure from regional markets restricted gains. The IMF on Friday said its board agreed to release $1.13 billion in aid for Pakistan and waive some of its requirements. Pakistan agreed to an IMF emergency loan of $7.6 billion in November 2008 to avert a balance of payments crisis and shore up reserves. The IMF increased the loan to $11.3 billion in July. In the currency market, the rupee eased against the dollar amid higher demand for the U.S. currency from oil importers. "Even though oil prices have come down, there are many import payments and therefore pressure on the rupee," said a bank dealer. The rupee <PKR=> closed at 84.45/50 to the dollar compared with Friday's close of 84.30/35. In the money market, overnight rates rose to between 11.15 percent and 12.15 percent compared with Friday's close of between 10 percent and 10.5 percent. Dealers said the next inflow worth 56 billion rupees was scheduled for Thursday and there was also a treasury bill auction with a target of 60 billion rupees scheduled for Wednesday. (Reporting by Sahar Ahmed) (For more Reuters coverage of Afghanistan and Pakistan, see: http://www.reuters.com/news/globalcoverage/afghanistanpakistan) Recommend Send IM Story Print Related Articles GLOBAL MARKETS-U.S. stocks dn on earnings outlook Reuters - 25 minutes ago US-BUSINESS Summary Reuters - 26 minutes ago Lowe's dampens hopes for U.S. recovery in 2010 Reuters - 26 minutes ago India's GAIL sees $1.8 bln capex in FY11 Reuters - 36 minutes ago EU set to fine Samsung Elec, Hynix, others-sources Reuters - 37 minutes ago News Search Top Stories Greece PM says 'not begging' ahead of EU loan Euro, shares and oil caught in debt storm worries GM returns to profit in 2010 first quarter Astronauts begin first space walk from Atlantis Prudential eyes record takeover of Asian insurer More Top Stories » ADVERTISEMENT Most Popular Most Viewed Most Recommended Boy survivor of Libya air crash 'stable but confused' Portugal takes more austerity measures Asia steps into Cannes spotlight Pope rallies priests as crowds flock to Fatima Euro hits four-year dollar low, stocks mixed More Most Viewed » Scientists stunned as grey whale sighted off Israel Lack of sleep linked to early death: study UN fears 'irreversible' damage to natural environment Earth may be too hot for humans by 2300: study Freddie Mac asks for fresh 10.6 billion dollar bailout More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Asia Entertainment Photos World Cup 2010 Copyright © 2010 Yahoo! Southeast Asia Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Terms of Service | Privacy Policy | Community | Intellectual Property Rights Policy | Help

Other News on Monday, 17 May 2010
Turkish PM to Tehran in bid to seal nuclear swap
Sudan arrests Islamist opposition leader
Israeli left flies flag to urge end to occupation
Iran, Turkey and Brazil agree on fuel swap deal: minister |
BP Successful In Inserting Tube Into Damaged Riser
Three Chinese oil workers abducted in Yemen |
United Airlines Flight Crew Locks Blind Woman On Empty Plane
Sudan arrests Islamist opposition leader |
Israel bars academic Chomsky entry to West Bank |
Suicide bomber strikes Afghan border police
Fear in Bangkok as bullets fly close to home
Maldives: Accepting Guantanamo detainees honorable
Thailand toughens stand against spiralling protests
Thai govt rejects plea for talks, pushes crackdown
Malaysia opposition beats gov't in Borneo ballot
Pakistani military kills 58 suspected militants
Bus plunges off bridge killing 11 in Bangladesh
NATO soldier killed in Afghan insurgent attack
US-ENTERTAINMENT Summary
Robin Hood hits bull's-eye at worldwide box office
Tavernier brings "16th century thriller" to Cannes
Robin Hood hits bull's-eye at worldwide box office |
Iran, Brazil, Turkey sign nuclear swap deal
US-TECH Summary
Final Thai crackdown feared as guests evacuate |
Ultra-Orthodox Jews lose grave battle in Israel
Free games lure new players including women, elderly
Volcanic ash grounds hundreds of European flights |
LG Display banks on e-reader growth
China's Web "firewall" should be WTO issue: EU's Kroes
Iraq recount fails to overturn Allawi election win |
Apple's iPhone replaces Blackberry for some bankers
Iran, Brazil, Turkey sign nuclear swap deal |
"I do" goes high-tech with Japan robot priest
Israeli coalition wobbly on peace terms: minister |
LG Display banks on e-reader growth
Ultra-Orthodox Jews lose grave battle in Israel |
Kyrgyzstan Communist leader to be held 2 months
Cuba cedes to farmers right to purchase supplies |
Wounded rogue Thai general dies as chaos continues
India test fires nuclear-capable missile
Indonesian president says terror threat remains
Reports: Hatoyama, Clinton to discuss US base
578 addicts escape from rehab center in Vietnam
Rogue "red shirt" military adviser dies
Weather forecast for the Asia-Pacific region
Red Shirt military strategist dies of wounds
Apple's iPhone replaces Blackberry for some bankers |
China's Web firewall should be WTO issue: EU's Kroes |
LG Display banks on e-reader growth |
I do goes high-tech with Japan robot priest |
Seoul shares down; Europe fears fan foreign selling
Japan's Astellas to buy US drug maker OSI for $4B
"Dark Stranger" a serviceable Woody Allen comedy
Qatar, Shell, China's CNPC in gas agreement
Free games lure new players including women, elderly |
Heavy metal veteran Ronnie James Dio dies, aged 67
PAKISTAN
Underground Cuban rappers live on the edge
Euro debt fears hit S.Korea banks, tech shares
S.Korea president upbeat on economy as c.bank eyed
US, Europe look to China for clean energy sales
Japan machinery orders rise 5.4 percent in March
Seoul shares off; Europe fears fan foreign selling
Japan machinery orders rise in March
Heavy metal veteran Ronnie James Dio dies, aged 67 |
Underground Cuban rappers live on the edge |
Two 20,000 Leagues films in the works |
Christopher Walken to sow Wild Oats |
Dark Stranger a serviceable Woody Allen comedy |
Plane crashes in Afghanistan with 43 on board
Russian president in Ukraine to tighten relations
Microsoft settles with VirnetX, to pay $200 million
France to deport Iranian assassin after woman freed
Volcanic ash grounds 1,000 European flights |
Astronauts begin first space walk from Atlantis
Prudential eyes record takeover of Asian insurer
Iran agrees controversial nuclear fuel swap deal
Airplane with 43 on board crashes in Afghanistan |
Euro hits four-year dollar low, stocks mixed
Iran agrees to send low enriched uranium to Turkey
Four dead, many evacuated as floods sweep central Europe |
UK coalition to announce 2010 cuts next week: Osborne |
Israel plays wargame assuming Iran has nuclear bomb
Pakistan's President Zardari faces legal challenge |
Maoist bus attack kills about 35 in India, government says |
NATO emphasizes defense spending despite crisis |
Evacuations start amid fears of Pakistan lake burst |
Ultimatum passes as battles rage on in Bangkok
India scrapyard radioactive but no risk, govt says
BP mulls options as tube captures 'some' oil
Report: Rebels blow up bus in India, killing 40
Philippine chopper crash kills governor, 4 others
Afghan passenger plane crashes with 44 on board
Report: Lightning kills 5 in Bangladesh
Top U.S. carriers plot faster gadgets, services |
Indian company trains small army to meet 3D surge |
Thousands of Thai protesters defy deadline to leave
Pakistani stocks near 2-mth low; rupee weakens
Nestle eyes resuming ties with Indonesia palm oil firm
Euro plunges to four-year low as debt fears weigh
Governor dies in Philippine helicopter crash
Microsoft settles with VirnetX, to pay $200 million |
Samsung to triple capital, R&D spending this year
AU sees LCD shortage, eyes China deals |
China stands firm on currency ahead of talks with US
Taiwan new regulator to stay course on AIG deal
Korean Air turns 1Q net profit amid stronger won
Shanghai court rejects ex-Rio Tinto execs' appeals
Japan's Astellas to buy US drug co. OSI for $4 bln
Sharp banking on 3-D for mobile devices, TVs
Euro, shares and oil slump over Europe debt fears
Godard blames Greeks for Cannes no-show
Indonesian filmmaker documents Obama's childhood
Bjork, Italian composer Morricone win music prize
Cannes film festival hits halfway short on buzz
Scorsese eyes 2011 bow for George Harrison film
Two "20,000 Leagues" films in the works
Christopher Walken to sow "Wild Oats"
Javier Bardem moves Cannes crowd in Biutiful |
Robin Hood hits bull's-eye at worldwide box office |
Indian company trains small army to meet 3D surge |
Cannes film festival hits halfway short on buzz |
Scorsese eyes 2011 bow for George Harrison film |
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph		BlogMeter 1.01