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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 PAKISTAN - Market factors to watch - April 26 Reuters - Monday, April 26 Send IM Story Print KARACHI, April 26 - Following is a list of events in Pakistan as well as news stories and press reports which may influence financial markets. (Reuters News welcomes your feedback and for any queries please contact Chris Allbritton in Islamabad editorial on +92-51 281 0017 or via email at chris.allbritton@thomsonreuters.com or on Reuters messaging chris.allbritton.reuters.com@reuters.net) WHAT IS HAPPENING IN PAKISTAN, ALL TIMES LOCAL FOLLOWED BY GMT: (The inclusion of diary items does not necessarily mean that Reuters will cover the event) * Pakistan Petroleum Ltd <PPL.KA> to announce third quarter results for the 2009/10 fiscal year on Tuesday. MARKET SNAPSHOTS * In the currency market, the rupee weakened to 84.15/18 to the dollar on Friday compared with Thursday's close of 83.82/92, because of higher demand for dollars for import payments, dealers said. [PKR/] * The Karachi Stock Exchange's benchmark 100-share index <.KSE> fell 0.08 percent, or 8.12 points, to end at 10,607.03. Volume was 153.86 million shares compared with 185.71 million traded on Thursday. [.KA] * The net inflow of foreign portfolio investment in the stock market was $4.85 million on Friday.. [http://www.nccpl.com.pk/fipi-new/index.php] * U.S. stocks rose to a 19-month high on Friday as Merck eased concerns about the impact of healthcare reform, saying its costs will be relatively low. Energy shares lifted the broad market after oil <CLc1> rose 1.7 percent to above $85 a barrel on positive economic data. The Dow Jones industrial average <.DJI> gained 69.99 points, or 0.63 percent, to 11,204.28. The Standard & Poor's 500 Index <.SPX> rose 8.61 points, or 0.71 percent, to 1,217.28. The Nasdaq Composite Index <.IXIC> added 11.08 points, or 0.44 percent, to 2,530.15. [.N] * U.S. crude futures rose above $85 a barrel on Monday, adding to gains from the previous session when strong U.S. economic statistics raised new hopes that the economic recovery was on course. NYMEX crude for June delivery <CLc1> was up 25 cents at $85.37 a barrel by 0036 GMT, after settling up $1.42 on Friday, when a sharp jump in U.S. new home sales signalled a stronger economic recovery and boosted the outlook for energy demand. [O/R] * Gold hit one-week highs on Monday while euro-denominated gold prices briefly hit an all-time high in early Asian trade as Greece's debt woes highlighted bullion's appeal as a safe haven. Spot gold <XAU=> inched up 0.2 percent to $1,158.50 per ounce as of 0213 GMT, after hitting a one-week high of 1,159.73 per ounce earlier. It was at $1,155.90 per ounce in New York late on Friday. [GOL/] * For global market news, click on [MKTS/GLOB] * To see announcements on Pakistan central bank's regular open market operations, please click on <SBPK09>. FOR A SPEED GUIDE ON PAKISTAN, CLICK ON <PAKISTAN> FOR A DIARY OF EVENTS IN PAKISTAN, SEE [PK/DIARY] FOR PAKISTAN ECONOMIC INDICATORS, CLICK ON [ECI/PK] FOR KARACHI INTERBANK RATES, SEE <KIBR> <KIBR01> FOR PAKISTAN OPEN MARKET CURRENCY RATES, CLICK ON [PKR/] FOR PAKISTAN COTTON RATES, SEE [COT/KAR] FOR PAKISTAN PORT ACTIVITY, CLICK ON [SHP/PK1][SHP/PK2] FOR KEY GLOBAL ECONOMIC NEWS, SEE [TOP/MACRO] FOR AN OUTLOOK OF ASIAN STOCK TRADING, CLICK ON [STXNEWS/AS] TOP NEWS ON ASIAN COMPANIES [TOP/EQA] FOR INTERNATIONAL FOREX NEWS, HIT [FXNEWS] FOR WHAT INVESTORS ARE SAYING ABOUT GLOBAL DEALS [DEALTALK/] GLOBAL STOCKS - BUY OR SELL? [BUYSELL/] IN THE NEWS REUTERS PAKISTAN (Click on [PK-RTRS] > Al Baraka, Emirate Global Islamic merge Pakistan ops [ID:nLDE63O060] > Pakistani to seek extradition of Mumbai suspect [ID:SGE63O015] > U.S. drone attack kills seven in Pakistan [ID:SGE63N035] > U.S. renews pledge on trade programme for Pakistan [ID:N23233004] > IMF board likely to meet in mid-May on Pakistan [ID:N23141787] > No early Pakistan action seen on Lashkar-e-Taiba [ID:LDE63J1JR] > Pakistani stocks down; rupee weaken; o/n rates flat [ID:nSGE63M0I9] > Pakistani banks to close on Saturdays to save power [ID:nSGE63M0GP] > Pakistan turns off lights to end energy crisis [ID:nSGE63L0IB] > Q+A - Is there a way to end Pakistan's energy woes? [ID:nSGE63L0IV] > Pakistan's budget deficit to overshoot target [ID:nLDE63L1JZ] (For more Reuters coverage of Afghanistan and Pakistan, see: http://www.reuters.com/news/globalcoverage/afghanistanpakistan) Recommend Send IM Story Print Related Articles India call money steady; excess cash in system helps Reuters - 25 minutes ago Iran seeks to woo foreign money as sanctions loom Reuters - 27 minutes ago Emirates NBD Q1 falls on bad loans, sees stability Reuters - 28 minutes ago Godrej Cons Jan-Mar consol net up 55 pct Reuters - 31 minutes ago US-BUSINESS Summary Reuters - 32 minutes ago News Search Top Stories Aliens may exist but contact would hurt: Hawking 'Green tea party' closes US Earth Day celebrations Greece warns speculators as it races for bailout BP struggles to cap leak as US oil slick spreads French driving veil row escalates More Top Stories » ADVERTISEMENT Most Popular Most Viewed Most Recommended Aliens may exist but contact would hurt: Hawking Ex-Bin Laden bodyguard writes against Qaeda BP struggles to cap leak as US oil slick spreads Emails show Goldman Sachs bet on housing market decline French driving veil row escalates More Most Viewed » Aliens may exist but contact would hurt: Hawking Apple engineer loses iPhone prototype Two-million-year-old hominid sheds light on evolution Taiwan's male 'Susan Boyle' a web sensation French driving veil row escalates More Most Recommended » Elsewhere on Yahoo! 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