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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 - June 23 Reuters - Wednesday, June 23 Send IM Story Print KARACHI, June 23 - 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 National Fertiliser Development Centre is due to release the fertiliser data for May on Wednesday or soon after. (The inclusion of diary items does not necessarily mean that Reuters will cover the event) MARKET SNAPSHOTS * The Pakistani rupee <PKR=> ended firmer at 85.36/41 to the dollar on Tuesday, compared with 85.45/50 a day earlier. * The KSE benchmark 100-share index <.KSE> rose 0.32 percent, or 31.01 points, to end at 9,682.32 on Tuesday. The KSE-index made its intra-day high at 9,786.06 points. Volume was 83.21 million shares, compared with 66.95 million shares traded on Monday. [.KA] * The net inflow of foreign portfolio investment in the stock market was $5.89 million on Tuesday. * U.S. stocks fell more than 1 percent in yet another late-day selloff on Tuesday as unexpectedly poor housing figures and the puncture of a key technical level sapped buying interest. The Dow Jones industrial average <.DJI> dropped 148.96 points, or 1.43 percent, to 10,293.45. The Standard & Poor's 500 Index <.SPX> fell 17.86 points, or 1.60 percent, to 1,095.34. The Nasdaq Composite Index <.IXIC> lost 27.29 points, or 1.19 percent, to 2,261.80. [.N] * Oil prices fell for a second day on Wednesday after an industry report showed unexpected gains in U.S. crude and gasoline inventories, while weak U.S. home sales data sent equities lower and dampened risk appetite. U.S. crude for August delivery <CLc1> slid 29 cents to $77.56 a barrel at 0237 GMT, after the July contract expired on Thursday. Prices are little changed this week after a jump to almost $79 two days ago following China's weekend decision to increase the flexibility of the yuan's exchange rate. [O/R] * Gold edged up on Wednesday, tracking an increase in ETF holdings as investors sought a safe haven from sliding stock markets and worries about the pace of global economic recovery. Spot gold <XAU=> added $1.20 to $1,240.20 an ounce by 0254 GMT after hitting an intraday high of $1,241.25 -- still below Monday's record around $1,264. Gold has gained as much as 15 percent in 2010, mainly due to fears the sovereign debt crisis in Europe would spread. [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] * ANALYSIS-Pakistan govt faces tough task filling top econ jobs [ID:nSGE65H0D7] * Fate of top U.S. Afghan commander in doubt [ID:nSGE65L0IF] * Pakistani PM reverses stance on U.S. sanctions on Iran [ID:nSGE65L0H0] * Pakistani Taliban want exchange of prisoners [ID:nSGE65L0EW] * Pakistan detains German man near militant stronghold [ID:nSGE65L0FY] * Pakistan tenders to buy 200,000T white sugar [ID:nLDE65L0ME] * Pakistani stocks up; rupee firmer; o/n rates down [ID:nSGE65L0G2] (For more Reuters coverage of Afghanistan and Pakistan, see: http://www.reuters.com/news/globalcoverage/afghanistanpakistan) Recommend Send IM Story Print Related Articles Japan's Shizuoka Gas to buy LNG from Osaka Gas Reuters - 26 minutes ago SCENARIOS-Win, lose or draw in Australia's looming election Reuters - 29 minutes ago ASIA LOCAL BONDS-Philippine yields soar to 2-week highs on data Reuters - 29 minutes ago FACTBOX- Shree Renuka set to acquire Brazil's Equipav Reuters - 31 minutes ago Oman's Galfar wins $31 mln water project Reuters - 33 minutes ago News Search Top Stories Aussie men shoot each other in buttocks 'to see if it hurts' Russia cuts Belarus gas by 60 percent Taxes up, spending cut in Britain's 'bloodbath' budget Geithner's spending cuts warning, urges yuan float Nadal, Murray and Serena cruise through at Wimbledon More Top Stories » ADVERTISEMENT Most Popular Most Viewed France's richest woman moves to defuse scandal Volvo recalls nearly 30,000 cars N.Korea picks the wrong game to start live broadcasts Charges dropped in World Cup miniskirt case Early menopause doubles risk of heart problems: study More Most Viewed » More Most Recommended » Elsewhere on Yahoo! 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