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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 - May 14 Reuters - Friday, May 14 Send IM Story Print KARACHI, May 14 - 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) * State Bank of Pakistan to release foreign investment data for April on or soon after Friday. * International Monetary Fund's board due to meet in Washington on Friday to discuss Pakistan's performance. MARKET SNAPSHOTS * In the currency market, the rupee eased against the dollar on Thursday amid higher demand for the U.S. currency from oil importers. The rupee <PKR=> closed at 84.17/27 to the dollar compared with Wednesday's close of 84.10/20. [PKR/] * The Karachi Stock Exchange's benchmark 100-share index <.KSE> ended 0.56 percent, or 57.48 points, up at 10,279.52 points. Turnover was 83.4 million shares, down from 139.5 million the previous day. [.KA] * The net inflow of foreign portfolio investment in the stock market was $1.24 million on Thursday. [http://www.nccpl.com.pk/fipi-new/index.php] * U.S. stocks fell on Thursday as downbeat comments on the economy from tech company Cisco Systems Inc <CSCO.O> and retail chain Kohl's Corp <KSS.N> cast doubt on the strength of the U.S. recovery. The Dow Jones industrial average <.DJI> dropped 113.96 points, or 1.05 percent, to end at 10,782.95. The Standard & Poor's 500 Index <.SPX> fell 14.23 points, or 1.21 percent, to 1,157.44. The Nasdaq Composite Index <.IXIC> lost 30.66 points, or 1.26 percent, to close at 2,394.36. [.N] * U.S. crude oil tumbled for a fourth straight session on Friday, within cents of three-month lows below $74, on concern that the European debt crisis will curb global growth and energy demand. U.S. crude for June delivery <CLc1> declined 66 cents to $73.74 a barrel at 0317 GMT, after touching an intraday trough of $73.62 on Thursday, the lowest price for a front-month contract since Feb. 12. [O/R] * Gold edged up on Friday as investors turned their backs on the euro on worries that belt-tightening in Europe will slow growth, but the metal lacked fresh momentum to surpass a recent record high. Gold <XAU=> was at $1,235.50 an ounce by 0231 GMT, up $3.67 from New York's notional close on Thursday. Bullion struck a record high of $1,248.15 on Wednesday. [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] > U.S. arrests three in Times Square bomb probe [ID:nN13272503] > Pakistan holds man linked to New York bomb suspect [ID:nN13133741] > Chile prosecutor: solid case against Pakistani suspect [ID:nN13164805] > Pakistani stocks, o/n rates up; rupee weakens [ID:nSGE64C0HI] > Pakistan's forex reserves rise to $15.36 bln [ID:nSGE64C0H4] > Pakistan imposes 15 percent duty on yarn exports [ID:nSGE64C09L] > Pakistan to announce monetary policy on May 24 [ID:nSGE64C0B4] > FEATURE-Pakistan psychologists issue conflict health warning [ID:nSGE64C03R] > Pakistan may need follow-up IMF programme - adviser [ID:nSGE64C04W] > Q+A-What to expect from IMF's board meeting on Pakistan [ID:nSGE64B07K] > Pakistan's April CPI up 13.26 pct yr/yr [ID:nSGE64A072] (For more Reuters coverage of Afghanistan and Pakistan, see: http://www.reuters.com/news/globalcoverage/afghanistanpakistan) Recommend Send IM Story Print Related Articles Moody's ups rtngs of two Japan SME CLOs by Japan Finance Corp Reuters - 30 minutes ago Sony profit outlook helps push Nikkei 1.5 pct lower Reuters - 31 minutes ago European shares fall early; banks slide Reuters - 31 minutes ago Russian rouble down on oil, severe drop unlikely Reuters - 32 minutes ago Seoul shares end flat; autos, POSCO help Reuters - 33 minutes ago News Search Top Stories EU's Barroso calls on G20 to agree bank levy Portugal announces more austerity measures Boy survivor of Libya air crash 'stable but confused' Asia steps into Cannes spotlight New British coalition holds first cabinet meeting More Top Stories » ADVERTISEMENT Most Popular Most Viewed Most Recommended Scientists stunned as grey whale sighted off Israel Boy survivor of Libya air crash 'stable but confused' Portugal announces more austerity measures Pope rallies priests as crowds flock to Fatima Asia steps into Cannes spotlight More Most Viewed » Scientists stunned as grey whale sighted off Israel Aliens may exist but contact would hurt: Hawking Lack of sleep linked to early death: study UN fears 'irreversible' damage to natural environment Freddie Mac asks for fresh 10.6 billion dollar bailout More Most Recommended » Elsewhere on Yahoo! 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