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PAKISTAN - Market factors to watch - Feb 15
Reuters - Monday, February 15
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KARACHI, Feb 15 - 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 Robert Birsel in Islamabad editorial on +92-51 281 0017 or via email at robert.birsel@thomsonreuters.com or on Reuters messaging robert.birsel.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 State Oil <PSO.KA> and Kot Addu Power Co <KAPCO.KA> to announce corporate results for the six months to Dec. 31 on Wednesday.
MARKET SNAPSHOTS
* The rupee <PKR=> ended at 84.92/97 to the dollar on Saturday, slightly firmer than Friday's close of 84.94/99, and dealers said the currency was likely to hold around current levels in the near-term.
* The Karachi Stock Exchange's benchmark 100-share index <.KSE> ended 0.03 percent, or 3.07 points, higher at 9,805.87 on Friday on turnover of 129 million shares. The intra-day high was at 9,881.77 points.
* The net inflow of foreign investment in the stock market was $4.19 million on Friday.
[http://www.nccpl.com.pk/fipi-new/index.php]
* The Dow and S&P 500 dipped on Friday as China's move to curb bank lending and U.S. and European economic data raised fears the global recovery might be in jeopardy.
The Dow Jones industrial average <.DJI> dropped 45.05 points, or 0.44 percent, to 10,099.14. The Standard & Poor's 500 Index <.SPX> slipped 2.96 points, or 0.27 percent, to 1,075.51. But the Nasdaq Composite Index <.IXIC> rose 6.12 points, or 0.28 percent, to 2,183.53. [.N]
* U.S. crude was steady above $74 on Monday after stronger-than-expected Japanese growth data eased concerns that energy demand would taper off as China tightens monetary policy.
U.S. crude for March delivery <CLc1> rose 5 cents to $74.18 a barrel at 01:30 GMT. London April ICE Brent <LCOc1> climbed 16 cents to $73.06. [O/R]
* Gold prices steadied above $1,095 per ounce on Monday, with investors keeping an eye on the currency market for a direction, while market holidays in China and in the United States are expected to slow activity.
Spot gold <XAU=> edged up 0.2 percent to $1,095.05 an ounce as of 0000 GMT, compared with New York's notional close of $1,092.40. [GOL/]
* For global market news, click on [MKTS/GLOB]
* To see announcements of 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]
> Pakistani PM plays down crisis over judges [ID:nSGE61D016]
> U.S. drone kills five in northwest Pakistan [ID:nSGE61D01W]
> India says investigating blast, Pakistan talks on [ID:nSGE61D00V]
> Q+A - Who could be behind Indian bomb blast? [ID:nSGE61D024]
> US Admiral: too soon to see Afghan offensive end [ID:nLDE61D0HC] (For more Reuters coverage of Afghanistan and Pakistan, see: http://www.reuters.com/news/globalcoverage/afghanistanpakistan)
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