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Friday, 14 January 2011 - Pakistan
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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 Weekend Edition Singapore Asia Pacific World Pakistan - Market factors to watch - Jan 14 Reuters - Friday, January 14 Send IM Story Print KARACHI, Jan 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@thomsonreuters.com) 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) * The State Bank of Pakistan is due to release foreign investment data for December on or soon after Friday. MARKET SNAPSHOTS * The rupee <PKR=> ended at 85.62/68 to the dollar on Thursday, almost unchanged from Wednesday's close of 85.63/68 and dealers expect the local unit to remain steady in the short term because of higher remittances from overseas Pakistanis. [PKR/] * The Karachi Stock Exchange's benchmark 100-share index <.KSE> ended 1.45 percent, or 178.20 points, higher at 12,459.44, on turnover of 229.46 million shares. [.KA] * Foreign investors bought shares worth a net $11.2 million on Thursday. * U.S. stocks edged lower on Thursday, hurt by a slide in drugmaker Merck and as falling commodities prices hit shares of natural resource companies. The Dow Jones industrial average <.DJI> fell 23.54 points, or 0.20 percent, to 11,731.90. The Standard & Poor's 500 Index <.SPX> dropped 2.20 points, or 0.17 percent, to 1,283.76. The Nasdaq Composite Index <.IXIC> dipped 2.04 points, or 0.07 percent, to 2,735.29. [.N] * Oil slipped on Thursday as markets weighed disappointing U.S. jobless claims data and the prospect OPEC would raise output should prices break above $100 a barrel for an extended period. U.S. February crude <CLc1> ended down 46 cents at $91.40, falling as Wall Street weakened on the jobs report, after hitting a session high of $92.37. [O/R] * Bullion rebounded on Friday as the euro lost strength despite better-than-forecast debt auctions by Spain and Italy, while purchases from jewellers and investors, which sent premiums for gold bars to 2-year highs, offered additional support. Spot gold <XAU=> rose $3.41 to $1,376.16 an ounce by 0312 GMT after trading in a choppy $23 range on Thursday. Bullion struck a lifetime high around $1,430 an ounce in December on fears the euro debt crisis would spread. [GOL/] * For global market news, click on [MKTS/GLOB] * To see announcements of the Pakistan central bank's regular open market operations, please click on <SBPK09>. FOR A SPEED GUIDE ON PAKISTAN, CLICK ON <PAKISTAN> FOR PAKISTAN ECONOMIC INDICATORS, CLICK ON [ECI/PK] 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 ECONOMIC FX RELATED NEWS, HIT [FXNEWS] FOR WHAT INVESTORS ARE SAYING ABOUT DEALS [DEALTALK/] STOCKS - BUY OR SELL? [BUYSELL/] IN THE NEWS REUTERS PAKISTAN (Click on [PK-RTRS] > Obama to meet Pakistan's Zardari on Friday [nN13292711] > FACTBOX-Security developments in Pakistan, Jan 13 [nSGE70C87] > Pakistani stocks end on 31-mth high; rupee flat [nSGE70CB7X] > Pakistan's forex reserves fall to $17.09 bln [nSGE70CB7M] > Pakistan strikes 1st wheat export deals in 3 years [nL3E7CD0TN] (For more Reuters coverage of Pakistan, see: http://www.reuters.com/places/pakistan) Recommend Send IM Story Print Related Articles Deals of the day -- mergers and acquisitions Reuters - 1 hour 3 minutes ago Russia's AvtoVAZ may recall up to 10,000 cars-sources Reuters - 1 hour 4 minutes ago US-BUSINESS Summary Reuters - 1 hour 6 minutes ago Retail sales rise modestly, inflation tame Reuters - 1 hour 6 minutes ago Markets dip after JPMorgan earns, retail sales Reuters - 1 hour 8 minutes ago News Search Top Stories US consumer prices up 0.5% in December JPMorgan Chase profits soar Breastfeeding study raises doubts over guidelines EU has Azerbaijan 'support' for gas pipeline project Court clears ex-Delphi chairman of fraud charges More Top Stories » ADVERTISEMENT Most Popular Most Viewed NY subway riders shed trousers, skirts, modesty N.Zealand flood rescuers get Aussie snake catcher Scientists make chickens that don't spread bird flu Phelps returns to the swimming pool in Texas Fed chief sees US growth up to 4.0 percent in 2011 More Most Viewed » 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 Weekend Edition 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 Entertainment Photos Yahoo! News Network Copyright © 2011 Yahoo! Southeast Asia Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Terms of Service | Privacy Policy | Community | Intellectual Property Rights Policy | Help

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