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Friday, 3 December 2010 - Pakistan
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    Read more with google mobile : Pakistan

    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 - Dec 3 Reuters - Saturday, December 4 Send IM Story Print KARACHI, Dec 3 - 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) MARKET SNAPSHOTS * The rupee <PKR=> eased against the dollar to 85.80/85 on Thursday, compared with Wednesday's close of 85.64/69 amid increase of import payments and dealers expect pressure to remain because of rising international oil prices. [PKR/] * The Karachi Stock Exchange's benchmark 100-share index <.KSE> ended 1.08 percent, or 121.74 points, higher at 11,343.55, its highest close since July 2008. Turnover was 134.8 million shares, compared to 157.97 million shares traded on Wednesday. [.KA] * Foreign investors bought shares worth a net $2.55 million on Thursday. * Wall Street rallied for a second day on Thursday as concerns about Europe's sovereign debt crisis waned, forcing investors to reverse bearish bets on the market. The Dow Jones industrial average <.DJI> gained 106.63 points, or 0.95 percent, to 11,362.41. The Standard & Poor's 500 Index <.SPX> rose 15.46 points, or 1.28 percent, to 1,221.53. The Nasdaq Composite Index <.IXIC> added 29.92 points, or 1.17 percent, to 2,579.35. [.N] * Oil was steady near 25-month highs on Friday following a slew of upbeat U.S. economic data that boded well for demand from the world's top user, ahead of a jobs report expected to show employment expanded for a second straight month in November. U.S. crude for January fell 2 cents to $87.98 a barrel at 0706 GMT, still headed for a second straight weekly gain, after ending at $88 on Thursday, the highest settlement since October 2008. [O/R] * Gold advanced on Friday to near its strongest in three weeks as a softer dollar and bargain hunting helped the metal to defy waning Europe debt concerns, while focus shifted to U.S. jobs data later. Spot gold <XAU=> was bid at $1,391.85 at 0739 GMT from $1,384.75 late in New York on Thursday. [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 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] > US names three Pakistanis for supporting attacks [ID:nN02220021] > Pakistani stocks end near 29-mth high; rupee weakens [ID:nSGE68109B] > Q+A-U.S. cables show Pakistan military's political strength [ID:nSGE6B102G] > Pakistan's forex reserves ease to $16.74 billion [ID:nSGE6B106Z] > Q+A-U.S. cables underscore anxiety over Pakistan militants [ID:nSGE6B101S] > IMF likely to delay next Pakistan loan tranche - source [ID:nSGE6B003D] (For more Reuters coverage of Pakistan, see: http://www.reuters.com/places/pakistan) Recommend Send IM Story Print Related Articles US-BUSINESS Summary Reuters - 22 minutes ago SEC proposes rules for swap dealers Reuters - 22 minutes ago Alrosa may stay world's top diamond miner in 2010 Reuters - 30 minutes ago SAfrica nuclear plan comes under fire by industry Reuters - 35 minutes ago Moly Mines' majority holder gets funding nod; shrs rise Reuters - 39 minutes ago News Search Top Stories US unemployment surges to 9.8% in November Euro is "credible," not in crisis: Trichet NASA finds new form of life... on Earth Suspect in Hollywood PR shooting commits suicide Forest fire inferno kills 40 in northern Israel More Top Stories » ADVERTISEMENT Most Popular Most Viewed Most Recommended NASA finds new form of life... on Earth Finger length predicts prostate cancer risk: study Suspect in Hollywood PR shooting commits suicide US unemployment surges to 9.8% in November 'Critical safety issue' with Rolls A380 engine More Most Viewed » Pilgrims stone 'devil' as Muslims celebrate Eid World leaders scramble for funds to save the tiger US, S.Korea plan war games after N.Korean attack Obama gets 12 stitches after 'elbow in the lip' NASA finds new form of life... on Earth 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 © 2010 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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