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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 - July 23 Reuters - Friday, July 23 Send IM Story Print KARACHI, July 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 inclusion of diary items does not necessarily mean that Reuters will cover the event) * The State Bank of Pakistan is due to release the agriculture credit data for June on or soon after Friday. * Reuters poll for monetary policy due to be released on Friday. MARKET SNAPSHOTS * The rupee <PKR=> ended flat at 85.47/54 to the dollar on Thursday, compared with Wednesday's close of 85.45/55. Dealers said the local unit was expected to stay rangebound in the near term. [PKR/] * The Karachi Stock Exchange's benchmark 100-share index <.KSE>, fell 0.05 percent, or 5.17 points, to end at 10,228.86 points. Volume fell to 60.22 million shares, compared with 118.68 million shares traded on Wednesday. [.KA] * The net inflow of foreign portfolio investment in the stock market was $915,407 Thursday. * Earnings from economic bellwethers 3M, UPS and Caterpillar catapulted U.S. stocks on Thursday as investors shed some of their fears about the strength of the recovery. The Dow Jones industrial average <.DJI> gained 201.77 points, or 1.99 percent, to 10,322.30. The Standard & Poor's 500 <.SPX> added 24.08 points, or 2.25 percent, to 1,093.67. The Nasdaq Composite <.IXIC> rose 58.56 points, or 2.68 percent, to 2,245.89. [.N] * Crude prices slipped from an 11-week high to stay near $79 on Friday, as uncertainty about European bank stress tests and U.S. oil demand tempered a boost from positive corporate results and storm threats. Prices have still climbed more than four percent this week, with U.S. crude for September <CLc1> down 18 cents at $79.12 a barrel on Friday by 0321 GMT. They jumped more than 3 percent on Thursday as Tropical Storm Bonnie over the Bahamas was forecast to move towards energy installations in the Gulf of Mexico. [O/R] * Gold slipped on Friday despite gains in equities as investors took to the sidelines before the release of European bank stress test results, which seek to restore confidence in the euro zone banking sector. Spot gold <XAU=> fell 95 cents to $1,194.40 an ounce by 0238 GMT after rising as high as $1,200.10 on Thursday as strong corporate earnings and rallies in equities spurred buying. [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] * Pakistan army chief gets extension in office [ID:nSGE66L0RH] * Mixed feelings as Australia, Pakistan remember Sydney [ID:nLDE66L248] * FACTBOX-Pakistan army chief gets 3-year extension [ID:nSGE66F078] *Pakistani stocks, rupee flat; o/n rates up [ID:nSGE66L0MR] * FACTBOX-Security developments in Pakistan, July 22 [ID:nSGE66L0LQ] * Pakistan's forex reserves rise to $16.70 bln [ID:nSGE66L0LS] * Pakistan court frees blasphemy suspect after 14 years [ID:nSGE66L0IS] * Pakistan July palm oil imports high for Ramadan [ID:nSGE66L0C1] * US seeks to ease India's Afghan fears, backs Pakistan [ID:nSGE66L072] (For more Reuters coverage of Afghanistan and Pakistan, see: http://www.reuters.com/news/globalcoverage/afghanistanpakistan) Recommend Send IM Story Print Related Articles London's Harrods plans Shanghai store - paper Reuters - 25 minutes ago CESC to invest 20 bln rupees for solar power project Reuters - 26 minutes ago Strong monetary policy action required-India adviser Reuters - 28 minutes ago Nippo Batteries Apr-June net at 37.6 mln rupees Reuters - 32 minutes ago Phillips Carbon April-June net at 280 mln rupees Reuters - 33 minutes ago News Search Top Stories Unique coral reef spurs Mexico tourism battle European banks face moment of truth Microsoft sales up as firm rides out fiscal crisis US Fed vows to act if jobs market flounders GM to buy auto lender in bid to stoke sales More Top Stories » ADVERTISEMENT Most Popular Most Viewed Most Recommended Beatles piano up for sale: auction house Monaco's playboy prince sets wedding date Nokia continues to struggle in smartphone market S.Africa's Tutu withdraws from public life Bernanke warns of 'uncertain' economic outlook More Most Viewed » Parachuting donkey shocks Russian beachgoers Paris Hilton caught with cannabis in handbag Germany's 'Octopus oracle' keeps perfect record More Most Recommended » Elsewhere on Yahoo! 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