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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 - Nov 12 Reuters - Friday, November 12 Send IM Story Print KARACHI, Nov 12 - 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=> ended firmer at 85.37/42 to the dollar on Thursday, compared with Wednesday's close of 85.46/51 due to higher remittances by overseas Pakistanis [PKR/]. * The Karachi Stock Exchange's benchmark 100-share index <.KSE> ended 0.34 percent, or 36.70 points, lower at 10,905.24. Volume fell to 125.22 million shares, compared with 221.29 million traded on Wednesday. [.KA] * Foreign investors bought shares worth a net $1.26 million on Thursday. * Cisco's discouraging outlook dragged Wall Street lower on Thursday, but the market fought back in a sign the bullish trend remains intact. The Dow Jones industrial average <.DJI> fell 73.94 points, or 0.65 percent, to 11,283.10. The Standard & Poor's 500 Index <.SPX> shed 5.17 points, or 0.42 percent, to 1,213.54. The Nasdaq Composite Index <.IXIC> lost 23.26 points, or 0.90 percent, to 2,555.52. [.N] * Oil dropped more than 1 percent on Friday as concerns about Irish debt sent investors scrambling for the safety of the dollar, unwinding positions across commodities. U.S. crude for December <CLc1> fell $1.01 to $86.80 a barrel at 0252 GMT, after touching a 25-month intra-day peak of $88.63 on Thursday. ICE Brent <LCOc1> slid 88 cents to $87.93. [O/R] * Gold inched lower on Friday, reversing gains from the previous session, but worries over Ireland's debt woes are likely to provide support, as investors closely watch the outcome of the Group of 20 summit. Spot gold <XAU=> inched down 0.3 percent to $1,405.51 an ounce by 0034 GMT, reversing gains in the previous session. 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] > Karachi blast highlights dangers for police investigator [ID:nSGE6AA0Q1] > Suicide car bombs kills at least 15 in Karachi [ID:nLDE6AA21L] > EU capitals approve trade aid package for Pakistan [ID:nLDE6AA18K] > Pakistan's forex reserves fall to $16.95 bln [ID:nSGE6AA0NP] > Pakistani stocks end down; rupee firmsl o/n rates flat [ID:nSGE6AA0M1] > Pakistan launches campaign to fight corruption [ID:nSGE6A30AY] > Pakistan to meet IMF team on Nov 13 for more talks [ID:nSGE6A40B4] (For more Reuters coverage of Pakistan, see: http://www.reuters.com/places/pakistan) Recommend Send IM Story Print Related Articles China shares see biggest fall in 14 months AFP - 17 minutes ago TEXT-Key commitments of G20 leaders in Seoul Reuters - 33 minutes ago Australia's QR National IPO price cut unlikely-sources Reuters - 33 minutes ago Australia approves Shell's giant floating LNG plant AFP - 33 minutes ago Seoul shares end flat amid China fall, Irish debt woes Reuters - 34 minutes ago News Search Top Stories Boeing blames Dreamliner fire on faulty power panel EU heavyweights say bond market jitters 'misplaced' DNA test raises doubts over Texas man's execution Acrimony as EU budget negotiations collapse Environmentalists urge action at tuna talks More Top Stories » ADVERTISEMENT Most Popular Most Viewed Most Recommended EU fines 11 airlines 800 million euros for air cargo cartel Boeing blames Dreamliner fire on faulty power panel Microsoft sues Motorola over 'excessive' royalties Spanish economy stalls in third quarter Irish bond rates hit record highs, fanning debt crisis fears More Most Viewed » Alcohol more harmful than heroin, crack cocaine: study Toddler survives seven-floor fall in France Spectacular unknown species found in Amazon EU fines 11 airlines 800 million euros for air cargo cartel Be fit, have fewer colds: study More Most Recommended » Elsewhere on Yahoo! 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