Pakistan - Market factors to watch - July 3
ISLAMABAD, July 3
ISLAMABAD, July 3 (Reuters) - 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 Michael Georgy in Islamabad editorial on +92-51-281-0017 or via email email@example.com or on Reuters messaging firstname.lastname@example.org)
* The rupee closed at 94.49/55 to the dollar on Friday. Monday was a bank holiday in Pakistan.
* The Karachi Stock Exchange benchmark 100-share index closed 2.47 percent, or 341.51 points, higher at 14,142.92 on volume of 84.1 million shares on Monday.
* Foreign investors bought shares worth a net $6,341,808 on Monday.
* U.S. stocks edged higher on Monday, shaking off a surprise contraction in U.S. manufacturing, which some investors took as a signal the Federal Reserve will take more forceful actions to boost the economy. The Dow Jones industrial average was down 8.70 points, or 0.07 percent, at 12,871.39. The Standard & Poor's 500 Index was up 3.35 points, or 0.25 percent, at 1,365.51. The Nasdaq Composite Index was up 16.18 points, or 0.55 percent, at 2,951.23.
* Brent crude climbed above $98 per barrel on Tuesday as escalating tensions between Iran and the west offset concerns that gloomy manufacturing data from China, the United States and Europe will hurt oil demand. Brent crude gained 79 cents to $98.13 per barrel by 0502 GMT while U.S. crude rose by 50 cents to $84.25.
* Gold prices held steady on Tuesday, as hopes of more easing from central banks after a string of bleak global macroeconomic data from Europe to the United States supported bullion's appeal. Spot gold was little changed at $1,595.79 an ounce by 0032 GMT.
* To see announcements of the Pakistan central bank's regular open market operations, please click on. FOR A SPEED GUIDE ON PAKISTAN, CLICK ON
FOR PAKISTAN ECONOMIC INDICATORS, CLICK ON
FOR PAKISTAN OPEN MARKET CURRENCY RATES, CLICK ON
FOR PAKISTAN COTTON RATES, SEE
FOR PAKISTAN PORT ACTIVITY, CLICK ON
FOR KEY GLOBAL ECONOMIC NEWS, SEE
FOR AN OUTLOOK OF ASIAN STOCK TRADING, CLICK ON
TOP NEWS ON ASIAN COMPANIES
FOR ECONOMIC FX RELATED NEWS, HIT
FOR WHAT INVESTORS ARE SAYING ABOUT DEALS
STOCKS - BUY OR SELL?
IN THE NEWS REUTERS PAKISTAN (Click on )
* US, Pakistan deal seen soon on Afghan supply routes
* Afghanistan accuses Pakistan army of rocket attacks (Compiled by the Islamabad newsroom)
- Tweet this
- Share this
- Digg this
- Boxer Sarita Devi faces action after refusing medal at Asian Games
- Hong Kong's embattled leader believes protests could last weeks-source
- Ebola outbreaks in Nigeria, Senegal, appear contained: CDC reports
- Exclusive - India set to run out of critical free drug for HIV/AIDS programme
- Sturridge won't be fit for England, says Rodgers
India could run out of a critical medicine in its free HIV/AIDS drugs programme in three weeks due to bureaucratic bungling, a senior government official said, leaving more than 150,000 sufferers without life-saving drugs for about a month. Full Article