January 22, 2013 / 5:34 AM / 5 years ago

Pakistan - Market factors to watch - Jan 22

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 micheal.georgy@thomsonreuters.com or on Reuters messaging michael.georgy@thomsonreuters.com)

MARKET SNAPSHOTS

* The Pakistani rupee ended steady at 97.65/97.70 against the dollar, compared to Friday’s close of 97.64/97.69.

* The Pakistani stock market closed higher on Monday after political tensions which dominated the news last week seemed to ease, traders said. The Karachi Stock Exchange’s (KSE) benchmark 100-share index ended 0.24 percent, or 39.04 points, higher at 16,640.81.

* Brent crude rose to near $112 a barrel on Tuesday, after Japan pledged to pump in more money to boost its economy, adding to positive growth signals from the United States and China in past weeks. Brent crude for March delivery edged up 21 cents to $111.92 a barrel by 0436 GMT while February U.S. crude was unchanged at $95.56.

* Gold prices inched up on Tuesday as investors waited to see if, as widely expected, the Bank of Japan would shift to a more aggressive monetary stimulus at the end of a policy meeting, while brushing off a tax hike on Indian gold imports.

* To see announcements of the Pakistan central bank’s regular open market operations, please click on. FOR A SPEED GUIDE ON PAKISTAN, CLICK ON

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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

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IN THE NEWS REUTERS PAKISTAN (Click on )

* Coordinated Kabul suicide attack targets gov’t building

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