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)
* Fertilizer data for the month of February due to be released on or after Monday.
* State Bank of Pakistan due to release agricultural data for February on or after Monday.
* Reuters poll on monetary policy due to be released on Monday.
MARKET SNAPSHOTS
* The rupee <PKR=> ended firmer at 84.10/20 to the dollar on Friday compared with Thursday’s close of 84.20/30 amid a lack of import payments, dealers said.
The rupee has firmed 0.24 percent against the dollar this year after losing 6.17 percent last year, and a 22.12 percent slide in 2008. [PKR/]
* The Karachi Stock Exchange’s benchmark 100-share index <.KSE> edged 6.94 points, or 0.07 percent, lower to end at 10,000.93 on turnover of 123.63 million shares. [.KA]
* The net inflow of foreign portfolio investment in the stock market was $3.40 million on Friday.
[http://www.nccpl.com.pk/fipi-new/index.php]
* U.S. stocks fell on Friday, interrupting the Dow’s eight-session winning streak, as the dollar’s climb hurt oil prices and dragged on energy stocks.
The Dow Jones industrial average <.DJI> dropped 52.30 points, or 0.49 percent, to 10,726.87. The Standard & Poor’s 500 Index <.SPX> dropped 6.93 points, or 0.59 percent, to 1,158.91. The Nasdaq Composite Index <.IXIC> dropped 19.67 points, or 0.82 percent, to 2,371.61.[.N]
* U.S. crude futures fell more than half a percent on Monday to trade just above $80 a barrel, having slumped almost 2 percent in the previous session under the weight of a firmer dollar.
NYMEX crude for April delivery <CLc1>, which expires at the end of the day, fell 53 cents to $80.15 a barrel by 0009 GMT, its third consecutive fall as the market again balked at breaking above $83.[O/R]
* Gold declined further in early trading on Monday as investors sold into a stronger U.S. dollar on financial uncertainties over debt-laden Greece.
Spot gold <XAU=> was at $1,105.35 an ounce at 0037 GMT, down $1 from Friday’s late price, which had dropped around 2 percent on the day. [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]
> U.S. missile strike kills 8 militants in Pakistan [ID:nSGE62K026]
> Bids from $570 to $626/T in Pakistan sugar tender [ID:LDE62J02U]
> Pakistani c.bank buys 62.15 bln rupees of govt paper [ID:nISL333019]
> Bomb damages Pakistani community chief’s Athens home [ID:nLDE62J006]
> Pakistan denies arrests thwarted Taliban talks [ID:nSGE62I0GL]
> Pakistani stocks, o/n rates flat; rupee firmer [ID:nSGE62I0FE] (For more Reuters coverage of Afghanistan and Pakistan.
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