CAPITAL MARKETS

 

1- FOREX KERB WATCH

2- COT WEEKLY REVIEW

3- FINEX WEEK

4. STOCK WATCH
5. STOCK MARKET AT A GLANCE


FOREX KERB WATCH

 


.Comments by OWAIS S. KALIA (Khanani & Kalia)
Updated Feb 12, 200
5

 

 

COMMENTS:
The rupee traded on an upbeat note versus the dollar this week. The rupee started fresh week on its overnight firm note and continued its firmness till the end. The national currency started the new week at Rs. 59/68 and accumulated gains by dragging down the dollar at Rs. 59/52 at close of markets on Saturday. Thus, the rupee enjoyed the gain of 0/16 paisa this week.

RUPEE/US DOLLAR

This Week

Last Week

% Change

Last Year

% Change

59.525

59.525

0.00

57.375

3.7472

 


COMMENTS: The national currency remained mostly charged up versus the cable this week, though it observed both upward and downward trends in the kerb. Sterling started the new week at Rs. 111/60 and lost grounds in the beginning of the week by changing hands at Rs. 110/75 which was also the lowest price of the cable versus the rupee. Overall, pound sterling started new week at Rs. 111/60 and later lost grounds by making Rs. 111/20 mark.

RUPEE/POUND STERLING

This Week

Last Week

% Change

Last Year

% Change

111.35 112.1 -.6690 107.9 3.1974

 

 

 


COMMENTS: The national currency gained grounds versus the single currency this week. Euro started the new week at Rs. 76/75 and showed both upward and downward trends in the middle. The single currency touched Rs. 76/25 price level which was the lowest score of euro versus the national currency this week. Overall, the national currency started the new week at Rs. 76/75 and with the gain of 0/10 paisa it ended week at Rs. 76/65.

RUPEE/EURO

This Week

Last Week

% Change

Last Year

% Change

76.7 77.25 -.7119 72.9 5.2126

 


COMMENTS: The Japanese yen observed a downward trend versus the national currency this week. The demand of currency remained within normal range and the currency was changing hands from price level of 0.569-0.561. Thus, the national currency closed the week on a positive note versus yen.

RUPEE/JAPANESE YEN

This Week

Last Week

% Change

Last Year

% Change

0.5625 0.5695 -1.2291 0.542 3.7822