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 26, 200
5

 

 

COMMENTS:
The rupee once again took the driving seat this week and managed to recover grounds which it had lost in the preceding week. The rupee started fresh week on the overnight weak note but soon proceeded in the positive direction by first recovering some lost grounds and then adding further to the same throughout. The national currency closed the  current week showing a total gain of 0.06 paisa here in the kerb.

RUPEE/US DOLLAR

This Week

Last Week

% Change

Last Year

% Change

59.545

59.575

-.0503

57.475

3.6015

 


COMMENTS: Sterling's trend was also similar to that of euro and the currency showed swift gains against rupee in most sessions of this week. Sterling started the week on a positive note and continued with the same trend amid its increased demand and rise in the international market against the greenback. Sterling started at Rs112/95 and went up to Rs113/90 showing a smart gain of 0/95 paisa at the weekend.

RUPEE/POUND STERLING

This Week

Last Week

% Change

Last Year

% Change

114.1 112.7 1.2422 104.35 9.3435

 

 

 


COMMENTS: Euro which had been trading in the negative phase for last few weeks showed active performance against rupee this week. The national currency lost significant grounds in the first four days due to the strong performance  of euro against the US dollar in the international market. However, it was able to show some recovery towards the end of the week which again took momentum to make rupee  under pressure in the dealings.

RUPEE/EURO

This Week

Last Week

% Change

Last Year

% Change

77.7 77.8 -.1285 71.90 8.0667

 


COMMENTS: A rising trend in the price of yen was recorded against rupee this week and increase in its price was recorded at close. Although the demand of yen from the business circle remained persisting but its gains against the greenback in the international market showed its impact. The currency started current week at 0.563 paisa and was standing at the same price at weekend after recording a rise up to 0.568 at one stage.

RUPEE/JAPANESE YEN

This Week

Last Week

% Change

Last Year

% Change

0.5635 0.5625 .1777 0.525 7.3523