CAPITAL MARKETS

 

1- FOREX KERB WATCH

2- COT WEEKLY REVIEW

3- FINEX WEEK

4. STOCK WATCH
5. STOCK MARKET AT A GLANCE
6. RISK MANAGEMENT AND ERRATIC TRADING PATTERNS AT THE BOURSES


FOREX KERB WATCH

 


.Comments by OWAIS S. KALIA (Khanani & Kalia)
Updated Apr 09, 200
5

 

 

COMMENTS:
No change in the trading trend was observed this week and rupee continued to lose grounds against greenback as it has been doing for the last two weeks. Once again market prices remained mostly under technical pressure as dollar showed an upward trend against major currencies in the international market.

RUPEE/US DOLLAR

This Week

Last Week

% Change

Last Year

% Change

59.825

59.775

.0836

57.895

3.3336

 


COMMENTS: Pound sterling went for a roller coaster ride this week and faced many hiccups throughout. The currency traded both ways; went up initially and recovered but sterling finally won the race at close. Sterling started the new week at Rs112/50 and at weekend was standing at Rs112/75 showing an overall gain of 0.25 paisa.

RUPEE/POUND STERLING

This Week

Last Week

% Change

Last Year

% Change

112.9 112.7 .1774 105.60 6.9128

 


 

 

COMMENTS
:
A mix trend was observed in the price of euro this week and as per performance against US dollar in the international market, euro remained busy in changing its position on the desks. The local currency was being traded at Rs77/40 when compared to its opening price of Rs77/45.

RUPEE/EURO

This Week

Last Week

% Change

Last Year

% Change

77.5 77.7 -.2574 69.80 11.0315

 


COMMENTS: Yen took a positive start this week as it received strong back up from its gains against US dollar and euro in the world markets. However, with the trend turning opposite, yen gave up here in the kerb as well. The rupee came under fresh selling across the board and closed week on a positive note against yen this week.

RUPEE/JAPANESE YEN

This Week

Last Week

% Change

Last Year

% Change

0.5525 0.5545 -.3606 0.538 2.6951