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 Apr 16, 200
5

 

 

COMMENTS:
The dollar continued to trade on a high note here in the open market dealings this week too and rupee lost hefty grounds. The dollar started new week on its overnight positive note and continued to drag rupee on account of its persistent rise in the international market even after weaker than expected trade deficit data released on Tuesday.

RUPEE/US DOLLAR

This Week

Last Week

% Change

Last Year

% Change

59.945

59.825

.2005

57.775

3.7559

 


 

 

COMMENTS: Pound sterling also behaved actively as per its international market performance. The currency gained in the first three days but later on, rupee resisted and recovered. Sterling started the new week at Rs112/85 and was changing hands at Rs113/15 thus showing a total gain of 0.30 at close of markets on Saturday.

RUPEE/POUND STERLING

This Week

Last Week

% Change

Last Year

% Change

113.4 112.9 .4428 104.0 9.0384

 


COMMENTS: Continuous rise and falls were recorded in the price of euro this week and the currency continued to behave under its international market trend. But sentiments mostly remained in favor of rupee and euro traded under pressure. In mid week trading, euro accelerated upwards but rupee soon recovered. Overall, a loss of 0.35 paisa was recorded in its price in week's trading.

RUPEE/EURO

This Week

Last Week

% Change

Last Year

% Change

77.4 77.5 -.1290 69.40 11.0315

 


 

 

COMMENTS: No major change in the price of yen was recorded at close of markets on Saturday. The rupee closed week on a positive note against yen. Initially yen was dragged by the dollar towards the 107.80s as speculative buyers seen entering the 108.10 prelim resistance.

RUPEE/JAPANESE YEN

This Week

Last Week

% Change

Last Year

% Change

0.5545 0.5525 -.3619 0.534 3.8389