CAPITAL MARKETS

 

1- FOREX KERB WATCH

2- COT WEEKLY REVIEW

3- FINEX WEEK

4. STOCK WATCH
5. STOCK MARKET AT A GLANCE
6. PAKISTAN WEEKLY REVIEW

 

FOREX KERB WATCH

 


.Comments by OWAIS S. KALIA (Khanani & Kalia)
Updated Sep 10, 200
5

COMMENTS: The national currency lost grounds against the dollar in the open market this week. The dollar kicked off new week's trading at Rs. 59/90 and continued to strengthen its position versus the rupee by changing hands at Rs. 60/00 at close of markets on Saturday. The dollar touched Rs. 60/07 on Thursday which was its highest price of dollar versus the local currency in the ending week. Rupee made a comeback on Friday by pushing back the greenback at Rs. 60/00. Overall, dollar accumulated 0/10 paisa against the local currency.

RUPEE/US DOLLAR

This Week

Last Week

% Change

Last Year

% Change

60.025

59.975

.0833

59.625

.6708

 


COMMENTS: The cable also showed declining trend versus the rupee this week. Pound Sterling opened new week's trading at Rs. 109/90 and continued to lose on the desks by changing hands at Rs. 209/80 at close of markets on Saturday. Thus, the national currency recorded a gain of 0/10 paisa against the cable and ended current on an upbeat note against Pound Sterling.

RUPEE/POUND STERLING

This Week

Last Week

% Change

Last Year

% Change

110.1 109.45 .5938 106.7 3.1865

 


COMMENTS: Euro observed a downward trend against rupee in the kerb this week. The single currency started new weeks trading at Rs, 74/60, continued to slump through out and changed hands at Rs. 74/20 at close of markets on Saturday. Euro did not record any gain on the desks against the local currency in week end trading. Overall, the rupee registered a gain of 0./40 pasia against the single currency at the close of markets on Saturday. Thus, rupee ended the current week n a positive note versus euro in the open market.

RUPEE/EURO

This Week

Last Week

% Change

Last Year

% Change

74.3 74.4 -.1344 73.0 1.7808

 


COMMENTS: Yen saw a little slump in its price versus rupee in the open market this week too. The yen set off new week's trading at 0/544 and changed hands at 0/542 at the close of markets on Saturday. Thus, the national currency closed the ending week on a positive note against Japanese Yen.

RUPEE/JAPANESE YEN

This Week

Last Week

% Change

Last Year

% Change

0.5405 0.5395 .1853 0.54 .0925