CAPITAL MARKETS

 

1- FOREX KERB WATCH

2- CFS 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 24, 200
5

COMMENTS: The national currency showed a downward trend versus dollar in the kerb this week. Trading set off at Rs. 60/10 on Manday and dollar kept rupee under pressure through out. Therefore, rupee changed hands at Rs. 60/30 at close of Markets on Saturday. In the inter bank dealing, the dollar started the current week at R.59/79 for buying and Rs. 59/99 for selling and closed at Rs. 59.75 for buying and Rs. 59/95 for selling.

RUPEE/US DOLLAR

This Week

Last Week

% Change

Last Year

% Change

60.325

60.125

.3326

59.745

.9707

 


COMMENTS:

The cable observed a downward trend versus the national currency in the dealings this week. Pound Sterling opened new week at Rs.. 108/20, felt sever pressure against the local currency and at close of markets, the currency was standing at an exchange price of Rs. 107/10 thus showing a loss of Rs. 1/10 paisa overall. In the inter bank dealings, the cable started the current week at Rs. 107/8671 for buying and Rs. 108/5541 for selling on Monday and closed markets at Rs. 106/0921 for buying and Rs. 106/7680 selling on Saturday. Overall, the national currency closed week on a positive note.

RUPEE/POUND STERLING

This Week

Last Week

% Change

Last Year

% Change

107.4 108.4 -.9225 107.5 -.0930

 


COMMENTS: Euro observed both upward and downward trends versus rupee in the kerb this week. the single currency kicked off new week at Rs. 72/90, remained under pressure against the local currency and changed hands at Rs. 72/60 at close of markets on Saturday. Thus, the rupee gained 0/30 paisa. In the inter bank dealings, euro started the new week at Rs. 72/615 for buying and Rs. 72/1346 for selling on Saturday.

RUPEE/EURO

This Week

Last Week

% Change

Last Year

% Change

72.8 73.4 -.8174 73.1 -.4103

 


COMMENTS: Yen showed a downward trend versus the rupee in the kerb dealings this week. The trading range fell between 0/436-0/536 on Saturday as compared to 0/537/0/539 on Monday. Thus, the rupee ended the current week on a positive note against Japanese Yen.

RUPEE/JAPANESE YEN

This Week

Last Week

% Change

Last Year

% Change

0.5345 0.5375 -.5581 0.5375 -.5581