Wednesday, March 3, 2010

PAKISTAN - Market factors to watch - March 3

KARACHI, March 3 (Reuters) - Following is a list of events in Pakistan as well as news stories and press reports which may influence financial markets.

(Reuters News welcomes your feedback and for any queries please contact Chris Allbritton in Islamabad editorial on +92-51 281 0017 or via email at chris.allbritton@thomsonreuters.com or on Reuters messaging chris.allbritton.reuters.com@reuters.net) WHAT IS HAPPENING IN PAKISTAN, ALL TIMES LOCAL FOLLOWED BY GMT: (The inclusion of diary items does not necessarily mean that Reuters will cover the event)

* RBS Pakistan (RBS.KA: Quote, Profile, Research) to announce corporate results for the year ended Dec. 31 on Wednesday.

* National Bank of Pakistan (NBPK.KA: Quote, Profile, Research) to announce corporate results for the year ended Dec. 31 on Thursday.

MARKET SNAPSHOTS

* The rupee PKR= rupee fell to an all-time closing low on Tuesday because of pressure from payments for imports and dealers said they expect the currency to weaken further.

The rupee ended at 85.09/11 to the dollar, compared with Monday's close of 85.04/09. [PKR/]

* The Karachi Stock Exchange's benchmark 100-share index .KSE rose 47.82 points, or 0.50 percent, to end at 9,546.38 on turnover of 82.22 million shares.

* The net inflow of foreign portfolio investment in the stock market was $3.16 million on Tuesday.

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