AGL 40.00 No Change ▼ 0.00 (0%)
AIRLINK 127.04 No Change ▼ 0.00 (0%)
BOP 6.67 No Change ▼ 0.00 (0%)
CNERGY 4.51 No Change ▼ 0.00 (0%)
DCL 8.55 No Change ▼ 0.00 (0%)
DFML 41.44 No Change ▼ 0.00 (0%)
DGKC 86.85 No Change ▼ 0.00 (0%)
FCCL 32.28 No Change ▼ 0.00 (0%)
FFBL 64.80 No Change ▼ 0.00 (0%)
FFL 10.25 No Change ▼ 0.00 (0%)
HUBC 109.57 No Change ▼ 0.00 (0%)
HUMNL 14.68 No Change ▼ 0.00 (0%)
KEL 5.05 No Change ▼ 0.00 (0%)
KOSM 7.46 No Change ▼ 0.00 (0%)
MLCF 41.38 No Change ▼ 0.00 (0%)
NBP 60.41 No Change ▼ 0.00 (0%)
OGDC 190.10 No Change ▼ 0.00 (0%)
PAEL 27.83 No Change ▼ 0.00 (0%)
PIBTL 7.83 No Change ▼ 0.00 (0%)
PPL 150.06 No Change ▼ 0.00 (0%)
PRL 26.88 No Change ▼ 0.00 (0%)
PTC 16.07 No Change ▼ 0.00 (0%)
SEARL 86.00 No Change ▼ 0.00 (0%)
TELE 7.71 No Change ▼ 0.00 (0%)
TOMCL 35.41 No Change ▼ 0.00 (0%)
TPLP 8.12 No Change ▼ 0.00 (0%)
TREET 16.41 No Change ▼ 0.00 (0%)
TRG 53.29 No Change ▼ 0.00 (0%)
UNITY 26.16 No Change ▼ 0.00 (0%)
WTL 1.26 No Change ▼ 0.00 (0%)
BR100 9,975 Increased By 91.4 (0.93%)
BR30 31,086 Increased By 485.6 (1.59%)
KSE100 94,028 Increased By 672.6 (0.72%)
KSE30 29,139 Increased By 207.7 (0.72%)

The Indian rupee tumbled from a one-week high on Thursday as debt problems in Dubai hit the stock market, boosted the dollar and raised concerns that risk aversion may temper foreign inflows. The partially convertible rupee ended at 46.44/45 per dollar, off an early peak of 46.1350 which was its strongest since Nov. 17 and weaker than Wednesday's close of 46.21/22.
"The stock market's sharp fall hurt sentiment. The market would be closely watching the Dubai developments," said a senior trader with a foreign bank who thought the impact would be temporary. One-month offshore non-deliverable forward rupee contracts were at 46.48/58, close to the spot rate. In currency futures, the most traded near-month contracts on the National Stock Exchange and MCX-SX were at 46.54 on both exchanges, from Wednesday's 46.24.

Copyright Reuters, 2009

Comments

Comments are closed.