AGL 40.00 No Change ▼ 0.00 (0%)
AIRLINK 126.95 Decreased By ▼ -0.09 (-0.07%)
BOP 6.60 Decreased By ▼ -0.07 (-1.05%)
CNERGY 4.45 Decreased By ▼ -0.06 (-1.33%)
DCL 8.55 No Change ▼ 0.00 (0%)
DFML 41.70 Increased By ▲ 0.26 (0.63%)
DGKC 86.91 Increased By ▲ 0.06 (0.07%)
FCCL 32.15 Decreased By ▼ -0.13 (-0.4%)
FFBL 64.88 Increased By ▲ 0.08 (0.12%)
FFL 10.18 Decreased By ▼ -0.07 (-0.68%)
HUBC 109.35 Decreased By ▼ -0.22 (-0.2%)
HUMNL 14.70 Increased By ▲ 0.02 (0.14%)
KEL 5.14 Increased By ▲ 0.09 (1.78%)
KOSM 7.60 Increased By ▲ 0.14 (1.88%)
MLCF 41.21 Decreased By ▼ -0.17 (-0.41%)
NBP 59.95 Decreased By ▼ -0.46 (-0.76%)
OGDC 194.99 Increased By ▲ 4.89 (2.57%)
PAEL 28.35 Increased By ▲ 0.52 (1.87%)
PIBTL 7.78 Decreased By ▼ -0.05 (-0.64%)
PPL 151.26 Increased By ▲ 1.20 (0.8%)
PRL 26.44 Decreased By ▼ -0.44 (-1.64%)
PTC 16.18 Increased By ▲ 0.11 (0.68%)
SEARL 78.40 Decreased By ▼ -7.60 (-8.84%)
TELE 7.45 Decreased By ▼ -0.26 (-3.37%)
TOMCL 35.41 No Change ▼ 0.00 (0%)
TPLP 8.22 Increased By ▲ 0.10 (1.23%)
TREET 16.00 Decreased By ▼ -0.41 (-2.5%)
TRG 52.70 Decreased By ▼ -0.59 (-1.11%)
UNITY 26.50 Increased By ▲ 0.34 (1.3%)
WTL 1.26 No Change ▼ 0.00 (0%)
BR100 9,941 Increased By 57.1 (0.58%)
BR30 30,870 Increased By 270.4 (0.88%)
KSE100 93,884 Increased By 528.4 (0.57%)
KSE30 29,080 Increased By 149.4 (0.52%)

Sterling eased against the dollar on Monday, as traders took profits after the UK currency scaled two-month highs last week and on nagging doubts about whether Britain's interest rates are headed higher in coming months.
The euro hit a three-week high against the pound as the single currency drew some support from easing eurozone debt worries and tough talk about keeping inflation in check from European Central Bank chief Jean-Claude Trichet. In contrast, Bank of England policymaker Adam Posen pointed to downside risks to prices on Friday, saying his view on underlying inflation was unchanged. The comments came after data showed retail sales fell 0.8 percent in December.
Sterling was down 0.2 percent at $1.5971, well below an eight-week high of $1.6060 hit on January 18 with stops cited at around $1.5940 and $1.5910. Chartists point to support at around $1.5830 - last week's low - with resistance seen at its November 16 high of $1.6095. The euro rose more than 0.4 percent to a high of 85.48 pence, breaking past resistance at its 100-day moving average of 85.367 pence to reach its highest since January 4.

Copyright Reuters, 2011

Comments

Comments are closed.