Pakistan - Market factors to watch - Dec 27

KARACHI Dec 27 (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@thomsonreuters.com)

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)

* State Bank of Pakistan to sell 15 billion rupees worth of treasury bills on Wednesday. For details click on SBPK11.

MARKET SNAPSHOTS

* The rupee PKR= ended weaker at 85.86/91 to the dollar on Friday, compared with Thursday's close of 85.71/76 to the dollar, following an increase in international oil prices. [PKR/]

* The Karachi Stock Exchange's benchmark 100-share index .KSE ended 0.55 percent, or 65.34 points, higher at 11,858.17.

Volume fell to 87.01 million shares from 90.50 million shares traded on Thursday. [.KA]

* Foreign investors sold shares worth a net $79,302 on Friday.

* U.S. stocks racked up a fourth straight week of gains on Thursday, as investors expected optimism about the economic recovery to support equities through year-end.

The Dow Jones industrial average .DJI added 14.00 points, or 0.12 percent, to 11,573.49. The Standard & Poor's 500 Index .SPX edged down 2.07 points, or 0.16 percent, at 1,256.77. The Nasdaq Composite Index .IXIC eased 5.88 points, or 0.22 percent, to 2,665.60. [.N] * Oil prices fell below $91 on Monday after China raised interest rates for the second time in just over two months to cool inflation which is running at its highest in over two years.

U.S. crude for February CLc1 traded 67 cents lower at $90.84 a barrel by 0003 GMT, after hitting a 26-month high of $91.63 on Thursday. U.S. crude futures did not trade on Friday due to the Christmas holiday. [O/R]

* Spot gold regained some ground and platinum group metals returned to positive territory, with bargain hunting lending support, after prices lost about one percent in early trade in response to China's interest rate increase on Saturday.

Spot gold XAU= fell to a one-week low of $1,371.1, before recovering to $1,379.35 an ounce by 0148 GMT, down 0.4 percent from the previous close. [GOL/]

* For global market news, click on [MKTS/GLOB]

* To see announcements of the Pakistan central bank's regular open market operations, please click on SBPK09.

FOR A SPEED GUIDE ON PAKISTAN, CLICK ON PAKISTAN

FOR PAKISTAN ECONOMIC INDICATORS, CLICK ON [ECI/PK]

FOR PAKISTAN OPEN MARKET CURRENCY RATES, CLICK ON [PKR/]

FOR PAKISTAN COTTON RATES, SEE [COT/KAR]

FOR PAKISTAN PORT ACTIVITY, CLICK ON [SHP/PK1][SHP/PK2]

FOR KEY GLOBAL ECONOMIC NEWS, SEE [TOP/MACRO]

FOR AN OUTLOOK OF ASIAN STOCK TRADING, CLICK ON [STXNEWS/AS] TOP NEWS ON ASIAN COMPANIES [TOP/EQA]

FOR ECONOMIC FX RELATED NEWS, HIT [FXNEWS]

FOR WHAT INVESTORS ARE SAYING ABOUT DEALS [DEALTALK/]

STOCKS - BUY OR SELL? [BUYSELL/]

IN THE NEWS REUTERS PAKISTAN (Click on [PK-RTRS]

> Burqa clad suicide bomber kills 40 in Pakistan [ID:nSGEBO007]

> Pakistan clashes kill 11 troops, 24 militants [ID:nSGE6BN03G]

> Pakistani stocks end up; rupee weakens; o/n rates down [ID:nSGE6BN06D] (Reporting by Karachi Newsroom; Editing by Chris Allbritton) (For more Reuters coverage of Pakistan, see: here)