Bank gains push Karachi stocks higher

The Pak Banker - - Company& -

KARACHI: Pak­istan's bench­mark stock in­dex, the Karachi Stock Ex­change 100 In­dex, rose 0.29 per cent at the close. The in­dex of 100 com­pa­nies traded on the Karachi Stock Ex­change rose 33.41 to 11,440.07. Among the stocks in the in­dex, 44 rose, 48 fell and 8 were un­changed.

Gains in the Karachi Stock Ex­change 100 In­dex were led by Mcb Bank Limited, Oil & Gas Devel­op­ment Co and Stan­dard Char­tered Bank Pak­istan Ltd. Na­tional Bank Of Pak­istan, which rose 1 ru­pees to 69.32 ru­pees, was the most ac­tive stock by value in Pak­istan. The next most-ac­tive is­sues were Mcb Bank Ltd, which rose 9.33 to 217.40 ru­pees, and At­tock Re­fin­ery Ltd, which fell 5.40 ru­pees to 118.10 ru­pees. -PB News

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