Bank gains push Karachi stocks higher
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