KARACHI: Pakistan's main stock exchange closed higher on Tuesday, buoyed by interest in telecommunications shares.

The benchmark 100-share index of the Karachi Stock Exchange rose 0.11 per cent or 25.46 points to 23,683.27.

Pakistan Telecommunication Co Ltd rose 4.44 per cent to 27.99 rupees while Faysal Bank Ltd was down 2.24 per cent at 12.20 rupees.

The rupee ended steady at 100.66/100.70 against the dollar, compared to Monday's close of 100.67/100.72.

Overnight rates on the money market fell to 7.50 per cent from Monday's close of 8.50 per cent.

More From This Section

SC has learnt to bolster democracy, says chief justice

Authority of SC may be extended to a number of areas from which it has historically maintained a distance, said CJ.

Musharraf likely to travel to Karachi today

Sources said Musharraf's likely visit to Karachi is on account of security issues and to continue of his treatment.

Nation standing firm beside armed forces: PM

The prime minister was addressing the passing out parade of the 129th Pakistan Military Academy Long Course on Saturday.

Police officer among two shot dead in Quetta targeted killings

Armed militants killed a police officer and critically injured his son on Quetta's troubled Sariab road area.

Comments are closed.
Explore: Indian elections 2014
Explore: Indian elections 2014
How much do you know about Indian Elections?
How much do you know about Indian Elections?
From The Newspaper