KARACHI: Pakistan stocks closed higher on Thursday, boosted by investor confidence in the oil, gas, and telecommunications sectors, dealers said.
The Karachi Stock Exchange (KSE) benchmark 100-share index closed 15,253.71 points, or 0.68 per cent higher, on volume of 13.74 million shares.
The oil, gas and telecommunications industries provided a boost to the market, said Samar Iqbal, a dealer at Topline Securities.
In the currency market, the Pakistani rupee ended at 94.48/94.54 to the dollar, compared to 94.70/76 on Wednesday.
Overnight rates in the money market ended flat at 7.50 per cent.