Dawn News

The Karachi Stock Exchange.—Reuters Photo

KARACHI: Pakistani stocks closed higher on Friday, as investors increased buying because of optimism ahead of upcoming September quarter earning announcements, dealers said. 

The Karachi Stock Exchange (KSE) benchmark 100-share index ended 0.72 per cent, or 113.56 points, higher at 15,792.75, on total volume of 208.89 million shares.

In the currency market, the Pakistani rupee ended at 95.35/95.45 to the dollar, compared to Thursday’s close of 95.37/95.44.

Overnight rates in the money market ended at 10 per cent compared to Thursday’s 9 per cent.


Email feedback and queries to Dawn.com's editorial team, or visit our contact page

GET THE LATEST NEWS STRAIGHT TO YOUR INBOX


Comments (1) Closed



Cyrus Howell
Oct 19, 2012 02:24pm
This bull market could go on for another year and one half.