Dawn News

The Karachi Stock Exchange.—Reuters Photo

KARACHI: Pakistani stocks closed lower on Thursday due to profit taking ahead of a public holiday, traders said.

The Karachi Stock Exchange (KSE) benchmark 100-share index ended 0.33 per cent, or 52.81 points, lower at 15,812.72, on total volume of 135.88 million shares.

In the currency market, the Pakistani rupee ended at 95.76/95.82 to the dollar, compared to Wednesday’s close of 95.62/95.68.

Overnight rates in the money market remained flat at 7.00 per cent.

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