The Karachi Stock Exchange.—Reuters Photo

KARACHI: Pakistani stocks closed slightly higher on Thursday but investors remained cautious while waiting for upcoming earnings announcements, traders said.

The Karachi Stock Exchange (KSE) benchmark 100-share index ended 0.16 per cent, or 24.57 points, higher at 15,679.19, on total volume of 134.62 million shares.

In the currency market, the Pakistani rupee ended at 95.37/95.44 to the dollar, compared to Wednesday’s close of 95.37/95.43.

Overnight rates in the money market ended at 9 per cent compared to Wednesday’s 9.90 per cent.

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Under siege
Updated 03 May, 2024

Under siege

Whether through direct censorship, withholding advertising, harassment or violence, the press in Pakistan navigates a hazardous terrain.
Meddlesome ways
03 May, 2024

Meddlesome ways

AFTER this week’s proceedings in the so-called ‘meddling case’, it appears that the majority of judges...
Mass transit mess
03 May, 2024

Mass transit mess

THAT Karachi — one of the world’s largest megacities — does not have a mass transit system worth the name is ...
Punishing evaders
02 May, 2024

Punishing evaders

THE FBR’s decision to block mobile phone connections of more than half a million individuals who did not file...
Engaging Riyadh
Updated 02 May, 2024

Engaging Riyadh

It must be stressed that to pull in maximum foreign investment, a climate of domestic political stability is crucial.
Freedom to question
02 May, 2024

Freedom to question

WITH frequently suspended freedoms, increasing violence and few to speak out for the oppressed, it is unlikely that...