KARACHI: Pakistani stocks ended on a two-month high on Friday ahead of an expected visit by the country’s finance minister to discuss outstanding issues such as a capital gains tax, dealers said.

The KSE’s benchmark 100-share index closed up 2.25 per cent, or 259.09 points, at 11,774.68, its highest close since Nov 21.

Volume rose to 178.42 million shares, compared with 92.47 million shares traded on Thursday.

“We are hopeful that the finance minister will present a long-awaited package which will be beneficial for the market,” said Shuja Rizvi, a dealer at brokers Al-Hoqani Securities Ltd. Finance Minister Abdul Hafeez Shaikh is due to visit the Karachi Stock Exchange on Saturday.