Pakistan stocks close higher; rupee gains, o/n rates flat Reuters Published August 30, 2012 comments Join our Whatsapp Channel Add Dawn as a trusted source 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. Follow Dawn Business on X, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.
