STOCKS
Karachi Stocks Up 159.24 Points:
KARACHI, Mar 21: At the close of trading, the KSE-100 index was at 17913.21, up 159.24 points.
KARACHI, Mar 21: At the close of trading, the KSE-100 index was at 17913.21, up 159.24 points.
(Today Market is 32.28
Up@ 10.31 am)
March 20, 2013
5 TOP GAINERS & LOOSERS:
|
Rafhan Maize
|
Rs 91.50
|
UniLever Pak
|
Rs (208.50)
|
|
National Foods
|
Rs 10.28
|
Colgate Palmolive
|
Rs (91.60)
|
|
Philip Morris Pak
|
Rs 10.20
|
PIA
|
Rs (17.22)
|
|
Engro Corporation
|
Rs 5.66
|
Wyeth Pakistan
|
Rs (10.00)
|
|
Faisal Spinning
|
Rs 4.69
|
Clariant Pakistan
|
Rs (6.80)
|
Pakistani stocks rise on support from
local, foreign investors
KARACHI: Pakistan’s stock market closed higher on Thursday, with
continuous support from local and foreign investors keeping the market up.Renewed buying interest was seen in cement stocks amid hopes of better results in the March quarter.
Heavy weight Oil and Gas Development Company Ltd and Engro Corporation also remained on the investors’ radar, dealer Samar Iqbal at Topline Securities said.
Karachi Stock Exchange’s (KSE) benchmark 100-share index ended 0.90 per cent, or 159.65 points, higher at 17,913.62 points.
Engro Corporation rose 3.31 per cent to 130.80 rupees and Oil and Gas Development Company Ltd rose 1.96 per cent to 204 rupees.
In the currency market, the rupee ended steady at 98.15/98.21 against the dollar, compared to Wednesday’s close of 98.15/98.20.
Overnight rates in the money market rose to 9.10 per cent from Thursday’s close of 9 per cent.
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