STOCK:
Karachi Stocks Up 126.3 Points:
KARACHI, June 18: The KSE-100 index was at 13791.10, up 126.30 points. (today 11.16am)
5 TOP GAINERS & LOOSERS:
Nestle Pak
|
Rs
58.57
|
UniLever Pak
|
Rs
(128.33)
|
Siemens Pak
|
Rs
20.89
|
Rafhan Maize
|
Rs
(110.24)
|
Wyeth Pak
|
Rs
11.47
|
Unilever Food
|
Rs
(92.29)
|
Island Textile
|
Rs
9.28
|
Colgate Palmolive
|
Rs
(24.00)
|
Philip Morris
|
Rs
5.19
|
Mithchells Fruit
|
Rs
(17.21)
|
Pakistani stocks flat; rupee firms; o/n rate up
ISLAMABAD: Pakistan’s main stock market ended flat on Friday and in
lower volume on investor caution following heavier selling on Thursday, dealers
said.The Karachi Stock Exchange benchmark 100-share index rose 0.01 per cent, or 1.68 points, to close at 13,657.88 points on volume of 75.8 million shares.
“After $7.4 million selling (by foreign investors) on Thursday, investors remained cautious ahead of the weekend,” said Samar Iqbal, a dealer at Topline Securities.
The Pakistani rupee firmed to close at 94.13/18 against the dollar compared to 94.22/28 on Thursday.
Overnight rates in the money market rose to 11.90 per cent from 10.5 per cent on Thursday amid decreased liquidity.
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