KSE remains upwardly mobile; rupee rally rolls on
KARACHI: With more and more bulls pouring onto the trading floor, Pakistani capital market Wednesday also remained upwardly mobile gaining as much as 200 points during intraday trade.
The benchmark KSE-100 Index put on a 0.69 percent, or 174.26 points, to close at 25,524.46-mark.
Investors took new positions in Pakistan State Oil (PSO), and Fauji Fertilizer Bin Qasim Ltd, but Wednesday’s the star attraction was PTCL.
On the other hand banks continued to take the centre stage today as well, with National Bank of Pakistan rising by 2.08 percent to close at Rs59.30.
PSO was up 1.34 percent at 340.50 rupees.
In the currency market rupee closed higher at 106.53/106.58 against the dollar, compared to Tuesday’s close of 106.78/106.84.
