Tuesday, November 5, 2013

Pakistani stocks end higher; rupee weakens

Pakistan News
Karachi: Pakistan's fundamental stock trade shut higher on Tuesday, with the benchmark 100-stake file climbing 1.84 for every penny, or 412.87 focuses, to 22,790.70. Replenished purchasing investment in oil stocks like Oil and Gas Development Co Ltd and Pakistan Petroleum helped the record pick up 150 focuses, merchants said. Oil and Gas Development Co Ltd rose 2.82 for every penny to 265.50 rupees while Pakistan Petroleum Ltd was up 3.31 for every penny at 207.40 rupees. The rupee finished weaker at 107.23/107.28 against the dollar, contrasted and Monday's close of 106.98/107.05. Overnight rates in the currency showcase rose to 8.50 for every penny from Monday's close of 8.25 for every cent.

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