Pakistan News
Karachi: Pakistan's principle stock trade shut lower on Monday, with the benchmark 100-allotment file of the Karachi Stock Exchange falling 1.20 for every penny or 271.26 focuses to 22,377.83.
Gurus wantedto trim their positions in desire of climbing pressures between Pakistan and the Us after the automaton ambush which executed Pakistani Taliban boss Hakimullah Mehsud. Market players feel that if strains press on to ascent, it will influence Pakistan's adjust of installments and the nearby cash, merchants said. Dg Khan Cement Co Ltd fell 2.86 for every penny to 68.60 rupees while Engro Corporation Ltd was down 2.09 for every penny to 121.15 rupees. The rupee finished weaker at 106.98/107.05 against the dollar, contrasted with Friday's close of 106.84/106.90. Overnight rates in the currency showcase rose to 8.25 for every penny from Friday's close of 7.00 p
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