Wednesday, November 6, 2013

Pakistani stocks rise 374 points; rupee closes steady

Pakistan News
Karachi: Pakistan's principle stock trade shut higher on Wednesday, with the benchmark 100-portion file of the Karachi Stock Exchange climbing 1.64 for every penny, or 374.51 focuses, to 23,165.21. A hole of six weeks later, the Karachi market record crossed the 23,000 imprint on replenished purchasing by nearby and outside gurus. Positive news streams were
recorded in the material, telecommunications and fertiliser segments, merchants said. Pakistan State Oil Co Ltd rose 5 for every penny to 295.39 rupees while Engro Corporation Ltd was up 4.99 for every penny at 133.11 rupees. The rupee finished enduring at 107.23/107.29 against the dollar, contrasted and Tuesday's close of 107.23/107.28. Overnight rates in the currency advertise rose to 9.40 for every penny from Tuesday's close of 8.50 for per cent.

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