Food firms lead gains on Karachi benchmark
Pakistan's benchmark Karachi Stock Exchange 100 Index, rose 0.22 per cent at close of trade Tuesday
Karachi Pakistan's benchmark stock index, the Karachi Stock Exchange 100 Index, rose 0.22 per cent at the close of trade Tuesday.
The index of 100 companies traded on the Karachi Stock Exchange rose 30.58 to 14,062.09. Among the stocks in the index, 42 rose, 50 fell and 8 were unchanged.
Gains in the Karachi Stock Exchange 100 Index were led by Nestle Pakistan Ltd, Engro Foods Ltd and Pakistan Petroleum Ltd.
Engro Corp Ltd, which rose Rs4.15 to Rs113.90, was the most active stock by value in Pakistan.
The next most-active issues were Attock Refinery Ltd, which rose to Rs129.63, and Lucky Cement Ltd, which rose to Rs128.64.
In the currency market, Pakistan's rupee fell 0.1 per cent against the US dollar Tuesday.
