Karachi index falls 1.97% at close of day's trade

Karachi: Pakistan's benchmark stock index, the Karachi Stock Exchange 100 Index, fell 1.97 per cent at the close of trade yesterday.

The index of 100 companies traded on the Karachi Stock Exchange fell 234.92 to 11,677.27. Among the stocks in the index, 27 rose, 59 fell and 14 were unchanged.

Declines in the Karachi Stock Exchange 100 Index were led by Oil & Gas Development Co, Pakistan Petroleum Ltd and Fauji Fertiliser Co Ltd.

Active stocks

Engro Corp Ltd, which fell Rs1.89 to Rs125.49, was the most active stock by value in Pakistan.

The next most-active issues were Pakistan Oilfields Ltd, which fell Re1 to Rs362, and Fauji Fertiliser Co Ltd, which fell Rs9.91 to Rs188.44.