Karachi: Pakistan stocks ended higher on Tuesday with market confidence helped by foreign buying the previous day but turnover was low as cautious investors awaited the announcement of a new finance minister, dealers said.
Veteran banker Shaukat Tarin said last week he was stepping down to focus on private business interests.
The Karachi Stock Exchange's (KSE) benchmark 100-share index .KSE rose 47.82 points, or 0.50 per cent, to end at 9,546.38 on turnover of 82.22 million shares.
The index ended on a two-month low on Monday. "The buying by foreign investors slightly boosted confidence," said Asad Iqbal, managing director at Ismail Iqbal Securities Ltd.
Foreign investors bought shares worth $3.6 million on Monday, according to official data.
