Karachi: Pakistani stocks ended more than 1.3 per cent higher yesterday, buoyed by foreign buying following an increase in international oil prices, dealers said here.
The Karachi Stock Exchange's benchmark 100-share index ended 1.36 per cent, or 143.60 points, higher at 10,681.87 Tuesday.
Volume was 108.16 million shares compared with 80.54 million shares traded on Monday.
"The rise in international oil prices near $84 [Dh308.95] per barrel played as a catalyst role for the positive activity in the market," said Ahsan Mehanti, director at Arif Habib Investments Ltd.
Global oil prices rose yesterday ahead of an expected decision by the Federal Reserve to pump more money into the US economy and was trading at $83.31 a barrel at 10:34am GMT.
