Pakistani stocks end lower; rupee weakens; o/n rates flat
KARACHI: Pakistani stocks closed lower on Thursday due to profit taking ahead of a public holiday, traders said.
The Karachi Stock Exchange (KSE) benchmark 100-share index ended 0.33 per cent, or 52.81 points, lower at 15,812.72, on total volume of 135.88 million shares.
In the currency market, the Pakistani rupee ended at 95.76/95.82 to the dollar, compared to Wednesday’s close of 95.62/95.68.
Overnight rates in the money market remained flat at 7.00 per cent.