Karachi index rises marginally

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KARACHI: Pakistan's benchmark stock index, the Karachi Stock Exchange 100 Index, rose 0.30 per cent at the close. The index of 100 companies traded on the Karachi Stock Exchange rose 50.05 to 16,942.37. Among the stocks in the index, 47 rose, 38 fell and 15 were unchanged.

Gains in the Karachi Stock Exchange 100 Index were led by Unilever Pakistan Ltd, Pakistan Oilfields Ltd and Karachi Electric Supply Corp.

Engro Foods Ltd, which rose Rs.1.99 to Rs.98.80, was the most active stock by value in Pakistan.The next most-active issues were Fauji Fertilizer Co Ltd, which rose to Rs.117.45, and Byco Petroleum Pakistan Ltd, which rose Rs.1 to Rs.13.93.

Courtesy: Times of Oman

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