KARACHI, Jan 29 (Reuters) - The Pakistani stock market
closed higher on Tuesday, with buying triggered by expected
healthy corporate results to be announced for December.
The Karachi Stock Exchange's (KSE) benchmark
100-share index ended 0.98 percent, or 167.05 points, higher at
Business conglomerate Engro Corporation gained
4.36 percent after the Economic Coordination Committee announced
a new gas loading management plan, said dealer Samar Iqbal at
Telecard Ltd was up 27.31 percent at 3.45 rupees.
Fauji Cement was down 2.09 percent at 7.95 rupees
while Byco Petroleum fell 1.55 percent to 13.94
In the currency market, the rupee ended at
97.64/97.69 against the dollar, stronger than Monday's close of
Overnight rates in the money market were flat at 9.40
(Compiled by the Karachi newsroom)