KARACHI, Dec 27 (Reuters) - Pakistani stocks closed lower on
Thursday as investors booked profits during the holiday season.
The Karachi Stock Exchange's (KSE) benchmark
100-share index ended 0.21 percent, or 35.02 points, lower at
Stocks that ended positively included Byco Petroleum
, which rose 8.16 percent, or one rupee, to 13.26 per
share and Fauji Cement, which was up 2.04 percent, or
0.13 rupees, to 6.50 per share.
Stocks that fell included Karachi Electric, down
7.62 percent to 5.58 per share, and TRG Pakistan,
which fell 5.53 percent to 5.81 per share.
In the currency market, the Pakistani rupee ended at
97.45/97.50 against the dollar, compared to Wednesday's close of
Overnight rates in the money market ended at 8.75 percent
compared to Wednesday's close of 9 percent.
(Compiled by the Karachi newsroom)