KARACHI, Dec 24 (Reuters) - Pakistani stocks closed higher
on Monday as there was higher institutional support in index
The Karachi Stock Exchange's (KSE) benchmark
100-share index ended 0.16 percent, or 26.60 points, higher at
"TRG remained the volume leader. Interestingly Engro Foods
due to some institutional support closed 5% up," said dealer
Samar Iqbal at Topline Securities.
Stocks that ended positively included TRG Pakistan
, which rose 4.16 percent, or 0.24 rupees, to 6.01 per
share and Engro Foods, which was up 5 percent, or 4.59
rupees, to 96.48 per share.
Stocks that fell included Dewan Cement, down 3.27
percent to 5.03 per share, and D.G.Khan Cement, which
fell 0.39 percent to 54.25 per share.
In the currency market, the Pakistani rupee ended at
97.48/97.55 against the dollar, compared to Friday's close of
Overnight rates in the money market remained flat at 9.40
(Compiled by the Karachi newsroom)