KARACHI, May 7 (Reuters) - Pakistan's stocks closed higher
on Tuesday as the market continued to consolidate ahead of the
May 11 general election, dealers said.
The Karachi Stock Exchange's (KSE) benchmark
100-share index ended 0.03 percent, or 6.04 points, higher at
Oil and Gas Development Company Ltd rose 1.00
percent to 206.50 rupees and Pakistan Petroleum Ltd was
up 0.70 percent to 196.35 rupees.
In the currency market, the rupee ended steady at
98.28/98.33 against the dollar.
Overnight rates in the money market fell to 7 percent from
Monday's close of 9 percent.
(Compiled by the Karachi newsroom)