KARACHI, May 10 (Reuters) - Pakistan's stocks closed higher
on Friday, driven by steady foreign buying in large cap stocks,
The Karachi Stock Exchange's (KSE) benchmark
100-share index ended 1.30 percent, or 254.81 points, higher at
Muslim Commercial Bank Ltd rose 5 percent to 249.43
rupees. Pakistan State Oil Company Ltd was up 3.83
percent to 212.15 rupees.
In the currency market, the rupee ended steady at
98.37/98.42 against the dollar, Overnight rates in the money
market fell to 9 percent from Thursday's close of 9.40 percent.
(Compiled by the Karachi newsroom)