KARACHI, March 19 (Reuters) - Pakistan's stock market closed
higher on Tuesday, boosted by higher volumes and a recovery in
the banking sector, dealers said.
Karachi Stock Exchange's (KSE) benchmark 100-share
index ended 1.15 percent, or 201.37 points, higher at 17,693.37
Strong cotton prices supported the textile sector, said
Samar Iqbal at Topline Securities.
Muslim Commercial Bank Ltd rose 3.14 percent to
188.75 rupees while Nishat Mills Ltd was up 4.99
percent to 81.99 rupees.
In the currency market, the rupee ended weaker at
98.13/98.18 against the dollar, compared to Monday's close of
Overnight rates in the money market fell to 9 percent from
Monday's close of 9.25 percent.
(Compiled by the Karachi newsroom)