KARACHI, Feb 12 (Reuters) - Pakistan's stock market closed
higher on Tuesday in a rally led by the banking sector, traders
The Karachi Stock Exchange's (KSE) benchmark
100-share index ended 0.36 percent, or 62.86 points, higher at
National Bank of Pakistan climbed by 4.29 percent
to 53.51 rupees and Muslim Commercial Bank
In the currency market, the rupee ended weaker at
98.06/98.11 against the dollar, compared to Monday's close of
97.96/98.01. The rupee had come under pressure after Pakistan
made a $145 million payment to the IMF, dealers said.
Overnight rates in the money market rose to 9.40 percent
compared to Monday's close of 9.25 percent.
(Compiled by the Karachi newsroom)