KARACHI, Jan 10 (Reuters) - Pakistani stocks closed lower on
Thursday as traders expressed worry over the potential impact of
a political demonstration planned in the capital next week.
The Karachi Stock Exchange's (KSE) benchmark
100-share index ended 1.27 percent, or 212.30 points, lower at
Pakistan Telecommunication Corporation Ltd fell
3.37 percent to 16.34 per share and Byco Petroleum was
down 0.68 percent to 13.24 per share.
Fauji Cement was up 1.25 percent to 6.47 per share
while Fauji Bin Qasim rose 0.28 percent to 38.85 per
In the currency market, the Pakistani rupee
strengthened, ending at 97.27/97.32 against the dollar, compared
to Wednesday's close of 97.30/97.35.
Overnight rates in the money market remained flat at 9.40
(Compiled by the Karachi newsroom)