KARACHI, Jan 7 (Reuters) - Pakistani stocks closed lower on
Monday as political uncertainty caused investors to trim their
positions at local bourses. Volumes also remained on the lower
The Karachi Stock Exchange's (KSE) benchmark
100-share index ended 0.88 percent, or 146.19 points, lower at
In the currency market, the Pakistani rupee ended
nearly steady at 97.42/97.48 against the dollar, compared to
Friday's close of 97.42/97.47.
Financial Services firm Jahangir Siddiqui fell
3.52 percent to 14.80 per share and Byco Petroleum was
down 1.6 percent to 13.57 per share.
Maple Leaf Cement was up 2.56 percent to 14.85 per
share while Askari Bank rose 2.1 percent to 18 per
Overnight rates in the money market remained flat at 9.25
(Compiled by the Karachi newsroom)