KARACHI, March 7 (Reuters) - Pakistan's stock market closed
lower on Thursday, dragged down by index heavyweight Oil and Gas
Development Company Ltd, and Muslim Commercial Bank.
The Karachi Stock Exchange's (KSE) benchmark
100-share index ended 0.04 percent, or 7.54 points, lower at
The Oil and Gas Development Company Ltd fell 1.46
percent to 202.55 rupees, while Muslim Commercial Bank
was down 1.32 percent to 215.75 rupees.
In the currency market, the rupee ended at
97.95/98.00 against the dollar, stronger than Wednesday's close
Overnight rates in the money market remained flat at 9.40
(Compiled by the Karachi newsroom)