KARACHI, July 17 (Reuters) - Pakistan's stock exchange
closed lower on Wednesday, with the benchmark 100-share index of
the Karachi Stock Exchange falling 0.72 percent or 166.17 points
Selling in oil and fertiliser stocks brought the index below
the 23,000 points mark.
Engro Corp closed 5 percent lower due to concerns about gas
supply while renewed buying interest was seen in Hub Power
Company Ltd, dealers said.
Engro Corporation Ltd fell 5 percent to 167.78
rupees while Hub Power Company Ltd was up 1.16 percent
to 67.25 rupees.
In the currency market, the rupee ended weaker at
100.42/100.49 against the dollar, compared with Tuesday's close
Overnight rates in the money market close at 6.50 percent.
(Compiled by the Karachi newsroom)