KARACHI, Dec 9 (Reuters) - Pakistan's main stock exchange
closed higher on Monday, with the benchmark 100 share index
rising 0.52 percent, or 128.34 points, to 24,998.89.
After two percent or 568 points increase in the previous
week, the benchmark index further gained 128 points to close at
24,999 as institutions continued to support the market.
Reports about subsidised gas supply at Engro Fertilizers
kept Engro Corporation on investors' radar. Engro Corporation
Ltd also topped the volume, dealers said.
The Engro Corporation Ltd rose 3.36 percent to
159.90 rupees while Nishat Mills Ltd was up 1.48
percent at 117.20 rupees.
The rupee ended at 108.13/108.18 against the dollar,
compared to Friday's close of 108.32/108.38.
Overnight rates in the money market rose to 10.00 percent
from Friday's close of 9.75 percent.
(Compiled by the Karachi newsroom)