Slav Defence
THINK TANK VICE CHAIRMAN: ANALYST
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KARACHI: Pakistans stocks closed higher on Monday in lackluster trade as investors trimmed their positions in the banking sector, dealers said.
The Karachi Stock Exchanges (KSE) benchmark 100-share index ended 0.09 per cent, or 17.03 points, higher at 18,653.06 points.
Bank Islami Pakistan Ltd fell 5.41 per cent to 6.30 rupees while Muslim Commercial Bank was down 1.32 per cent to 195 rupees.
In the currency market, the rupee ended weaker at 98.37/98.42 against the dollar, compared to Fridays close of 98.30/98.35.
Overnight rates in the money market remained flat at 9.40 per cent.
The Karachi Stock Exchanges (KSE) benchmark 100-share index ended 0.09 per cent, or 17.03 points, higher at 18,653.06 points.
Bank Islami Pakistan Ltd fell 5.41 per cent to 6.30 rupees while Muslim Commercial Bank was down 1.32 per cent to 195 rupees.
In the currency market, the rupee ended weaker at 98.37/98.42 against the dollar, compared to Fridays close of 98.30/98.35.
Overnight rates in the money market remained flat at 9.40 per cent.
