Karachi index rises 101 points

Karachi: Pakistan's benchmark stock index, the Karachi Stock Exchange 100 Index, rose 0.62 per cent at the close of the trading session. The index of 100 companies traded on the Karachi Stock Exchange rose 100.91 to 16,371.39. Among the stocks in the index, 54 rose, 35 fell and 11 were unchanged.

Gains in the Karachi Stock Exchange 100 Index were led by Oil & Gas Development, Karachi Electric Supply and Pakistan State Oil. Dg Khan Cement, which rose 1.95 rupees to 55.39 rupees, was the most active stock by value in Pakistan.  The next most-active issues were Pakistan State Oil, which rose 7.83 to 225.50 rupees, and Lucky Cement, which rose 2.59 rupees to 144.25 rupees.


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