Karachi index falls 45 points

KARACHI: Pakistan's benchmark stock index, the Karachi Stock Exchange 100 Index, fell 0.27 per cent at the close.

The index of 100 companies traded on the Karachi Stock Exchange fell 44.90 to 16,863.12. Among the stocks in the index, 41 rose, 47 fell and 12 were unchanged.

Declines in the Karachi Stock Exchange 100 Index were led by Mcb Bank, Oil & Gas Development Company and Nestle Pakistan.

Fauji Fertilizer, which rose 1 rupee to 115.00 rupees, was the most active stock by value in Pakistan.

The next most-active issues were Pakistan State Oil, which fell 1.92 to 232.50 rupees, and Trg Pakistan, which rose 1rupee to 5.65 rupees.


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