Classifieds | Archives | Jobs | About TGT | Contact | Subscribe
 | 
Last updated 2 minutes ago
Printer Friendly Version | TGT@Twitter | RSS Feed |
HOME LOCAL MIDEAST ASIA WORLD BUSINESS SPORT OPINION WRITERS
Pakistan stocks at record high for 2nd straight session
November 21, 2012
 Print    Send to Friend

KARACHI: Pakistani stocks closed slightly higher on Tuesday, settling at a record high for the second straight session, supported by telecom shares. 

The Karachi Stock Exchange (KSE) benchmark 100-share index nudged up 0.41 points to 16,251.79. That was the highest ever settlement and within striking distance of the market’s peak of 16,292.45 points, reached in intra-day trading on Nov.12.

Telecoms firm PTCL surged 3.05 per cent, or 0.54 rupees, to 18.22 per share, while DG Khan Cement rose 0.26 per cent.

Overnight rates in the money market ended at 9.90 per cent compared to on Monday’s close of 9.25 per cent.

Reuters

Add this page to your favorite Social Bookmarking websites
Comments
 
Post a comment
 
Name:
Country:
City:
Email:
Comment:
 
    
    
Related Stories
Pakistan, India trade continues to rise: Study
LAHORE: Trade between Pakistan and India is on a continuous rise, which comes despite the fact that economic ties often get complicated in the face of political tensions ..
'Pak Islamic finance to see asset growth'
KARACHI: Moody’s Investors Service has said the five-year strategic plan issued by the State Bank of Pakistan (SBP) will drive strong asset growth in the Islamic finance ..
Pakistan tax collection up by 2.99%: FBR
ISLAMABAD: Pakistan’s Federal Board of Revenue (FBR) witnessed a 2.99 per cent growth in revenue collection in the first month of this fiscal year compared with July 2013..
Pak businessmen in India to discuss trade potential
ISLAMABAD: In an effort to improve business relations, a task force of the Pakistan-India Joint Business Forum (PIJBF) will meet in New Delhi on August 7 to explore the p..
Pakistan names 37 mega projects given to China
ISLAMABAD: The Nawaz Sharif government issued a list of three dozen projects with an estimated cost of $39.6 billion to be financed by China in return for access to Gwada..
 
FRONTPAGE
 
GALLERY
 
PANORAMA
 
TIME OUT
 
SPORT
 
 
Advertise | Copyright