Saturday, September 26, 2020
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Karachi stocks end higher

KARACHI: Pakistan’s main stock exchange closed higher, with the benchmark 100 share index of the Karachi Stock Exchange rising 1.45 percent, or 355.31 points, to 24,800.69.
Led by institutional buying helped market gain 355 points, thus enabling it to close at yet another high of 24,801 level.
The Fauji Cement Ltd. rose 4.55 percent to 14.03 rupees while Nishat Mills Ltd. was up 2.08 percent at 115.83 rupees.
The rupee ended steady at 108.50/108.56 against the dollar, compared to Wednesday’s close of 108.50/108.56.