KSE tad better on fertilizsers

KARACHI: Karachi Stock Exchange (KSE) Wednesday ended higher led by buying in fertiliser stocks such as Fauji Bin Qasim.

The KSE benchmark 100-share index closed 0.29 percent, or 32.59 points, higher at 11,297.02 on turnover of only 75.72 million shares.

"The market ended higher led by oil and fertilizer sector scripts on institutional interest in oversold scripts on higher local fertilizer prices," said Ahsan Mehanti, director at Arif Habib Investments Ltd.

Fauji Bin Qasim ended 4.89 percent higher at 52.10 rupees. (Reuters)