Banking stocks lead KSE to 11402 points

KARACHI: Share prices at Karachi Stock Exchange (KSE) rose on Tuesday mainly as a result of traders' interest in banking sector.

The KSE benchmark 100-share index ended 1.06percent, or 120.03 points, higher at 11402.04 on turnover of63.05 million shares.

"Buying in MCB Bank and NBP (National Bank of Pakistan) helped index to retain 120 points today," said a stock broker at KSE.

MCB ended 5 percent higher at 143.93 rupees and NBP rose 4.98 percent to end at 43.03 rupees. (Reuters)