Karachi Stock Exchange makes modest gains

KARACHI: Local capital market extended its rally on Wednesday to make modest gains as Karachi Stock Exchange's (KSE) Geo News reported.

Buoyed by Engro Corporation, Muslim Commercial Bank and cement companies the benchmark 100-share index ended 0.34 percent, or 60.60 points, higher at 17,753.97 points.

Engro Corporation climbed 4.92 percent to 126.90 rupees and Muslim Commercial Bank Ltd rose 0.88 percent to 190.50 rupees. Lafarge Pakistan Cement Ltd was up 9.83 percent to 6.59 rupees.