Karachi Stock Exchange rallies over 290 points

KARACHI: The Karachi Stock Exchange (KSE) closed higher on Wednesday drawing strength form the incoming government's energy policy plans, Geo News reported.

The benchmark KSE-100 Index ended 1.37 percent, or 290.90 points, higher at 21,458.90.

Karachi Electric Supply Company Ltd (KESC) rose 7.09 percent to Rs6.80, whereas Fauji Fertilizer Company Ltd (FFC) jumped by 1.40 percent to close at Rs115.52.