KSE gains 24 points amid thin trade

KARACHI: The main Index at Karachi Stock Exchange (KSE) ended slightly higher in light trading, taking cues for global markets, with investors buying energy shares following a rise in international prices.

The Karachi Stock Exchange's (KSE) benchmark 100-share index ended 0.21 percent, or 24.54 points, higher at 11,557.37on turnover of just 27.47 million shares.

"An increase in crude oil prices helped oil stocks like OGDCL (Oil and Gas Development Co Ltd), POL (Pakistan Oilfields) and PPL (Pakistan Petroleum Ltd)," said a stock dealer at KSE.

OGDCL ended 0.58 percent higher at 154.00 rupees, POL rose 0.1 percent to 356.61 rupees, and PPL gained 1.04 percent to end at 174.24 rupees. (Reuters)