KSE ends 90.35 points higher ahead of budget

Karachi: Karachi stocks rallied on Friday with investors optimistic ahead of the federal budget announcement, dealers said.

The Karachi Stock Exchange benchmark 100-share index rose 0.66 percent, or 90.35 points, to close at 13,876.97 on volume of 78.168 million shares, compared to Thursday's close of 13,786.62 points.

"There was positive sentiment about the budget, which helped lift the market," said a dealer at Al-Hoqqani Securities. (Reuters)