KARACHI: Led by Engro Foods and Lucky Cement, Karachi Stock Exchange closed higher on Monday to finish at 22,838.84 points.By the time the closing bell rang, the benchmark 100-share index was up by...
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AFP
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September 09, 2013
KARACHI: Led by Engro Foods and Lucky Cement, Karachi Stock Exchange closed higher on Monday to finish at 22,838.84 points.
By the time the closing bell rang, the benchmark 100-share index was up by 0.32 percent, or 72.97 points.
Analysts said that a strengthening regional markets and the arrival of the first tranche from the International Monetary Fund (IMF) fueled today’s bull-rush.
Engro Foods Ltd jumped 4.99 percent to close at Rs109.52, while Lucky Cement Ltd 2.3 percent to Rs244.