Summary The rupee ended weaker at 99.30/99.35 against the dollar compared to Thursday.
KARACHI (Web Desk) - Pakistan’s main stock exchange closed higher on Friday, with the benchmark 100-share index of the Karachi Stock Exchange rising 0.15 percent, or 41.35 points to 27,124.47.
In anticipation of monetary easing in tomorrow’s monetary policy announcement, cement and textile stocks rallied while profit taking was seen in the banking sector.
Renewed interest was also seen in oil stocks was seen, dealers said.
Nishat Mills Ltd rose 1.13 per cent to 128.50 rupees while Bank of Punjab was down 3.71 per cent to 10.64 rupees.
The rupee ended weaker at 99.30/99.35 against the dollar compared to Thursday’s close of 98.80/98.81.
Overnight rates in the money market remained flat at 10.00 per cent.
