Karachi: The Pakistani stock market closed all-time high on Tuesday as buying went up on the back of expectations of healthy corporate results to be announced for December.
The Karachi Stock Exchange’s (KSE) benchmark 100-share index ended 0.98 percent, or 167.05 points, higher at 17,172.04.
Business conglomerate Engro Corporation gained 4.36 percent after the Economic Coordination Committee announced a new gas loading management plan, said dealer Samar Iqbal at Topline Securities.
Telecard Ltd was up 27.31 percent at 3.45 rupees. Fauji Cement was down 2.09 percent at 7.95 rupees while Byco Petroleum fell 1.55 percent to 13.94 rupees.
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