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KSE eases towards 16,200 points

Posted by Anonymous on Monday, 12 November 2012 | 0 comments

KARACHI: Pakistani stocks eased towards 16,200 points on Monday, as weakness in Engro Corp and oil shares offset a rise in bank stocks.

Engro fell 4.1 percent to 91.33 rupees, while JS Bank rose 10.83 percent, or 0.64 rupees, to 6.55 per share.

Azgard Nine rose nearly 7.38 percent, 0.52 rupees, to 7.57 per share.

The Karachi Stock Exchange (KSE) benchmark 100-share index ended 0.18 percent, or 29.59 points, lower at 16,213.68. (Reuters)