KARACHI: Pakistan's main stock exchange closed higher on Monday, buoyed by interest in oil and cement stocks.
The benchmark 100-share index of the Karachi Stock Exchange rose 0.86 per cent or 200.80 points to 23,437.99.
Faysal Bank Ltd rose 3.3 per cent to 11.90 rupees while Maple Leaf Cement Factory Ltd was up 1.47 per cent at 30.42 rupees.
The rupee ended weaker at 102.57/102.64 against the dollar, compared to the previous close of 102.24/102.29.
Overnight rates in the money market fell to 6.50 per cent from the previous close of 8 per cent.