KSE 100-share index gains 62 points to close at 17.611.http://liveup2dates.blogspot.com/

KARACHI: Equities prices at Karachi Stock Exchange (KSE) closed higher on Tuesday in a rally led by the banking sector, traders said.

February 12, 2013 - Updated 1920 CCP
From Web Edition

The KSE-share index ended benchmark100 12:36 percent, or 62.86 points, higher at 17,611.40.



National Bank of Pakistan climbed to 53.51 percent by 4:29 rupees and Muslim Commercial Bank percent to hit 213.49 rupees.



In the currency market, the rupee ended weaker at 98.06/98.11 against the dollar, Compared to Monday's close of 97.96/98.01. The rupee had come under pressure after Pakistan made ​​a $ 145 million payment to the IMF, dealers said.



Overnight rates in the money market rose to 9:40 percent Compared to Monday's close of 9.25 percent.