KSE Index closes 287 points higher

At close of trading at the Karachi Stock Exchange (KSE) on Thursday the KSE-100 index was at 13656.20 up 287.31 points from the on Wednesday’s close. Of total 370 active companies, the share prices of 221 companies advanced and those of 52 declined while the share prices of another 97 companies remained unchanged. The market volume was 114,327,089 shares worth 4,303,320,319.00. Meanwhile, Pakistan’s foreign exchange reserves fell to $15.417 billion in the week ending June 8 from $15.536 billion in the previous week, the central bank said on Thursday. From gulftoday