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Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Weekend Edition Singapore Asia Pacific World Pakistani stocks, o/n rates end up; rupee weakens Reuters - Saturday, February 5 Send IM Story Print KARACHI, Feb 4 - Led by middle tier shares, Pakistani stocks ended up on Friday on hopes of the launch of a margin trading system , dealers said. The chairman of the Securities and Exchange Commission of Pakistan is expected to visit the Karachi Stock Exchange on Monday, which dealers said raised expectations of a possible early launch of the MTS. "Bullish activity was witnessed ahead of the SECP chairman's consent to visit the KSE on Monday, to review the approval of the MTS," said Ahsan Mehanti, director at Arif Habib Investments Ltd. The Karachi Stock Exchange's benchmark 100-share index <.KSE> ended 0.45 percent, or 55.36 points, higher at 12,414.41 on turnover of 131.72 million shares. In the currency market, the rupee ended weaker at 85.53/58 to the dollar, compared with Thursday's close of 85.50/56 amid higher international oil prices. In the money market, overnight rates rose to end between 11.15 percent and 11.30 percent, compared with Thursday's close of 11 percent after the State Bank of Pakistan mopped up 25 billion rupees worth of treasury bills in a six day repo. Banks will be closed on Saturday because of Kashmir day. (For more Reuters coverage of Pakistan, see: http://www.reuters.com/places/pakistan) Recommend Send IM Story Print Related Articles "Flash crash" panel mulls big market changes Reuters - 28 minutes ago RPT-UPDATE 3-EU to end Chinese telecom probe despite subsidies Reuters - 32 minutes ago Cargill Canada beef plant gains Russia access Reuters - 33 minutes ago US-BUSINESS Summary Reuters - 40 minutes ago Fed's John Williams: recovery has achieved "liftoff" Reuters - 40 minutes ago News Search Top Stories Drive to unify euro economy as rescue roadmap set January snowstorms cloud US jobs market Saucy speaker's wife pic causes storm in Britain Germany, France launch new eurozone convergence plan Spanish lender Banco Popular's profits down 23% More Top Stories » ADVERTISEMENT Most Popular Most Viewed US golfer Woods finds old habits hard to shake Russia loses military satellite: reports US auto sales jump 17 percent in January Dow closes over 12,000 for first time since June 2008 Egypt's Mubarak to step down at September election More Most Viewed » More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Weekend Edition Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo! Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Entertainment Photos Yahoo! News Network Copyright © 2011 Yahoo! Southeast Asia Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Terms of Service | Privacy Policy | Community | Intellectual Property Rights Policy | Help

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