Mfarhanonline Business News KARACHI: Share prices at Karachi Stock Exchange (KSE) ended more than 1.2 percent higher on Wednesday as investors bought fertiliser and energy shares buoyed by healthy corporate results, dealers said.
The Karachi Stock Exchange (KSE) benchmark 100-share index rose 1.26 percent, or 145.78 points, to end at 11,745.06.
Volume rose to 72.96 million shares, compared with 56.3 million shares traded on Tuesday.
“There was interest in the energy sector after strong corporate earnings were announced,” a dealer at KSE said.
Pakistan Oilfields Ltd announced a net profit of7.8 billion rupees($92.2 million)for nine months ending March31, a 40 percent increase from the same period last year. It ended 2.15 percent higher at 325.89 rupees.
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