Banks lead KSE to 22-mth high

KARACHI: Share prices at Karachi Stock Exchange (KSE) ended higher on Tuesday, led by banking shares including the Bank of Punjab and the National Bank of Pakistan onhopes of healthy corporate earnings which are due in the coming days.

The Karachi Stock Exchange (KSE) benchmark 100-share indexrose 0.21 percent, or 26.55 points, to 12,544 points.

Turnover reached 322.47 million shares, compared with 232.85million shares traded on Monday.

"The volume at KSE today reached a 22-month high," said a stock dealer.

BOP closed 12.35 percent higher at 9.10 rupees, and NBP rose1.17 percent to end at 49.43 rupees. (Reuters)