Overnight rates in the money market rose to 9.25 per cent from Wednesday’s close of 9.00 per cent.
Pakistani stocks ended slightly lower yesterday, with the benchmark 100-share index of the Karachi Stock Exchange falling 0.06 per cent, or 16.92 points, to 29,766.38.
Renewed interest was also seen in the textile sector in anticipation of a favourable textile policy, Iqbal added.