KARACHI: Despite losing some early gains, the Pakistan Stock Exchange remained in positive note as benchmark 100-index added 154 points to reach 39588.57 points level till midday.
Earlier, the bullish note helped stock gain 277.03 points to touch another highest level of 39712 points in early trading.
On Wednesday, the stocks clawed back all the losses as the index surged nearly a percent to close at the all-time high levels, led by financial and cement scrips, on robust results. The Pakistan Stock Exchange’s (PSX) benchmark 100-share Index closed higher 0.73 percent or 287.64 points to the all-time high index of 39,434.97 points. The highest index of the day remained at 39,590.29 points, while the lowest level of the day was recorded at 39,130.07 points. Turnover rose 27 million shares to 224.25 million shares. Trading value was up to Rs13.26 billion from Rs11.47 billion. The market capital expanded to Rs7.86 trillion from Rs7.82 trillion. Of a total of 361 companies, 161 ended up, 173 closed down and 27 remained unchanged.