KARACHI: The Pakistan Stock Exchange Thursday remained bullish till midday as the benchmark 100-index added 149.67 points to take the tally to 49906.44 points level.
Earlier, the stocks opened recouping the overnight losses and gained 87 points to 49843.47 points level in early trading.
On Wednesday, the institutional profit-taking was witnessed at PSX as a result the benchmark index declined by 212 points or (0.42%) to close at 49,756.77 level. Profit-taking was witnessed in cements sector, as DG Khan Cement (DGKC), Maple Leaf Cement (MLCF) and Pioneer Cement (PIOC) declined between 0.8 percent to 1.5 percent. Japan Power emerged as volume leader with 48 million traded shares, while Dost Steels 34 million shares and TRG Pak with 28 million traded shares remained in spotlight in the session. Overall, volumes decreased by 10 percent to 459 million shares, while traded value decreased by 10.8 percent to Rs25.4 billion.
