KARACHI: In a bid to recoup overnight losses, the Karachi stocks gained huge 219.72 points to reach34063.55 points level till midday on Wednesday.
The stock witnessed the highest trading level of 34109.71 points and lowest level of 33843.83 points, with the total volume of 62,986,120 shares, having Rs5,972,658,583 value.
On Tuesday, the Karachi Stock Exchange (KSE)-100 index lost 16.81 points to close at 33,843.83 points as compared to 33,860.64 of the previous session. The KSE-30 Index dropped 48.28 points and closed at 20,147.26 points against 20,195.54 points of the last closing.
The market volume decreased to 126.756 million shares traded as compared to 146.725 million shares traded in the previous session. Trading value at the local bourse rose to Rs 7.99 billion against Rs 7.202 billion of the previous session. Out of 369 scrips, 161 scrips advanced, 194 scrips declined while the value of 14 scrips remained unchanged. The KMI-30 index advanced by 97.29 points to close at 56,649.78 points as compared to 56,552.49 points of the previous session.