KARACHI: The Pakistan Stock Exchange remained bullish till midday and added 177.72 points to take the tally to 48882.71 points level on Thursday.
Earlier, the PSX recouped some previous losses in early trading after gaining 70 points to reach 48775 points level.
On Wednesday, the profit-taking halted upward trajectory of the PSX as a result the shares index lost 122 points or (0.25%). Volatility prevailed in the market as the index traded between an intraday high of 241 points and intraday low of 192 points to finally close at 48,705 level.
Profit-taking was witnessed in fertiliser sector as the sector closed (0.4%) lower than its previous day close. FATIMA (down 0.97%) and FFBL (1.01%) were top losers of the aforementioned sector. Pressure was witnessed in the Cement sector as investors await cement dispatch numbers due to be released later this week. CHCC (slump 2.25%) and FCCL (105 were major losers from the aforementioned sector.
Overall, volumes decreased by 19.5 percent to 403 million shares, while value decreased by 20 percent to Rs21.7 billion.
