KARACHI: The bullish trend continued at the Pakistan Stock Exchange as the benchmark added 242.29 points to reach 47667 points level till midday on Thursday.
Earlier, the stocks started day with bullish note and gained 151 points to reach 47575.49 points level in early trading.
On Wednesday, the PSX shares index broke all previous records and closed at highest-ever level of 47,424.63 points by rallying 504.16 points (1.07%). HBL and MCB led the index by contributing 85 points to the gain and were up by 1.5 percent and 2.4 percent respectively. Fertiliser sector gained on the back of fertiliser off take numbers released by National Fertiliser Development Centre (NFDC) for the month of November, which indicated a MoM increase of 112%/32% for Urea/DAP, respectively. EFERT (rose 1.89%) and FFBL (1.61%) were major performers of the aforementioned sector. Overall, volumes increased by 37 percent to 273 million shares, while value rose by 49 percent to Rs16.4 billion.
