KARACHI: Upward rally continued at the Pakistan Stock Exchange (PSX) as the benchmark 100-index gained massive 593 points to take the tally to 49198 points level till midday on Thursday.
Earlier, the stocks opened bullish gaining 217 points to reach 48822 points level in early trading.
On Wednesday, the PSX closed sharply lower on second consecutive day due to institutional profit-taking in the post earnings season. Volatile session was witnessed at the local bourse today as the index traded between an intraday high of 240 points and intraday low of 199 points to finally close at 48,605.14 points losing 84 points or (0.17pc). Scrips of 369 companies were traded, of which 130 gained in value, 222 declined and 17 remained unchanged. Overall, volume increased to 260 million shares as compared to 199 million shares changed hands yesterday. Traded value also increased to Rs13 billion.
