KARACHI: The Pakistan Stock Exchange Thursday crossed the psychological barrier of 43,000 and reached 43090.55 points level after gaining 190 points in early trading.
On Wednesday, the stocks closed all-time high after gaining 269.44 points (up0.63 percent) to close at 42,901 points.
UBL and HBL contributed 73 points while PPL and POL contributed 40 points to the gain in index. ASTL (4.59 percent) and Mughal (4.31 percent) were the top performers in the aforementioned sector.
Investors’ interest was also seen in the cement sector, as the sector gained to close (1.37 percent) higher from its previous day close. ACPL and BWCL were top performers in the aforementioned sector, while POL (2.19 percent) and PPL (1.20 percent) in the E&P sector, gained to close in the green zone on the back surge in crude oil prices, as crude oil prices crossed $48/bbl level.
Overall, volumes increased by 6 percent to 495 million shares, while value rose by 11 percent to reach Rs18.1 billion/$173 million. OGDCL announced through a notice achieving the highest-ever crude production of 50157 barrels per day.