KARACHI: The Pakistan Stock Exchange Thursday continued the previous day’s bullish note and opened positive, adding 120.42 points to reach 30907 points in early trading.
On Wednesday, the PSX finally showed some recovery after witnessing fall in last six trading sessions. Investors took fresh positions on attractive valuations, which led the index to close up by 222 points (0.73%) to close at 30,786.60 points. MLCF, DGKC and FCCL closed up by 3.48%, 2.17% and 1.18% respectively. Traded volume decreased 20% to 138 million shares, compared to 172m shares of Tuesday and traded value decreased 2.9% to Rs6.6b/$64.0m. Out of total 334 traded companies in the session 224 closed in advance, 94 in decline while 16 remained unchanged.