KARACHI: The Pakistan Stock Exchange rebounded with 270.71 points till midday to reach 48912.92 points level on Thursday.
Earlier, the stocks started trading on positive note as the benchmark 100-index gained 73.67 points to reach 48715.88 points level in early trading.
On Wednesday, the index closed slightly negative by 36.44 points or (down 0.07%) to close at 48,642.21 level. Market opened on a positive note and rallied to make an intraday high of 292 points but came under selling pressure as the day progressed. Major decline was seen in OGDC as Privatisation Commission announced to sell 5 percent shares. PAEL was the volume leader with more than 19 million shares traded. Overall, volumes decreased by 9 percent to 330 million shares, while value decreased by 2.2 percent Rs21.9 billion.
