KARACHI: The stocks recouped the overnight losses on Wednesday as benchmark 100-index gained 159.72 points to reach 35742.07 points level in early trading.
On Tuesday, the local equities snapped their seven-day positive streak as the benchmark KSE-100 index dipped close to the 36,500 level amid profit-taking and lack of interest in financial stocks. At close on Tuesday, the Pakistan Stock Exchange’s (PSX) benchmark KSE 100-share index fell 0.38% or 141 points to end at 36,582.35. Trade volumes rose to 298 million shares compared with Monday’s tally of 265 million. Shares of 385 companies were traded. At the end of the day, 156 stocks closed higher, 199 declined while 30 remained unchanged. The value of shares traded during the day was Rs11.4 billion.
