KARACHI: The Pakistan Stock Exchange remained bullish till midday as the benchmark 100-index gained 100.15 points and reached 39763.86 points level on Wednesday.
Earlier, the PSX opened keeping bullish note and added 175.80 points to reach 39839.51 points in early trading.
On Tuesday, the international crude prices surge led local oil stocks to gain as PSX shares index rallied 187.54 points (0.48 percent) to close at 39663.71 points. WTI traded comfortably around $43/barrel. All major players remained comfortable in the green zone, where top performers of the aforementioned sector today were OGDC (rose 1.35 percent) and POL (up 3.31 percent). Today’s traded volumes increased by 11 percent to reach 221 million while the value increased by 45 percent to Rs11.5 billion. KEL was the volume leader with 33mn shares traded, where as HBL gained by 1.7 percent contributing 44 points to the gain in index.