KARACHI: The Pakistan Stock Exchange remained in positive zone till midday and gained 189.84 points to reach 48868.49 points level on Wednesday.
Earlier, the PSX again opened positive and added 247.56 points to take the tally to 48926.21 points level in early trading.
On Tuesday, the bearish sentiments persisted at the PSX, amid foreign selling the shares index declined by 209.89 points or (0.43%) to close at 48,678.65 level. Market opened on a shaky note, which was followed by heavy selling as the index lost to make an intraday low of 780 points. Mainly decline was seen in heavy weights such as LUCK and HBL which contributed 139 points to the index fall.
SSGC (rose 1.37%) was the volume leader as 22.6 million shares of the gas utility exchanged hands. LUCK (slump 3.23%), HBL (slide 1.98%) and OGDC (down 1.04%) were major index movers. Overall, volumes increased by 20 percent to 379 million shares, while value raised by 10.9 percent to Rs22.4 billion.
