KARACHI: The Pakistan Stock Exchange Wednesday took a positive start and gained 307.81 points in early trading to reach 31382.19 points level.
On Tuesday, the stocks closed almost flat amid global equities turmoil after WTI crude oil fell below $30/barrel. The PSX index gained only 9.26 points and closed at 31074.38 points. Despite fall in international oil prices, index was in pressure in the early hours but recovered in the end to close marginally up. Traded volume decreased by 16.4% to 108m shares, while traded value remained unchanged at Rs6.5b/$62m. Out of total 303 traded companies in the session, 155 closed in decline, 126 in advance while 22 remained unchanged.