KARACHI: Pakistan Stock Exchange Wednesday opened gaining 286.32 points and crossed the psychological barrier of 35,000 mark to reach 35183.62 points level in early trading.
On Tuesday, the stocks staged recovery as the 100-index added 329.78 points (0.95%) to close at 34,897.30 points, led by OGDC and banking stocks. In E&P sector, OGDC was the volume leader as it gained to close near its upper circuit. Recovery was seen in the cement sector, as FCCL (1.70%), MLCF (1.07%) and DGKC (1.67%) increased in value from their previous day close. Volume increased by 6.4% to 197m shares while value also increased by 31% to Rs 9.2 billion. Cement stocks gained as renewed interest was observed. DGKC, MLCF and FCCL gained by 1.6%, 1% and 1.7% respectively,
