KARACHI: The Pakistani stocks remained in bullish trend and gained 93.10 points to reach 37485 points level till midday on Wednesday.
On Tuesday, the Pakistan Stock Exchange’s (PSX) benchmark KSE 100-share Index recorded a rise of 0.11% or 40.02 points to end at 37,392.29. According to Khan, the top performer of the aforementioned sector on Tuesday was SEARL (+4.85%). Trade volumes fell to 140 million shares compared with Monday’s tally of 227 million. Shares of 333 companies were traded. At the end of the day, 78 stocks closed higher, 231 declined while 24 remained unchanged. The value of shares traded during the day was Rs7.7 billion. K-Electric Limited was the volume leader with 44.1 million shares, gaining Rs0.03 to finish at Rs8.20. It was followed by Fauji Cement with 15 million shares, gaining Rs0.71 to close at Rs33.56 and Dewan Motors with 10.2 million shares, gaining Rs0.79 to close at Rs17.63.