KARACHI: Bullish trend helped the stocks crossing 32,000 mark by gaining 285.92 points to reach 32164.07 level in early trading on Tuesday.
On Monday, the benchmark-100 index ended 1.85% higher as news of the central bank maintaining the policy rate at 6% spurred investors to buy banking stocks. The increase was the index’s highest this year so far, as a bearish momentum has made way for a surge in stock prices over the last few sessions. At close, the Pakistan Stock Exchange’s (PSX) benchmark KSE-100 index rose 1.85% or 579.55 points to end at 31,878.15. Trade volumes rose to 134 million shares compared with Friday’s tally of 141 million shares.