KARACHI: The Pakistan Stock Exchange Thursday opened on positive note recouping 77 points to reach 50240 points level in early trading.
On Wednesday, the stock market remained volatile as well, where it made an intra-day high of 204 points and an intra-day low of 176 points and finally close up 18 points at 50,163 points.
Major contribution to the index came from OGDC (up 1.40%), UBL (0.81%) and ISL (4.0%) as they cumulatively contributed 69 points to the index. On the flipside, major laggards were HUBC (down 1.62%), ENGRO (1.08%) and NBP (2.16%) as they cumulatively eroded 49 points from the index. Market participation thinned while volumes were flat compared to the previous day. Traded value dipped 16% to Rs11.3b.