KARACHI: The stocks recouped the overnight losses just after start of the day and added 350.38 points to regain 40,000 mark and reached 40121.80 points level in early trading on Thursday.
On Wednesday, heavy selling was witnessed at the Pakistan Stock Exchange amid rising political and border tensions as the benchmark 100-share index fell by 569 points (1.4%) and closed below the psychological mark of 40,000 points. The stock market closed at 39,771.42 points. Volumes declined by 23% to 693m shares while value declined by 8.2% to Rs19.0b/$182m. Volumes declined by 23% to 693m shares while value declined by 8% to Rs19.0b/$182m. Among other stocks, investors booked profits in TRG Pakistan (TRG), Sui Southern Gas Pipelines (SSGC) and Sui Northern Gas Pipelines (SNGP), which resulted in the scrips closing at their lower limits.
