KARACHI: The stocks Thursday again started upward rally in early trading in added 139.37 points to reach 40196.89 points level.
On Wednesday, the Pakistan Stock Exchange ended steady after it hit an all-time closing high in the previous session, as investors sold blue chip stocks such as MCB Bank to book profits. Turnover fell by one million shares to 239.01 million shares, trading value rose to Rs15.37 billion against Rs13.27 billion, while market capital expanded to Rs8.01 trillion from Rs8.00 trillion. Of a total of 414 companies’ active in the session, 178 recorded in green, 214 in red while 22 remained unchanged.
K-Electric Ltd remained the volume leader with 17.43 million shares with an increase of six paisas to Rs8.62/share. It was followed by Pak Elektron with 13.09 million shares with an increase of 80 paisas to Rs74.64/share.
