The bullish trend returned to the Pakistan Stock Exchange (PSX) on Wednesday, following a decline in the previous session.
At close, the benchmark index settled at 136,379.96 level, an increase of 440.09 points or 0.32%. The previous level was 135,939.87.
During the intraday trading, the stock market also reached an all-time high of 137,232.10 points; however could not maintain this level as selling pressure emerged, but the market remained in the green till the closing.
A total of 273,102,874 shares were traded during the day as compared to 879,118,158 shares the previous trading day, whereas the price of shares stood at Rs 20. 798 billion against Rs 38.608 billion on the last trading day.
As many as 482 companies transacted their shares in the stock market, 223 of them recorded gains and 221 sustained losses, whereas the share price of 38 companies remained unchanged.
Internationally, Asian stock markets were under pressure on Wednesday while the dollar climbed to its firmest against the yen since early April, after US inflation suggested tariffs are pushing prices up, dampening expectations for Federal Reserve policy easing.
