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KARACHI: The Pakistan Stock Exchange (PSX) today (Wednesday) has continued its recovery, with the indices remained in the green throughout the day.
The benchmark KSE-100 Index marked its intraday high at 39,920.13 after gaining 792.65 points. It closed higher by 722.48 points at 39,849.96.
Meanwhile, the KMI-30 Index accumulated 1,426.60 points to end at 63,393.00, while the KSE All Share Index added 471.06 points, settling at 28,327.49.
The overall market volumes surged from 400.97 million shares to 431.14 million shares (+6pc). Hascol Petroleum Ltd (HASCOL +6.12pc), Unity Foods Ltd (UNITY +7.45pc) and TRG Pakistan Ltd (TRG +7.37pc) led the volume chart, exchanging 59.71 million, 34.57 million and 23.97 million shares, respectively.
Sectors that drove the benchmark index north included cement (+132.53 points), pharmaceutical (+74.30 points), and oil & gas marketing (+65.78 points). Stocks of 374 companies were traded, of which 288 gained in value, 72 declined and 14 remained unchanged.
Global equity markets displayed a mixed performance, whereas crude oil prices moved south from the previous close; WTI crude price declining 2.88pc to $39.50 while Brent crude oil price falling 2.51pc to $41.5.
