KARACHI: The Pakistan Stock Exchange (PSX) on Thursday witnessed buying spree as the benchmark KSE-100 Index jumped nearly 2% during trading on Thursday.
At close, the index settled at 62,052.23 level, an increase of 1,188.61 points or 1.95%.
Index-heavy sectors such as automakers, chemicals, commercial banks, fertilizers, oil and gas marketing firms, oil and gas exploration companies, power generation, and real estate traded in the green were among the ones that saw widespread buying.
Volume on the all-share index increased to 676.2 million from 669.3 million a session before.
The value of shares rose to Rs20.2 billion from Rs16.1 billion in the previous session.
K-Electric Ltd was the volume leader with 62.8 million shares, followed by WorldCall Telecom with 46.1 million shares, and Fauji Foods Ltd at 43 million shares.
Shares of 382 companies were traded on Thursday, of which 283 registered an increase, 83 recorded a fall, while 16 remained unchanged.
