The bulls continued to bear on the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 index closing 94 points higher on Wednesday, marking a gain of 0.22per cent.
The index hovered above the 43,300-mark over the day, hitting a day's low of 43,146 and a high of 43,436 to close at 43,347 amid high volumes.
"Stocks closed higher amid support in selected oil, cement and textile stocks amid consolidation post major earnings announcements at PSX," but "concerns remained over $2.6 billion current account deficit for July-August," Ahsan Mehanti of the Arif Habib Corporation said.
Nearly 223 million stocks worth Rs12 billion were traded on the exchange, as 194 of the 372 traded symbols advanced. On the other hand,159 symbols retreated and 19 remained unchanged.
The technology and communication sector led the day's trading by a margin with 53.9m shares traded, while engineering and commercial banks followed with 26.2m and 20.1m shares traded respectively.
Volumes were led by:
WorldCall Telecom: 26.5m shares traded [-10.13pc]
TRG Pak Ltd: 24.5m shares traded [+0.52pc]
Dost Steels Ltd: 14.3m shares traded [-4.16pc]
Pace (Pak) Ltd: 8.7m shares traded [-2.04pc]
Bank Al-Falah: 8.3m shares traded [+1.71pc]
