Stocks gain ground as political tensions simmer
The Pakistan Stock Exchange (PSX) closed higher on Wednesday, with the benchmark KSE-100 Index gaining 210 points to close at 41,260.
The index had opened lower, but gathered momentum towards the middle of the session after touching a day's low of 40,971. It eventually climbed to a high of 41,294 points towards the end of the session.
Of the 365 scrips traded in the day, 189 advanced, 142 declined and 34 remained unchanged.
Volumes on the broader market remained low, as only 97.4 million shares worth Rs5.7 billion were traded during the day.
The oil and gas and E&P sectors dominated trading with 15.0m and 14.7m shares traded, respectively.
Volumes were led by:
Sui South Gas: 8.8m shares traded [+3.28pc]
Japan Power: 7.6m shares traded [+17.19pc]
K-Electric Ltd: 5.9m shares traded [+3.56pc]
TRG Pak Ltd: 5.7m shares traded [+2.64pc]
Sui North Gas: 5.5m shares traded [+3.08pc]