During trade hours, the index added over 1,500 points as investors rushed to buy stocks
KARACHI: The Pakistan Stock Exchange witnessed a bullish trend on Wednesday as the KSE-100 index gained more than 1,000 points.
The index gained 1,030 points during the day's trading session with investors trading shares valuing more than Rs7.86 billion.
The market closed at 42,310 points, reaching a high of 42,346 points during the day's trading.
A relaxed trading session was witnessed with KSE-100 volume trading 84.2 million shares today.
Textile stocks led the volumes with 26.2m shares being traded followed by commercial banks with 21.3m shares traded.
According to market analyst Mohammad Sohail, a bullish trend was seen in the market after the government announced to provide immediate packages to increase exports.