The market ended its recent run of negative finishes to close Wednesday’s trading session with a 560 point gain. The session witnessed extreme volatility as the market swung between positive and negative before finally closing in the green.
The trading range was 1,938 points or 4.32 % of previous close as the index touched an intraday high of 45,765.35 (+850.90 points or 1.89%) and a low of 43,826.67 (-1,087 points or -2.42%).
Gainers were led by Service Ind. Ltd +49.00, followed by Millat tractors +46.00, Pak Suzuki +32.79, Honda Atlas Cars +31.97 and Indus Motors +23.10
Decliners were Pak Services -47.50, Wyeth Pak -42.25, Hinopak Motor -32.50, Siemens Pak -26.99 and Ghandhara Ind. -21.77.
All Share Volume increased by 51.50 Million to 346.47 Million Shares. Market Cap increased by Rs.77.73 Billion.
Total companies traded were 377 compared to 386 from the previous session. Of the scrips traded 190 closed up, 173 closed down while 14 remained unchanged.
Total trades increased by 18,851 to 83,959.
Value Traded increased by 3.67 Billion to Rs.16.63 Billion