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PSX Extends Rally, Surpasses 40,000-mark Again

KARACHI: Stocks extended the rally on Wednesday as the index soared over 800 points to power past the 40,000-mark once again.

At close, the benchmark KSE-100 index recorded an increase of 816.67 points, or 2.06%, to settle at 40,531.13.

Overall, trading volumes increased to 180.3 million shares compared with Tuesday’s tally of 161.5 million. The value of shares traded during the day was Rs7.6 billion.

Shares of 362 companies were traded. At the end of the day, 262 stocks closed higher, 79 declined and 21 remained unchanged.