KSE-100 index gains over 300 points

The bull took charge at the Pakistan Stock Exchange (PSX) on Wednesday as shares climbed over 300 points on positive investor sentiment. According to the PSX website, at 12:04pm, the benchmark KSE-100 index climbed 512.78 points, up by 0.8 per cent, to stand at 64,967.0 from the previous close of 64,454.22. The bourse retracted marginally and closed at 64,822.43, up by 368.21 points or 0.57pc from the previous close. Mohammed Sohail, chief executive of Topline Securities, said that the upward trajectory continued on expectations of measures to address economic and circular debt issues by the Special Investment Facilitation Council (SIFC).