PSX rebounds, gains 641 points
Pakistan Stock Exchange (PSX) staged a sound recovery on Wednesday as renewed buying towards the close lifted the benchmark index firmly into the positive territory, reversing the previous session's trend after volatile trading amid domestic political uncertainty and rising international oil prices. The KSE-100 index gained 641.07 points, or 0.39%, and settled at 165,417.51. It touched the intra-day high of 165,629.35 and low of 164,060.34. Earlier, the market opened on a cautious note, with the index rising to 165,032.13, gaining 255.69 points, or 0.16%, by 9:33 am. However, continuous fluctuations pushed it into negative territory and the bourse hit 164,770.12 at 12:38 pm, down 6.32 points.