Karachi market Wednesday closed at yet another historic high with rising volumes and the index gains 208 points. The market witnessed a bullish momentum to close at 34,330 levels, up by 0.6pc.
Fertilizer sector rallied as FFC moved north due to investor’s expectations of better earnings and bonus. In Oil & Gas sector, Hascol witnessed euphoric growth hitting its upper circuit due to the expectation of better EPS in the upcoming result. In auto sector, Hino hit its upper circuit as it announced a tremendous quarterly result EPS of Rs28.67 versus Rs19.16 in the last quarter.