KARACHI - Renewed interest in mid cap stocks helped index to post gains. Cements and refinery stocks rallied amid falling commodity prices. Oil exploration companies remained under pressure due to falling international oil prices said Samar Iqbal AVP at Topline Securities.

The KSE benchmark 100-share index posted a fresh gain of 179.69 points or 0.60 percent to end the day at 30158.63 points compared to 29978.94 points of the previous day.

KSE-Allshare index increased by 149.46 points or 0.68 percent to stop the trading at 22080.38 points, KSE-30 index gained 79.99 points or 0.39 percent to conclude the session at 20376.31 points while KMI-30 index higher by 203.23 points or 0.42 percent to finish the trading at 48869.77 points.

SC verdict over OGDCL privatisation supports bull run at local bourse while no trigger witnessed in the market, experts observed. Trading took place in 422 companies where gainers beat the losers 270 to 125 while the value of 27 stocks remained intact. Rafhan Maize was the highest price gainers of the day up by Rs 549.95 to Rs 11999.95 followed by Bata (Pak) up by Rs 42 to Rs 3200. Nestle Pak and Phillip Morris Pak were the top price losers of the day decreased by Rs 101 to Rs 7599 and Rs 22.62 to 800.38.  The day turnover of market was 230.002 million shares compared to 120.033 million shares of the previous day and the value of traded shares was climbed to Rs 8.759 billion from Rs 5.836 billion. The capitalisation of the market maintained at Rs 7.001 trillion after opening at Rs 6.955 trillion of the previous day.  The chart of companies reflecting significant turnover topped by Bank of Punjab with 23.089 million shares as it closed at Rs 8.53 after opening at Rs 8.10. Ghani Automobile was the second highest on chart with 22.207 million shares up by Re 0.99 to Rs 6.54. It was followed by Dewan Motors with 12.195 million, Engro Fertilizer Ltd with 9.699 million, Descon Chemical with 7.695 million, Pak Elektron XR with 6.770 million, Lotte Chemical with 6.259 million, Pervez Ahmed with 6.198 million, Fauji Cement XD with 5.254 million and Pak Int.

Bulk with 4.992 million shares respectively.