KARACHI - The Karachi stock market maintained bull-run on Wednesday and once again closed at a record high.

A dealer said, “Led by PTCL and OGDC index continued its bull run. PTC with 45m shares gained as December quarter earnings were excellent. Some institutional interest in OGDC helped it crossed 200 mark for the first time. SNGP, after the result, also rallied.”

At local equity market, the benchmark KSE 100-share index gained 85.05 points or 0.48 per cent to end the day at 17696.45 points as compared to 17611.40 points of the previous day.

KSE allshare-index grew by 67.92 points or 0.55 per cent to end the day at 12502.70 points, KSE 30-share index went up by 63.40 points or 0.44 per cent to finish the day at 14449.55 points while KMI 30-share index increased by 156.77 points or 0.51 per cent to close the day at 30636.42.

Market traded 261.955 million shares after opening at 236.324 million shares and the value of traded shares mounted to Rs 7.123 billion from Rs 6.896 billion. The capitalization of the local bourse settled at Rs 4.429 trillion as compared to Rs 4.405 trillion of the previous session.

During the session, trading took place in 356 companies where gainers outnumbered the losers by 192 to 145 while the value of 19 stocks remained unchanged. Bata (Pak) and National Foods were the top gainers of the day, up by Rs 19.90 to Rs 1473.90 and Rs 14.67 to Rs 308.62 while the top losers were led by Nestle Pakistan Limited and UniLever Pak, down by Rs 75 to Rs 4955 and Rs 75 to Rs 10275.

PTCLA was the volume leader of the day with 44.810 million shares as it closed at Rs 20.10 after opening at Rs 19.91. NIB Bank Limited was on the second position with 16.290 million shares, added Re 0.16 to Rs 2.77. It was followed by P.I.A.C (A) with 15.654 million, Sui North Gas with 13.383 million, Telecard Limited with 12.824 million, Fauji Cement with 11.841 million, WorldCall Telecom with 9.888 million, Maple Leaf Cement with 9.808 million, Dera Ghazi Khan Cement with 8.806 million and Wateen Telecom Limited with 7.272 million shares.