Stocks rose further on Wednesday with the KSE-100 index posting gain of 335.26 points or 1.15 per cent to close above the 29,500 points level at 29,595.55.
Renewed investor interest following the unequivocal support extended to the government at the ongoing joint session of the Parliament, has enabled index to recoup 1,101 points or 3.84pc in two days. It takes care of net 304 points or 1.05pc lost last week and much of the index decline the week before.
Many market players and floor brokers expressed confidence that the index could cross the 30,000 level in the coming days as the benchmark had settled close to its intra-day high at 29,650.23 on Wednesday; the downside was limited to just 89 points to intra-day low at 29,260.
