After taking a break on Tuesday, the stocks continued to rise on Wednesday with the KSE-100 index adding 63.34 points to settle close to 30,500 levels at new all-time high 30,465.43 points.
Foreign investors were in the forefront of the buyers with net purchases of $3.82m worth equity. Sector-wise, the inflow amounted to $1.3m in oil and gas and around $0.5m each in banks and chemicals.
Local institutional players stood on the sidelines waiting perhaps for release of results of big-ticket corporates. The drop in volume also indicated lack of interest among local participants, in the last few days of Ramazan.
