Share prices surpassed new milestone on Wednesday amid aggressive buying by local and foreign investors taking the index to well over the historic 63,000 mark, reported 24NewsHD TV channel.

The benchmark KSE-100 index bulldozed the 63,000 barrier and was currently being traded at 63,931 up by 975 points.

On Tuesday, the index had closed at new highest-ever level of 62,956.03 points, with a net gains of 462.97 points or 0.74 percent. The index dropped at 62,215.19 points intraday low due to profit-taking in some stocks, however renewed investors interest supported the market to recover its losses and closed in positive zone with healthy gains.

Trading activity also improved as daily volumes on ready counter increased to 765.418 million shares as compared to 734.294 million shares traded on Monday. The daily traded value on ready counter declined to Rs 30.858 billion against previous session’s Rs 31.641 billion.

Foreign investors also remained net buyers of shares worth $925,538 on Tuesday. Total market capitalization increased by Rs88 billion to Rs9.093 trillion. Out of total 383 active scrips, 188 closed in positive and 177 in negative while the value of 18 stocks remained unchanged.

Reporter Ayaz Rana