KSE-100 posts recovery, powers past 60,000 with nearly 2.9% gain – Markets

Value investors marked their return to the Pakistan Stock Exchange (PSX) on Wednesday as the benchmark KSE-100 index registered an increase of nearly 3% during intra-day trading.

At 3:20pm, the benchmark index was hovering at 60,882.28 level, an increase of 1,711.31 points or 2.89%.

Across-the-board buying was witnessed as index-heavy sectors including automobile assemblers, chemical,…