Pakistan bourse turns bullish with gain of 637 points.

Bulls returned to the Pakistan bourse on Friday as stocks rallied and the benchmark KSE-100 index soared 637 points. Following two bearish sessions, the stock market exhibited a U-turn and erased losses of the past two days. After a brief open in the positive zone, the market fell, but robust investor sentiment again took it into the positive territory.

The first session ended with a gain of 215 points. The second session also opened positive and the rally continued, helping the market close with considerable gains. At close, the benchmark KSE 100-share Index recorded an increase of 636.92 points, or 2.03 percent, to settle at 32,070.81 points. Trading volumes were up...