Pakistan stocks move higher.


The stock market once again bounced back in to green territory amid bull-run in global equities. However, trading remained thin due to short session on account of Defence Day. After a brief upward open, the KSE-100 slipped 200 points lower as selling pressure drove the index. However, a buying momentum towards the end of the session helped the index inch closer to the 30,500-point mark.

At close, the benchmark KSE 100-share Index recorded an increase of 252.43 points, or 0.84percent, to settle at 30,467.2 points. Overall, trading volumes plunged to 48.2 million shares compared with Thursday's tally of 146.5 million. The value of shares...

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