Talking to APP, Stock Analyst, M.M Hassan said that the banking sector had led the bullish rally in the local stock market.

The National Bank of Pakistan (NBP) and NIB Bank were remained the most traded scrips because the investors have taken major positions, he added.

However, the result season has begin and whatever results announced till to-date by the companies were the beyond expectation of the market, he said, adding the such positive aspect will bring positive activities in the capital market in the future.

Total volume of shares traded was 103,000, which was down by 78,500 as compared to the previous day's closing.

Out of 129 companies' shares traded, the price of 80 was increased while the price of 49 decreased.

The price top gainer Siemens Engineering was increased by Rs.30.00 while the price of top loser decreased by Rs.12.50.

NIB Bank Ltd, Fauji Cement Co Ltd and NBP remained volume leaders on Wednesday, with volume of 56,000, 35,500 and 6,000 shares respectively.