KARACHI, July 1 (Xinhua) -- Pakistani stocks got off to a flier in the first session of Financial Year 2009-10 here Wednesday as a great piece of buying activity lifted the Karachi Stock Exchange (KSE) to above 7,200 levels.

    Investors, both local and foreign, made full use of the scrips available at attractive levels right from the word go that inspired the main index to hit intraday highest levels of the day at 7,282.17.

    At 12:39 (0639 GMT), the benchmark KSE 100-Index was trading at 7,271.99 levels, showing a surge of 109.81 points. KSE 30-Index bolstered by 148.50 points to reach at 7,719.58 and KSE All Share Index soared by 73.52 points and was trading at 5,195.25 levels here.

    Market volumes were showing positive investor activity as turnovers of 51,388,720 shares have been witnessed so far.

    Bulls were in strength on the active issues' table, where a total of 205 scrips showed activity, out of which, value of 149 equities advanced, 41 declined, whereas prices of 15 stocks remained unchanged.

    Oil and Gas Development Company Limited was leading the volumes leaders' chart with 4,664,700 volumes, followed by DGK Cement and Fauji Fertilizer Bin Qasim with 4,128,800 and 4,007,000 turnovers respectively.