The Pakistan Stock Exchange (PSX) maintained its strong upward momentum on Friday, driven by consistent buying from local institutional investors that lifted overall market sentiment.
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During intraday trading, the benchmark KSE-100 index jumped 1,445.52 points to reach 166,818.83, marking a 0.87% increase from Thursday’s close of 165,373.31 points. The sharp rise reflects strengthening investor confidence amid sustained bullish activity.
The rally follows Thursday’s significant surge when the index climbed 2,184.78 points, or 1.34%, closing at 165,373.31 compared to 163,188.53 a day earlier.
Trading activity remained robust, with 498.36 million shares changing hands in the ready market, valued at Rs30.59 billion. This compared to 636.40 million shares worth Rs30.91 billion traded in the previous session.
Market capitalization rose to Rs18.744 trillion from Rs18.512 trillion a day earlier. Among 484 active companies, 289 recorded gains, 152 declined, and 43 remained unchanged, reflecting a broadly positive trading day.
