KARACHI: The Pakistan Stock Exchange (PSX) extended gains on Friday as buying rally continued in different sectors.
At 10:50 am, the KSE-100 index surged by 557.20 points to reach 171,732.70 points, reflecting a positive change of 0.33 percent compared to previous close of 171,175.50.
Significant purchasing interest has been recorded across major industries, such as auto manufacturers, cement producers, commercial banking institutions, and oil and gas exploration firms.
A day earlier, the benchmark KSE-100 Index turned around to bullish trend on Thursday, gaining 984.86 points, a positive change of 0.58 percent, closing at 171,175.51 points against 170,190.64 points on the last trading day, according to PSX data.
During the session, the ready market recorded a trading volume of 697.166 million shares with a traded value of Rs 26.135 billion, compared to 551.946 million shares valuing Rs 23.759 billion in the previous session. The market capitalization increased to Rs 18.983 trillion from Rs 18.864 trillion a day earlier.
Out of 492 active companies in the ready market, 316 advanced, 128 declined, and 48 remained unchanged.
