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Bullish Trend Returns to PSX on Friday; KSE-100 Index Gains Over 1,000 Points

The bullish trend returned to the Pakistan Stock Exchange (PSX) on Friday, resulting in the benchmark KSE-100 Index gaining over 1,000 points during the trading session.

The benchmark index rose by 1,045.96 points or 0.66 percent to reach 160,142.74 points.

Buying momentum was observed in key sectors including Automobile Assemblers, Commercial Banks, Fertilizer, OMCs, and Refineries. MCB, HBL, HCAR, WAHI, PSO, ARL, and MEBL were also trading in the positive zone.

It is worth recalling that the KSE-100 Index closed down by 481.40 points or 0.3 percent in the previous session to 159,096.79 points.

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