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PSX: buying continues. KSE-100 up nearly 400 points
Buying interest was evident at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index gaining nearly 400 points during Friday’s opening hours. At 11:10am, the benchmark index was hovering at 166,552.85, up 366.69 points or 0.22%. Key sectors saw buying, including automobile assemblers, cement, commercial banks, oil and gas exploration companies, OMCs, power generation, and refineries. Index-heavy stocks, including ARL, HUBCO, MARI, POL PPL, PSO, HBL, MCB, MEBL and UBL, traded in the green. In a key development, the Federal Board of Revenue (FBR) on Thursday further extended the de...
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