KSE-100 Index today ends slightly higher at 158,037 points

The Pakistan Stock Exchange (PSX) saw a small rise on Friday, with buying activity in major sectors pushing the market upward.

The benchmark KSE-100 Index gained 83.91 points, or 0.05%, to close at 158,037.37.

Investors showed strong interest in sectors like commercial banking, oil and gas exploration, power generation, and refineries. Big companies such as MARI, OGDC, PPL, POL, HUBCO, ARL, MCB, MEBL, and NBP ended the day in positive territory, helping the index stay green.

This followed Thursday’s strong rally, when the KSE-100 Index jumped by 1,775.65 points (1.14%) to settle at 157,953.47. That surge came after news of a mutual defense agreement between Pakistan and Saudi Arabia, which boosted investor confidence and triggered across-the-board buying.

In the currency market, the Pakistani rupee continued its upward momentum. It strengthened for the 31st straight session in the inter-bank market, closing at 281.46 against the US dollar, slightly better than Thursday’s 281.47.

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