The 100-Index of the Pakistan Stock Exchange (PSX) gained 771.19 more points to close at 93,291.68 points on Friday, the first closing above the 93,000 level.
Brokerage House Topline Securities said that a decline in yields on fixed income instruments and improvement in macroeconomic indicators continue to garner investor interest.
The brokerage house highlighted that KSE 100 Index gained 2.68 percent on a weekly basis and attributed this gain to monetary policy meeting during the week in which SBP decreased the policy rate by 2.5 percent to 15 percent.
A total of 763,255,174 shares were traded during the day as compared to 678,788,064 shares the previous trading day, whereas the price of shares stood at Rs 30.206 billion against Rs. 24.827 billion on the last trading day.
As many as 446 companies transacted their shares in the stock market, 243 of them recorded gains and 146 sustained losses, whereas the share price of 57 companies remained unchanged.
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