The stock market extended its winning streak on the final trading day of the business week, with the benchmark index closing higher for a fifth consecutive session, as investors continued to accumulate shares across key sectors.
The Pakistan Stock Exchange (PSX) ended Friday's session in positive territory, with the benchmark KSE-100 Index rising 851 points, or about 0.46%, to settle at 185,372 points.
During intraday trading, the market gained more than 1,100 points and briefly climbed back above the 185,000-point level before trimming some of its gains by the close.
Buying interest remained concentrated in heavyweight banking, oil and gas, fertilizer and energy stocks, which helped lift the benchmark index.
Market analysts said institutional investors, including mutual funds, commercial banks and corporate investors, remained active throughout the session. They added that buying by high-net-worth individual investors also supported the market's upward momentum.
The latest advance marks the fifth straight session of gains for the PSX, showing sustained investor confidence and continued demand for blue-chip stocks.
