PSX: Stocks end marginally higher amid volatile trading

The benchmark KSE-100 closed 0.09% higher at 174,929.68 on Thursday, a rise of 153.09 points, according to Business Recorder. The index had climbed to an intraday high of 175,796.24 early on, but profit-taking and later selling pulled it back toward an intraday low of 174,893.67.

Buying was reported in car assemblers, cement makers, lenders, fertiliser producers, exploration firms, fuel marketers and power producers. Separately, the finance ministry said Pakistan raised $3 billion through a two-tranche Eurobond sale that drew close to $6 billion in orders on Thursday. On Wednesday, the KSE-100 had lost 1,690.40 points, or 0.96%, to end at 174,776.60 after renewed Strait of Hormuz hostilities and a sharp rise in oil prices.

Across Asia, equities and bonds recovered on Thursday, with investors waiting for Friday's US payrolls report and comments from Federal Reserve officials. Oil prices eased from elevated levels as uncertainty persisted over renewed US and Iran military strikes.