PSX Closing Bell: Green Carries Through

Mettis Global reported that the KSE-100 index climbed 1,841.39 points, or 1.09 per cent, to end Friday at 170,884.58. Broad buying in banks, cement, fertilizer and exploration shares drove the advance. The index moved between 169,399.98 and 171,036.71 during the session, and 83 of its 100 companies finished higher.

Softer crude prices offered relief, as expectations of more Saudi oil reaching global markets eased supply fears. Yet investors also faced renewed worries over attacks that involve Saudi Arabia and Houthi forces backed by Iran.

YOUW topped the gainers with a 4.62 per cent rise, while PGLC fell 3.20 per cent to lead the decliners. FFC contributed the most, adding 225.28 points to the index, ahead of UBL and MEBL. For the fiscal year, the KSE-100 is down 9,417 points, or 5.22 per cent.