PSX: buying continues, KSE-100 gains nearly 1,300 points

The KSE-100 finished Wednesday at 165,736.75, up 1,269.55 points, or 0.77%, according to Business Recorder. Trading was uneven: the index fell to 164,355.82 before reaching 166,100.33, then gave back part of its late-session advance and recovered some ground into the close.

The rise followed Tuesday’s 1,428.73-point increase, when the benchmark ended at 164,467.20, a gain of 0.88%. Business Recorder also reported gains across major Asian markets, while investors awaited earnings from Alphabet and Microsoft and a Federal Reserve decision; those developments provide wider market context, but the report does not identify a cause for Wednesday’s local advance.