PSX gains over 1,130 points despite early-session volatility

The Express Tribune reported that the KSE-100 was 1,136.74 points higher, a 0.69% rise, at 166,873.49 in Friday’s midday trading. The index had ended the previous session at 165,736.75, and its trading range by midday extended from 165,907.29 to 167,483.48. Shares worth Rs12.27 billion changed hands, with volume reaching 190.98 million shares.

The report described early trading as volatile, with profit-taking after recent gains and a slowdown around prayer timings cited as factors shaping activity. It said trading typically becomes quieter during that period before resuming later in the day. The index remained above the previous close at midday, while recent company earnings, macroeconomic data and external developments continued to shape broader sentiment. The report noted that no single factor stood out as the main influence on the session.