PSX: buying at bourse, KSE-100 up 900 points

Business Recorder reported that the KSE-100 was 867.28 points higher at 179,951.08 by 9:40am on Thursday, a 0.48% rise during early trading. Buying was reported across several areas, and HUBCO, MARI, OGDC, POL, PSO, SSGC, HBL, MEBL and UBL were among the large index constituents trading higher. The update was intraday, so the level was not a closing figure.

The morning advance followed Wednesday’s 251.44-point decline, which left the benchmark at 179,083.80, down 0.14%. Overseas, regional markets were mixed after Nvidia shares fell more than 8% in after-hours dealings amid reports its board was considering replacing CEO Jensen Huang; meanwhile, Wall Street’s S&P 500 gained 1.3% on Wednesday. The contrast places the local rise alongside uneven international trading, rather than indicating a settled session outcome.