PSX climbs over 1,000 points by Friday midday break

The KSE-100 was 1,060.83 points higher, a 0.60% gain, at 178,434.59 when trading paused at noon on Friday for the Jummah break, The Express Tribune reported. The index began the session on the back foot, then recovered to its session peak of 178,434.59, after dipping to 176,865.05.

The advance erased Thursday’s 1,710-point decline, which had left the benchmark at 177,373.76 after an early rise was reversed by selling. Ready-market turnover was about 90 million shares worth roughly Rs9.83 billion; banks, exploration firms, oil marketers and refineries attracted buying, with MARI among the stronger performers. The named stocks trading higher included PRL, POL, PSO, SSGC, HBL, MCB, NBP and UBL.