PSX closes at record high on strong liquidity, sectoral gains

The equity market surged to a fresh all-time high, crossing the 154,000 mark for the first time, on Friday, with sentiment fuelled by sustained liquidity flows and selective sectoral rallies. The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index settled at 154,277.19 points, up 1,611.47 points, or 1.06%, from the previous close of 152,665.72. The index climbed to an intraday high of 154,511.31, gaining 1,845.59 points, or 1.21%, while touching a low of 153,129.78, up 464.06 points, or 0.3%, from the previous close.