PSX sustains record-setting streak

The Pakis­tan Stock Exchange (PSX) marked a positive closing for the eighth consecutive session, with the record-setting spree continuing into its sixth day. Investor sentiment remained strong, particularly in the cement and fertiliser sectors, as expectations grow for a boost in demand driven by post-flood reconstruction and agricultural recovery. Ali Najib, Deputy Head of Trading at Arif Habib Ltd (AHL), described the session as a “tug of war” between bulls and bears, with the former emerging victorious. As a result, the KSE-100 index ended the day at 156,564 points, up by 476 points or 0.31 per cent. Mari Energy led the charge, with the stock rallying by 3.19pc to close at Rs697.69, buoyed by the recent signing of a $500 million memorandum of understanding between Pakistan and the United States to explore opportunities in critical minerals.