Buying observed at bourse, KSE-100 up nearly 2,600 points

Buying interest returned to the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index gaining nearly 2,600 points during the intraday trading on Thursday. At 11:15am, the benchmark index was hovering at 158,346.88, an increase of 2,569.67 points or 1.65%. Buying was observed in key sectors, including automobile assemblers, cement, commercial banks, oil and gas exploration companies, OMCs, power generation and refinery. Index-heavy stocks, including ARL, HUBCO, MARI, OGDC, PPL, POL, PSO, SNGPL, SSGC, MCB, MEBL, NBP and UBL, traded in the green. On Wednesday, PSX witnessed another volatile session with the benchmark KSE-100 Index settling in the red as cautious investor sentiment, geopolitical uncertainty and broad intraday swings kept participants on the defensive.