Buying continues at bourse, KSE-100 gains over 500 points

Buying momentum continued at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index gaining over 500 points during the opening minutes of trading on Friday. At 9:35am, the benchmark index was hovering at 169,047.83, up by 533.39 points or 0.32%. Buying was observed in key sectors, including commercial banks, fertiliser, oil and gas exploration companies and power generation. Index-heavy stocks, including HUBCO, MARI, POL, BoK, MCB and JSBL, traded in the green. On Thursday, the PSX witnessed a powerful bullish session as improved investor confidence, fueled by optimism surrounding ongoing United States-Iran negotiations and a decline in international oil prices, triggered aggressive buying.