By BR Web Desk
Buying momentum persisted at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index crossing the 138,000 level, a new record high, during trading on Thursday.
Positivity persisted throughout the trading session, pushing the benchmark index to an intraday high of 138,943.47.
At close, the KSE-100 Index settled at 138,665.49, a gain of 2,285.53 points or 1.68%.
Buying was observed in key sectors including automobile assemblers, cement, fertiliser, oil and gas exploration companies, OMCs, power generation and refinery. Index-heavy stocks, including ARL, HUBCO, PSO, SNGPL, MARI, OGDC, POL, UBL, and NBP, are traded in green.
On Wednesday, the PSX maintained its upward momentum as investors engaged in select profit-taking, while maintaining interest in key growth sectors. The KSE-100 Index advanced by 440 points or 0.32% to settle at 136,380 points.
Globally, Asian stocks dithered on Thursday ahead of earnings from heavyweight technology companies and as market anxiety lingered over the unce