KARACHI: The Pakistan Stock Exchange witnessed ups and downs on Friday but managed to close the week in the green.
The trading day kicked off on a strong footing as the benchmark KSE-100 Index gained over 1,000 points, touching an intraday high of 160,305 points. However, the market later lost some steam as investors opted to book profits, trimming earlier gains.
By the end of the session, the index settled 496 points higher at 159,592 points.
On Thursday, the benchmark had closed 481 points down at 159,096 points.
Overall, trading activity remained brisk, with shares worth Rs18.31 billion changing hands across 216.9 million shares.
Market watchers said investors remained cautious amid mixed economic signals but took heart from bargain-hunting near the close.