Buying returns to bourse, KSE-100 gains over 900 points

Positive sentiments returned to the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index gaining over 900 points during the opening minutes of trading on Thursday. At 9:35am, the benchmark index was hovering at 183,516.47, an increase of 946.66 points or 0.52%. Buying interest was observed in key sectors, including automobile assemblers, cement, commercial banks, fertilizer, oil and gas exploration companies, OMCs, power generation and refinery. Index-heavy stocks, including ARL, HUBCO, MARI, OGDC, POL, PPL, PSO, SNGPL, SSGC, HBL, MCB, MEBL and UBL, traded in the green. The Government of Pakistan and SC Financial Technologies LLC, an affiliate of World Liberty Financial USA (WLF), on Wednesday signed a memorandum of understanding (MoU) to foster collaboration on next-generation digital payment systems and cross-border financial innovations.