Bulls dominated the trade floor on Friday as shares at the Pakistan Stock Exchange (PSX) surged by more than 1,400 points following a critical judgment in the £190 million Al-Qadir Trust case.

The benchmark KSE-100 increased by 902.46 points, or 0.79 per cent, to stand at 114,744.58 from the previous close of 113,836.74 at 2:58pm. At 4:13pm, the index stood at 115,291.87, up by 1455.13 points.

Finally, the index closed at 115,272.08, up by 1435.34 points or 1.26pc, from the last close.

Awais Ashraf, director research at AKD Securities, credited the upward trajectory to the market’s positive response “to today’s verdict in the graft case as it has eased concerns regarding........

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