KARACHI: The Pakistan Stock Exchange (PSX) soared on Friday, driven by optimism surrounding strengthened political and economic relations with the United States. The KSE-100 index surged by 2,977 points, or 1.87 per cent, closing at a record 162,257 — its highest-ever finish — propelled by investor enthusiasm after a key meeting between the leadership of both nations.

The rally broke the psychological 160,000 barrier, with market sentiment buoyed by expectations of better economic prospects. Ali Najib, Deputy Head of Trading at Arif Haib Ltd, said........

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