KARACHI: Despite an unprecedented downpour in Karachi — the economic nerve centre of Pakistan — that hampered business and industrial activities across the city, the Pakistan Stock Exchange (PSX) continued its bullish run, hitting an all-time high of 149,770 points.

The benchmark KSE-100 index briefly crossed the psychological barrier of 150,000 in intraday trading, before profit-taking trimmed some early gains. Nonetheless, the market ended at a record level, marking a net gain of 1,572 points, or 1.06 per cent.

According to Topline Securities, the positive momentum from previous trading sessions continued, underpinned by strong institutional inflows,........

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