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Stocks settle above new record 168,000 mark

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yesterday

KARACHI: The Pakis­tan Stock Exchange (PSX) extended its winning streak on Thursday, with the benchmark KSE-100 index closing above the 168,000-point mark for the first time, marking its sixth consecutive record-setting session.

The index finished the day at 168,489.63, up 2,849.29 points, or 1.72 per cent. It briefly peaked at an intraday high of 168,619. The bullish momen­tum was largely driven by sustained buying from mutual funds, which bolstered investor confidence through­out the session.

The banking sector was a key driver of the rally, with heavyweights such as Meezan Bank, United Bank, Bank Al-Habib,........

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