Get the latest news and updates from Dawn
KARACHI: The Pakistan Stock Exchange (PSX) snapped a three-session losing streak on Friday as investors cherry-picked stocks despite heightened geopolitical tensions that fuelled concerns over inflation amid rising oil prices.
The benchmark KSE-100 index gained 546.13 points, or 0.31 per cent, to close at 176,094.12.
According to Ali Najib, deputy head of Trading at Arif Habib Ltd, the market witnessed a mixed session. The benchmark opened on a firm footing and climbed to an intraday high of 177,109, up 1,561 points, before surrendering a large part of its gains in late trade as investors booked profits ahead of the weekend.
On the corporate front, Maple Leaf Cement Factory Ltd (MLCF) reported a consolidated profit attributable to equity holders of Rs4.27 billion for the fourth quarter of FY26, translating into earnings per share (EPS) of Rs4.08.
