Shares at the Pakistan Stock Exchange (PSX) climbed more than 400 points in intraday trade on Thursday, which one analyst attributed to the Moody’s rating upgrade which influenced investor sentiment.

The benchmark KSE-100 index climbed 421.02 points, or 0.54 per cent, to stand at 78,413.80 points from the previous close of 77,992.78 points at 10:41am.

Awais Ashraf, director research at AKD securities, attributed the trajectory to “Moody’s rating upgrade, due to improved external liquidity........

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