KARACHI: The Pakistan Stock Exchange (PSX) surged to a record high on Friday, with the benchmark KSE 100 index breaking the 172,000-point barrier for the first time after subdued performances in early sessions of the short-week.

The PIA privatisation, hailed as the most significant transaction in nearly two decades, appeared to have bolstered investor confidence, particularly amid calls from industry leaders for the divestment of more loss-making state-owned enterprises.

Ali Najib, Deputy Head of Trading at Arif Habib........

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