Earnings surge ahead of renewed week pulls PSX into red
The Pakistan Stock Exchange (PSX) ended Friday’s session in the red as investors resorted to profit-taking ahead of the upcoming recycling week, despite the benchmark touching a fresh intraday all-time high earlier in the day. “The PSX had a day of profit taking today as the market headed into the renewal week starting on Monday,” said Ali Najib, Deputy Head of Trading at Arif Habib Ltd. The KSE-100 closed at 171,405 points, down 556 points or 0.32%. The day unfolded in two distinct phases. In the morning session, the market extended yesterday’s upward momentum and recorded a new all-time intraday












