KSE-100 index gains 1,278 points, aided by mutual fund buying

Shares of 324 companies were traded. At the end of the day, 90 stocks closed higher, 211 declined and 23 remained unchanged. PHOTO: FILE

Bullish activity dominated trading at the Pakistan Stock Exchange (PSX) on Friday, driving the benchmark KSE-100 index up by 1,278 points, as investors took cue from the potential disbursement of International Monetary Fund (IMF) loan tranche in December.

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