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Stocks gain 164 points on positive macros - Newspaper

Stocks exten­ded the bullish spell on Friday with the KSE-100 index recording gains of 164.56 points (0.39 per cent) to settle at 42,470.40. AFP/File KARACHI: Stocks exten­ded the bullish spell on Friday with the KSE-100 index recording gains of 164.56 points (0.39 per cent) to settle at 42,470.40. The index made intra-day high by 322 points. Although select stocks on the technology and refinery sectors continued to show price flare up, the exploration & production sector also saw substantial rise in the stock price on reports of international prices of WTI crude increasing by 4pc. Brent also crossed $50 per barrel for the first time since March.

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