Pakistan, July 11 -- The Pakistan Stock Exchange (PSX) reached a new all-time high on Friday as hopes of a policy rate cut lifted investor sentiment. The benchmark KSE-100 index gained 723.44 points, or 0.54%, pushing it to a historic 134,505.78 points during intraday trading. The market started strong and moved actively between 134,130.40 and 134,553.26, showing confidence among market participants.

Trading volume also remained strong, with over 60 million shares exchanged by midday. A day earlier, the PSX had posted an even larger gain of 1,205.36 points, or 0.91%, closing at 133,782.35. Market activity has remained vibrant, with 941 million shares traded on Thursday, compared to 905 million the previous day. The total value of shares ...