Pakistan, Jan. 24 -- The Pakistan Stock Exchange (PSX) scaled a fresh all-time high on Friday, with the benchmark KSE-100 index crossing the 189,000-point mark amid volatile trading, as investor buying picked up ahead of a key monetary policy decision due next week.

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According to market data, the KSE-100 index closed at 189,166.83 points, gaining 1,478.67 points, or 0.79 per cent, during the session. The rally came as investors positioned themselves for a potential cut in the policy rate by the State Bank of Pakistan's Monetary Policy Committee, which is scheduled to announce its decision on Monday.

Market sentiment was buoyed by easing inflation, rising foreign exchange rese...