Pakistan, Feb. 20 -- The Pakistan Stock Exchange (PSX) extended its bullish momentum on Thursday, fueled by strong corporate earnings and robust performance in the cement, banking, and pharmaceutical sectors. The KSE-100 Index surged 800.09 points (0.71%), reaching an intraday high of 114,142.52, as investor confidence strengthened amid solid earnings reports.

Cement and banking stocks led the rally, while other sectors remained range-bound. The market recorded a low of 113,525.89, but sustained buying interest in key sectors kept the upward trend intact.

Ahfaz Mustafa, CEO of Ismail Iqbal Securities, attributed the PSX's upward movement to stellar corporate results. "The market is trading up on strong earnings from cement, banking, and...