Pakistan, Oct. 3 -- The equity market pushed to fresh record highs on Thursday, lifted by mutual fund liquidity and upbeat economic sentiment following improved US ties, with analysts pointing to equities' growing appeal as an asset class amid limited alternatives.

The Pakistan Stock Exchange's (PSX) benchmark KSE-100 Index settled at 168,489.62 points, up 2,849.29 points, or 1.72%, from the previous close of 165,640.33.

The Pakistan Stock Exchange's (PSX) benchmark KSE-100 Index touched an intraday high of 168,619.32, gaining 2,978.99 points, or 1.8%, while the low of the day was recorded at 165,567.22, reflecting a decline of 73.11 points, or -0.04%.

"Liquidity from mutual funds is driving up the index. There is FOMO (fear of missing...