The benchmark index of the Pakistan Stock Exchange (PSX) continued its bullish run on Thursday and stayed above the 58,000 level.
According to the PSX website, the KSE-100 index recorded steady gains throughout the day before finally closing at 58,899.84 points, up 701.08 or 1.2 per cent from the previous close of 58,198.76 points.
Maintaining its bullish streak from the preceding week, the benchmark index hit yet another all-time high and crossed the 58,000 barrier a day earlier.
The inflow of dollars from the International Monetary Fund (IMF) expected next month supported the momentum along with upbeat economic indicators on the current account deficit and home remittances.