PSX manages record closing on select buying

KARACHI: Despite ex­­treme volatility, the stock market turned in another bullish performance on Friday, extending the record-setting spree to the third straight session.

Topline Securities Ltd said the benchmark KSE 100 index opened negatively, led mainly by pressure in the cement sector, as the index declined to make an intraday loss of 1,540 points at 115,580.02.

Pressure in the cement sector was on noise that there was a dispute among cement manufacturers for an increase in market...