Pakistan, July 3 -- The Pakistan Stock Exchange extended its rally on Friday as the KSE-100 Index gained 851 points to close at 185,372. The advance was driven by selective buying in commercial banking and oil and gas stocks. The positive session reflected improving investor confidence and sustained market activity.

The benchmark index rose 0.46 percent during the session, maintaining its upward momentum for another trading day. Market participants continued accumulating shares in heavyweight sectors that supported the index throughout the session. Meanwhile, trading activity remained strong, with 314 million shares changing hands in the KSE-100 Index.

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According to KTrade, commercial banking and o...