Pakistan, Aug. 15 -- The Pakistan Stock Exchange (PSX) saw a positive trend on Friday as strong corporate earnings, active mutual fund participation, and optimism over economic improvements lifted investor sentiment. The benchmark KSE-100 Index reached an intraday high of 147,534.41 points, gaining 1,005.11 points, or 0.69%, before easing to 146,894.62 points, reflecting a slight decline of 33.48 points, or 0.02%.

Market experts highlighted that trading remained range-bound, driven mainly by liquidity from mutual funds and the ongoing earnings season. They noted that Moody's recent credit rating upgrade has already been factored into prices. Analysts also pointed out that better-than-expected financial results and expectations of further...