KARACHI - Positivity prevailed in the stock market for the third consecutive day on Thursday, as the benchmark 100-share index closed at a new all-time high. PSX index rallied by 191.72 points (0.50%) to close at 38751.60 points, mainly led by banks. Investor interest was seen in the stocks provisionally making part of MSCI Emerging Market Index, as HBL (5.0%) and MCB (4.9%) closed in the green zone. OGDC (down 1.8%) and POL (1.4%) in the E&P sector lost value to close in the red zone on the back of declining crude oil prices. Selling pressure was seen in the automobile sector on the back of appreciating Yen prices. Major losers in the aforementioned sector were HINO (down 3.6%) and PSMC (2.6%), commented analyst Arhum Ghous. Volumes increased by 5% to 255m shares while value decreased by 7.9% to Rs17.5b/$168m. Banking stocks rallied as HBL, BAFL closed at their upper limits while UBL and MCB closed up by 2.3% and 4.6% respectively, said dealers at sales desk Topline brokerage. Investor interest was also seen in cement sector stocks. Among gainers were Maple Leaf Cement (MLCF) which closed at its upper limit and D.G. Khan Cement (DGKC) which increased 3.2%.