KARACHI -  Led by oil, cement and auto scrips, Pakistan Stock Exchange scored record high on Friday. The 100-share index closed at 43,270.90 points after gaining 363.53 points.

Upbeat CPI inflation data for Nov'16, reports on likely upbeat data on cement, urea and auto sales for Nov'16, surge in global crude prices and expected announcements on PM special package to boost textile & cement exports played a catalyst role in bullish close, brokers said.

Yesterday’s volume decreased to 375m shares as compared to 504m shares of the previous day while traded value also declined by Rs12.6b.

WorldCall Telecom emerged as volume leader with 50m shares, followed by Azgard Nine with 22m shares and BOP with 20m shares. Total 416 active scrips participated in session. 252 closed in positive, 149 in negative whereas 15 remained unchanged.

Once again, the Pakistan Stock Exchange (PSX) exhibited resilience against incessant foreign selling as the benchmark KSE-100 index closed 0.6% WoW higher in spite of net foreign selling of $34m during the week, said JS global weekly report. It was the fourth consecutive week of net foreign selling, taking YTD and MTD net foreign selling to $204m and $9.4m, respectively.