The Pakistan Stock Exchange (PSX) on Friday closed the week on a positive note, with the benchmark KSE-100 index gaining 295 points to close at 39,080.

The market showed some negativity in the first few minutes to hit a day's low of 38,432 points but rebounded immediately to continue on an upward trajectory for most of the session. It hit a day's high of 39,339 points.

In all, more than 149.5 million shares worth Rs7.3 billion changed hands during the session. A total of 353 companies' shares were traded, out of which 158 advances, 175 declined, whereas 20 remained unchanged.

The communication sector dominated trading with 29.8m shares traded, while oil and gas marketing and power generation and distribution sectors followed with 20.5m and 12.9m shares traded respectively.

Volumes were led by:

WorldCall Telecom: 16.5m shares traded [+4.33pc]

TRG Pak Ltd: 10.7m shares traded [-4.78pc]

Sui South Gas: 10.6m shares traded [-4.76pc]

Sui North GasXD: 9.1m shares traded [-1.95pc]

Pak Elektron: 7.6m shares traded [-4.59pc]