(BUSINESS) PSX remains bullish with 50,500 points.

KARACHI -- The KSE-100 benchmark index of the Pakistan Stock Exchange on Friday went above the 50,500 points mark; the index last seen at 50,592 points level was in May 2017, according to a report on Friday.

According to the reports, the Karachi Stock Exchange (KSE-100) index gained 207 points and is currently trading at 50,572 points.

Yesterday, the Pakistan Stock Exchange's benchmark KSE-100 index went above the 50,000 mark, a milestone that analysts said occurred after six years.

The benchmark Karachi Stock Exchange (KSE) 100 Index gained 600 points to trade at 50,025 points in intraday trading.

The 50k level crossed after six years (last seen on June 07, 2017).

Meanwhile, the Pakistani rupee bounced back against the US dollar in the interbank market...