Global Stock Exchanges.

Byline: S. Kamal Hayder Kazmi

US stocks end 3-day run of losses

The SandP 500 and the Dow Jones Industrial Average snapped a three-day run of losses on Friday as optimism about the prospects for a US-China trade agreement countered downbeat US and China manufacturing data.

The Nasdaq meanwhile marked its longest streak of weekly gains since late 1999.

The Dow Jones Industrial Average rose 110.32 points, or 0.43 percent, to 26,026.32, the SandP 500 gained 19.2 points, or 0.69 percent, to 2,803.69 and the Nasdaq Composite added 62.82 points, or 0.83 percent, to 7,595.35.

Friday marked the first close above 2,800 for the SandP since Nov. 8. Nate Thooft, global head of asset allocation for Manulife Asset Management in Boston said technical investors would see a close above that level "as a good omen."

The index closed 4.2 percent under its September record closing high. It has risen 11.8 percent so far this year, bolstered by trade hopes and the Federal Reserve's cautious stance on interest rates.

For the week, the SandP rose 0.4 percent while the Dow fell 0.02 percent and the Nasdaq rose 0.9 percent.

KSE-100 rises 484 points as Pakistan-India tensions ease

The KSE-100 index extended its gains on Friday and rose close to 500 points as optimism prevailed at the bourse following Prime Minister Imran Khan's announcement to return an Indian Air Force pilot as a "gesture of peace".

The index spiked from the moment trading began and maintained the uptrend as well as recovered from occasional dips to finish the first session of the day near 39,500 points. Overall, trading volumes decreased to 137.2 million shares compared with Thursday's tally of 159.4 million. The value of shares traded during the day was Rs7.38 billion. Shares of 344 companies were traded. At the end of the day, 241 stocks closed higher, 83 declined and 20 remained unchanged. The Bank of Punjab was the volume leader with 8.84 million shares, gaining Rs0.1 to close at Rs12.79. It was followed by Oil and Gas Development Company with 5.6 million shares, gaining Rs4.09 to close at Rs153.25 and K-Electric with 5.5 million shares, gaining Rs0.05 to close at Rs6.09.

China stocks climb on MSCI decision

China stocks rose on Friday after index publisher MSCI said it would boost the proportion of Chinese mainland shares in its global benchmarks, though soft factory activity data curbed further gains. The CSI300 index was up 0.5 percent at 3,685.73 points at the end of the morning session...