Pakistan Stock Exchange Friday closed on a positive note on the back of healthy buying, mainly by local investors and institutions. BRIndex100 gained 48.62 points or 1.15 percent to close at 4,270.92 points. BRIndex100 touched intraday high of 4,291.57 and intraday low of 4,222.21 points. Volumes stood at 238.230 million shares.

BRIndex30 increased by 486.13 points or 2.23 percent to close at 22,289.40 points with a turnover of 164.738 million shares.

The KSE-100 Index surged by 402.42 points or 0.99 percent to close at 40,916.59 points. Trading activity also improved as daily volumes on the ready counter increased to 270.713 million shares as compared to 227.022 million shares traded Thursday.

The market capitalization increased by Rs 75 billion to Rs 7.902 trillion. Out of total 363 active scrips, 227 closed in positive, 116 in negative while the value of 20 stocks remained unchanged.

Unity Foods was the volume leader with 28.273 million shares. It gained Re 0.46 to close at Rs 15.36 followed by Bank of Punjab that inched up by Re 0.15 to close at Rs 11.94 with 14.831 million shares. Sapphire Fiber and Wyeth Pak were the top gainers with Rs 44.35 and Rs 36.33, respectively to close at Rs 936.99 and Rs 859.33. Thal Limited and Gillette Pak were the top losers with Rs 10.97 and Rs 10.08, respectively to close at Rs 359.20 and Rs 191.74.

BR Automobile Assembler Index gained 14.48 points or 0.23 percent to close at 6,336.66 points with total turnover of 2.607 million shares.

BR Cement Index inched up by 8.44 points or 0.23 percent to close at 3,663.86 points with 24.284 million shares.

BR Commercial Banks Index increased by 66.37 points or 0.7 percent to close at 9,520.86 points with 37.926 million shares.

BR Power Generation and Distribution Index closed at 5,499.56 points, up 16.81 points or 0.31 percent with 12.306 million shares.

BR Oil and Gas Index surged by 130.65 points or 2.89 percent to close at 4,653.08 points with 39.150 million shares.

BR Tech. & Comm. Index gained 6.74 points or 0.68 percent to close at 994.75 points with 27.309 million shares.

Danish Ladhani at JS Global Capital said Pakistan equities closed its week Friday on a positive note with the KSE-100 Index gaining 402 points. Positivity in the session arose partly on the news that Pakistan has offered Russia to participate in the divestment of government's shareholding in the country's largest state-run oil and gas explorers - Oil and Gas Development Company (OGDC) and Pakistan Petroleum Limited (PPL) - and become a strategic partner by acquiring shares.

PPL (up 5.0 percent), OGDC (+4.1 percent), HBL (up 1.3 percent), PSO (up 2.9 percent), SNGP (up 4.3 percent), UBL (up 0.8 percent) and NML (up 5.0 percent) all closed in the green.