The Pakistan Stock Exchange (PSX) saw a significant uptrend on Friday, with shares gaining over 700 points. Analysts believe this positive momentum can be attributed to the expected decrease in inflation and a clearer political landscape. The KSE-100 index closed at 65,325.68 points, a 1.16 per cent increase from the previous close. Tahir Abbas from Arif Habib Limited mentioned that the market stayed positive due to the anticipation of lower inflation and interest rates. Shahbaz Ashraf from FRIM Ventures pointed out that the market had gained 4pc on a week-on-week basis, thanks to the formation of governments and foreign buying activities. Notable names in foreign buying included Efert, Engro, and Meezan Bank Limited, with a total of $20 million worth of shares bought in the past three weeks.