The bulls returned to the Pakistan Stock Exchange on Friday after a week of uncertainty, with the benchmark index closing at 66,130.02 points, up by 1.04 per cent from the previous close. The market rebounded following the trading of Treet Battery Ltd shares, and experts noted the positive aspects of growth in exports, agriculture, and fiscal prudence by the government. Yousuf M. Farooq, director of research at Chase Securities, described the market as “rerating upwards” and attributed the upward momentum to a more balanced current account and cheap valuations. Shahbaz Ashraf, chief investment officer at FRIM Ventures, also mentioned the equity market trading at cheap valuations and the availability of excessive liquidity as factors contributing to the rally. He also noted the general consensus that the economy was set to recover in the following months.