Bulls continued to dominate the Pakistan Stock Exchange as the benchmark KSE-100 index crossed the 55,000 mark, setting a new record high on Friday, reported 24NewsHD TV channel.

The share prices jumped by 1,070 points or 1.97 percent taking the index to 55,331.53.

On Wednesday, the KSE-100 index had settled at the then-historic high level of 54,261 amid record activity.

Across-the-board buying was witnessed during trading on Friday, with index-heavy sectors including automobile assemblers, cement, chemical, fertiliser, power generation and distribution, refinery, oil and gas exploration companies and OMCs trading in the green.

Reporter Ayaz Rana