KARACHI:

The Pakistan Stock Exchange remained in consolidation mode as the benchmark KSE-100 Index closed just above the 167,000 level, buoyed by improved external support and easing political uncertainty.

At the end of the trading day, the KSE-100 Index closed at 167,086 points, posting a gain of 802 points or 0.48%.

"Throughout the day, the benchmark largely remained in positive territory, supported by key developments," said Ali Najib, Deputy Head of Trading at Arif Habib Ltd. Saudi Arabia extended its $3 billion deposit with Pakistan for another year, providing much-needed external sector comfort.

Additionally, the president's assent to the summary for the appointment of the Chief of Defence Staff helped ease uncertainty on this front.

On the corporate front, Service Industries an

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