The KSE-100 index continued its positive trend on the 10th consecutive day and reached 49,333 with an increase of a record 500 points.
The Rupee's continuous rise against American currency also boosted the trading in the Pakistan Stock Exchange (PSX).
Investors remained active in shares of the auto, pharmaceutical, and oil and gas sectors.
Pakistan Rupee has continued its winning streak against the US Dollar in interbank trading and reached R277.78 with an uptick by 78 paisas on Friday.
The American currency has been continuously losing ground against the local unit and it has now been the 30th straight day.
The USD into PKR interbank rates reached Rs277.78 on Friday.
Read more: Pakistan's Rupee Continues 30-day winning streak against US Dollar