Pakistan Stock Exchange (PSX) reached a new highlight of all time on Tuesday, with the KSE 100 index crossing the 124,000-point mark for the first time in history during intraday trading.
The index got 1,990.41 points, or 1.63%when the market stood at 124,014.85 around noon local time. During the ongoing session, it peaked at 124,135.96 points, while Intraday Low was 123,237.99 points.
Trade volume amounted to 146.42 million shares with a total market value of RS13.84 billion.
This increase follows the message of the federal budget, which has been well received by investors triggering optimism in the market.
Read: Anti-Digital, Pro-Reality Sector Budget
Yesterday, Finance Minister Muhammad Aurangzeb revealed an RS17.6 trillion federal budget for the financial year 2025-26, where he put stress on the government’s focus on financial stability and growth.
Finance Minister highlighted key economic indicators during a briefing after budget, quoting improvements in transfers, inflation and growth.
Aurangzeb said transfers had reached $ 31.2 billion so far with projections of $ 37-38 billion by the end of the financial year.
The country’s GDP growth is 2.7%, while inflation is relieved to 4.7%, according to the minister.
National Economic Council (NEC) approved RS4,224 trillion in development costs, including RS1 trillion to the federal program for the development of public sector (PSDP), RS2,869 trillion for provincial annual development plans (ADPs) and RS355 billion from state -owned companies’ own resources.
For the financial year 2025-26, the government projects economic growth of 4.2% and both inflation and interest rates of 7.5%.
Aurangzeb said the budget deficit is expected at 3.9% of GDP with a primary profit of 2.4%.
