The Pakistan Stock Exchange (PSX) has reached a new record of all time on Tuesday, the KSE 100 index crossing the 124,000 points mark for the first time in history during the intraday trading.
The index won 1,990.41 points, or 1.63%, because the market was 124,014.85 around noon. During the current session, he culminated at 124,135.96 points, while the lower intraday was 123,237.99 points.
The negotiation volume amounted to 146.42 million shares, with a total market value of RS13.84 billion.
This thrust follows the announcement of the federal budget, which was well received by investors, aroused optimism on the market.
Read: Numeric budget of the pro-real sector
Yesterday, the Minister of Finance, Muhammad Aurangzeb, unveiled a federal budget of 17.6 Billions of rupees for the financial year 2025-2026, stressing the accent put by the government on economic stability and growth.
The Minister of Finance has highlighted key economic indicators during a post-budget briefing, invoking improvements in funding, inflation and growth.
Aurangzeb said that funding has reached $ 31.2 billion so far, with projections from 37 to 38 billion dollars by the end of the fiscal year.
The country’s GDP growth was 2.7%, while inflation went 4.7%, according to the minister.
The National Economic Council (NEC) approved 4.224 rumbox billions in development expenses, including RS1 Billion for the Federal Public Sector Development Program (PSDP), RS2.869 Billion for provincial annual development plans (ADP) and 355 billion rupees from public state resources.
For financial year 2025-2026, the government projects economic growth of 4.2% and inflation and interest rates at 7.5%.
Aurangzeb said that the budget deficit is planned at 3.9% of GDP, with a primary surplus of 2.4%.
