The Pakistan Stock Exchange (PSX) reached a new historical maximum on Tuesday, with the KSE 100 index crossing the 124,000 -point brand for the first time in history during intra -trade trade.
The index won 1,990,41 points, or 1.63%, since the market stood at 124,014,85 around noon. During the ongoing session, it reached its maximum point at 124,135.96 points, while the minimum Intradía was 123,237.99 points.
The negotiation volume stood at 146.42 million shares, with a total market value of RS13.84 billion.
This increase follows the announcement of the federal budget, which has been well received by investors, which caused optimism in the market.
Read: Anti-Digital and Pro-Sector Budget
Yesterday, the Minister of Finance, Muhammad Aurengzeb, presented a federal budget of RS17.6 billion rupees for fiscal year 2025-26, putting stress in the government approach to economic stability and growth.
The Minister of Finance highlighted the key economic indicators during an informative session after the budget, citing improvements in remittances, inflation and growth.
Aurengzeb said that remittances had reached $ 31.2 billion so far, with projections of $ 37-38 billion for the end of the financial year.
The country’s GDP growth is 2.7%, while inflation has decreased to 4.7%, according to the minister.
The National Economic Council (NEC) approved RS4.224 billion in developing spending, including RS1 billion for the Federal Public Sector Development Program (PSDP), RS2.869 billion for Provincial Annual Development Plans (ADP) and RS355 billion of the companies themselves.
For fiscal year 2025–26, the Government projects economic growth in 4.2% and inflation and interest rates to 7.5%.
Aurengzeb said that the budget deficit is forecast in 3.9% of GDP, with a primary surplus of 2.4%.
