The Pakistan Stock Exchange (PSX) closed in another historical maximum on Friday when investor confidence shot after the approval of the federal budget for fiscal year 26.
The KSE-00 reference index increased 2,332.60 points, or 1.91%, to establish itself by 124,379. “The market was strongly recovered from the brief phase of obtaining Thursday, with a bullish impulse that prevails during the session,” said Ali Najib, Deputy Deputy of Commerce of Arif Habib Ltd. Institutional investors led the rally in the medium of portfolio reconditioning and optimism on the economic direction established by the new approved budget.
The feeling of investors was driven by the robust tickets of the Roshan digital account (RDA), which reached $ 10.38 billion by May 2025. The monthly tickets increased by 13% to $ 201 million, while the number of accounts rose to 823,224, reinforcing confidence in the stability of Pakistan’s external account. Key index engines included Fauji Fertilizer Company, Lucky Cement, Meezan Bank, Pakistan Oilfields and Engro Holdings, which collectively contributed with 866 points to the gains of the day.
The amplitude of the market remained solid, with 773 million negotiated shares assessing at RS37.6 billion. Bank Makramah led the list of volumes with 79.7 million shares changing hands. The reference index registered a weekly gain of 3.63%, or 4,356 points, in five sessions.
After opening to 118,272, the index touched a maximum of 125,285 and a minimum of 115,887, closing well above the key psychological brand. Market analysts see the KSE-100 capacity to stay above the level of 122,000 as a sign of strong impulse.
A sustained stability above 120,000 could pave the way for a new rally around 130,000, driven by the improvement of macroeconomic indicators and the growing confidence of investors.
