Surge in market activity follows the announcement of a Rs 17.573 trillion federal budget, which included key measures such as a 10% increase in salaries of government employees, a 7% hike in pensions, and a reduction in income tax rates on salaries
KARACHI: (UrduPoint/Pakistan Point News-June 11th, 2025) A day after the Federal government unveiled the national budget for the fiscal year 2025-26, the pakistan stock exchange (PSX) witnessed a strong bullish trend, reflecting growing investor confidence.
On Wednesday, trading at the psx opened with a significant gain of 2,296 points, propelling the benchmark KSE-100 index to a record level of 124,314 points.
The surge in market activity follows the announcement of a Rs 17.573 trillion federal budget, which included key measures such as a 10% increase in salaries of government employees, a 7% hike in pensions, and a reduction in income tax rates on salaries.
The post-budget rally indicates a positive reception from investors, as the proposed fiscal measures appear to have boosted market sentiment.
