As session progressed, upward trend intensified, and index posted a total gain of 1,675 points, breaking through 126,000 mark for first time in history and closing at 126,028 points
KARACHI: (UrduPoint/Pakistan Point News-June 12nd, 2025) The pakistan stock exchange (psx) continued its remarkable post-budget rally, reaching new record highs as investor sentiment remains overwhelmingly positive following the announcement of the Federal budget for the upcoming fiscal year.
On Wednesday, the benchmark KSE-100 Index closed at a historic high of 124,352 points, after gaining a substantial 2,328 points during the trading session.
The surge was driven by renewed investor confidence in the government’s economic direction and fiscal policies outlined in the budget.
The bullish momentum carried over into Thursday, with trading opening on a strong note. Within minutes, the KSE-100 Index jumped by 1,233 points and pushed it to 125,585 points.
As the session progressed, the upward trend intensified, and the index posted a total gain of 1,675 points, breaking through the 126,000 mark for the first time in history and closing at 126,028 points.
The market analysts attribute the sustained rally to investor optimism over proposed tax reforms, economic stability measures, and incentives for various sectors introduced in the new budget.
“The market is responding positively to the fiscal policy framework and clarity provided in the budget. This level of enthusiasm hasn’t been seen in years,” said a senior market analyst.
The traders believe the rally could continue in the short term if key economic indicators remain stable and policy execution meets expectations.
