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PSX continues the record as KSE-100 violates 124,000 points for the first time

PSX continues the record as KSE-100 violates 124,000 points for the first time
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The Pakistan’s Stock Exchange (PSX) arrived at a new high -end high on Tuesday, with the KSE 100 crossing the 124,000 -point sign for the first time in history during inter -business trading.

The index won 1,990.41 points, or 1.63%, as the market was 124,014.85 around noon. During the continuing session, he culminated in 124,135.96 points, while Low Intraday was 123,237.99 points.

The volume of trading amounted to 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, causing optimism in the market.

Reading: Anti-digit Domain Budget

Yesterday, Finance Minister Muhammad Aurangzeb presented a federal budget of RS17.6 trillion for the financial year 2025-26, with anxiety in the government’s focus on economic stability and development.

The finance minister underlined key financial indicators during a post -budget information, reporting improvements to remittances, inflation and growth.

Aurangzeb said remittances had reached $ 31.2 billion so far, with projections of $ 37-38 billion until the end of the financial year.

The country’s GDP growth is 2.7%, while inflation has fallen to 4.7%, according to the minister.

The National Economic Council (NEC) approved RS4,224 trillion costs on development expenditure, including RS1 trillions for the Federal Public Sector Development Program (PSDP), RS2,869 trillions of ADPs and ADPS billions of business resources of business.

For the financial year 2025-26, the government is promoting economic growth at 4.2% and both inflation and interest rates to 7.5%.

Aurangzeb said the budget deficit is projected to 3.9% of GDP, with a prime surplus of 2.4%.

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