
The stock market pushed the new records on Thursday, raised by mutual cash liquidity and optimistic economic feeling after improved US ties, with analysts showing the increasing appeal of shares as a category of assets.
The Pakistani Stock Exchange (PSX) reference index touched an intraodam high of 168,619.32, earning 2,978.99 points or 1.8%, while the low of the day was recorded at 165,567.22, reflecting a decrease of 73.11 points, OR -04%.
“Mutual funds increase the index.
“Economic feeling is positive after improving US ties as well. The means of ceilings with growth actuators begin to be produced,” he added
“Investors’ preference for shares as a category of assets due to lack of yields from other categories of assets and tax incentives,” added Samiullah Tariq, head of research at Pak-Kuwait Investment Company.
Federal Minister of Finance and Income Muhammad Aurangzeb on Wednesday excluded any mini-budget, despite a 200-billion RS (FBR) deficit (FBR) in the first quarter of the FY26, adding that the IMF-based conversations are being reviewed. He also noted pending tax -related cases will help improve collections.
In the latest T-Bill auction, the government increased its 696 billion Rs, in addition to the target of the RS750 billion, while yields went up to all tenors. The one -month performance increased 41 basis points (BPS) to 11,1502%, three and six months’ notes proceeded to about 20bps each to 11,0499%and the 12 -month performance rose to 19bps to 11.19%.
Pakistan’s inflation accelerated in September to 5.6%, exceeding 4.5% of the government and increased sharply from 3.0% in August. July -September inflation was 4.22%, from 9.19% in the same period last year. Analysts linked the uptick to flood -related food disorders.
On Wednesday, the KSE-100 index increased by 146.75 points, or 0.09%, to 165,640.34 points from 165,493,59. The high meeting was 166,522.61, while the low was 164,155.32.
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