KARACHI – Pakistan Stock Exchange (PSX) maintained its bullish trend on Wednesday after the government’s commitment to keep its focus on fiscal consolidation has boosted the confidence of investors.During intraday trading, the KSE-100 climbed 1,954 points with a positive change of 1.61 percent to hit another high of 124,040 points.
The rally also comes as the government has kept the CGT and dividend rates unchanged in the proposed finance bill contrary to expectation of some changes in tax on passive incomes.A day earlier, the 100-Index also witnessed bullish trend, gaining 383.44 points and closing at 122,024.44 points. A total of 592,952,761 shares worth Rs21.827 billion were traded.
As many as 473 companies transacted their shares in the stock market, 230 of them recorded gains and 200 sustained losses, whereas the share price of 43 companies remained unchanged.Budget 2025-26: Govt aims for 4.2pc growth while trimming expenditure
Federal Finance Minister Muhammad Aurangzeb on Tuesday presented the Rs17,573 billion budget for the fiscal year 2025-26, encapsulating measures aimed at promoting inclusive and sustainable economic growth.Presenting the budgetary proposals, he said the budget for next fiscal year is a beginning of a strategy, crafted to promote competitive economy.
PSX crosses 124,000 milestone in historic first after budget announcement
Published: June 11, 2025
PSX crosses 124,000 milestone in historic first after budget announcement
Published: June 11, 2025
KARACHI – Pakistan Stock Exchange (PSX) maintained its bullish trend on Wednesday after the government’s commitment to keep its focus on fiscal consolidation has boosted the confidence of investors.During intraday trading, the KSE-100 climbed 1,954 points with a positive change of 1.61 percent to hit another high of 124,040 points.
The rally also comes as the government has kept the CGT and dividend rates unchanged in the proposed finance bill contrary to expectation of some changes in tax on passive incomes.A day earlier, the 100-Index also witnessed bullish trend, gaining 383.44 points and closing at 122,024.44 points. A total of 592,952,761 shares worth Rs21.827 billion were traded.
As many as 473 companies transacted their shares in the stock market, 230 of them recorded gains and 200 sustained losses, whereas the share price of 43 companies remained unchanged.Budget 2025-26: Govt aims for 4.2pc growth while trimming expenditure
Federal Finance Minister Muhammad Aurangzeb on Tuesday presented the Rs17,573 billion budget for the fiscal year 2025-26, encapsulating measures aimed at promoting inclusive and sustainable economic growth.Presenting the budgetary proposals, he said the budget for next fiscal year is a beginning of a strategy, crafted to promote competitive economy.