Late-Session Profit-Taking Drags PSX into Negative Territory Despite Strong Opening
The Pakistan Stock Exchange saw a sharp reversal on Thursday as late profit-taking erased early gains, with the KSE-100 Index falling over 250 points amid cautious investor sentiment following post-budget warnings and global market unease.
KSE-100 Index Surges to Record High Following FY26 Budget Announcement
The KSE-100 index hit a new all-time high following the announcement of Pakistan’s FY26 federal budget. Strong investor sentiment, favorable tax measures, and growth-oriented targets fueled a market-wide rally.
Pakistan’s Stock Market Surges Over 800 Points on Eve of Federal Budget Announcement
The Pakistan Stock Exchange (PSX) saw a significant rally as the KSE-100 index climbed over 800 points. The surge is attributed to investor optimism surrounding the federal budget for fiscal year 2025-26, which is expected to outline key economic policies and potential benefits for various sectors.
Pakistan’s Economic Survey 2024-25 Reveals Gradual Recovery, Focus on Stability and Reform
Pakistan’s Economic Survey 2024-25 reveals a 2.7% GDP growth, missed targets, and outlines policy shifts in debt management, tax reforms, remittance growth, and digital economic transformation, setting the stage for the FY2025-26 budget.