Pakistan stock market hits record high after budget announcement
Web Desk
11 June, 2025 19:22
Pakistan stock market
The Pakistan Stock Exchange (PSX) saw a strong bullish trend on Wednesday, with the KSE-100 Index rising by 2,328 points , a 1.91% increase, to close at an all-time high of 124,352.68.
Experts credit this market rally to the federal budget presented a day earlier by Finance Minister Muhammad Aurangzeb.
More than 331 million shares were traded during the day, with a total value of Rs. 31.78 billion. While the trading volume was lower than the previous session, the total value of traded shares increased significantly.
Out of 477 companies active on the exchange, 282 saw gains, 157 lost value, and 38 remained unchanged.
Strong buying was seen across major sectors including automobiles, cement, banks, oil and gas, and power companies. Major gainers included HUBCO, PSO, WAFI, MARI, OGDC, PPL, POL, HBL, MCB, MEBL, and UBL.
Market analysts say investor confidence is growing due to budget-related policy clarity and expected economic stability.
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