Positive Start for Pakistan Stock Exchange Post-Eid

The Pakistan Stock Exchange (PSX) commenced trading on Tuesday with encouraging momentum, as the KSE-100 Index, a key market indicator, experienced a surge of over 500 points in the initial hours of trading this week. This positive trend follows the Eid holidays, with investors keenly anticipating the unveiling of upcoming budget measures later today.

As of 11:30 am, the KSE-100 Index was recorded at 122,161.81, reflecting an increase of 520.81 points, which translates to a 0.43% gain.

Key Sectors Show Buying Momentum

Noticeable buying activity was evident across several prominent sectors, including commercial banks, fertilizer, oil and gas exploration companies, oil marketing companies (OMCs), and the refinery sector. Major stocks such as PRL, WAFI, MARI, OGDC, POL, HBL, MCB, and MEBL were among those trading positively.

Federal Budget 2025-26 Presentation

The federal government is scheduled to present the fiscal budget for 2025-26 today, with an estimated total outlay of Rs17.6 trillion, before the National Assembly for deliberation and approval.

Senator Muhammad Aurangzeb, the Federal Minister for Finance and Revenue, will present the federal budget for the upcoming fiscal year in the National Assembly. Furthermore, he is also expected to table the Finance Bill 2024 in the Senate on the same day, in accordance with the constitutional requirements outlined in Article 73.

Previous Week’s PSX Performance

During the preceding week, the PSX maintained a generally upward trajectory, driven by growing optimism surrounding a potential agreement between Pakistan and the International Monetary Fund (IMF).

The KSE-100 index saw a rise of 1,950 points, equivalent to a 1.6% increase, ultimately closing at 121,641 points on the last trading day of the week, compared to the 119,691 points recorded at the close of the week before.

Due to the Eid holiday observed on Friday, June 6, 2025, a total of four trading sessions took place during the week.

Global Market Overview

Internationally, stock markets displayed buoyancy, while the dollar maintained a cautious stance on Tuesday. This occurred as trade negotiations between the United States and China were extended into a second day, with initial indications suggesting a potential easing of tensions between the world’s two largest economies.

US President Donald Trump conveyed a positive outlook regarding the discussions held at Lancaster House in London, which concluded for the night on Monday and were scheduled to resume at 0900 GMT on Tuesday.

Stock values in Asia saw gains, building upon the upward trend from the beginning of the week.

MSCI’s broadest index of Asia-Pacific shares, excluding Japan, increased by 0.5%, while Nasdaq futures showed a gain of 0.62%. S&P 500 futures also edged up by 0.43%.

EUROSTOXX 50 futures and FTSE futures each registered gains of approximately 0.1%.

Intra-day Update

This information represents an update on market activity as it unfolds during the trading day.