PSX Commences Trading Week with Bullish Trend

The Pakistan Stock Exchange (PSX) initiated trading on Tuesday with a promising outlook, as the KSE-100 Index concluded the initial session post-Eid holidays with an increase of almost 400 points. Investors are closely monitoring forthcoming budget strategies expected to be revealed later today.

The market sustained its optimistic trajectory during the trading hours, elevating the KSE-100 Index to an intraday peak of 122,611.53.

Upon closing, the benchmark index reached 122,024.44, reflecting a gain of 383.44 points, equivalent to a 0.32% rise.

The federal government is scheduled to present the budget for 2025-26, estimated at Rs17.6 trillion, in the National Assembly for deliberation and approval.

Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, will introduce the federal Budget-2025-26 in the National Assembly. Simultaneously, he will table the Finance Bill 2024 in the Senate, adhering to Article 73 of the Constitution.

Last week, the PSX demonstrated a positive performance, driven by increasing confidence in a potential agreement between Pakistan and the IMF.

The KSE-100 index experienced a surge of 1,950 points, or 1.6%, concluding at 121,641 points on the week’s final trading day, compared to 119,691 points from the preceding week’s end.

Due to the Eid holiday on Friday, June 6, 2025, a total of four trading sessions were conducted.

Globally, stocks showed strength, and the dollar held steady as trade discussions between the United States and China were extended into a second day, suggesting a possible reduction in tensions between the world’s two major economies.

US President Donald Trump expressed a favorable view of the talks held at Lancaster House in London, which adjourned on Monday night and were scheduled to continue at 0900 GMT on Tuesday.

Asian stocks climbed, continuing their upward trend from the week’s beginning.

MSCI’s broadest index of Asia-Pacific shares excluding Japan grew by 0.5%, while Nasdaq futures saw a 0.62% increase. S&P 500 futures rose by 0.43%.

EUROSTOXX 50 futures and FTSE futures both increased by approximately 0.1%.