ISLAMABAD: The Pakistan Stock Exchange (PSX) witnessed a strong recovery on Friday following the National Assembly’s approval of the federal budget for fiscal year 2025-26.
The KSE-100 Index surged by 1,567.07 points during intraday trading, pushing the benchmark to 123,613.53 points.
This significant rebound came after days of market uncertainty, as the budget’s passage restored investor confidence.
The surge marked a clear reversal from Thursday’s losses, where the index had dipped by 715.18 points.
Investor Sentiment Rebounds on Policy Clarity
The approval of the Rs17,573 billion federal budget played a key role in reviving market momentum.
The rejection of all cut motions presented by the Opposition added political stability, further fuelling positive sentiment.
A total of 758 million shares were traded, amounting to Rs29.93 billion in turnover.
Among the 473 companies involved in trading, 200 recorded gains, 237 faced losses, and 36 remained unchanged.
The broad participation reflects investor optimism following the fiscal clarity offered by the Finance Bill 2025.
Government Signals Economic Continuity
The budget’s clause-by-clause approval was conducted under Speaker Sardar Ayaz Sadiq, with Finance Minister
Aurangzeb presenting motions and Prime Minister Shehbaz Sharif present during the session.
The Finance Bill aims to enact the government’s financial proposals starting from July 1, 2025, and includes amendments to several fiscal laws.
Its passage marks a critical step in the government’s economic strategy for the upcoming year, aiming to stabilize financial markets and attract investment.
Market analysts view this recovery as a short-term boost that may continue if macroeconomic indicators align with policy goals.
The PSX rebound serves as a reflection of renewed investor trust and could set the stage for a bullish trend if fiscal discipline and implementation follow suit.
