![\"Stocks,](\"https:\/\/youdigital.pk\/en\/assests\/2025\/06\/111153392b9dd1c.png\")
<\/p>\nISLAMABAD: The Pakistan Stock Exchange (PSX) reached a historic milestone on Wednesday, surging past the 124,000-point mark for the first time in its history.<\/p>\n
Investors reacted positively to the federal budget 2025-26, which was widely seen as favorable to capital markets.<\/p>\n
The KSE-100 Index jumped 2,285 points, or 1.87%, to close at 124,309.57 by midday trading.<\/p>\n
The rally followed a 400-point gain on Tuesday, driven by pre-budget optimism.<\/p>\n
<\/p>\n
The absence of new taxes on capital markets and stability in existing tax regimes helped fuel the positive momentum.<\/p>\n
Analysts described the budget as \u201cneutral to positive\u201d with no surprises for listed companies.<\/p>\n
Investor sentiment remained upbeat despite a record tax shortfall in the outgoing fiscal year.<\/p>\n
The government has targeted a revenue collection of Rs14.13 trillion, an increase of 18.7% from the previous year.<\/p>\n
Market Sentiment Turns Bullish<\/strong> Awais Ashraf, Director at AKD Securities, said that investors welcomed the decision to avoid imposing new levies on the stock market.<\/p>\n He added that increased taxation on fixed-income returns may push savers toward equity investments.<\/p>\n Capital gains and dividend taxes remained unchanged, further strengthening investor confidence.<\/p>\n Mixed Business Reaction to Budget<\/strong> Ehsan Malik of the Pakistan Business Council said the real estate sector was the biggest beneficiary.<\/p>\n He pointed out that tax relief in property transactions would drive growth in that segment. The stock market\u2019s strong reaction reflects confidence in economic stability and continuity in policy direction. ISLAMABAD: The Pakistan Stock Exchange (PSX) reached a historic milestone on Wednesday, surging past the 124,000-point mark for the first time in its history. Investors reacted positively to the federal budget 2025-26, which was widely seen as favorable to capital markets. The KSE-100 Index jumped 2,285 points, or 1.87%, to close at 124,309.57 by midday …<\/p>\n","protected":false},"author":6,"featured_media":1197,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17],"tags":[39,304,1368],"class_list":["post-2729","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tie-business","tag-budget","tag-psx","tag-stocks"],"_links":{"self":[{"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/posts\/2729","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/comments?post=2729"}],"version-history":[{"count":1,"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/posts\/2729\/revisions"}],"predecessor-version":[{"id":2732,"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/posts\/2729\/revisions\/2732"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/media\/1197"}],"wp:attachment":[{"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/media?parent=2729"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/categories?post=2729"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/tags?post=2729"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
Market experts believe the budget removed key uncertainties around taxation on equities.<\/p>\n
While the PSX surged, business leaders had mixed views on the fiscal plan.<\/p>\n
However, the Overseas Investors Chamber of Commerce criticized the lack of reforms in corporate tax structures.<\/p>\n
The focus on documentation and enforcement is expected to further aid market sentiment in the coming months.<\/p>\n","protected":false},"excerpt":{"rendered":"