TLDR:
• KSE-100 breaks 126,000 level
• Budget fuels sustained market rally
• Trading volume crosses 510 million
KARACHI (The Thursday Times) — Following the federal government’s budget announcement earlier this week, Pakistan’s stock market rally continued with renewed momentum as the KSE-100 Index surged past the 126,000 mark, closing at a record 126,615.89 points.
Market reaction to budget momentum
Continuing the bullish trend seen since Tuesday, the benchmark KSE-100 Index gained a remarkable 2,263.21 points in total, marking a 1.79% increase in Thursday’s session alone. This surge reflects strong investor sentiment driven by fiscal optimism in the wake of the budget.
Trading activity and investor sentiment
Trading volume climbed to 513,732,616 shares, while the total value of traded securities stood at PKR 25.54 billion. Analysts link this sustained rally to increased investor confidence following key policy signals in the federal budget, including development-focused expenditure and clarity on taxation.
Impact of policy signals
The post-budget rally signals that institutional investors are responding favourably to the government’s fiscal direction. With two consecutive sessions of significant growth, the market appears to be buoyed not just by speculation but by clear macroeconomic cues that suggest a commitment to economic stability.
