Positive trend follows the presentation of the federal budget for the fiscal year 2025–26
Karachi: A strong surge has been witnessed in the stock market just a day after the federal government presented the budget.
On Wednesday, trading at the Pakistan Stock Exchange (PSX) began with a significant gain of 2,296 points, pushing the KSE-100 Index up to 124,314 points.
The positive trend follows the presentation of the federal budget for the fiscal year 2025–26, which was unveiled yesterday. The market’s upward movement and increased trading activity reflect growing investor confidence.
The government presented a Rs17.573 trillion budget that includes a 10% increase in salaries for government employees and a 7% increase in pensions. Additionally, the government proposed a reduction in income tax rates on salaries.
The one problem Trump can’t afford
- 2 دن قبل
The cost of youth sports is out of control
- ایک دن قبل
Quaid-e-Azam Muhammad Ali Jinnah’s death anniversary observed
- 3 دن قبل
New York marks 25th anniversary of 9/11 attacks
- 3 دن قبل
How the iPhone Duo compares to other folding phones
- 2 دن قبل
Pakistan condemns drone attacks on KSA’s East-West Pipeline
- 2 دن قبل
The Supreme Court just handed Republicans a surprisingly decisive midterm loss
- 2 دن قبل
How to be an ethical gossip
- 3 گھنٹے قبل
Root takes charge, guiding England to series whitewash over Pakistan
- 2 دن قبل
Gaza film, Malkovich drama vie for Venice top prize
- 2 دن قبل
CJP emphasises district judiciary’s role in building public confidence
- 2 دن قبل
Ashrafi receives ‘The Hubert Walter Award for Reconciliation and Interfaith Cooperation 2026’
- 2 دن قبل
