The index rocketed to 122,611.53 (up 0.80%) before settling, lifted by blue-chip stocks. Analysts credit bullish sentiment to expected industrial power tariff cuts and Rs2 trillion gas debt solutions in the upcoming budget.
“Surging oil prices and budget optimism are catalysts,” said Arif Habib’s CEO. With FY26’s record outlay, can PSX sustain this rally?
Despite missing its 3.6% GDP target, Pakistan notched 2.7% growth, $1.9bn current account surplus, and a 26% revenue jump. IT exports hit $2.8bn—freelancers added $400m alone.
Today’s budget eyes Rs14.02 trillion in taxes—a steep leap from FY25’s Rs12.33 trillion. Will reforms ease the burden or spook investors?
The PSX skyrocketed 50.2% this year, outpacing global peers. Six new listings took total firms to 527—proof of renewed investor faith.
Read more: Pakistan’s strategic defence boost: A necessary response to Indian aggression
According to the Economic Survey, the KSE-100 Index surged by 50.2% over the fiscal year, supported by macroeconomic stability, declining interest rates, strong corporate earnings, and a successful International Monetary Fund (IMF) review. The PSX outperformed several major global bourses, with six new company listings bringing the total to 527 by March 2025.
The PSX rally reflects budget hopes and macroeconomic wins—lower inflation, remittance growth, and IMF stability. But with lofty tax targets and energy reforms pending, can this momentum last? One thing’s clear: Pakistan’s market is betting big on change.
