On Thursday, May 29, 2025, the Pakistan Stock Exchange (PSX) experienced a significant bullish surge. The KSE-100 index rose by 638.5 points, or 0.54%, closing at 118,971.40, up from 118,338.90. The rally saw the index peak at 1,298.02 points by 1:45 p.m., reflecting increasing investor confidence.
The analyst attributed the surge in the PSX market to positive expectations surrounding the upcoming federal budget and strong corporate earnings. The market performed well thanks to improved budget expectations and optimism from corporate results.
Read: Nvidia Shares Up 5%, Revenue Hits $44.1B
The government postponed the federal budget unveiling from June 2 to June 10, 2025, amid ongoing discussions with the International Monetary Fund (IMF) on taxation and fiscal measures. Sources indicate that Finance Minister Muhammad Aurangzeb held multiple rounds of talks, including a wrap-up session with the visiting IMF mission, impacting market sentiment.
The KSE-100 index shows positive momentum, but investors closely monitor budget developments and IMF outcomes. The bullish trading trend for 2025 highlights Pakistan’s economic resilience, with analysts expecting continued growth if fiscal policies meet market expectations.
