PSX continues to consolidate, posts 0.5% weekly gain

The Pakistan Stock Exchange saw a measured uptrend this week, with the Cement sector leading the charge as investors anticipated the announcement of a construction package in the upcoming budget.

Selective picks such as PTC and APL gained significant traction, registering 9.5% and 9.3% increases, respectively. By week’s end, the benchmark KSE-100 index recorded a 0.5% gain, closing at 119,691 points.

Market sentiment remained cautiously optimistic amid speculation over sector-specific incentives and policy shifts in the new fiscal budget.

In this week’s episode of Stock Watch, Nukta presenter Shuja Qureshi is joined by Shahbaz Ashraf, CIO at FRIM Ventures, and Shankar Talreja, Director of Research at Topline Securities, to discuss the impact of the upcoming budget on key sectors, power sector circular debt resolution, and analyze the potential Attock Group divestment of Attock Cement Pakistan Limited.