Market cautious: PSX enters consolidation phase pre-budget
The benchmark KSE-100 index closed the week down by 546 points, marking a 0.46% decline, settling at 119,103

Shuja Qureshi
Presenter
With over 20 years of combined experience in media and stock brokerage, Shuja Qureshi is a seasoned professional who hosts a weekly stock market show on Nukta. Passionate about personal finance, he also presents 'How to Money with Shuja Qureshi' on Nukta.
Shahbaz Ashraf
Business Consultant
Seasoned Investment Professional | CFA | 17+ Years of Experience in Equity Research, Valuation & Advisory Seasoned investment professional with over 17 years of experience in equity research, financial analysis, valuations, and investment advisory—primarily focused on financial services firms, including equity brokerages, asset management companies, and family offices. Skilled in financial modeling, portfolio management, and evaluating multi-asset investment opportunities. Known for delivering data-driven insights and actionable strategies tailored to both institutional and private clients. Holds a BBA and MBA in Finance from the Institute of Business Management (IoBM), Karachi, and is a Chartered Financial Analyst (CFA).
The Pakistan Stock Exchange remained range-bound this week, struggling for the third time to break past the 120,600 level. Investor sentiment remained cautious as the market awaited the announcement of the next fiscal year’s budget, set for June 10.
The benchmark KSE-100 index closed the week down by 546 points, marking a 0.46% decline, settling at 119,103.
Tune in to Stock Watch, where Nukta presenter Shuja Qureshi sits down with Shahbaz Ashraf, CIO at FRIM Ventures, and Shahrique Khan, EVP and Head of Sales at JS Global Capital Limited, for an in-depth discussion on the market outlook and key factors influencing stock prices in the coming days.
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