PSX hits record high as bulls charge ahead

Investor enthusiasm propelled the Pakistan Stock Exchange to new highs this week, with banking stocks taking the lead thanks to attractive double-digit yields. Meanwhile, anticipation of pro-construction policies in the forthcoming federal budget drove cement and steel stocks upward.

The benchmark KSE-100 index surged by 1,950 points (1.6%), reaching a historic close at 121,641.

This week on Stock Watch, Nukta presenter Shuja Qureshi is joined by Shahbaz Ashraf, CIO at FRIM Ventures, and Farid Alam, CEO at AKD Securities, to analyze budget-related developments, their market impact, and the banking sector’s dominance in investor sentiment.

Catch us live as we discuss Budget 2026 on Nukta Business’s YouTube and Nukta Pakistan’s Facebook pages from June 9 to 11 at 7 PM (PST). Follow us now for in-depth insights from industry experts on how the budget will shape Pakistan’s economic landscape.