The Pakistan Stock Exchange opened the post-Eid trading session on a strong footing Tuesday, with the KSE-100 Index rising by over 500 points as investors awaited key announcements in the upcoming 2025–26 federal budget.

As of 11:30am, the KSE-100 was trading at 122,161.81 points, reflecting a gain of 520.81 points or 0.43%. Positive sentiment was led by robust activity in key sectors, including commercial banks, fertilizers, oil and gas exploration companies, oil marketing companies (OMCs), and refineries.

Prominent stocks such as PRL, WAFI, MARI, OGDC, POL, HBL, MCB, and MEBL saw upward movement.

The optimism is fueled by expectations from the federal budget, which is set to be unveiled in the National Assembly by Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb. The budget is projected to have a total outlay of Rs17.6 trillion.

The Finance Bill 2024 will also be tabled in the Senate the same day, in accordance with Article 73 of the Constitution.

The market’s upward trajectory follows last week’s positive trend, during which the KSE-100 gained 1,950 points, or 1.6%, closing at 121,641 points up from 119,691 the previous week. Trading sessions last week were limited to four days due to the Eid holiday on June 6.

Globally, investor confidence remained high on Tuesday. Stock markets rallied as trade talks between the United States and China entered their second day, with hopes that tensions between the two economic giants might ease.

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