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PSX Closes at Fresh All-Time High Ahead of FY26 Budget

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Legal Expert
PSX Closes at Fresh All-Time High Ahead of FY26 Budget
The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) gained nearly 1,400 points on Wednesday to close at an all-time high of 121,798 points. At close, the benchmark KSE-100 index was up 1,348 points or 1.11 percent over the previous closing. In a note, brokerage firm Topline Securities said that the bullish momentum from the previous session carried forward today, fueled by robust buying from local and corporate institution. The key drivers of the rally included heavyweight stocks such as NBP, BAHL, SYS, LUCK, and MCB, which collectively contributed 586 points to the KSE-100 index’s upward trajectory, it added. A total of 710,591,203 shares were traded during the day as compared to 578,163,611 shares the previous trading day, whereas the price of shares stood at Rs. 35.21 billion against Rs 26.82 billion on the last trading day. As many as 475 companies transacted their shares in the stock market, 264 of them recorded gains and 170 sustained losses, whereas the share price of 41 companies remained unchanged.
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Written by the expert legal team at Javid Law Associates. Our team specializes in corporate law, tax compliance, and business registration services across Pakistan.

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