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KMI-30 Rockets 4,243 Points While KSE-100 Adds 2,696 Points in Massive Rally

Web Desk 16 hours ago 0

The Pakistan Stock Exchange witnessed a massive rally on Friday as buyers took complete control of the market. Positive expectations associated with Budget 2026-27, strong buying in the banking and cement sectors, and growing investor confidence took the market to new heights.

The KSE-100 index ended the day with a big gain of 2,696 points at 172,399 points, while the Islamic index KMI-30 gave a pleasant surprise to investors by closing at 246,743 points with a surprising jump of 4,243 points.

The big winners of the market included Lucky Cement, Habib Bank, Engro, Meezan Bank and DG Khan Cement, which provided a total support of thousands of points.

According to reports received from the trading floor, a large number of investors were buying shares on the expectations of a pick-up in economic activity after the budget, possible tax relief and incentives for the industrial sector.

Financial circles say that the improvement in economic indicators over the past few weeks has significantly strengthened the market sentiment. This is why large institutional investors are also seen active in the market again.

Although a few stocks like HCAR, ATRL, TREET and NRL remained under pressure, their impact on the overall market trend was negligible.

According to business experts, if investor-friendly measures are introduced in the Budget 2026-27, the Pakistan Stock Exchange could touch more record levels in the coming days.

Investors are now fully focused on the federal budget and its related economic decisions, which will determine the future direction of the market.

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