Pakistan, June 27 -- The Pakistan Stock Exchange (PSX) showed strong recovery on Friday as the KSE-100 Index gained 1,581.77 points, rising 1.3% to reach an intraday high of 123,628.23. The index fluctuated between a low of 122,222.69 and the high during trading, reflecting positive market sentiment after the National Assembly approved the federal budget.

Trading activity was robust, with over 81 million shares exchanged and a total value of approximately Rs9 billion. The market paused briefly for the Namaz break but is expected to resume soon, continuing the upward momentum seen after the budget announcement.

On Thursday, the National Assembly passed the Rs17.6 trillion budget for the fiscal year 2025-26, introducing Rs463 billion in n...