PSX hits historic 100,000 milestone

The Pakistan Stock Exchange (PSX) achieved another historic milestone today as KSE-100 Index breached over 100,000 points psychological barrier for the first time in the history of the country.

The benchmark KSE-100 surged 947.32, or 0.95 per cent, to stand at 100,216.57 points from the previous close of 99,269.25 points.

This upward trend reflects growing confidence in the government’s economic policies and its efforts to stabilize the country’s economy.

Prime Minister Shehbaz Sharif congratulated the nation on this remarkable feat, highlighting it as a sign of trust from the business community and investors in the government’s efforts. 

He praised the economic team for their dedication to promoting investment and ensuring economic stability.

In a statement, the Prime Minister mentioned that the government’s sacrifices had paid off, noting that the positive shift in the stock market followed the departure of disruptive forces. 

He also pointed to declining inflation, a steady interest rate of 15%, and record-high remittances as signs of progress.

Prime Minister Sharif vowed to continue working for Pakistan’s development and to prevent attempts to derail the country’s growth and prosperity.