The Pakistan Stock Exchange (PSX) reached a historic milestone

The Pakistan Stock Exchange (PSX) reached a historic milestone, crossing the 120,000-point mark for the first time, with the KSE-100 index surging by over 1,800 points to hit 120,500.

Prime Minister Shehbaz Sharif welcomed this record growth, stating it reflects growing investor confidence in the government’s economic direction. He noted that recent electricity price reductions would benefit both households and industries.

The Prime Minister credited the improvement in economic indicators and the overall business climate to the government’s effective policies and reiterated the commitment to fostering a business-friendly environment.

It is important to mention that on the previous trading day, the PSX’s 100 index closed at 118,938 points, marking an increase of 1,131 points.