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Karachi: Pakistan Stock Exchange (PSX) reached a historic milestone as the 100-Index surpassed 100,000 points for the first time, signaling growing investor confidence in the country’s economic policies. The index, which closed at 99,269 points the previous day, rose to 100,540 points with an increase of 1,271 points at the start of trading.
According to Ministry of Information and Broadcasting, Prime Minister Shehbaz Sharif congratulated the nation on this achievement, attributing it to the trust of the business community and investors in the government’s economic strategies. He commended the government’s economic team for their efforts in promoting investment and ensuring economic stability.
In his statement, the Prime Minister emphasized that the government’s commitment to economic development is unwavering, noting that they have prioritized national stability over political interests. He also mentioned improvements such as a decrease in the inflation rate, a stable interest rate at fifteen percent, and record-high remittances as indicators of economic progress.
Shehbaz Sharif asserted that the departure of what he termed an “anarchist group” has allowed for a positive shift in the stock market. He warned against those attempting to destabilize the nation but expressed confidence in the government’s continued efforts to foster development and prosperity.
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