AGL 38.09 Decreased By ▼ -0.07 (-0.18%)
AIRLINK 136.34 Increased By ▲ 2.15 (1.6%)
BOP 9.20 Increased By ▲ 0.35 (3.95%)
CNERGY 4.72 Increased By ▲ 0.03 (0.64%)
DCL 8.85 Increased By ▲ 0.18 (2.08%)
DFML 38.34 Decreased By ▼ -1.44 (-3.62%)
DGKC 85.45 Increased By ▲ 0.30 (0.35%)
FCCL 35.15 Increased By ▲ 0.25 (0.72%)
FFBL 76.21 Increased By ▲ 0.61 (0.81%)
FFL 12.66 Decreased By ▼ -0.08 (-0.63%)
HUBC 108.70 Decreased By ▼ -0.75 (-0.69%)
HUMNL 14.73 Increased By ▲ 0.63 (4.47%)
KEL 5.58 Increased By ▲ 0.18 (3.33%)
KOSM 7.96 Increased By ▲ 0.21 (2.71%)
MLCF 40.78 Decreased By ▼ -0.59 (-1.43%)
NBP 70.94 Increased By ▲ 1.24 (1.78%)
OGDC 195.25 Increased By ▲ 1.63 (0.84%)
PAEL 26.96 Increased By ▲ 0.75 (2.86%)
PIBTL 7.46 Increased By ▲ 0.04 (0.54%)
PPL 168.02 Increased By ▲ 4.17 (2.55%)
PRL 26.19 Decreased By ▼ -0.17 (-0.64%)
PTC 20.34 Increased By ▲ 0.87 (4.47%)
SEARL 92.75 Increased By ▲ 8.35 (9.89%)
TELE 7.84 Decreased By ▼ -0.15 (-1.88%)
TOMCL 35.49 Increased By ▲ 1.44 (4.23%)
TPLP 8.91 Increased By ▲ 0.19 (2.18%)
TREET 17.29 Increased By ▲ 0.11 (0.64%)
TRG 59.27 Decreased By ▼ -1.73 (-2.84%)
UNITY 31.02 Increased By ▲ 2.06 (7.11%)
WTL 1.37 No Change ▼ 0.00 (0%)
BR100 10,901 Increased By 125.5 (1.16%)
BR30 32,654 Increased By 420 (1.3%)
KSE100 101,357 Increased By 1274.6 (1.27%)
KSE30 31,488 Increased By 295 (0.95%)

The KSE-100 Index crossed the 100,000-point mark on Thursday, delivering an impressive 142% return over the past 17 months.

The achievement reflects growing investor confidence, improved fiscal and monetary policies, and an increasingly conducive economic environment.

As the market closed on Thursday, the benchmark index climbed by 813.52 points, reaching 100,082.77 points, up from its previous close of 99,269.25.

The rally comes amidst signs of cooling inflation and declining interest rates, which have boosted market liquidity and fueled unprecedented gains.

Over the past five years, the Pakistan Stock Exchange (PSX) has delivered an annual return of 20.9% in PKR terms and 7.7% in USD, underscoring its resilience and appeal.

Key points: tracking KSE-100 making history day-by-day and what lies ahead

Farrukh H. Sabzwari, MD & CEO of PSX, said, “KSE-100 Index crossing the 100,000 mark is a proud moment for Pakistan Stock Exchange and a testament to the trust of our investors and the progress of nation’s economy”.

He was of the view that the milestone demonstrated potential of the capital market.

“Our focus is on driving sustainable growth and working towards increasing the depth of our market and ensuring it supports the broader economic objectives of the country.

“Expanding retail investor participation is a key priority, as it will foster inclusivity and resilience, enabling the market to grow alongside the nation’s economy,” Farrukh said.

The journey forward also requires broadening the base of listed companies, particularly from under represented sectors, he added.

“By doing so, PSX aims to improve Pakistan’s market capitalisation-to-GDP ratio, further complementing economic growth and increasing the market’s ability to attract long-term investments.”

Governor Sindh, Kamran Tessori visited the PSX on Thursday to celebrate the achievement and congratulate the PSX management.

Comments

200 characters
Faizan Ul Karim Nov 28, 2024 09:46pm
Don't celebrate too early. Our PTI under Order of Imran Khan will destroy all this fake Growth. Only Khan can bring Pakistani economy higher than USA!
thumb_up Recommended (0) reply Reply
Abdullah Nov 28, 2024 11:28pm
@Faizan Ul Karim, wake up.its morning.As of now he needs to give prood of toshakhana and 190 million corruption case.
thumb_up Recommended (0) reply Reply