A new history was created in the Pakistan Stock Exchange, the index crossed the milestone of one hundred thousand points.
The PSX has been on a bullish trend since the start of trading today, as a result of which the KSE 100 index crossed the one hundred thousand mark by increasing by 790 points.
As a result of the government’s right steps, the country’s economy is moving towards improvement, in this regard, due to the restoration of investor confidence, the stock market saw a huge increase of 1099 points on Thursday and the index also reached its highest level of one hundred thousand points for the first time in the country’s history. The KSE 100 index rose to a new high of one hundred thousand 479 points.
At the end of trading, the Pakistan Stock Exchange closed at one hundred thousand 082 points with an increase of 813 points.
The economy will improve significantly, experts
According to economic experts, the record growth in the Pakistan Stock Exchange is a sign of economic improvement. Pakistan’s economic and financial policies are moving in the right direction. This will significantly improve Pakistan’s economy.
The index had crossed 5 levels yesterday
It should be noted that the PSX had also experienced a strong rally yesterday and the index had restored its 5 levels. The stock exchange ended the trading session at a new high of 99,269 points with the 5 levels of 95,000, 96,000, 97,000, 98,000 and 99,000 restored.
During this time, the trading volume in the market consisted of deals worth more than 1.3 billion shares.
Crossing the milestone of the stock exchange is a reflection of the confidence of investors, says the Prime Minister
Meanwhile, Prime Minister Muhammad Shehbaz Sharif, while congratulating the nation on crossing the milestone of 100,000 points on the Pakistan Stock Exchange, has said that the stock exchange’s crossing of 100,000 points for the first time in history reflects the confidence of the business community and investors in the government’s policies.
The Prime Minister said that the government’s economic team and the officials working to promote investment in the country are commendable for crossing this milestone. I had promised my nation that I would take every possible step for the country’s economic stability and development. I sacrificed my politics to save Pakistan from default, and by the grace of God, my sacrifice was not in vain.
He said that the enemies of the country’s stability and development are making nefarious and unsuccessful attempts to derail the country again. The inflation rate in the country has further decreased, the interest rate is 15 percent and remittances have reached record levels. We will continue to work hard for the country’s development and will not allow the enemies of the country’s development and prosperity to succeed in their nefarious objectives.
Army Chief is protecting the economy along with the borders, Sindh Governor
Sindh Governor Kamran Tesori says that Army Chief General Asim Munir is protecting the economy along with the borders.
Talking to media representatives at the Stock Exchange, Sindh Governor Kamran Tesori said that there will be no improvement if we keep the economy separate and do politics. If the economy improves, politics will also improve. Army Chief General Asim Munir is protecting the economy along with the borders.
