KSE-100 Index Crosses Historic 100,000-Point Milestone

The Pakistan Stock Exchange (PSX) made history today as the KSE-100 Index surged past the 100,000-point mark for the first time. This significant milestone reflects growing investor confidence in the nation’s economic trajectory and government policies.

Opening strong at 99,269 points, where it closed yesterday, the KSE-100 Index climbed by an impressive 1,271 points, reaching 100,540 during early trading hours.

Prime Minister Shehbaz Sharif lauded this achievement, calling it a testament to the trust placed by the business community and investors in the government’s economic strategies. In a statement, the Prime Minister commended the efforts of the economic team and officials for their dedication to fostering investment and stabilizing the economy.

“This milestone demonstrates our unwavering commitment to Pakistan’s economic stability and development,” said Shehbaz Sharif. “We sacrificed political interests to save the country from default, and by the grace of God, these efforts have not gone in vain.”

Highlighting recent economic improvements, the Prime Minister noted a decrease in the inflation rate, a stable interest rate at 15%, and record-high remittances. He expressed optimism about the nation’s economic future while criticizing “anarchist elements” for attempting to derail progress.

Reiterating the government’s resolve, Shehbaz Sharif vowed to continue working tirelessly for Pakistan’s prosperity, stating, “We will not allow enemies of development to succeed in their nefarious designs.”

The historic surge in the PSX serves as a beacon of hope for Pakistan’s economy, with analysts citing it as a sign of renewed investor confidence and a positive outlook for the country’s financial future.