PSX KSE100 Index exceeds 100,000 points, Breaks Records in Stock Market
KARACHI: The Pakistan Stock Exchange (PSX)’s KSE100 index has surpassed the threshold of 100,000 points with a surge of 790 points, leading to an increase of 1233 points of the PSX.
November 28, became a golden day in the history of the PSX, with an observed increase of 1233 points. The index was traded at 100,502 points during trading, proving November to be a record month in history for the PSX as investors actively engage with improving economic indicators.
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Prime Minister (PM) Muhammad Shehbaz Sharif congratulated the entire nation and alleged that it resonates as trust the business community and investors have placed in the government policies. Authorities and the government economic team are working to promote investment in the country, a move that has commendably contributed to the crossing of this milestone in the history of the PSX. The PM has vowed to take every step possible to further national development and stabilize the economic terrain in the country.
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On the occasion, PM Sharif said that the [PMLN] government has sacrificed politics to save Pakistan from defaulting, and by the grace of the Allah their sacrifice has not been lost in vain. The enemies of the state are making desperate and unsuccessful attempts to derail the country from stability and development, however, the inflation rate is going down, the interest rare is maintained at fifteen percent and remittances are reaching record levels, respectively.
We will continue to work hard for Pakistan’s development and will not allow the enemies to to succeed in their objectives, affirmed the PM.
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