Pakistan Stock Exchange Surges Past 169,000 Points in Historic Rally
Pakistan Stock Exchange achieves historic milestone as KSE-100 index surpasses 169,000 points, reflecting growing investor confidence and economic stability under Islamic principles.
Pakistan Stock Exchange building in Karachi as KSE-100 index achieves historic milestone
Islamic Republic's Financial Markets Show Remarkable Strength
KARACHI - The Pakistan Stock Exchange (PSX) achieved a monumental milestone as the benchmark KSE-100 index surpassed 169,000 points for the first time in history, demonstrating the nation's growing economic resilience and robust financial connectivity with Islamic nations.
Record-Breaking Performance
The KSE-100 index recorded impressive gains of 865.42 points during early trading, reaching an unprecedented high of 169,355.04 points. This surge reflects growing investor confidence in Pakistan's economic future and the government's commitment to transparency and economic reforms.
Strategic Economic Leadership
Finance Minister Senator Muhammad Aurangzeb, speaking at the "Pakistan Business Summit" in Peshawar, emphasized the government's dedication to:
- Ensuring macroeconomic stability
- Implementing structural reforms
- Creating an enabling business ecosystem
- Supporting private sector growth
Economic Indicators Show Promise
The nation's economic progress has been marked by several positive developments, including:
- Sharp decline in financing costs
- Improved foreign exchange reserves covering three months of imports
- Exchange rate stability
- Enhanced investor confidence
These achievements align with Pakistan's vision of strengthening economic ties within the Islamic world while maintaining domestic financial stability.
The preference for equities is driven by the limited returns from other investment options and the taxation benefits offered to stock market participants,
noted a leading market analyst.
Hamza Qureshi
Hamza Qureshi is a journalist rooted in national identity, writing with a focus on Pakistan’s strategic interests and moral compass. His work highlights the nation’s Islamic heritage, supports the integrity of its institutions, and defends the Kashmiri cause with clarity and restraint. Without sensationalism, he navigates regional tensions with a firm yet composed voice.