The Pakistan Stock Exchange (PSX) crossed the 120,000 points mark for the first time on the last day of the trading week.

Trading began with a surge of over 1,800 points, propelling the PSX’s 100 index to a record high of 120,500 points. This impressive gain highlights the continuing bullish trend in the market.

Prime Minister Shehbaz Sharif expressed his satisfaction with this historic rise, emphasizing that the increase of 1,800 points in a single day reflects growing confidence among traders and investors in the government’s economic strategies.

He also noted that recent reductions in electricity rates would not only provide relief to domestic consumers but would also benefit businesses and industries.

The Prime Minister pointed out that the improvement in economic indicators and the overall business environment over the past year can be attributed to the government’s effective policies.

He reiterated the government’s commitment to fostering a positive environment for business and investment in Pakistan.

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Historic milestone achieved as PSX surpasses 120,000 points

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KSE-100 index reaches new milestone, surpassing 88,000 points

It is important to mention that on the previous trading day, the PSX’s 100 index closed at 118,938 points, marking an increase of 1,131 points.

In contrast, following U.S. President Donald Trump’s imposition of tariffs on various countries, U.S. stock markets are facing significant challenges, resulting in substantial losses for investors and marking the worst decline for these markets since 2020.