Islamabad, Nov 23: PSX Recognized as the World’s Second-Best Performing Stock Market in 2024. As the year progresses, the Pakistan Stock Exchange (PSX) has become the world’s second-best-performing market. Shahid Ali Habib, CEO of Brokerage House Arif Habib Limited (AHL), claims that the benchmark KSE-100 Index has shown returns of 56.69 percent in US dollars so far in CY24.
Habib connected this performance to increased political and economic stability in the nation in a post on X. He also identified strong fundamentals and increasing liquidity as major factors contributing to this outstanding result. Another factor cited by the CEO was the ongoing International Monetary Fund (IMF) initiative.
The Pakistan Stock Exchange’s 100-Index closed Friday at its highest level ever, 97,798.23 points, up 469.84 points.
