Islamabad, Nov 28: The Pakistan Stock Exchange (PSX) made history on Thursday by crossing the 100,000-point mark for the first time, driven by bullish investor sentiment. The KSE-100 index surged 790 points (0.8%) to reach 100,059 points, continuing the momentum from Wednesday’s rally.
Key Highlights
- Historic Growth: A remarkable 150% return was recorded, with the index rising from 40,000 to 100,000 in just 17 months.
- Market Dynamics: Improved investor confidence due to an IMF loan, fiscal discipline, declining inflation, and falling interest rates contributed to the surge.
Market Performance
- Active Shares: 121.27 million shares were traded, valued at Rs. 2.77 million.
- Company Stats:
- Gains: 320 companies
- Losses: 47 companies
- Unchanged: 17 companies
Top Volume Leaders
| SCRIP | PRICE | HIGH | LOW | CHANGE | VOLUME |
|---|---|---|---|---|---|
| BOP | 8.85 | 8.85 | 8.18 | 1.0 | 65,778,460 |
| KEL | 5.44 | 5.47 | 5.26 | 0.29 | 6,648,707 |
| BML | 2.92 | 3.0 | 2.88 | 0.24 | 5,237,204 |
25-Year Overview
- Annual Returns:
- 20% in PKR
- 13% in USD
- CEO Mohammed Sohail remarked, “From less than 1,000 points in the late 1990s to 100,000 today, the market is up 100 times despite economic challenges.”
With fiscal reforms and investor confidence improving, PSX’s historic milestone reflects resilience and optimism for Pakistan’s economy.
