Pakistan Stock Market has achieved a historic milestone, crossing the 131,000-point mark for the first time. During the trading session, the benchmark KSE-100 Index surged by 736 points, reaching an all-time high of 131,080 points.
The market witnessed an overall gain of 487 points, with the KSE-100 Index consistently trading at 130,831 points. Experts believe this bullish trend reflects growing confidence in the country’s improving economic outlook.
Meanwhile, the government has expressed its determination to elevate Pakistan’s economy to the $1 trillion mark by 2035. In another positive development, the country’s foreign exchange reserves have surpassed the target set by the International Monetary Fund (IMF).
Signs of economic recovery are further evident in the 7% increase in the sale of petroleum products across the country, indicating rising consumer confidence and growing economic activity.