For the first time, the Pakistan Stock Market has surpassed 131,000 points, marking a historic milestone. The benchmark KSE-100 Index rose 736 points during the trading session, hitting an all-time high of 131,080 points.
The KSE-100 Index steadily traded at 130,831 points, while the market saw an overall gain of 487 points. This bullish tendency, according to experts, is a reflection of rising optimism about the nation’s improving economic prospects.
In the meantime, the government has stated that it is committed to raising Pakistan’s GDP to $1 trillion by 2035. The nation’s foreign exchange reserves have exceeded the International Monetary Fund’s (IMF) target, which is another encouraging development.
The 7% increase in petroleum product sales nationwide, which reflects improving consumer confidence and economic activity, is another indication of the economy’s revival.
