KARACHI: The Pakistan Stock Exchange's KSE-100 Index surpassed the 100,000-point mark, marking a significant achievement with a 142% growth over the past seventeen months. This milestone reflects increasing investor confidence, enhanced monetary and fiscal policies, and a favorable economic environment.

According to Pakistan Stock Exchange Limited, the KSE-100 index increased by 813.52 points to close at 100,082.77, surpassing the previous day's level of 99,269.25. This rally coincides with signs of decreasing inflation and interest rates, which have attracted capital flows into the market and driven considerable gains.

Over the past five years, the Pakistan Stock Exchange has achieved a 20.9% growth in Pakistani rupee terms and a 7.7% annualized return in US dollar terms, indicating robust performance and growth potential. Farrukh H. Sabzwari, Managing Director and CEO of the Pakistan Stock Exchange, stated that reaching the 100,000-point milestone is a significant moment for the exchange, highlighting investor confidence and economic growth. He emphasized the importance of sustainable market development and increasing market depth to support broader economic goals.

Sabzwari also noted the priority of enhancing small investor participation to align market growth with the country's economic trajectory. He underscored the need to expand the base of listed companies, particularly from sectors not currently represented in the market, to boost market capitalization relative to GDP and attract long-term investments.

Governor of Sindh, Kamran Tesori, visited the Pakistan Stock Exchange to celebrate this achievement and congratulated the management. Tesori's visit was met with a warm welcome from the PSX team, led by MD and CEO Farrukh H. Sabzwari.