Pakistan Stock Exchange (PSX) just hit a new record high! On Thursday, March 20, 2025, the KSE-100 Index jumped up by 795 points and closed at 118,769. During the day, it even touched an amazing 119,421 points! That’s the highest it’s ever been, and people are pretty excited about it.
Prime Minister Muhammad Shehbaz Sharif on Thursday expressed his satisfaction over Pakistan Stock Exchange (PSX) crossing 119,000 points for the first time in its history.https://t.co/Gs3qUmHeU3#PSX #KSE100 #PakistanEconomy #ShehbazSharif #brecordernews pic.twitter.com/sIv2LsavKv
— Business Recorder (@brecordernews) March 21, 2025
What Happened to PSX?
Detail | Value |
---|---|
Starting Point | 118,525 points |
Highest Point | 119,421 points |
Closing Point | 118,769 points |
Points Gained | 795 points |
Why Did PSX Go Up?
Reason | What It Means |
---|---|
IMF Plan | Fixing money issues sounds promising |
Selling Companies | More cash for the country |
Cheaper Electricity | Businesses could save money |
What Does This Mean?
This record high is a big deal! It shows that people trust the economy more now. Prime Minister Shehbaz Sharif even said he’s proud of this milestone. He thinks it’s because the government’s plans are working, making things better for businesses and investors. When the stock market goes up like this, it’s a sign that things might be looking up for Pakistan.
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What It Shows | Why It Matters |
---|---|
Trust in Economy | People feel good about spending |
Happy Investors | More money might come to Pakistan |
Government Success | Plans seem to be working |