Pakistan Stock Exchange Breaks Historic Milestone, PSX 100 Index Hits Record 120,410

Karachi:The Pakistan Stock Exchange (PSX) has reached a historic peak with its 100 Index soaring to an all-time high of 120,410 points. This significant milestone was anticipated by market analysts and investors alike, with projections indicating that the index would surpass the 120,000 mark in the current trading week.
As of now, all indicators are positive, confirming the expectations of experts.
**Shahryar Butt**, a market expert, stated that the positive performance of the stock market reflects a robust economic recovery. He emphasized that the **trade surplus with the United States** stands at **\$2.5 billion**, signaling growth in exports and a significant improvement in bilateral trade balance.
**Per Capita Income Growth**:
Shahryar Butt also highlighted that Pakistan’s **per capita income** has seen a **9.75% increase**, reaching **\$1,824**, which he described as a sign of recovery in the economy and improved purchasing power of the population.
He attributed the growing investor confidence in the stock market to **better state policies**, noting that this has had a positive impact on the overall market sentiment. Butt forecasted further improvement in the market, expressing optimism about the future trajectory.
**Key Takeaways**:
* **Historical Milestone**: PSX 100 Index hit a record of **120,410 points**.
* **Trade Surplus**: Pakistan’s **trade surplus** with the U.S. is **\$2.5 billion**.
* **Economic Growth**: **Per capita income** has increased by **9.75%**, reaching **\$1,824**.
* **Investor Confidence**: Positive state policies have boosted investor trust in the stock market, with expectations of continued growth.
This growth in the stock market comes as a significant indicator of Pakistan’s economic recovery and the strengthening of its financial outlook.