PSX Achieves Record-Breaking Growth in 2024

The Pakistan Stock Exchange (PSX) has made a remarkable recovery in 2024, witnessing a surge in performance of approximately 78%-80%. This impressive growth has catapulted the PSX to the second spot globally in terms of performance, leaving behind several other prominent stock markets. Market capitalisation reached a historic high of $100 billion, a testament to the growing confidence of investors in the Pakistani economy. The return in USD terms was a staggering 177%, a clear indication of the market's resilience and potential for growth. The PSX's outstanding performance is a result of a combination of factors, including a stable economic environment, improved governance, and a growing investor base. As the PSX continues to soar, it is likely to attract more investors and contribute to the country's economic development. The success of the PSX is a beacon of hope for the Pakistani economy, and its continued growth is expected to have a positive impact on the country's overall economic landscape.