The Pakistan Stock Exchange (PSX) has achieved significant growth in 2024, with its performance surging by a whopping 78% to reach an impressive 80%. This remarkable growth has catapulted the PSX to the second-best performing stock market globally, a testament to the country's thriving economy. The market capitalisation has peaked at a staggering $100 billion, a significant increase from its current market capitalisation of $50 billion. Furthermore, the exchange has seen 7 new listings generate a substantial Rs8.4 billion, a clear indication of investor confidence in the market. These impressive figures are a result of the government's efforts to promote economic growth and development, and are expected to have a positive impact on the country's overall economic landscape.
Facts that align with the main story
PSX performance surged by 78% to 80%
Global ranking: second-best performing stock market globally
Market capitalisation peak: $100 billion
Alternative viewpoints by topic
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published 68 days ago
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Fact | Tribune.com.pk | The News | Geo TV | Tribune |
---|---|---|---|---|
State Bank policy rate | ECB's target rate: 2% | rupee likely to remain stable against dollar next week | State Bank policy rate: 13% | N/A |
Interest rates | ECB's target rate: 2% | N/A | interest rates: projected to decline to single digits in CY25 | N/A |
Inflation | Recent inflation uptick: Euro zone annual inflation accelerated to 2.2% in November | N/A | inflation: anchored to single digits | N/A |
PSX growth | N/A | N/A | PSX performance: surged by 78% | growth: 80% |
PSX performance surged by 78% to 80% | N/A | N/A | ✔ | ✔ |
Global ranking | N/A | N/A | second-best performing stock market globally | second-best performing stock market globally |
Market capitalisation peak | N/A | N/A | $100 billion | $100 billion |
Market capitalisation | N/A | N/A | $50 billion | $50 billion |
7 new listings generated Rs8.4 billion | N/A | N/A | ✔ | ✔ |
Facts that align with the main story
PSX performance surged by 78% to 80%
Global ranking: second-best performing stock market globally
Market capitalisation peak: $100 billion
Alternative viewpoints by topic
published 60 days ago
published 60 days ago
published 60 days ago
published 60 days ago
published 68 days ago
published 68 days ago