Saturday, January 4, 2025

2024-A Landmark Year for the Pakistan Stock Exchange with Unprecedented Growth

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2024 has proven to be a transformative year for the Pakistan Stock Exchange, surpassing expectations and setting new records.

With remarkable growth in both market capitalization and index performance, the year has reshaped the country’s financial landscape.

As the stock market surged, it not only outperformed previous years but also set new benchmarks, reflecting the resilience and potential of Pakistan’s economy.

The 100 Index recorded a remarkable increase of over 53,000 points.

Market capitalization rose by 61%, reaching 146 trillion rupees, and the 100 Index saw an 87% rise in dollar terms.

The Pakistan Stock Exchange started the year on a positive note, with the index surpassing 111,000 points.

On December 30, 2023, the 100 Index stood at 62,045 points, while on December 31, 2024, it closed at 115,126 points.

Economic analysts attribute this record-breaking growth to the overall improvement in economic indicators.

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