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PSX 100 Index Achieves Historic 84% Growth in 2024

Muhammad Ali (Web Desk Reporter) by Muhammad Ali (Web Desk Reporter)
December 31, 2024
in Lifestyle
Reading Time: 1 min read
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Karachi – The Pakistan Stock Exchange (PSX) had a very good year in 2024, whereby it opened hitting an 84% increase in its KSE-100 index. It was up 52,675 points and ended the year at a record high of 115,126 points.

On its yearly performance, the KSE-100 index has shown remarkable performance to its higher level of 117,039 points and to the lowest point level of 59,191 points.

And trading in 2024 was equally good, where 139 billion shares traded for approximately PKR 5,464 billion in total transaction value. Market capitalization was also up by PKR 5,432 billion and ended at PKR 14,495 billion.

This significant performance envisions that PSX is always in a position to retain significant investment even in worse economic situations. According to the record-breaking growth rate, PSX is central to economic growth and has emerged as a representative hope to enhance the growth rate of a country’s economy.

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Muhammad Ali is a Web Desk Reporter at The Pakistan Observer, contributing to the publication’s digital news coverage with a focus on timely, accurate and reader-friendly reporting.

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