Connect with us

Business

As the 100-Index surpasses 100,000, the PM congratulates the nation for setting a new record.

Published

2 weeks ago

on

Upon the 100 Index of the Pakistan Stock Exchange surpassing 100,000 points, Prime Minister Muhammad Shahbaz Sharif congratulates the entire country.

According to the prime minister’s statement, the first-ever crossing of 100,000 points on the stock exchange shows that investors and the business sector have faith in the government’s economic initiatives.

For reaching this milestone, he remarked, the government’s economic team and the leaders promoting investment in the nation deserve praise.

The prime minister had assured the populace that he would do everything within his power to support the nation’s economic growth and stability.

According to Shehbaz Sharif, he gave up his political career to keep Pakistan from going into default, and fortunately, it was not in vain.

He claimed that those who oppose the stability and advancement of the nation are attempting in vain to bring the nation to its knees once more.

According to him, the country’s inflation rate has further dropped, interest rates have risen to 15%, and remittances have hit all-time highs.

“The enemies of national progress and prosperity will not be allowed to succeed in their nefarious objectives,” the prime minister said, vowing to keep up his hard work for the country’s development.

Related Topics:
Continue Reading

Business

PSX 100-index reaches an unprecedented peak, exceeding 111,000 points.

Published

17 hours ago

on

By

The Pakistan Stock Exchange (PSX) reached the significant milestone of 111,000 points shortly after today’s market opening.

The KSE-100 Index ascended by more than 1,000 points in the initial five minutes of trade, achieving a notable increase of 1,044 points to attain 111,014 points.

The increase indicates heightened investor confidence and a robust market sentiment.

Continue Reading

Business

SIFC Initiates Carbon Market Initiative: Pakistan Pursues Green Investment at COP29

Published

2 days ago

on

By

Pakistan has introduced its inaugural Carbon Market Policy at the 29th Conference of the Parties in Baku to attain climate objectives and encourage green investments.

The policy seeks to enhance investment in the energy, agriculture, and forestry sectors.

Through the initiatives of the Special Investment Facilitation Council, Pakistan has developed a transparent carbon market framework that adheres to international norms.

The policy conforms to international standards and establishes a definite strategic orientation.

Pakistan’s carbon market policy promotes environmental conservation, economic development, and sustainability.
It promotes the use of eco-friendly technologies by enterprises and the reduction of greenhouse gas emissions.

The policy represents a substantial advancement in the worldwide effort to combat climate change. It encourages international investors and organizations to participate in Pakistan’s carbon market.

SIFC aims to mitigate environmental concerns while promoting economic growth via the Global Carbon Market.

Continue Reading

Business

When the benchmark hits 109,881 points, the PSX-100 index sets a new record.

Published

2 days ago

on

By

During the first hour of trading today, the Pakistan Stock Exchange (PSX) made a stunning comeback, moving from negative to positive territory. After losing 1,400 points, the market recovered and gained 800 points.

Setting a new high, the benchmark KSE-100 Index jumped 827 points to a record-breaking 109,881 points. Restored investor confidence was also reflected in the market’s return to its crucial levels of 108,000 and 109,000 points.

Supportive government policies and recent strong economic data are credited by experts with this success, as they have improved market mood.

Continue Reading

Trending