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PM lauds PSX surge as proof of economic stability

Islamabad: Prime Minister Muhammad Shehbaz Sharif has expressed satisfaction over Pakistan Stock Exchange (PSX) 100 Index crossing a record high of 127,000 points on the first day of the new fiscal year.

In a statement, he said the new fiscal year has begun with good news and a significant development in the economic domain, which is highly encouraging.

He said the stock market’s 100 Index reaching its highest level is evidence that the confidence of the business community and investors in the national economy and government policies is growing stronger with each passing day.

He said due to the government’s sound economic policies in the previous fiscal year, the national economy gradually showed excellent recovery.

He was confident that the new fiscal year will prove to be a milestone in the journey toward economic improvement.

He said we are grateful to the business community and investors who are actively supporting the government in the development and prosperity of the country.

The Prime Minister expressed government’s commitment to promoting a conducive business environment and providing further facilities to investors.