The Pakistan Stock Exchange (PSX) in Islamabad recently reached historic highs, with the benchmark KSE-100 Index closing at an all-time high of 40,982 points. This is a remarkable achievement for the exchange, which has seen a steady rise in its performance over the past few years.
The PSX has been a major contributor to the growth of the Pakistani economy, and its recent success is a testament to the hard work and dedication of the exchange’s staff. The exchange has been able to attract a wide range of investors from both within and outside of Pakistan, with the foreign portfolio investments alone reaching a record high of $1.2 billion in the first half of 2018.
The PSX has also seen an increase in the number of listed companies, with the total number of listed companies now standing at 636. This is a significant increase from the 517 listed companies in 2017. The increase in the number of listed companies has resulted in an increase in the liquidity of the exchange, allowing investors to easily buy and sell shares.
In addition to the increase in the number of listed companies, the PSX has also seen a rise in the number of foreign investors. This is due to the exchange’s efforts to improve its corporate governance standards, as well as its commitment to providing a safe and secure trading environment.
The PSX’s success is largely due to the government’s efforts to promote the exchange. The government has taken a number of steps to encourage investment in the exchange, including tax incentives and the establishment of a dedicated regulatory body.
The PSX’s success is also a result of the hard work of the exchange’s staff. The exchange has been able to attract a wide range of investors due to its commitment to providing a secure and transparent trading environment.
Overall, the PSX’s historic high is a testament to the exchange’s hard work and dedication. The exchange has been able to attract a wide range of investors, both local and foreign, and has seen an increase in the number of listed companies. The exchange’s success is a result of the government’s efforts to promote the exchange, as well as the hard work of the exchange’s staff.