PSX Ranks Second Globally for Performance in 2024 Market

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Sameer

The Pakistan Stock Exchange (PSX) has been recognized as the world’s second-best performing stock market for the year to date.

As per Shahid Ali Habib, CEO of Arif Habib Limited, the KSE-100 Index recorded a remarkable 56.69% return in US dollar terms in 2024. He attributed this success to improving political and economic stability, enhanced market liquidity, and robust fundamentals.

Read more: PSX Greenlights Pak Suzuki’s Voluntary Delisting

Habib also credited the ongoing International Monetary Fund (IMF) program for bolstering investor confidence. On Friday, the KSE-100 Index reached a historic closing high of 97,798.23 points, reflecting its exceptional performance.

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