Islamabad: Prime Minister Shehbaz Sharif expressed his satisfaction on Friday as the Pakistan Stock Exchange (PSX) experienced a remarkable surge, with the KSE-100 index surpassing the 120,000-point mark for the first time. The index saw an increase of 1,800 points in a single day, marking a historic achievement for the financial market.

In a statement from the Prime Minister’s Office, Sharif attributed the stock market’s upward trajectory to growing investor confidence in government policies. He highlighted a significant reduction in power tariffs as a key factor that would provide relief to domestic consumers and serve as a positive indicator for the business community and industrial sector.

The prime minister emphasized that the improvement in the business environment and stability in macroeconomic indicators over the past year was a direct result of the government’s economic strategies.

He reiterated the government’s commitment to providing facilities that ensure a business and investor-friendly climate in the country, underlining the administration’s focus on fostering economic growth and stability.

The information was provided by the Ministry of Information and Broadcasting.