Pakistan Stock Exchange has shown a significant progress by crossing the bench mark of fifty-three thousand points after six and a half years.

According to PSX Website, Karachi Stock Exchange-100 index, after recording a raise of 347 points, reached fifty-three thousand and four points today, which was yesterday closed at fifty-two thousand, six hundred and fifty-six point seventy-five.

It is pertinent to mention that KSE-100 index was 44,596.07 points in 2021, whereas it remained 42,420 points during 2022.

PSX-100 index witnessed twenty month upward trend during the last business week and the index remained positive by 1156 points in the business week.

On this progress of the Pakistan Stock Exchange, Chief Executive Topline Securities Mohammed Sohail commended performance of the PSX. He said the stock exchange market is touching new heights as a result of reduction in economic uncertainty in the country.

The chief of Intermarket Securities Limited was of the view that the impetus in stock market is a result of more focus on economy, positive outlook on the fiscal matters and a hope for a successful completion of the IMF program.

Economic experts are of the view that government's steps on the economic front have shown positive impact on the stock exchange and are once again witnessing investors' interest.