According to Arif Habib Limited, PSX has surged past 100,000, reflecting a 150% return in just 16 months from 40k to 100k. It is the best-performing market globally for 2024, with a 60% return year-to-date.
Strong Long-Term Performance:
• 5-Year CAGR: 20.7%
• 10-Year CAGR: 12.4%
• 15-Year CAGR: 17.4%
• 20-Year CAGR: 15.6%
• 25-Year CAGR: 19.1%
P/E ratio increased from 2.6x to 5.5x, still below the historical average of 7.25x, indicating potential for further growth.
The milestone reflects robust economic recovery and consistent performance across major sectors, driving investor confidence.
Continued growth is anticipated due to Increased market participation, ongoing reforms, and resilience in challenging conditions.
Celebrate this achievement with us and seize the opportunity to invest in a market that’s reaching new heights!