Ahsan Iqbal visits Pakistan Stock Exchange

Pakistan Stock Exchange (PSX) held a Gong Ceremony to formally welcome Ahsan Iqbal, Federal Minister for Planning, Development, and Special Initiatives. The gong was struck by the Minister to open the trading day.

Present on the occasion were PSX Chairperson Dr. Shamshad Akhtar, MD & CEO of the Exchange Farrukh Sabzwari, PSX Board Members, PSX Management, senior bankers, members of the capital market fraternity, key stakeholders, and distinguished guests.

Dr. Shamshad Akhtar welcomed the distinguished guests, stating, “Ahsan Iqbal has been a voice for developing countries at the United Nations,” and praised his contributions to global and national economic progress. She highlighted PSX’s remarkable performance, noting the crossing of the 100,000-point mark last week as a testament to Pakistan’s potential.

Ahsan Iqbal congratulated the PSX Board and Management. “Crossing the 100,000 mark in the KSE-100 Index showcases Pakistan's potential to the world. It is a moment of pride that highlights Pakistan’s economic resilience,” he said.

He emphasized that the government's economic policies have steered the country towards stability. "Inflation has dropped from 38% to below 5% in two years, and the stock market has soared from 30,000 to 100,000 points," he stated.

Prominent representatives from brokerage houses, asset management companies, and senior bankers attended the ceremony, which also served to recognize the collective efforts of all stakeholders in achieving this significant milestone.