PSX forecasts record surge of 106,000 points by June 2025
A leading local research house has revised the outlook for the Pakistan Stock Exchange (PSX), foreseeing the benchmark index reaching 87,000 points by December 2024 and 106,000 points by June 2025.
The projected growth in the benchmark KSE 100 index hinges on securing the next International Monetary Fund (IMF) loan programme of $6-8 billion, expected between June and July 2024, and ensuring timely economic reviews by the Fund.
In a comprehensive report titled ‘Index to Reach 87,000 by December 2024 and 106,000 by June 2025 – Price-to-Earnings Ratio Revert to Its Mean in 3 Years,’ Topline Research has upped the growth forecast for the benchmark KSE 100 Index by an additional 20% for December 2024, compared to the earlier anticipation of 75,000 points by the end of the ongoing calendar year.
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