Blog | One Homes

PSX Jumps to a Historic High of 85,000 Points

Written by Saliha Aziz | Oct 8, 2024 9:50:08 AM

Pakistan’s economy is growing remarkably in view of the different reforms and policies aimed at growth in various sectors. As the country’s oil and gas industry rapidly expands, macroeconomic indicators as well as financial perspectives of the country have been improving. This development is reflected in the record-high foreign investment, as PSX experiences over $87 million in net purchases. This marks a crucial moment for local and international stakeholders to capitalise on the expanding economy of Pakistan.

The real estate sector is also gaining significant attention as a result of this. Overseas Pakistanis, in particular, have a keen interest in investing back in their homeland. One Homes, understanding the gap, developed living destinations that offer luxury, multi-generational homes to meet the needs of our discerning clientele.


KSE-100 Index Surges to a Historic High

On Tuesday, the Pakistan Stock Exchange (PSX) reported a record-breaking surge in the oil and gas sector buying. The KSE-100 Index increased by 665.81 points, closing at an all-time high of 85,576.10. This marks a total of over 2% increase within two days.

The strong performance of the index can be attributed to sectors like automobiles, cement, commercial banking, and oil and gas exploration. Key companies leading the market include OGDC, PPL, ENGRO, and PSO.

The volume of shares traded surged to 449.51 million, up from 381.53 million in the previous session, with the value of shares jumping from PKR 20.52 billion to PKR 30.19 billion. Tuesday's total value of the traded shares was reported to be Rs 8.06 billion owing to positive payout, increasing global oil prices, as well as decreasing interest rates from banks.


How Economic Gains Translate to Real Estate Growth

This PSX growth indicates a positive economic outlook, pointing to the high probability of improved performance across multiple sectors including real estate. As investor confidence grows, Pakistan is experiencing a rise in demand for high-quality real estate investments, particularly from Pakistanis abroad. 

Over $350 million in foreign direct investment (FDI) was reported in the first two months of FY25, highlighting the growing foreign interest in Pakistan. This surge, coupled with domestic growth, makes the real estate market a prime opportunity to capitalise on.


Gateway to Secure Investments in Pakistan’s Real Estate

With the growing potential of Pakistan’s economy, One Homes is committed to providing overseas Pakistanis with a secure investment opportunity in their homeland’s thriving real estate sector. Our luxury homes, designed with a focus on multi-generational living and world-class amenities, offer the perfect blend of comfort and financial security.

Investing in Pakistan with One Homes not only gives you a piece of your homeland but also allows you to benefit from the country’s upward economic trajectory. Give us a call to discover the perfect real estate investment opportunity for you.