Stock market claims highest profit of previous 10 years in 2021

ISLAMABAD: Finance Minister Shaukat Tarin said on Friday that Pakistan’s stock market made the largest profit in ten years in 2021.

Shaukat Tarin uploaded a graph from the Securities and Exchange Companies of Pakistan (SECP) on Twitter from his own account, demonstrating year-on-year growth of profits in the stock market after taxes.

https://twitter.com/shaukat_tarin/status/1479334906828406784?s=20

He said that the stock market will make Rs258 billion in earnings in 2021, the biggest in the last ten years.

Shahbaz Gill, the PM’s Political Communication Adviser, also reacted on the news, saying that the numbers shared by the finance minister were intended for those who spread falsehoods about the country’s economic downfall.

Apart from an aggregate Rs258 billion profit, he said in a statement on Twitter that the overall volume of trade on the PSX remained the biggest in the last four years.

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