Pakistan’s stock market surged by 30 per cent or over 10,000 points in the last three months, according to Bloomberg. This development has taken place as a result of measures taken by the government to improve and stabilise the economy. These measures include a $6 billion loan from the IMF following a major deficit blowout.
The report further added that Pakistan’s KSE-100 Index had advanced to the highest it had been in seven months.
Moreover, bond yields have continued to decrease after reaching a peak around 14pc mid-year. This has given investors the opportunity to look explore other riskier options.
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