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Pakistan Stock Exchange Outperforms Leading World Stock Exchanges

Pakistan Stock Exchange Outperforms Leading World Stock Exchanges

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Pakistan’s stocks continue to outperform the world’s leading stock markets over the past three months.

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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