RajaRawal111
Prime Minister (20k+ posts)
Pakistans stock market has been on a tear in recent years. The countrys main KSE index has gained close to 400% since 2009, and 40% this year aloneleaving neighboring markets in the dust.
Pakistans equities have had a number of things going their way, like an improving macroeconomic environmentrising economic growth and falling inflation and interest rates. The countrys economy grew close to 6 percent in 2016, up from 4.8 percent in 2015, with inflation running around 4 percent, down from 10 percent four years ago. And the 10 year Treasury bond has yielded 8 percent, down from 12.5 percent four years ago.
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Source: Finance.yahoo.com 12/23/2016
Then there are a couple of overseas endorsements for Pakistans market reforms. Like $1 billion in support from the World Bank and a couple of domestic acquisitions from foreign suitors, such as the acquisition of Karachis K-Electric by Shanghai Electric Power Co.
Another overseas endorsement was the inclusion of Pakistans market into MSCIs emerging market index.
Source
http://www.forbes.com/sites/panosmo...akistans-big-stock-market-rally/#7f8a672d1f55
Pakistans equities have had a number of things going their way, like an improving macroeconomic environmentrising economic growth and falling inflation and interest rates. The countrys economy grew close to 6 percent in 2016, up from 4.8 percent in 2015, with inflation running around 4 percent, down from 10 percent four years ago. And the 10 year Treasury bond has yielded 8 percent, down from 12.5 percent four years ago.
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Index/Fund | 12-month Performance |
Global X MSCI Pakistan (PAK) | 29.25% |
IShares China (FXI) | 10.28% |
iShares S&P India 50 (INDY) | 0.93% |
iShares MSCI Emerging Markets (EEM) | 7.75% |
Source: Finance.yahoo.com 12/23/2016
Then there are a couple of overseas endorsements for Pakistans market reforms. Like $1 billion in support from the World Bank and a couple of domestic acquisitions from foreign suitors, such as the acquisition of Karachis K-Electric by Shanghai Electric Power Co.
Another overseas endorsement was the inclusion of Pakistans market into MSCIs emerging market index.
Source
http://www.forbes.com/sites/panosmo...akistans-big-stock-market-rally/#7f8a672d1f55
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