
PSX has become an attraction for foreign investors because of slow financial activities in their countries
KARACHI: The Pakistan Stock Exchange (PSX), after being included in the Morgan Stanley Capital International’s emerging markets index, has been rising swiftly and hit a record benchmark of 40,000 points. The market’s capital has now jumped above eight trillion rupees, which indicates the magnitude of investments being made in it. The market has now become an attraction for foreign investors, especially investors from developed countries, because of slow financial activities in their countries. This is why The Wall Street Journal has declared Pakistan’s market profitable for foreign investment. We hope that such news boosts the economic growth of our country and augments more financial activities in the future.
Muhammad Farooq
Published in The Express Tribune, August 21st, 2016.
Like Opinion & Editorial on Facebook, follow @ETOpEd on Twitter to receive all updates on all our daily pieces.