We must understand that nobody can boost the market and inflate it to that level artificially.
LAHORE: This is in response to the story “Stock market crosses another milestone” published on December 7. We must understand that nobody can boost the market and inflate it to that level artificially. If there is money to be made, investors will join the bandwagon. Most foreign funds are active in blue chip stocks because of a strong earnings outlook based on hefty dividends in the recent past.
A smooth political transition and strengthening of democratic institutions in Pakistan will further build up the rally. Never let your political bias obscure your judgment. Good times are coming as Pakistan is likely to be granted European market access on preferential basis. We must celebrate this achievement.
Athar Hussain
Published in The Express Tribune, December 9th, 2013.
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