Pakistan Stock Exchange among top 10 global markets: PM

Published: September 8, 2016
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Prime Minister Nawaz Sharif. PHOTO: REUTERS

Prime Minister Nawaz Sharif. PHOTO: REUTERS

KARACHI: Prime Minister Nawaz Sharif claimed on Thursday that the Pakistan Stock Exchange (PSX) is among the top 10 markets in the world.

He was addressing an award ceremony at PSX in Karachi, where he also stated that the world community is recognising the performance of PSX. “I want to see PSX grow further,” the premier said.

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“The government is trying its best to bring improvement in every sector,” he added.

‘Boosting exports is govt’s top priority’

During his day trip to Karachi, the premier held a meeting with a group of leading industrial exporters of the country, where he stated that boosting exports of the country is the top priority of the government.

“Economic growth and exports are interlinked,” he claimed, adding that the government will give short, medium and long term relief to exporters in order to achieve growth targets, Radio Pakistan reported.

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He also went to add that the “improved infrastructure of railways will provide relief to the exporters in terms of reduction in freight charges.”

The prime minister arrived at Karachi’s Jinnah International Airport on a day-long visit today (Thursday), where he was received by Sindh Governor Dr Ishtarul Ibad and Chief Minister Murad Ali Shah. The prime minister was accompanied by Federal Finance Minister Ishaq Dar.

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Reader Comments (13)

  • Raj
    Sep 8, 2016 - 3:28PM

    I have checked and found out that the above information that pakistan stock exchange is one of the top 10 in global markets is not true.Recommend

  • Farhan Khan
    Sep 8, 2016 - 4:27PM

    @Raj: In ROI terms, it is… Recommend

  • Akond of Swat
    Sep 8, 2016 - 4:34PM

    Apparently in the ‘Land of the Pure’ you can lie to all the people, all the time!Recommend

  • Malik
    Sep 8, 2016 - 4:41PM

    Funniest Part is Indian stock exchanges stand at 11 and 12th place in the world when it comes to trading and Pakistan stock exchange doesn’t even stand in top 50 in the world.Even in South Asia Bangladesh’s stock exchange trades better than Karachi.Why this false propaganda?Recommend

  • Ali
    Sep 8, 2016 - 4:57PM

    Hurted indians. The above wiki leak wasn’t updated. Secondly we are on top of emerging market status and third on top sx. 40000 points and counting…Recommend

  • Mahesh
    Sep 8, 2016 - 7:10PM

    One of the few news items that made me laugh out loud.Recommend

  • Reddy
    Sep 8, 2016 - 8:56PM

    first pakistan does not have a stock exchange and the one you have isn’t a stock exchange, the volume itself is not viable to make a credible stock exchange out of ur exchange…morning i’d seen somebody claiming to release 5G soon, now this by PM,no wonder you ppl are the way you are….Recommend

  • Jab
    Sep 8, 2016 - 9:37PM

    You guys need some serious education !!! to bring change to Pakistan, otherwise your leader with loot your country and settle abroadRecommend

  • ramesh
    Sep 8, 2016 - 10:04PM

    the entire pakistan exchange is not even equivalent of Reliance industries alone, Recommend

  • Razi Ahmad
    Sep 8, 2016 - 10:24PM

    It is surely amongst top due to protitability and improvement in 2016 only….check again……its not by size or volume which u may be looking for.Recommend

  • Saad
    Sep 8, 2016 - 11:23PM

    To all those here.

    Well yes it is true that pakistan stock exchange was in top 10 best performing markets.

    Credit should go where it is due
    If u want resource
    Tweet me

    @isapnimedia

    And follow me :)Recommend

  • leela4fun
    Sep 8, 2016 - 11:37PM

    Tabdeeli!!!Recommend

  • Khan
    Sep 9, 2016 - 8:14AM

    @Raj: abeh bongay read this http://www.bloomberg.com/news/articles/2016-06-14/best-performing-asian-stock-market-may-get-extra-boost-from-msci

    @Malik: You also read above.

    @Mahesh: Made me laugh harder when your Modi was wearing a suit with his name imprinted on it when meeting Obama as if Obama was going to steal it? hahahhaRecommend

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