Mov­ing Ahead

Southasia - - BRIEFS -

Mov­ing ahead in ma­jor Asian economies in terms of stock mar­ket per­for­mance, the Pak­istan Stock Ex­change (PSX) has been de­clared Asia’s best stock mar­ket by Quartz, an in­ter­na­tional busi­ness publi­ca­tion. In 2016, Pak­istan’s bench­mark eq­uity in­dex, the KSE 100, was also de­clared the fifth-best per­form­ing stock in­dex glob­ally. In its lat­est re­port, Bloomberg also termed the Pak­istan Stock Ex­change the best mar­ket in Asia, while the coun­try has suc­cess­fully re­gained the ‘Tiger’ sta­tus in the re­gion. Mov­ing ahead to stronger points with sta­ble out­put, Pak­istan has seen 15 per cent rise in its over­all eco­nomic growth this year.

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