Pakistan's equity markets surpass China, India
The trade fund of Pakistan's stock exchange increased by 16 percent
KARACHI (Dunya News) – Pakistan’s equity markets have now been hailed on international level as well as its stock exchange has been declared the best in Asia.
The new report published by Forbes magazine revealed that over the last 12 months, the trade fund of Pakistan’s stock exchange increased by 16 percent while during the same tenure India and China’s trade fund was in negatives.
It has also been mentioned in the report that apart from CPEC and economic reforms, the $ 1 Billion aid by the World Bank was also the reason Pakistan’s equity markets are flourishing.
On the other hand, India’s equity market is still trying to cope up with the new experimentation of PM Modi.