The Pakistan Stock Exchange ranks fifth among the world’s best performing markets
KARACHI: The Pakistan Stock Exchange (PSE) has so far been ranked fifth among the world’s best performing markets in the current financial year.
Comparing the world’s best performing stock markets since July 1, 2020, the Pakistan Stock Exchange ranked fifth among the world’s best stock markets. According to the statistics, the Pakistan Stock Exchange’s index so far in the current financial year. Increased by 34%.
According to analysts, the SBP cut interest rates to boost the economy during the Corona epidemic, which led to an increase in industrial production, which is why the Pakistan Stock Exchange index also rose.
Among other stock markets in the world, Sri Lanka’s stock market ranked first in terms of performance, with the index rising 51%, followed by the Indian stock market with a 45% increase, and Vietnam’s stock with a 37% increase. Market, Abu Dhabi market ranked fourth with 34%.