Pakistan stock market on a roll over the past 6 months

KSE3

 

Pakistan Stock Markets has outperformed from June 30 to December, 7 of the current year among Global Stock Markets including India, China, Hong Kong, Tokoyo, USA and UK.

Stock Analyst, Zaheer Ahmed told APP that the participation of foreign investment was the main reason behind the better performance of Karachi Stock Exchange (KSE).

In addition, the better return on Pakistan Stocks has also attracted the foreigners which they did not find in the other Global Markets, he added.

The Analyst said that aside from this, the local investors had found the best avenue in the capital market because of consecutive decline in the discount rate.

KSE-100 Index has witnessed an increase of 21.8 per cent from 13801.41 to 16807.91 during period of last six month.

In the same way, the US S&P 500 has registered an increase of 3.8 per cent while the UK FTSE 100 was up by 5.8 per cent during the period under view.

The Index of Tokoyo NIKKEI 225 stood at 9,527.39 with an increase of 5.8 per cent as compared to 9,006.78 during the last six months.

Besides, The Hong Kong went upward by 14.1 per cent but China Shanghai Composite witnessed a decline of 7.4 per cent.

Aside this, Bombay Sensex Index stood at 19,424.10 against 17,429.98 during the last six months with enhancement of 11.4 per cent.

Meanwhile, Total Market Capitalization has witnessed an increase of 19.7 per cent from $37.24 billion to $44.58 billion during the period of last six months.



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