Staff Reporter
Karachi
The Pakistan Stock Exchange (PSX) has once again won the title of being the best Asian stock market. It has become the fourth best-performing market across the world in 2020 as the government has successfully dealt with challenges of Covid-19 and has soothe the market. “Pakistan’s stock market (has become) the best performer in Asia and the fourth best-performing stock market in the world,” marketcurrentswealthnet.com, the New York-based global financial markets research firm, reported on Tuesday.
The PSX benchmark KSE-100 index has given a return on investment of 38.5% in dollar terms as foreign capital has been flowing into the market after the yield on the nation’s bond fell below double digits, the firm said in a brief under the title “Denmark and Pakistan: the surprising stock markets that outperformed in 2020”.
