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Reading: Karachi Stock Exchange ends year on a high note
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PhotoNews Pakistan > Business > Karachi Stock Exchange ends year on a high note
Business

Karachi Stock Exchange ends year on a high note

Web Desk
By Web Desk Published January 1, 2015 1 Min Read
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For the third year in a row, Pakistan equity markets provided healthy returns to the investors. The KSE-100 index added 6,870 points to cross over the 32,000 level on the last trading day of the year, generating return of 27 per cent for 2014.

Though lower than the return of 49pc for each of the preceding two years, 2012 and 2013, the index gain was in line with the last 10-year average gain of 26pc and 20-year average of 21pc.

According to calculations by international market monitors, Pakistan ranked the third best performing market in 2014 and stood out among the 10 top markets around the globe.

Among the Asian frontier markets (as categorised by MSCI), Pakistan stood out as the top performer, outpacing Sri Lanka, Vietnam and Bangladesh.

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