The MSCI’s decision to make changes to Frontier Markets portfolio resulted in the benchmark KSE-100 index putting in a stunning performance and gaining 1,291 points to shatter past the 28,000 points barrier during the week ended April 4.
It was a great week for investors as the KSE-100 recorded five straight trading days in the green to hit an all-time high of 28,408 points at the close of trading on Friday. Foreign buying and the country’s macro-economic indicators also played a large part in the index’s fortunes.
