ISLAMABAD: Pakistan’s economic prospects seem to have taken a turn for the better as the country reportedly left the world’s leading stock markets behind to register a surge of 30% in stocks during the last three months.
According to Bloomberg, Pakistan is currently leading the global stock market as Ireland reported a 20% increase followed by Russia’s RTS index with a positive change of 15%. The country’s bullish lookout has the potential to attract heavyweight investors.
After plummeting to the lowest level in five years in August, Pakistan’s KSE-100 Index has risen to the highest in seven months as the government is making efforts to breathe life into the economy with a $6 billion loan from the International Monetary Fund (IMF) after a deficit blowout.
Around $64 million of the country’s stocks have been bought by foreign investors this year, set for the first annual inflow since 2014. The purchases are expected togrow in February after the Financial Action Task Force (FATF) reviews Pakistan’s performance.
For more news and blogs, visit Graana.com.
Located in the heart of Islamabad, Kashmir House serves as a prestigious guesthouse for officials…
Lahore, known as Pakistan's cultural and historic heart, is home to numerous ancient sites, bustling…
Garha Mor, a notable landmark in Vehari, Punjab, Pakistan, is significant in its location, accessibility,…
Located in the center of Wah Cantt, Aslam Market is a vibrant commercial hub that…
Located in the bustling heart of Lahore, Abid Market is a landmark shopping area well…
ISLAMABAD, Nov 16 (APP): The Chairman of the Capital Development Authority (CDA), Muhammad Ali Randhawa,…
Welcome to Graana Blog - Pakistan’s Smartest Property Portal!
For more than a decade our intention has been to revolutionise the real estate industry in Pakistan. The same belief drove the vision of our real estate team, Graana where quality beats quantity.
We have introduced an extremely transparent and purposeful portal where we will help you buy, rent or sell your property. A place where you can sit back relax and let us market your projects and listings. We believe we have set new standards for the future of real estate in Pakistan by providing the smartest property portal.
