Bloomberg says Pakistan’s stock market peaks at 7-month highs
US news agency Bloomberg reports that Pakistan’s stock market was at its lowest level in 5 years in August.
Foreign investors invested $ 6.4 million in the stock market.
This is the largest investment made by foreign investors since 2014; further investment in the stock market is expected after the FATFA review in February 2020.
The report states that Pakistan has done a lot to curb money laundering; two prominent London companies have also invested in the Pakistani stock market.