Pakistan expects huge leg up from MSCI rejig

By John Loh
15 Jun 2016

Pakistan’s equity capital market is set for a big boost from MSCI’s decision to return the country to emerging market status after a seven year hiatus, with bankers expecting foreign investors to pour into stocks.

The benchmark KSE 100 index rallied on the back of MSCI’s reclassification, gaining 2.8% at the close on Wednesday, after soaring to new heights in the run-up to the change announced on Tuesday.

The KSE100 has gained 17.5% year to date, making it the best performer in Asia on ...

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