Pakistan second best performing market in Asia

KARACHI: Despite security concerns, tense relations with the US and economic slowdown, Pakistan’s stock market has managed to rank as the second best performing market in Asia after Indonesia in 2011 so far, according to a Topline Securities research note.

Corporate earnings and reduction in interest rates helped equities so far in 2011 amongst the Asian Emerging and Frontier markets tracked by MSCI, adds the note.

Interestingly, Pakistan with a fall of 5% is so far the second best performing market amongst these 12 countries.

http://tribune.com.pk/story/277659/pakistan-emerges-as-second-best-performing-market-in-asia/

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