ISLAMABAD: Pakistan has managed to retain the secondary emerging market status for 6 months.
According to Bloomberg report, Financial Times Stock Exchange has maintained Pakistan’s secondary emerging market status.
In the year 2017, the capitalization of the Pakistani shares market was 100 billion dollars, today the capitalization of the shares market is 21 billion dollars, thus Pakistan was able to cross the threshold of the minimum investable market.
According to Bloomberg, the reason for the Financial Times decision is political stability in Pakistan and the government in the hands of a reformist Prime Minister.