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09-15-2016, 10:01 PM
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Pakistan's market beats Chinese and Indian markets
Global X MSCI MSCI +% Pakistan ETF was up 20%, beating India’s and China’s comparable ETF’s by almost two to one during the last twelve months, he says. Shedding light on reasons as to why Pakistani market has beaten those of India and China despite being hit by terror attacks, author Pa**s Mourdoukoutas contends “terrorist attacks don’t usually affect financial markets, unless they are disruptive to trade, which hasn’t been the case in Pakistan”. He further argues Pakistan’s market reform efforts have got a votes of confidence from overseas like $1 billion in support from the World Bank – and a couple of domestic acquisitions from foreign suitors like the acquisition of Karachi’s K-Karachi by Shanghai Electric Power Co. Pa**s Mourdoukoutas said heavy-handed policies of Chinese government have scared away foreign investors, and despite staying on course with reforms execution has been a problem for India. أكثر... ??????? ??????: Pakistan's market beats Chinese and Indian markets || ??????: ahlam1399 || ??????: اسم منتداك
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