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PSX ranked 5th best market in 2016 by Bloomberg

byCT Report
31/12/2016
in Markets, Stock Exchange
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ISLAMABAD: Pakistan Stock Exchange (KSE-100 Index) has been ranked as fifth best performing stock market in the world in 2016 by Bloomberg.

With Karachi 100 Index gaining 43.05 percent, Pakistan remained the fifth best performing stock market in 2016, after Brazil. IBOVESPA Index (63.36 percent), Kazakhstan KASE Stock Ex (59.95 percent),

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S&P/BVL Peru General TRPEN (59.15 percent) and Russian RTS Index (50.03 percent), according to the World Equity Indices table posted by Bloomberg on its website.

The Bloomberg, in its report titled, ‘Here Are the Best and Worst Performing Assets of 2016’ has analyzed the performance of different countries and regions in 2016 in terms of currencies, equities, commodities and bonds.

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