Karachi Stock Market

Karachi stock market is a premier securities market of Pakistan , famously known for its index KSE-100 which in 2002 was recognized as the best performing market by appreciating 112%. Since 2002, Pakistan has been witnessing a huge influx of foreign exchange remittances from expat Pakistan abroad resulting in a balance of Payments and forex reserves surpluses. The sagging corporate sector which was already suffering from economic depression of 1990's, became a direct beneficiary of this as interest rates tumbled and easy lending policy stance was maintained. Various sectors listed on the Karachi Stock Exchange availed the opportunity to drive up production levels and improve core earnings. A clear deviation was visible between new rapidly strengthening fundamentals and the old economy that still reflected the dampened past. This presented an opportunity for price discovery in the prevailing stocks and real estate markets as wide spread growth progressed with dizzying speed