Pakistan Beat India – in Share Market

Indians might be beating Pakistan in cricket but on the bourses, Pakistani indices have stolen a march over Indian indices. Pakistan’s benchmark index, the Karachi Stock Exchange 100 (KSE100), has delivered 480% return since 2000, compared to 44% by the Sensex. A booming economy, economic reforms and a big push to the privatisation process has seen the KSE100 soar 54% since the start of the year. This against a return of a mere 1.52% by the Sensex.