In the year to May 20, the benchmark Karachi Stock Exchange (KSE) 100-share index lost just 300 points, less than 2%, while foreign direct investment continues to flood in, despite the turbulence caused in December 2007 by the assassination of former premier Benazir Bhutto. That scarred Pakistan’s investment landscape but only briefly. Karachi-based KASB Securities forecasts that FDI will slow only slightly this year, to $4 billion from $5.1 billion in 2007.
The M&A market is also healthy.
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