World Stock market monitor, Morgan Stanley Capital International (MSCI) has announced to include Pakistan Stock Exchange (PSE) into emerging markets with this announcement the PSE 100 index has witnessed increase of 1100 points and reached to 38000 points.
The world market has recognized PSE impressive performance after eight years and declared it emerging market.
As many as 26 companies of Pakistan have been included in MSCI emerging market which have 9% share in the PSE.
After announcement, the PSE has shown record breaking outclass performance and crossed 38600 points after the increase of 1100 points.
The PSE had lost status of emerging market back in 2008. The PSE to keep it in the emerging market status it should maintain speedy performance as well.
