The Emerging Asia Pacific Capital Markets: Pakistan (CFA Institute)

Investing in Pakistan offers access to the fifth-largest population in the world, and the country’s resilient domestic consumption stands out in a global economy affected by COVID-19. The benchmark KSE-100, which trades at a forward P/E of about 7x, is one of the most attractively valued among emerging markets indices, and top-tier Pakistani companies are regularly held up as some of the best in the region on profitability and investor relations.

Capital market development in Pakistan accelerated in the 1990s on a combination of privatization and other measures to liberalize the economy. READ MORE

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