Karachi stock exchange is the world champion 2002....

Society Business and Career
1

Index of the KSE on 27th December 2001: 1,276.73 (source: http://finance.yahoo.com)
Index of the KSE on 27th December 2002: 2,661.37 (source: http://finance.yahoo.com)

This means an increase of +108% in the year 2002! :eek:

:smack: I should have bought some Pakistani stocks last year! :smack:

2

It's even higher now, as it crossed the 2700 mark.

bangs his head against the wall for not buying Pakistani stocks last year

3

Yes,

KSE has crossed 2700 barrier marks today(01/03/03).

4

[QUOTE]
*Originally posted by Pakistani Tiger: *
Yes,

KSE has crossed 27000 barrier marks today(01/03/03).
[/QUOTE]

Eik 0 zyaada ho gaya. 27000 tak to abhi bohot time lagge ga!

5

[QUOTE]
*Originally posted by Umer: *

Eik 0 zyaada ho gaya. 27000 tak to abhi bohot time lagge ga!
[/QUOTE]

Point Taken

Yeah, it would take at least 10-15 years to have KSE of 27000 barrier if the same pace continues.

6

[QUOTE]
*Originally posted by Pakistani Tiger: *

Point Taken

Yeah, it would take at least 10-15 years to have KSE of 27000 barrier if the same pace continues.
[/QUOTE]

Kaash!

7

better tell my parents, they had a great loss in their stocks in the previous years..and gave up looking up the price. maybe nows the time to sell.

8

And finally here we’ve got some reference. At the end it was even a 115 percent boost in the year 2002.

9

AND THE WORLD’S TOP STOCK MARKET IS The surprising answer: Pakistan.

The nine-member MSCI Pakistan Index has soared by 106 percent through Friday, outperforming the 50 countries tracked by Morgan Stanley Capital International; a subsidiary of Morgan Stanley that provides widely followed benchmark indices. In contrast, the U.S. is down 18 percent, China, 11 percent and Taiwan, 21 percent. India has been flat. South Korea is up 17 percent and Thailand, 27 percent. Pakistan has far outpaced even the second best global market, the Czech Republic, up more than 46 percent year-to-date. Colombia ranks third, with 29 percent while Hungary and South Africa round out the top five, at 27.4 percent and 21 percent, respectively. The reason for the Pakistan’s triple-digit gain is “entirely geopolitical,” said Andrew Clark, senior research analyst at financial data firm Lipper. “It’s the impact of the U.S. on Pakistani policy and (President Pervez Musharraf) moving in line with the U.S. government.”

*(Deborah Adamson for CBS.MarketWatch.com) *

10

21st January 2004:

Karachi Stock Exchange: 4,722.06 points

Compare this to 27th December 2001: 1,276.73 points

That means a PLUS of 269.86% in just slightly more than 2 years. :smack: