Attract private investors to develop PSX
KARACHI: In these first signs of economic stability, today’s policymakers often cite rising KSE 100 levels as a sign of investor confidence. While that’s true, many blue-chip companies are trading at a fraction of their dollar valuations achieved during the MSCI Emerging Market-fueled euphoria of 2017, as well as the rally that led to the post-Covid rate cut -19 in summer 2021 Can increasing investments from small-cap investors further develop the Pakistan Stock Exchange (PSX)? Probably yes. In Pakistan, different estimates suggest that there are only 200-250,000 active UIN accounts operating on PSX. Of these, only 5-10% will be traded
