Pakistan notches best stock rally since 2002


Pakistan's benchmark KSE-100 Index rose about 84% in 2024. — Reuters

Islamabad: Pakistani stocks recorded their biggest annual gain in 22 years, outperforming nearly all markets worldwide as economic conditions improve and traders bet on more interest-rate cuts.

The South Asian nation’s benchmark KSE-100 Index rose about 84% in 2024. That makes the index the second-best performer in local currency terms among the more than 90 tracked globally by Bloomberg.

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