Pakistan Stock Exchange: Wall Street Journal terms PSX profitable for foreign investors

Pakistan Stock Exchange: Wall Street Journal terms PSX profitable for foreign investors

ISLAMABAD: (APP) Wall Street Journal has declared Pakistan's market profitable for foreign investors.

The journal reported that the Pakistan Stock Exchange was termed the best market in Asia a couple of months ago, private news channel reported.

It was stated that investors in developed countries are turning to emerging markets due to slow economic activities in their homelands.

Germany, China, Italy and companies belonging to a score of other countries are investing in Pakistan.

According to the United States journal, 100-index of the PSX gained around 20 percent.