ISLAMABAD: A positive economic development for the Pakistan government.
Adviser to the Prime Minister on Finance Dr Abdul Hafeez Sheikh said onSunday the “strong rally” in the stock market shows “increasing investorconfidence” in the government’s stabilisation measures.
Taking to Twitter, he said the KSE-100 index was up by 14.9 per cent inNovember, the “highest one month return after May 2013.”
He added the index increased by 36.6 per cent (10,500 points) since August16.
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The stock market staged a rally for the fifth week in a row in the outgoingweek as the KSE- index cross the 39,000-level after eight months to closeat 39,288. He said gained 1,362 points (3.59 per cent).
