Bloomberg has named Pakistan Stock as one of the best market in the world so far in 2024.

Bloomberg reported that the PSX 100 index closed on the most foreign buying in a decade. The foreign fund bought shares worth are 87 million dollars in Pakistan Stock Exchange this year.

Pakistan Stock Exchange’s Benchmark KSE-100 index gained 1.1% to close just shy of the previous record of 81,865, after touching a new high earlier in the day.

According to Bloomberg data, the gauge has risen more than 30% this year, aided by foreign investors’ net purchases of $87 million in local shares, the highest since 2014.

The Bloomberg report said, Pakistan Stock Exchange has shown positive trend of foreign purchases and improved economic indicators.