KARACHI: The Business Optimism Index (BOI) for Pakistan increased from 112.8 points in the second quarter (Apr-June) of 2020 to 146.5 points in the third quarter (July-Sept). According to Dun & Bradstreet’s ‘Business Optimism Index’ report, business sentiment among local firms in Q32020 rebounded to pre-Covid-19 levels, mainly on account of resumption in economic activity amid gradual reopening of economy. The SME Optimism Index reached 142.2 points while the Large Companies Optimism Index rebounded to Q42019 level of 149.4 points. This was reflected by the SME Optimism Index, increasing 35.1 points QoQ to 142.2 points. SME Optimism Index is lower compared to Large Companies Optimism Index for all parameters due to lower business optimism, especially in the manufacturing sector.

Source: Pakistan Today November 02, 2020 16:52 UTC