Pakistan’s stock market has been on a tear, defying economic logic and political turmoil. Despite the grim economic landscape, characterized by high inflation, a struggling currency, and a ballooning debt, the stock market has shown remarkable resilience. While the short-term outlook for the stock market appears positive, investors must exercise caution. The surge in the stock market also raises questions about the role of speculative trading and insider information. Without a solid foundation of economic stability and political certainty, the stock market’s rally may prove to be unsustainable.

Source: The Patriot November 25, 2024 17:44 UTC