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‘High-Risk Hunters' Push Pakistan Stocks to Top Start in Decade

  • KSE100 up 10% this year; was world’s worst performer in 2017
  • Government increases rates, devalues currency to fix economy
General Images Of Economy Ahead Of Elections

Photographer: Asim Hafeez/Bloomberg

Foreign investors are snapping up Pakistani equities again.

Global funds have bought $91 million of the nation’s shares in January, set for the biggest monthly inflow in almost four years, as they pile into risk assets around the world. That’s helped propel the KSE100 Index to its best start to a year since 2007, rebounding from a selloff that made Pakistan the worst stock market globally last year.