The inclusion of seven Pakistani businesses in two of Morgan & Stanley Capital International’s (MSCI) prestigious indices is a significant development for the Pakistani stock market.
With this update, there are now 82 Pakistani companies listed in MSCI indices, indicating the country’s increasing influence in international financial markets.
Experts predict that its inclusion will raise foreign investment in Pakistan’s capital market, providing more room for expansion. Following their quarterly assessment, MSCI announced its most recent rankings, which highlight the performance of Pakistan’s several sectors.
Interestingly, MSCI’s Main Frontier Market Index now includes the car industry’s advantageous engineering sector. Six Pakistani businesses have also been included to the Small Cap Index, though the company in the oil and gas industry,