Emerging Market

Pakistan upgraded to MSCI emerging market status

Web Desk May 16, 2017

KARACHI: Morgan Stanley Capital International (MSCI) has upgraded Pakistan to MSCI Emerging Market status after a gap of nine years, opening its door to global investors that track the index. MSCI, a leading provider of international investment decision support tools, announced the changes to its indexes as a result of its May 2017 Semi‐Annual Index Review, including upgrading Pakistan as an emerging market from a frontier market status. “The MSCI Pakistan Indexes will fully converge with the MSCI Provisional Pakistan…

‘Pakistan hampered by image problem despite booming economy’

Reuters Jun 20, 2016

Business

KARACHI/ISLAMABAD: Pakistani stocks are soaring, improved security is fuelling economic growth and the South Asian nation will be upgraded to "emerging market" status by index provider MSCI.