Karachi Stock Exchange - The Best Performing Stock Market In The World
Date 24/04/2003
The KSE 100 Index has risen over 51 percent between March 31, 2002 and March 31, 2003, which has enabled it to hold on to its position as the World's Best Performing Market. For the calendar year 2002, the KSE outperformed all other global stock markets by registering an increase of 112 percent. All this became a reality after reform measures taken by KSE in coordination with SECP, such as transparent trading, quarterly financial results, quality audits and strengthening of risk management system. Attributes such as declining interest rates on government securities and Treasury Bills along with handsome payouts by listed entities, which surpass any other dividend payout around the world. With over US$10 billion in reserves and privatisation of state-owned enterprises.
