KARACHI: Karachi stock market could see a surge in index by 25 percent, following the successes in war against terrorism.
Credit Suisse analyst, Farid Khan in an interview to a foreign agency told this. He said that a surge in the stock market could be seen, as the government has stepped up its operation against the terrorists.
Farid Khan said that Pakistan stock market index could be included in the Morgan Stanley Frontier Index, which would help in reviving the confidence of the investors.
He said that inflation has mellowed down and a further cut in the interest rate by the Central Bank was expected.
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