Pakistan’s Stock Exchange posts largest monthly gain in 6 years

The Pakistan stock market has posted the largest gain since May 2013 as the market closed the month on a gain of more than 5084 points in a single month. The benchmark index saw a record-breaking gain during the month of November with astonishing volumes reaching more than 3.10 billion shares traded during the month alone, said Malik Fazal Nadeem, who is an Assistant Vice President at BMA Capital Management.

Some analysts said the six-month extension in tenure of the serving Chief of Army Staff General Qamar Javed Bajwa ended political uncertainty, which played an important role in attracting more investors .