Tuesday, September 28, 2010, Shawwal 18, 1431 A.H  
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 GEO Business

 Pak stocks at downfall: report

 Updated at: 1210 PST,  Tuesday, September 28, 2010
Pak stocks at downfall: report KARACHI: Pakistani stock markets are on the downhill slope these days, as opposed to the markets of Bangladesh which burgeoned in last five years with membership card price beyond Rs80 crore, Geo News reported Tuesday.

According to market analysts, Pakistani stock markets were at their highest on 15,000 before 2008 crisis with membership card cost at Rs15 crore.

While, 2008 saw the price of membership card of Bangladeshi stock market at Rs1.5 crore, which enhanced in the last five years to Rs80 crore. Contrarily, Pakistani stock markets witnessed dwindling price of membership card today at Rs5.5 crore with benchmark 100-index perched at 10,000-point level.

Market analyst Daniyal Anis told Geo News Bangladeshi stock markets are doing well thanks to the industrial development, listing of new companies, boosting foreign investment and appreciation of their currency in the last five years.
 
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