US Ambassador David Hale rings opening bell at Pakistan Stock Exchange

KARACHI: US Ambassador David Hale rang the opening bell at the Pakistan Stock Exchange (PSE) in Karachi on Tuesday.

According to the U.S. Census Bureau, the United States was Pakistan’s largest bilateral export market last year. Pakistan enjoyed a nearly $2 billion trade surplus. Total trade was worth $5.5 billion.

PSE was recently declared Asia’s top market, despite years of political and economic turmoil and low foreign investment levels in the country. According to Quartz, a digital global business news publication, Pakistan’s stock market has outperformed major Asian economies this year; the country’s benchmark equity index, the KSE 100, has been the fifth-best performing in the world.