Why Are Pakistan’s Stock and Financial Markets Soaring, Really? 

During six decades of US aid, Pakistan’s living standards plunged. But in the past year, Asia’s largest frontier market delivered foretaste of its promise – with China’s support.
Recently, Pakistan’s stock market crossed the 46,000 point milestone. Investor sentiment is increasingly bullish. In the past year, Pakistan’s equity markets beat those of China and India by a wide margin. The former was up 16%, whereas the latter were in negative for the year.