Stock market

Stock market

Main article: Karachi Stock Exchange

In the first four years of the twenty-first century, Pakistan's KSE 100 Index was the best-performing stock market index in the world as declared by the international magazine “Business Week”.^{[citation needed]} The stock market capitalisation of listed companies in Pakistan was valued at $5,937 million in 2005 by the World Bank. . But in 2008, after the General Elections, uncertain political environment, rising militancy along western borders of the country, and mounting inflation and current account deficits resulted in the steep decline of the Karachi Stock Exchange. As a result, the corporate sector of Pakistan has declined dramatically in significance in recent times.