THE benchmark KSE-100 index, after an impressive bull run of more than 20,000 points, or 46 per cent growth, between December 2023 and September 2023, has reverted to its rocky and volatile ways despite being severely undervalued. The confusion regarding whether elections will be held or not, followed by uncertainty regarding the formation of the government, has eroded investor confidence. …
Read More »Depressed valuations but unloved
February 19, 2024