Stock Market Round up

Byline: SHABBIR H. KAZMI Muddassar Malik, Chief Executive Officer of BMA Funds, highlighted Pakistan's significant investment opportunities to British businessmen at a major investment event in London organized by UK Trade and Investment that attracted nearly 100 British investors."Pakistan's stock market is one of the best performing in the world. Yet it remains one of the most attractively priced in terms of regional price to earnings multiples. The UK and Pakistan enjoy growing trade and investment relationship. Bilateral trade is already worth more than PS1 billion annually and over 100 British companies are operating successfully in Pakistan. Major British players include Unilever, Shell, GlaxoSmithKline, Standard Chartered Bank, HSBC and Barclays. Karachi also has the largest purpose-built Toni and Guy hair salon in the world. Pakistan presents one of the world's greatest information arbitrage plays in the world," said Malik