Pakistani Equities Down 20%, from Sushil Kedia
Pakistani equities are down 20%.
It could very likely be a case of spurious correlation, yet worth taking a glance at.
Down 20% from the highs of the year, so far.
Interestingly, in the last 15 odd years that it's allowed foreign participation, it moves like the highest beta stocks would. Races up and comes down ahead of most other markets.