Credit Suisse shines the spotlight on Pakistan
Pakistani shares are undervalued and fundamentals are improving, according to Credit Suisse.
While shutting down the stock exchange and being forced to get a line of credit from the IMF are not exactly factors that are likely to attract foreign investors, there are two key questions that investors should ask when looking at Pakistan, according to Credit Suisse. First, are those developments factored into share price valuations? Second, are fundamentals at least starting to move in the right direction?
"On virtually every valuation metric that we look at, Pakistan's valuation…
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