Pakistan Stocks Near Record High After Biggest Foreign Buying in a Decade.

Pakistan's stock market closed near its record high, with the benchmark KSE-100 index gaining 1.1%. This increase is attributed to robust foreign inflows and improving macro-economic indicators. The stock market has seen a rise of over 30% this year, with foreign investors making their highest net purchases since 2014. Despite being downgraded to a frontier market status by FTSE Russell, some market watchers believe there is still potential for growth, particularly in fertilizer and energy shares. [Extracted from the article]