Pakistan Stock Exchange emerged as one of world’s worst performers

The Pakistan Stock Exchange has emerged as one of the world’s worst performers due to the country’s heavy reliance on imported energy. The combination of skyrocketing costs and obstructed imports is placing an unbearable strain on the country’s fragile external position. Pakistan’s struggling economy is set to remain gripped by double-digit inflation if global oil prices continue to surge amid the West Asis crisis. The inflationary pressure is expected to cripple economic expansion, with reports slashing its GDP growth forecast for financial year 2027 to a mere 2.5 to 3.0 per cent. The immediate future remains on the verge of total macroeconomic collapse.