#PSX losing charm every passing day? Activity at the bourse says so…
Long 🧵, hopefully an interesting one.
With #PSX being in existence for a long time now, 🇵🇰 hasn’t really seen a pick-up in #investor base – or say has been seeing a downfall.
1/n
While in we are aware of lack of interest in equities, I did some working on turnover in PSX. It’s a disappointing one (see chart below). #PSX is trading $45mn p/d on avg. these days – just a notch above what we used to trade back in the end of 1990s. Yes, let that sink in.