Pakistan stock market has been one of the best performers globally this year.

According to the article published in Bloomberg, it was buoyed by improving economic outlook and a crucial initial loan deal with the International Monetary Fund in July.

It said that stocks in Pakistan closed near their record high on Thursday as robust foreign inflows and improving macro-economic indicators boosted sentiment.

Highlighting the boom in the Pakistan Stock Exchange’s benchmark KSE-100 index, the article asaid that it gained 1.1 percent to close just shy of the previous record of 81,865.10, after touching a new high earlier in the day.

The gauge has risen more than 30% this year.