Stock markets in India and Pakistan have rallied following the US midterms, buoyed by hopes of easing tensions with Iran and lower oil prices. But analysts say the gains are driven by different factors, and lasting economic relief remains uncertain.
Why India and Pakistan's stock markets are rallying after the US midterms
EXECUTIVE SUMMARY
Stock markets in India and Pakistan have rallied following the US midterms, buoyed by hopes of easing tensions with Iran and lower oil prices. But analysts say the gains are driven by different factors, and lasting economic relief remains uncertain.
Key Takeaways
- Why India and Pakistan's stock markets are rallying after the US midterms.
- Stock markets in India and Pakistan have rallied following the US midterms, buoyed by hopes of easing tensions with Iran and lower oil prices.
- But analysts say the gains are driven by different factors, and lasting economic relief remains uncertain.
Read Complete Original Article
Published originally on Channel NewsAsia (CNA)
