Investors may jump in as returns recede from world-beating Pakistan stocks

The rally that’s helped Pakistan stocks trounce the rest of the world in the past three months isn’t done yet, according to one brokerage.

Large investors, including mutual funds and insurers, are expected to jump in as double-digit returns from fixed income have begun to ebb away, A.A.H Soomro, managing director at Khadim Ali Shah Bukhari Securities Pvt. said in an interview.

Pakistan’s KSE-100 Index has advanced to the highest level in seven months, after falling to the lowest in almost five years in August, amid attempts by the government to stabilize the economy with a $6 billion loan from the International