I don't see any co relation between market cap to GDP.
Company market cap is based on companies future earning potential.
GDP is current and just happened for whole country.
I live in USA. If pakistan market KSE has so much potential, why there is not a single pakistan specific mutual fund of ETF.
I watch regularly CNBC. I have not heard a single word on KSE. Pakistan name is specified if the topic is terrorism or AID.
World markets did not care when...
Pakistan companies are higher standards thats why a single pakistani company is not listed in Nasdaq.
Only pakistan based IT company netsol which is blue chip company in KSE is penny stock in USA.
Market cap is whooping 30 million. Normally it is bonus amount for some lower level executive.