Inside Financial Markets

Young Pakistan, Old Vietnam Key Asia Frontier Market Plays

With 189m population, Pakistan is the largest among the frontier markets studied, and given the relatively high fertility rate and longer life expectancy it could reach >300m by 2050, Credit Suisse analysts led by Chate Benchavitvillai write in note.

  • Pakistan population boom plays
  • Consumer stocks: Engro Foods, Nestle, Packages
  • Consumer appliances: PEL
  • Pharma: Searle
  • Heathcare: Shifa Hospital
  • Large banks: HBL, UBL, MCB on low penetration
  • Vietnam’s old-age dependency may triple by 2050; needs to focus on productivity improvement, healthcare and pension reforms
  • Notes DHG is Vietnam’s largest pharmaceutical company
  • Vingroup offers healthcare exposure through its 3 hospitals and expansion
  • BH and BDMS in Thailand could benefit from medical tourism


Baqar Hussain

A Wannabe CFO, just had stepped in the corporate sector, willing to explore every aspect here and learn as mush as i can, awareness for those who dont, get the info where ever possible and stay up to date always.

The Canadian Securities Institute


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Inside Financial Markets was a joint publication of Pakistan Stock Exchange (PSX)and Society of Technical Analysts Pakistan (STAP)