UBS Investment Bank is to offer cash equity execution and a suite of comprehensive equity products in the Pakistan market. UBS has entered into a brokerage agreement with two Karachi-based brokers that will execute UBS orders and assist in introducing UBS’s clients to companies in Pakistan, complementing UBS’s economics research coverage for the Pakistan market. “We are delighted to have extended our offering with the ability to buy and sell securities on Pakistan’s largest bourse, the Karachi Stock Exchange. The brokerage agreement will allow us to satisfy the increasing demand from our clients for equities execution in this exciting market,” said Chi-Won Yoon, head of Asian Equities at UBS Investment Bank. The Karachi Stock Exchange is the largest of Pakistan’s three bourses and is regulated by the Securities & Exchange Commission of Pakistan. It has a capitalization of $61.6 billion and has been providing year-on-year returns of approximately 42 per cent since 2003.