Pakistan, June 29 -- Stocks emerged as the top-performing asset class in FY25 with a return exceeding 55%, led by aggressive monetary easing, improved market liquidity, and the unlocking of fundamental value across key sectors, said Arif Habib Limited (AHL).

"The KSE-100 exhibits the strongest performance across all asset classes, boasting a FY25 return of 55.58%, significantly outperforming gold (47.56%), T-Bills (12.68%), Defence Saving Certificates (12.61%), bank deposits (12.60%), PIBs (11.97%), and USD/PKR (1.91%)," AHL said, in its report on Friday.

As per the brokerage house, the KSE-100's (benchmark index of the Pakistan Stock Exchange) returns consistently outshine those of other major asset categories.

"Even the historical ga...