A trader monitors stock prices on a computer screen during a trading session at the Karachi Stock Exchange (KSE) in Karachi, Pakistan. (Photographer: Asim Hafeez/Bloomberg)

MSCI Disappoints Pakistan Traders Hoping for a Downgrade

(Bloomberg) -- Equity traders are usually disappointed when MSCI Inc. downgrades a country’s index status. With Pakistan, they are upset it didn’t.