Foreign Portfolio Investment at Pakistan Stock Exchange (12th Week)
Foreign corporates remain bullish on Pakistan throughout the week, with net buying totaling over $2.8 million. The pace seems to have increased, especially after the IMF's announcement of having reached a staff-level agreement with Pakistan in the middle of the week.
Overseas Pakistanis, however, ended the week with net selling of over $0.8 million. Overseas Pakistanis sold a massive amount of over $1.8 million just a day before the IMF announcement. However, since then, they have been net buyers at the Pakistan Stock Exchange for the rest of the week.