Throughout the week, foreign investors, particularly foreign corporates, remained active participants in the Pakistan Stock Exchange (PSX), demonstrating sustained engagement. Their net buying activity amounted to over $3.8 million during this week.
Starting in February 2024, foreign corporates have consistently shown a positive net buying trend at PSX. This follows a reduction of 50% in their cumulative net buying during the first month of this year.
Since the beginning of February, foreign corporates have more than doubled their cumulative net buying at PSX. Notably, during this period, the KSE100 Index has experienced a significant uptrend, rising by approximately 10%.
In contrast, overseas Pakistanis exhibited nominal net buying activity this week. Their impact on PSX direction remains limited, as their market activity tends to be sporadic and lacks significant influence.
