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KARACHI: Pakistan Stock Exchange has witnessed highest Foreign Investors Portfolio Investment (FIPI) in November 2023.
The total foreign investors’ investment in November was highest in last six years after 2017.
According to National Clearing Company of Pakistan Limited (NCCPL) data, foreign corporates bought shares worth $66 million and sold $31 million in November 2023, resulting in net foreign buying of $35 million in a single month.
This is the highest monthly inflow after 2017, Muhammad Sohail, leading analyst and CEO of Topline Securities said. The KSE-100 Index was up 17 percent in November alone.
Copyright Business Recorder, 2023
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