The foreign portfolio investment has been steadily declining over the last many years. Since the beginning of 2020, overseas investors have sold off Pakistani stocks worth a massive $446 million (Rs71.4bn at Rs160 a dollar). Local participants have been net buyers with the highest pick by insurance companies ($203m) and individuals ($183m). A market strategist said that Pakistan is off …
Read More »Foreign investors go AWOL
November 23, 2020