At the end of July, foreign portfolio investment had reached Rs6 billion. That was about three-times the foreign inflows into the country’s capital market at this time two years ago.
Over the seven months period in 2014, overseas investors have already bought net $648m worth local shares. Foreign net buying in July 2014 alone amounted to $68bn.
The free flow of foreign funds into the Pakistan bourses has been the major reason for the KSE-100 index gain of 3 per cent during the month.