KSE sees fresh inflow of $4.79m
Sunday, 7 February 2010
KARACHI, Feb 6 (Business Recorder): Despite political and security concerns, foreign investors' interest continued at the local equity market during the week ended February 4, 2010.
According to National Clearing Company of Pakistan Limited (NCCPL) data, a fresh inflow of $4.79 million of foreign investors portfolio investment was witnessed at the country's equity market during the first four days of this month.
Trading activity remained low on the first day of the week due to uncertainty on the political front and law and order situation in Karachi. Foreign investors, however remained net buyers of shares worth $3,099 Monday.
As many as $266,834 of this mode of investment came in the local equity Tuesday. A massive inflow of $4,129,606 of foreign portfolio investment was recorded Wednesday while the offshore investors remained net buyers of shares worth $399,592 Thursday. The market remained closed Friday on account of Kashmir Day.
According to National Clearing Company of Pakistan Limited (NCCPL) data, a fresh inflow of $4.79 million of foreign investors portfolio investment was witnessed at the country's equity market during the first four days of this month.
Trading activity remained low on the first day of the week due to uncertainty on the political front and law and order situation in Karachi. Foreign investors, however remained net buyers of shares worth $3,099 Monday.
As many as $266,834 of this mode of investment came in the local equity Tuesday. A massive inflow of $4,129,606 of foreign portfolio investment was recorded Wednesday while the offshore investors remained net buyers of shares worth $399,592 Thursday. The market remained closed Friday on account of Kashmir Day.