Inflow down by 13pc in local stocks

Both local and foreign investors showed purchasing tendency in investing in Pakistani stock markets, pushing it to a high of the last 22 months, while the companies and mutual funds favoured selling. The foreigners collectively invested $2.50million in Special Convertible Rupee Accounts (SCRA), while banks and institutions sold shares of around $1.17million.A 13% decrease in inflow is recorded on Sunday in the average volume of the market.