Updated on
Summary
The Karachi stock market continued to lure foreign investors as so far during the current month overseas investors have made a net investment of $16.81 million.According to report of the Central Bank, foreigners interest to invest in the local scrips didnt evaporate and they were net buyers of around $66.67 million in the market. The foreign investors off loaded shares worth $50million during the year. According to equity analysts, the reinvigorated interest of foreign investors in the local market is attributed to the attractive valuations of the scrips, which are comparatively cheaper with their regional counterpart markets.
