Karachi Stock Exchange (KSE) receives fresh foreign investments

Karachi, Pakistan : Karachi Stock Exchange (KSE) witnessed fresh buying worth $235 million by foreign investors during the first quarterly in the current fiscal year, private news channel reported.

According to statistics issued by National Clearing and Settlement Company, scrips worth $123 million were sold by the foreign investors during the first quarterly last year at Karachi stock market.

According to world analysts, the Pakistani stock market stands out in comparison with Asian countries; while, the prices of companies’ scrips stand at 50 percent discount which acts as catalyst for the foreign investors.