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Showing posts from October 27, 2024

Foreign Buying Resumed

On November 1, 2024, mutual funds faced redemption pressure as the PSX reached record highs. They were net sellers of $3.2 million, reversing their recent trend of absorbing foreign selling. In contrast, foreign corporates were net buyers of $5.7 million, a significant shift after net sales of $120 million over the past two months.