Foreign investments in Pakistan stock markets during the 10 months of the current fiscal year amounted to $354.6 million. US with $296.1 million of investments topped the list among the countries investing in Pakistani stock markets.
While Europe with $31.2 million and Hong Kong with $26.6 million of investments remained on the second and third positions respectively, reported a private TV channel.
Swiss investors during this period withdrew $18.7 million from Pakistan bourses. The State Bank of Pakistan (SBP) had allowed all the banks to open special convertible in local currency accounts. Foreign investors could deposit funds for the investments in Pakistani stock markets and government securities. These accounts were being monitored by the State Bank itself, the TV channel added.
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