Net foreign inflow tops Rs. 29 b mark

Whilst locals took profit, foreigners stepped up their buying yesterday, bringing the year-to-date net inflow to over Rs. 29 billion, an all time record.

Rs. 334.5 million worth of shares were bought whilst selling was only Rs. 86.6 million, resulting in a net inflow of Rs. 248 million. According to Softlogic Stockbrokers, the year-to-date net inflow as of yesterday was Rs. 29.1 billion.

Last year the Bourse saw a net foreign outflow of Rs. 19 billion on the back of a record flight of Rs. 26.3 billion in 2010.