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Foreigners Sold $4 Million worth of Technology Stocks Today

admin-augaf by admin-augaf
September 28, 2022
in Business, Finance, Technology
Reading Time: 1 min read
0
Pakistan IT exports increased by 32.6 percent to USD 1.486 billion during July to January: PBS
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Karachi September 28 2022: Foreigners sold $4 million worth of technology stocks in today’s trading at Pakistan Stock Exchange.

Majority of the chunk $3.82 million worth technology shares were sold by foreign individuals followed by $0.13 million by foreign corporates and $0.05 by Overseas Pakistanis.

Foreigners sold $4.49 million worth of shares across the board with selling of $4 million in technology, $0.45 million in Banks, $0.19 million in Fertilizer and $0.1 million in Oil and Gas Marketing sector.

TRG Pakistan (TRG) close negative 2.31 or 1.81% with 10.6 million shares of volume and settlement of 28.9% in today’s trading. System Limited (SYS) witnessed decline of PKR 7.09 or 1.84% with 0.28 million traded volume. Netsol Technologies share price witnessed drop of PKR 0.72 or 0.73% with 0.81 million traded shares.

Since start of this fiscal year foreigners bought net 88.6 million shares of worth $23.4 million in the Technology sector. Out of which $7.1 million worth buying is in the futures.


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