Islamabad, July 29, 2025: Despite recent upward trends in the Pakistan Stock Exchange (PSX), foreign investors continue to pull back, selling off a massive $149.67 million worth of equities from January to July 28, 2025.
The latest data from Arif Habib Limited and NCCPL shows that foreign corporates alone offloaded $174.61 million, with marginal buying from overseas Pakistanis and foreign individuals doing little to offset the outflow.

On July 28 alone, net foreign investment remained negative at $2.65 million, reinforcing a persistent selling streak. Key sectors affected include E&P, cement, and OGMCS, showing consistent divestment trends over the month.
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While local institutions and individual investors continue to inject liquidity into the market, foreign exits highlight ongoing concerns about macroeconomic stability and investor confidence in emerging markets like Pakistan. This major capital flight has quietly unfolded under the radar.
The figures raise a serious question: If foreign investors are losing confidence, what signal does that send about Pakistan’s economic outlook?



