The Securities and Exchange Commission of Pakistan (SECP) has released its capital market report for the third quarter of the fiscal year, outlining trends in Pakistan’s financial markets amid global economic uncertainty.
According to Beyond Time News, the report notes that while international markets faced pressure, Pakistan’s capital market showed relative stability despite regional tensions and global volatility.
Global Pressure and Local Market Decline
The SECP highlighted that global markets experienced sharp fluctuations, including a drop in oil prices and weakness in major international tech stocks.
Domestically, the KSE-100 Index declined by 14.54 percent, falling from a record high earlier in the year to 148,743 points by the end of the quarter. Market capitalization also dropped from Rs19.69 trillion to Rs16.53 trillion.
Foreign Outflows Offset by Local Investors
Foreign investors remained net sellers, withdrawing over Rs111 billion from the market. However, strong buying activity from local investors nearly balanced the outflows.
Domestic institutions and investors played a key role, with companies, mutual funds, and individuals collectively contributing significant net purchases.
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Market Activity and Investments
The report also highlighted activity in the primary market, including new IPOs and strong participation in government Islamic bonds (Sukuk), which attracted substantial investment.
Trading in debt instruments and government securities also remained active during the quarter.
Overall Market Resilience
Despite pressure from global conditions, the SECP report emphasized that Pakistan’s capital market remained resilient, supported mainly by steady participation from domestic investors.
