Despite a notable increase in Pakistan's weightage by leading international indices providers, foreign investors continue to stay away from the Pakistan Stock Exchange (PSX).
Leading indices providers, such as Morgan Stanley Capital International (MSCI) and the Financial Times Stock Exchange (FTSE), have increased Pakistan's weightage.
According to Shankar Talreja, Director of Research at Topline Securities, while the FTSE Frontier Market Index raised Pakistan's weight to over 10% in September 2025, "but it has no practical use."
These changes have not translated into meaningful foreign portfolio inflows, reflecting persistent scepticism about the country's equity market.
Author's summary: PSX sees index boost without foreign inflows.