What is LIPI (Local Investor Portfolio Investment) on the PSX?
LIPI (Local Investor Portfolio Investment) is the daily record of net buying and selling by local investor categories on the Pakistan Stock Exchange — individuals, mutual funds, banks/DFIs, companies, insurance firms, brokers, and other organizations — published by NCCPL.
How it works
LIPI is the local counterpart of FIPI. Because every foreign sale must be absorbed by a local buyer (and vice versa), the two reports mirror each other: net FIPI plus net LIPI sums to roughly zero each day.
The category breakdown is what makes LIPI useful: a decline absorbed by mutual funds and insurance companies reads very differently from one absorbed by leveraged individuals. Persistent accumulation by institutional local categories is often treated as smart-money positioning.
See the live data → Participant Flow (FIPI/LIPI) dashboard
Common questions
What is the difference between FIPI and LIPI?
FIPI covers foreign investors; LIPI covers local investor categories. They are two halves of the same daily flow report published by NCCPL, and their net values offset each other.
Which LIPI categories are considered institutional?
Mutual funds, banks/DFIs, insurance companies, and other organizations are usually read as institutional; individuals and much of broker proprietary trading are read as retail or speculative flow.