China, Netherlands, and Hongkong lead as top foreign investors during Jul-Feb FY21

News Image

MG News | March 17, 2021 at 06:14 PM GMT+05:00

0:00

March 17, 2021 (MLN): The country attracted $1.3 billion of net FDI during July-Feb FY21, with China, Netherlands and Hongkong appeared as the top three investors in Pakistan with net FDI of $494 million, $117.8 million, and $106.3 million respectively.

In the month of February 2021, the country fetched $155 million worth of net foreign investment with China emerged as the largest direct foreign investor in Pakistan, with a net direct investment of $91 million, followed by UK and Germany who invested $11.5 million and $8.5 million net respectively, according to SBP data issued.

The FDI from China and Hongkong was 25% and 20% lower in July- February FY21, compared to the net inflows of $654.8 million and $134.3 million respectively in the same period of FY20. While the inflows from the Netherlands were 60% higher when compared to the inflows of $73.5 million during Jul-Feb FY20.

On the other hand, investors from Norway showed the largest disinvestment of $31.6 million during 8MFY21, however, during the corresponding period last year, the country invested $288.5 million as FDI.

Other important investors were the United Kingdom (UK), United States (US), and Malta with a net FDI of $95.4 million, $78.9 million, and $65.3 million respectively. The Inflows from the US and UK surged by 30% and 18% YoY respectively when compared to Jul-Feb FY20 while the inflows from Malta recorded a decline of 56% YoY in 8MFY21.

Moreover, Foreign Portfolio Investment (FPI), which represents an investment in the equity market has shown a negative picture, as net FPI outflows during the period under review stood at $388.5 million compared to the inflows of $2.13 billion recorded in the same period last year. The UK emerged as the biggest withdrawal of portfolio investment during the period, as it withdrew $180.5 million during 8MFY21, followed by the US with $138.3 million.

Meanwhile, UAE appeared as the largest contributor in portfolio investment with $111.5 million.

Copyright Mettis Link News

 

Related News

Name Price/Vol %Chg/NChg
KSE100 148,617.78
624.60M
0.86%
1274.27
ALLSHR 91,685.08
1,340.28M
0.74%
669.39
KSE30 45,247.79
197.43M
0.83%
370.74
KMI30 212,370.79
224.51M
1.05%
2209.48
KMIALLSHR 61,227.89
711.87M
1.18%
715.56
BKTi 41,264.02
160.39M
0.54%
221.73
OGTi 30,019.10
23.63M
0.64%
190.41
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 108,265.00 0.00
0.00
-510.00
-0.47%
BRENT CRUDE 67.46 67.94
67.29
-0.52
-0.76%
RICHARDS BAY COAL MONTHLY 88.70 88.70
88.70
-0.75
-0.84%
ROTTERDAM COAL MONTHLY 96.15 96.75
96.00
-0.40
-0.41%
USD RBD PALM OLEIN 1,106.50 1,106.50
1,106.50
0.00
0.00%
CRUDE OIL - WTI 64.01 0.00
0.00
0.00
0.00%
SUGAR #11 WORLD 16.34 16.52
16.33
-0.14
-0.85%

Chart of the Day


Latest News
August 31, 2025 at 07:00 PM GMT+05:00

Weekly Market Roundup


August 30, 2025 at 04:28 PM GMT+05:00

Key Pakistan Market Stats and Economic Indicators


August 29, 2025 at 06:04 PM GMT+05:00

SCRA inflows offset Rs8.5bn net selling



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg