FDI clocks in at $131m in February
.png)
By MG News | March 20, 2024 at 09:48 AM GMT+05:00
March 20, 2024 (MLN): Pakistan has recorded a Foreign Direct Investment (FDI) of $131.2m in the month of February, compared to a divestment of $147.7m witnessed in the previous month, the latest data issued by the State Bank of Pakistan (SBP) showed.
Comparison on a year-on-year basis shows that the country reported an FDI of $113.4m in the Same Period Last Year (SPLY).
Cumulatively in 8MFY24, the country fetched an FDI of $820.6m against the $990.2m attracted in the Same Period Last fiscal year.
Within the direct investments in the review month, there was an inflow of $177.3m, up by 16.26% YoY, while the outflow increased to $46.1m, up by over 17.6% YoY.
Concerning portfolio investment under FDI, an inflow of $9.2m was witnessed through equity securities, as compared to an inflow of $8.2m in February 2023.
The foreign private investment into the country amounted to a positive $140.4m in February 2024, as compared to private investment worth $121.5m recorded in February 2023.
Meanwhile, with respect to foreign public investment, an inflow of $6m was witnessed during the review month through equity securities.
Accordingly, the total foreign investment in the review month clocked in at $146.4m, compared to an investment of $121.5m in February 2023.
On a cumulative basis, within 8MFY24, the total foreign investment stood at $932.4m as compared to the foreign divestment of $27.2m reported in the corresponding period last year.
Copyright Mettis Link News
Related News
Name | Price/Vol | %Chg/NChg |
---|---|---|
KSE100 | 133,294.64 75.38M |
1.02% 1345.57 |
ALLSHR | 82,782.65 220.42M |
0.87% 713.39 |
KSE30 | 40,731.16 25.71M |
0.85% 343.40 |
KMI30 | 191,890.73 25.40M |
0.27% 513.90 |
KMIALLSHR | 55,523.17 108.81M |
0.60% 329.20 |
BKTi | 36,671.45 13.64M |
2.35% 843.20 |
OGTi | 28,410.74 0.75M |
-0.13% -35.60 |
Symbol | Bid/Ask | High/Low |
---|
Name | Last | High/Low | Chg/%Chg |
---|---|---|---|
BITCOIN FUTURES | 109,630.00 | 110,525.00 107,865.00 |
-785.00 -0.71% |
BRENT CRUDE | 68.04 | 68.04 67.22 |
-0.26 -0.38% |
RICHARDS BAY COAL MONTHLY | 97.50 | 0.00 0.00 |
0.75 0.78% |
ROTTERDAM COAL MONTHLY | 106.00 | 106.00 105.85 |
-2.20 -2.03% |
USD RBD PALM OLEIN | 998.50 | 998.50 998.50 |
0.00 0.00% |
CRUDE OIL - WTI | 66.29 | 67.18 65.40 |
-0.71 -1.06% |
SUGAR #11 WORLD | 16.37 | 16.40 15.44 |
0.79 5.07% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Pakistan Stock Movers
Name | Last | Chg/%Chg |
---|
Name | Last | Chg/%Chg |
---|