FDI drops by 29% MoM to $122.46m in October

News Image

MG News | November 20, 2023 at 05:11 PM GMT+05:00

0:00

November 20, 2023 (MLN): Foreign direct investment (FDI) in Pakistan stood at $122.46 million in October 2023, registering a decrease of 29.05% MoM compared to $172.6m in September 2023.,the latest data issued by the State Bank of Pakistan (SBP) showed.

On a year-on-year basis, FDI has decreased by 12.59% YoY compared to FDI of $140.1 reported in October 2022.

On a commutative basis, the FDI stood at $524.7m in 4MFY24, up by $34.8m or 7.11% YoY.

Within the direct investments in the review month, there was an inflow of $174.19m, down by 2.27% YoY, while the outflow increased to $51.73m, up by over 35.69% YoY.

With respect to the portfolio investment under FDI, an inflow of $1.38m was witnessed through equity securities, as compared to the net selling of equity securities worth $2.62m in October 2022.

The foreign private investment into the country amounted to $123.84m in October 2023, which dropped by 9.92% YoY compared to $137.48m in October 2022.

Meanwhile, foreign public investment stood at $2.95m during the review month.

Accordingly, the total foreign investment in the review month clocked in at $126.79m, compared to $137.64m in October 2022, down by 7.88% YoY.

On a cumulative basis, within 4MFY24, total foreign investment increased by 17.81% YoY to $538.81m as compared to FDI of $457.34m reported in the corresponding period last year.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 138,597.36
256.32M
-0.05%
-68.14
ALLSHR 85,286.16
608.38M
-0.48%
-413.35
KSE30 42,340.81
77.13M
-0.03%
-12.33
KMI30 193,554.51
76.19M
-0.83%
-1627.52
KMIALLSHR 55,946.05
305.11M
-0.79%
-443.10
BKTi 38,197.97
16.53M
-0.59%
-225.01
OGTi 27,457.35
6.73M
-0.94%
-260.91
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 117,670.00 121,165.00
117,035.00
-1620.00
-1.36%
BRENT CRUDE 69.23 70.77
69.14
-0.29
-0.42%
RICHARDS BAY COAL MONTHLY 96.50 0.00
0.00
2.20
2.33%
ROTTERDAM COAL MONTHLY 104.50 104.50
104.50
-0.30
-0.29%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 66.03 67.54
65.93
-0.20
-0.30%
SUGAR #11 WORLD 16.79 17.02
16.71
0.05
0.30%

Chart of the Day


Latest News
July 18, 2025 at 07:21 PM GMT+05:00

Pakistan strengthens UK trade links


July 18, 2025 at 05:36 PM GMT+05:00

Pakistan, China set to advance agricultural innovation


July 18, 2025 at 05:10 PM GMT+05:00

PSX Closing Bell: Riding High, Ending Low



Top 5 things to watch in this week

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