FDI rises by 54.11% YoY to $173m in September

News Image

MG News | October 19, 2023 at 10:14 PM GMT+05:00

0:00

October 19, 2023 (MLN): Foreign direct investment (FDI) in Pakistan stood at $172.6 million in September 2023, registering a notable increase of 18.14% MoM and 54.1% YoY compared to $146.1m in August 2023 and $112m in September 2022, the latest data issued by the State Bank of Pakistan (SBP) showed.

Within the direct investments in the review month, there was an inflow of $223.8m, up by 18.11% YoY, while the outflow dropped to $51.2m, down by over 33.94% YoY.

With respect to the portfolio investment under FDI, an outflow of $13.1m was witnessed through equity securities, as compared to an outflow of $5.4m in September 2022.

The foreign private investment into the country amounted to $159.5m in September 2023, which jumped by 49.62% YoY compared to 106.6m in September 2022.

Meanwhile, foreign public divestment stood at $3.7m during the review month.

Accordingly, the total foreign investment in the review month clocked in at $155.8m, compared to $106.9m in September 2022.

On a cumulative basis, within 3MFY24, FDI increased by 28.88% YoY to $412.03m as compared to FDI of $319.71m reported in the corresponding period last year.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 136,502.54
259.91M
1.64%
2202.77
ALLSHR 85,079.90
838.35M
1.26%
1061.74
KSE30 41,552.62
97.27M
1.81%
738.33
KMI30 193,330.76
84.69M
0.39%
741.60
KMIALLSHR 56,315.31
366.02M
0.43%
243.06
BKTi 38,498.08
37.91M
4.13%
1526.33
OGTi 28,138.38
5.66M
-0.36%
-101.89
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 120,570.00 123,615.00
118,675.00
2040.00
1.72%
BRENT CRUDE 69.06 71.53
69.02
-1.30
-1.85%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
0.25
0.26%
ROTTERDAM COAL MONTHLY 106.50 106.60
106.50
-2.20
-2.02%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 66.83 69.65
66.80
-1.62
-2.37%
SUGAR #11 WORLD 16.31 16.67
16.27
-0.26
-1.57%

Chart of the Day


Latest News
July 14, 2025 at 05:26 PM GMT+05:00

Gold price in Pakistan rises Rs1,600 per tola


July 14, 2025 at 04:59 PM GMT+05:00

Tax reforms focus on public ease, transparency


July 14, 2025 at 04:23 PM GMT+05:00

PSX Closing Bell: Another One Bites the High


July 14, 2025 at 04:06 PM GMT+05:00

PKR falls 25 paisa per USD



Top 5 things to watch in this week

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