Foreign investment in Pakistan drops by 94% YoY
MG News | July 15, 2019 at 04:55 PM GMT+05:00
July 15, 2019 (MLN): Foreign investment in Pakistan has plunged by 94% during FY2019, as the total amount for this period stands at $329 million as compared to $5,680 million in FY2018.
Based on the data released by State Bank of Pakistan, a major chunk of these investments came in the form of direct investment worth $1,737 million, i.e. almost 50% less as compared to last year’s figure of $3,471 million.
Furthermore, an outflow of $415.2 million from equity markets, which is around 72% higher than last year’s outflow, adds further fuel to the wildfire as it explicitly hints towards a rapidly disintegrating economy.
Related News
.png?width=280&height=140&format=Webp)
| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 165,622.44 272.38M | 1.61% 2628.27 |
| ALLSHR | 99,146.61 533.86M | 1.66% 1620.70 |
| KSE30 | 49,910.67 143.76M | 1.67% 820.44 |
| KMI30 | 237,807.72 155.34M | 1.58% 3709.97 |
| KMIALLSHR | 64,323.09 312.97M | 1.64% 1038.51 |
| BKTi | 46,053.04 42.28M | 1.31% 594.94 |
| OGTi | 33,941.57 8.41M | 2.35% 778.68 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 80,060.00 | 81,015.00 78,605.00 | 1285.00 1.63% |
| BRENT CRUDE | 109.54 | 110.98 105.55 | 1.37 1.27% |
| RICHARDS BAY COAL MONTHLY | 113.00 | 0.00 0.00 | 1.00 0.89% |
| ROTTERDAM COAL MONTHLY | 108.50 | 108.55 108.50 | 1.05 0.98% |
| USD RBD PALM OLEIN | 1,191.50 | 1,191.50 1,191.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 102.97 | 104.54 99.11 | 1.03 1.01% |
| SUGAR #11 WORLD | 14.97 | 0.00 0.00 | 0.02 0.13% |
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 |
|---|
× ![]()