Foreign investment in Pakistan drops by 94% YoY

News Image

By MG News | July 15, 2019 at 04:55 PM GMT+05:00

0:00

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

Name Price/Vol %Chg/NChg
KSE100 132,722.90
106.03M
-0.51%
-680.29
ALLSHR 83,042.48
604.87M
-0.18%
-145.57
KSE30 40,387.36
37.43M
-0.65%
-264.10
KMI30 190,920.32
43.24M
-0.61%
-1163.60
KMIALLSHR 55,743.15
311.99M
-0.19%
-104.54
BKTi 36,235.45
6.76M
-0.51%
-187.42
OGTi 28,287.22
7.47M
-0.53%
-150.39
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 109,075.00 109,545.00
108,625.00
-140.00
-0.13%
BRENT CRUDE 70.48 70.50
69.85
0.33
0.47%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
2.05
2.15%
ROTTERDAM COAL MONTHLY 106.65 106.65
106.25
0.50
0.47%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 68.66 68.68
67.78
0.33
0.48%
SUGAR #11 WORLD 16.15 16.17
16.08
0.02
0.12%

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